Oh. My. God....

[Anonymous No.17871072]

This is literally the Great Depression 2.0

Look at this map. The next few years is going to be hell. The market is actually crashing EVEN harder than it did in ‘29

[Anonymous No.17871105]

>>17871072
>The next few years is going to be hell

Not if you've got nothing to lose in the first place and life is already a living hell by default. Nothing will change. Enjoy your suffering richfags.

[Anonymous No.17871126]

>>17871072
It’s actually fucking happening, I can’t believe it.

How is the market crashing this hard? It’s just a fucking flu.

>>17871105
We’re all going to be eating dog food and jobless by the end of the month. Stock trends are literally WORSE than they were during the Great Depression.

[Anonymous No.17871127]

>>17871072
>flipping the table and giving poorfags a chance is a bad thing

you're looking at it all wrong my man. It might be painful short term but it's worth it in the long run

[Anonymous No.17871169]

>>17871072
paid 10$ over spot. AMA

[Anonymous No.17871180]

>>17871072
SPCE is currently under $12 right now, and boy am I tempted, but seeing this shit keeps casting doubts on me. If we're seriously entering depression, I want to wait, but you can't time the market.

[Anonymous No.17871189]

>>17871072
buy the fucking dip

Remember for the past 12 years people saying "man I wish I bought the bottom in 2008" THIS IS YOUR CHANCE AGAIN

GET EVERY SINGLE PENNY OF FIAT YOU CAN MUSTER AND GET READY TO BUY

Why do you think buttcoin is tanking? Everyone is selling cones becaude they want to buy the dip of the stock market

[Anonymous No.17871214]

>>17871189
That will do nothing

[Anonymous No.17871216]

>>17871072
Huh? didnt the 08 crisis lose 50%

[Anonymous No.17871219]

I'm sure being able to trade by smartphone has NOTHING to do with this right?

A crash like the 29 crash is not possible barring a major financial collapse. Everyone back then was literally 10x leveraged. 10x.

[Anonymous No.17871228]

>>17871072
When does that 2008 chart start? It better start with the collapse of Bear Stearns

[Anonymous No.17871231]

>>17871072
>it's happening! this time is for real, believe it!
says increasingly nervous man for the 20th time this decade
btw prepare yourself for 4 more years of trump

[Anonymous No.17871240]

>>17871072
>muh hell on earth
Is the gobernment gonna cut neetbux? No? Then I don't give a fuck. Imagine being a wagecuck in this day and age lmao.

[Anonymous No.17871255]

>>17871072
Capitalism is over. Not even kidding.

[Anonymous No.17871273]

>>17871072
what happened from 08' till now. moon mission confirmed

[Anonymous No.17871281]

>>17871216
>>17871228
This is the full map

[Anonymous No.17871283]

>>17871231
>trump shill
I didn't know this was a thing...

[Anonymous No.17871288]

>>17871240
>Is the gobernment gonna cut neetbux
Yes. Highly likely.

[Anonymous No.17871293]

>>17871281
link?

[Anonymous No.17871296]

>>17871189
but anon, this depression will last years
many of the companies you see today might not even make it

[Anonymous No.17871310]

>>17871228

[Anonymous No.17871318]

>>17871296
buy index funds then

[Anonymous No.17871337]

>>17871189
>buy the dip

[Anonymous No.17871341]

>>17871126
>How is the market crashing this hard? It’s just a fucking flu.
Because Drumpf propped it up as much as humanly possible because he liked pretty green numbers even though nothing was actually backing it, and the corona was just the needle that popped the balloon

[Anonymous No.17871362]

>>17871126
Its not just a fucking flu you dumbass

[Anonymous No.17871364]

>>17871341
Now imagine if it wasn't propped up and the same exact balloon that he inherited would have popped right now. Take a deep long think.

[Anonymous No.17871366]

>>17871296
>this depression will last years
This depression will last for the rest of your life. You'll never make it, you'll never know joy away from stress, you'll never have anything, ever. This is the truth. You don't fully believe it yet, but you will soon. Enjoy a life full of misery.

[Anonymous No.17871376]

>>17871240
>he thinks there will be a government
top fucking kek
the financial system is one of the few strings left thats holding america together

once the economy blows and corona-chan reaps the boomers, its gonna be civil war

>Weak men create hard times.

