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/biz/ - Business & Finance


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17759621 No.17759621 [Reply] [Original]

Why is everyone freaking out about stock market? After this coronovirus thing is over with, won't everything just go back up to where it was before?

>> No.17759650

>>17759621
yeah.. in like 5 years

>> No.17759699

>>17759621
how much IQ do you have? seriously...1 maybe 2 IQ points? do you realize how many people this can kill if it gets out of hand? if 20% of old people die thats a percent taken out of the economy you fucking retard.

>> No.17760010

>>17759699
Not really, that money will still be there, it will be passed down to their kids in their will.

Also, with all those old people die, that's less old age care and social security, and more jobs open for the unemployed leading to less welfare. So the economy should actually be better

>> No.17760048

>>17759621
mass panic with how connected everyone is now. swine flu was bad but didnt cause as much panic because we were at the edge of social media boom

>> No.17760155

>>17759621
Welcome to buy and hold, the investment strategy so simple that 90% of the population is too retarded to pull of right.

>> No.17760205

>>17759621
Mmmmmno. Media's going to make everybody incredibly depressed and/or angry. Hot stuff for years to come.

>> No.17760415

Yes right now the markets are panicking as people speculate on the potential impact of the virus, but eventually with enough panic the speculative damage could become a self-fulfilling prophecy.

>> No.17760992

>>17760155
BASED

>> No.17761059

>>17759621
it'll take a long time, years, to re-orient global supply chains away from the cesspool that is China.

>> No.17761102

>>17759699
>if 20% of old people die thats a percent taken out of the economy you fucking retard.
More like the percent given back to economy. Old people are nothing but a burden. Hopefully this virus will wipe out the half of boomers, so we can hope for a good future when this shit comes to an end.

>> No.17761508
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17761508

>>17759621
No. It's over. Crypto will never recover. Invest in gold and silver.