[Anonymous No.17871383]

>>17871281
Thank you. The graph starts in 2007 though. That's what's so misleading about OP's stupid ass graph.

[Anonymous No.17871398]

>>17871364
The greater the height the larger the fall? Also imagine if he didn't dismantle the group designed for this exact thing and didn't tell people to just go out and about cause it's no big deal during the initial stages of it! (:

[Anonymous No.17871413]

>spanish flu kills young people the most. Those that can and do work
>death toll estimated as high as 50 million
>markets don't move

>modern memevirus is only a big threat to people who are already retired and useless
>death toll 5k
>world economy exploding

absolute joke of a reality

[Anonymous No.17871438]

>>17871366
now hold on now i know corporations had massive debt
But the corporations will die others will take their place and life will move on
Why not?

[Anonymous No.17871445]

>>17871126
I have really low living standards. I eat cheap expired food and have lived in a tent for over a month. Most normies will have a hard time adjusting and won't have a clue how to deal with the situation at first. This is finally our opportunity to thrive.

[Anonymous No.17871451]

>>17871413
blame all the retards on 4chan in gebruary and late january hyping this shit up
ive been syaing its just a flu aince the beginning, but anons kept spamming it

i sincerly believe its all the shitposting memes in jan and febs fuckin fault

[Anonymous No.17871453]

>>17871337
This wasnt just a meme, this was a journey

[Anonymous No.17871484]

>>17871451
if a nothingburger virus is enough to crash the economy, then the economy was already rotten from within and total shit anyways and was just waiting for a kick to bring the whole thing down

and if it isn't a nothingburger, it doesn't matter anyways since tens of millions will die and hundreds of millions lose their jobs leading to global geopolitical chaos and world war 3

[Anonymous No.17871499]

>>17871362
It's literally less worse than the flu both in terms of deaths and infection.

[Anonymous No.17871505]

>>17871413
its a plot by a bunch of outcasts to shitpost all of the net to incite fear and panic while they boost their put positions that are already over-extended

their going to write about this the same way we rigged the election through massive online shitposting and meme-influencing.

Cramer is a regular on reddit, that should tell you something - this is all a carefully subtle coordinated effort to sell off the [ previously over valued ] stocks that are now at 2016 levels.

[Anonymous No.17871517]

>>17871438
I'm merely molesting that little place of fear and uncertainty at the back of all our heads. The names Quincy.

[Anonymous No.17871536]

>>17871376
>>Weak men create hard times.
>hard times create chads
+1

>>17871413
What did u expect from clown world?

>>17871438
>But the corporations will die others will take their place and life will move on
When the asteroid hits, the T-rex will die, but another T-rex will become rex of the hill

>>17871445
phone post or public library?

[Anonymous No.17871550]

>>17871364
It wouldn't have been as bad. The bigger the bubble the larger the pop.
>>17871341
> corona was just the needle that popped the balloon
People need to understand this, even if corona was magically eradicated tomorrow wouldn't make a different. The bubble is burst.

[Anonymous No.17871559]

>>17871072
Trading has gotten alot faster due to online banking

[Anonymous No.17871560]

>>17871453
and the journey was the friends we memed into existence along the way

>>17871484
>if a nothingburger virus is enough to crash the economy, then the economy was already rotten from within
+1

>>17871505
b a s a d o m u c h o

[Anonymous No.17871563]

>>17871438
In the end, this is good for society, you're right. But it wont be a clean transition.

[Anonymous No.17871574]

>>17871072
We're going to get fucked so hard. This is the everything bubble - better withdraw your cash from the bank!
https://www.youtube.com/watch?v=-ljcbFBTLa4

[Anonymous No.17871575]

>>17871413
There was a stock crash then, but the government did nothing to bail out the losers and after that we had The Roaring 20s.

[Anonymous No.17871579]

>>17871536
I'm not homeless now. I just know that I can weather the storm better than most people who will be falling from much greater heights than I am.

[Anonymous No.17871581]

>>17871505
You're a fucking retard. The financial system is in orders of magnitude of a worse position than it was in 2008.

[Anonymous No.17871588]

>>17871072
The great depression 2 was in the late 60s to mid 70s by many standards, though historically they weren't allowed to label it as such. This is great depression 3, technically. Also, it's been a recession for 20-30 years leading into such, despite the dot com boom, and other bubbles, the real data mimics the lost decade in Japan, and in a greater arena the lost 2-3 decades world wide. That's what you get with a system divorced from nature, and sustained by social lies.

[Anonymous No.17871606]

>>17871499
It is literally more infectious and more deadly than the flu.

[Anonymous No.17871607]

>>17871072
Hopefully we get another uprising against the international banking mafia that’s responsible for these crashes. This time we’ll win.

[Anonymous No.17871614]

>>17871072
Globalization obviously was a sham.
Saving PENNIES by destroying American jobs was unsustainable and strategically retarded. The chickens have come home to roost. Playing games with our currency overseas, allowing foreign nationals to buy our homes, allowing international elites to hollow out our country for profit.. all unsustainable destruction of a once functional society. They put the market before all and treated is like livestock to run social and economic experiments on.
Next up is total destruction. Hold cash until the time to buy. The market will still exist but it will be turmoil for years. This is the beginning of the end for all of it. Europe too. The migrants are going home, the wars are over

[Anonymous No.17871620]

>>17871499
You're wrong on both counts.

[Anonymous No.17871641]

>>17871614
Its ww3 time.

[Anonymous No.17871682]

>>17871607
One can only pray. We need to rally together and get this shit done once and for all. This cartel is our slave master, and we're the hard working serfs that are contributing to our very own demise. These fucking kikes have got to go - all of them.

[Anonymous No.17871695]

>>17871072
It's looking more like a flash crash

[Anonymous No.17871711]

>>17871231

I really can't see Trump getting re-elected. Coronavirus wasn't his doing, but the kind of measures that will have to be taken to try and deal with are not going to be popular.

[Anonymous No.17871736]

>>17871641
Your not wrong

Do you remember what the 1st Great Depression contributed to?
>Hundreds of millions homeless, jobless, and starving
>Civil Wars and Social Unrest all over the world
>People seeking an alternative to capitalism caused fascism and communism to become extremely popular
>Hitler rose to power
>WW2 happened
>World was split between communism and capitalism and near nuclear war for decades (plus all the proxy wars all over the world between the two)

Anon, economic crashes of this magnitude are world changing events. Prepare your anus.

[Anonymous No.17871752]

>>17871072
This literally not the great depression, simp.

[Anonymous No.17871769]

You know what?
Maybe the commies are right.
I mean we have gps driven tractors, remote controlled forklifts, gps driven trucks...
What do we need capitalism for?
The whole point of capitalism is making the proles do the tedious jobs.
Now those are done by machines.
Im just saying.

[Anonymous No.17871791]

>>17871240
>Is the gobernment gonna cut neetbux

Yeah I'd imagine so. The economy is basically going to stop entirely for a couple of months. Loads of businesses are going to go bankrupt and lots of people will lose their jobs. There will be no taxes coming in and what money the government does have will probably have to go to propping up failing (but necessary) industries like the airline industry.

[Anonymous No.17871814]

>>17871736
Consider this:
The bailouts started in September. The recession was already coming and it was going to be bad.
The virus is released in November.
They call it a "black swan" event but what if...
What if China discovered the disease, held it until America was bailing out banks... Then released it, along with a theatrical overreaction to the illness?
It seems like too much of a coincidence

[Anonymous No.17871834]

>>17871337
topkeked

[Anonymous No.17871871]

>>17871579
Beans
Peanut butter
'shrooms

>>17871581
>The financial system is in orders of magnitude of a worse position than it was in 2008.
+1

>>17871614
+1

>>17871695
S&P 500 Plunged Most Since 1987, Gave Up in 18 Days the 42% Gains of Past 3 Years. Boeing Shares Collapsed
by Wolf Richter • Mar 16, 2020 • 88 Comments
It’s not the drop that worries me, it’s the historic neck-breaking volatility.
By Wolf Richter for WOLF STREET:
It started out ugly Sunday night and ended uglier today. Sunday evening, stock futures plunged 5%, hit limit down, and trading was halted. Futures remained pinned at limit down without further trading. When stocks started trading in the morning during regular hours, the S&P 500 Index opened at 2,490, down -8.1%. This was below the limit down rule during regular hours where trading should stop for 15 minutes if the index drops 7%. But it had blown through this limit-down from the first moment.

Trading was halted at the point. When trading resumed 15 minutes later, the S&P 500 index instantly fell to 2,412 (-11%) before it started moving higher. But the partial recovery, if you can call it that, only lasted about one-and-a-half hours, before stocks gave up their ghost, and the S&P 500 index broke through the 2,400 level, closing the day at 2,386 after a nasty drop-off at the end of the day. The index ended the day down 12%, the biggest ugliest one-day drop since Black Monday in October 1987:
The S&P 500 index has now plunged 29% in the 18 trading days since the peak in February 19 and is below where it had first been on March 1, 2017 – which was over three years ago. In other words, the S&P 500 unwound three years’ worth of gains in 18 trading days.
Another way of looking at this: Over the three years from March 1, 2017, through the peak on February 19, 2020 (3,386), the S&P 500 had gained a blistering 42%, all of which are now gone.

>>17871736
Fires are necessary to clear out the forest every generation

>>17871752
no

[Anonymous No.17871885]

>>17871791
They aren't cutting neetbux, they're trying to prevent riots and violence, especially when the food runs out. The military might be called in to prevent looting. Everyone is going on unemployment

[Anonymous No.17871932]

>>17871281
Well I'm not sure what my takeaway is supposed to be here. "Holy shit it's dumping faster so it's going to dump 80% this time"?

[Anonymous No.17871960]

>>17871337
okay this is epic

[Anonymous No.17871978]

>>17871814
>what if china releases it to fuck you up for bullying it


Why do amerifucks always forget that part? Oh cuz they live in an artificial bubble of false superiority.

[Anonymous No.17872010]

Why is gold crashing along with the stock market ?

[Anonymous No.17872021]

>>17871606
>hurrhurr 7000 > 60,000

Retard white fuck detected

[Anonymous No.17872052]

We've been swimming in gasoline Corona-chan is just the based girl that lit it.

[Anonymous No.17872081]

>>17871189
buying the dip works until it doesnt

[Anonymous No.17872096]

>>17871126
We've been in an unsustainable bubble since 2009. The market is crashing because it's designed to crash about once every decade, covid is just a convenient scapegoat.

[Anonymous No.17872098]

>>17871517

That's mean anon. I've gotta admit I'm kinda starting to freak out a bit. I'm not too worried about the coronavirus*, but it's effect on the economy and society in general is concerning. The economic fallout from this will last years, decades even, and could make it extremely difficult to find work. Also, people are really starting to enter panic mode now. Shops are doing a decent job of keeping the shelves stocked, but if the supply chains get interrupted too significantly, I'm not sure the general public would be able to handle it. I'm definitely concerned that stuff like bank runs might start happening in the not-too-distant future.


*although I definitely don't want to get sick anytime soon because the NHS is not gonna be in good shape. I'm only mid-twenties, but I have got mild asthma, so idk what sort of risk level I'm at and don't really want to find out.

[Anonymous No.17872133]

>>17871871
>+1
Go back to R E D D I T

[Anonymous No.17872182]

>>17871337
high effort post

[Anonymous No.17872202]

>>17871614
You can thank Reagan for popularizing the trend of exporting American jobs

[Anonymous No.17872208]

>>17871620
So it's not the fact that it's being used as an excuse to shit on the economy hmm

[Anonymous No.17872245]

>>17871072
Fuck should I just cut my losses and sell bros? I'm currently down like 20k from the high. Am I going to lose everything if I try to wait this out?

[Anonymous No.17872248]

>>17872098
>asthma
You may be one of those who'd need a respirator to survive, and when shit hits the fan there won't be enough respirators to cover everyone who needs one. Stay isolated as much as possible, get groceries delivered if you can.

[Anonymous No.17872266]

>>17872245
You can hope to ride it out but you risk losing everything if your stocks never recover.

[Anonymous No.17872268]

>>17871769
What incentive will there for people to do more skilled jobs? Why take the trouble to git gud at something difficult i.e. programming when you don't get more money for doing that?

[Anonymous No.17872273]

>>17871499
Denial benefits no one.

[Anonymous No.17872289]

we're printing to infinity this time bros

[Anonymous No.17872314]

>>17872010

1. Liquidating to cover the losses from the crash. "You sell what you can, not what you want."

2. People want cash in a crisis. If you're prepping for societal collapse then sure, buy physical gold; but you aren't going to be able to buy groceries with bullion. This is also probably why crypto is tanking.

[Anonymous No.17872321]

>>17871126
Jesus christ, you and the OP are dolts.

This is a natural disaster. What we are seeing is an intense reaction to the disaster. It's like watching a 1m candle: it's going to be extreme until the disaster passes. Once it passes, we'll see another volatile action back into developments and investments, because hey, people are going to want to make some money.

Expect drops and bleeds. As soon as you start seeing articles in the news about S Curves, vaccines, treatments, no-infection-zones, and the like (in the USA), that's when it'll be the turnaround.

[Anonymous No.17872334]

>>17872266
What if I'm mainly in Google and Amazon?

[Anonymous No.17872344]

>>17871126
>How is the market crashing this hard? It’s just a fucking flu.
Stop listening to Trump. He’s not even got a good lie for his colossal fuck up this time.

[Anonymous No.17872371]

Anyone have an update to the OP pic?

[Anonymous No.17872384]

>>17871072
I don't care as long as my favorite celebrities and sport stars are still getting paid 100 million per season.

[Anonymous No.17872396]

>>17871499
>terms of deaths and infection.
only because it hasn’t fully spread

[Anonymous No.17872401]

>>17872321
if you dont think that the repo / debt crisis that the fed has been trying to contain since last september has nothing to do with this you're pic related

[Anonymous No.17872408]

>>17871072
meh nah, now we can print an funnel FIAT at the via the internet now, or just UBI everyone for a year

[Anonymous No.17872410]

>>17871189
>>17871296
I'm buying the Dow ETFs. You really think fucking Visa, Disney, etc.will just get up and disappear?

[Anonymous No.17872412]

>>17872248

Maybe. It's very mild, but I read that inhalers contain steroids that can suppress the immune system so that's a concern. I would hope that my age would count in my favour if the worst came to the worst and I needed to go to hospital.

Unfortunately some guy come up and asked me for directions today and said he'd only just got back into the country. Got right in my face too. Really hope he didn't have the virus.

[Anonymous No.17872415]

>>17871189
This anon is talking sense. Listen to him.

[Anonymous No.17872425]

>>17871072
in fact if it takes out the boomer generation, it will solve the penesion problem, and be the biggest positive to productivity every. All old people just gone

[Anonymous No.17872441]

>>17871337
4/10

[Anonymous No.17872470]

>>17872321

Anon, entire countries are shutting down because of this. If/when a cure is found (hopefully very soon), there's still gonna be a big drag on the global economy for years. The bleeding will stop, but the markets won't just immediately spring back.

[Anonymous No.17872490]

>>17871413
Except the economy is NOT exploding. A couple of industries--travel, tourism--are being hit hard. Private hospitals and healthcare systems are going to see a lot of stress, but also maybe growth because of emergency funding and bureaucratic developments. but no element of the world economy is being wiped out. this is ultimately a very controllable virus. it's only a matter of time before spread is contained--the panic is simply because the US of A never anticipated that this could happen to them. the measures we are enacting now--closing schools, public spaces, restricting meetups, closing bars and restaurants--are basic and fundamental measures that any dolt would take to stem a virus with the basic transmissivity of the flu. these aren't incredible, draconian measures. this isn't half-life 2 or the last of us. this is easy, entry-level pandemic shit. it's as close to a federal mandate of of "stay 6 feet away from people" as you can get.

Ultimately the economy is not tainted in any long-term way. You can't NOT do anything you did before--it's just that the PERCEPTION right now is different. You can literally buy almost anything--coronavirus has not disrupted supply chains any more than the Supreme brand running out of their hottest newest t-shirt. People hoarding hand sanitizer does not mean supply chains around the world are crashing. Manufacturing is not crashing. People are working. Ya'll need to wake up.

2 months ago we were screaming, "this WILL end in a crash." Now I am screaming, "this WILL" end in a fantastic rebound, and it will be tied to public perception and mainstream media sentiment about the immediate future.

think about it--no systemic element of international finance is changed. no supply chain is destroyed. no country is wrecked (people still work even under federal mandates and health restrictions).

[Anonymous No.17872494]

>>17872384
>sport stars

Sports are cancelled. /sp/ is my home board, but we basically have nothing to talk about except how everything's cancelled because of coronavirus.

[Anonymous No.17872518]

>>17871341
you post this image in every thread

[Anonymous No.17872533]

Don't worry Hitler-chan will arise from this chaos and will bring order soon.

[Anonymous No.17872550]

>>17872401

[Anonymous No.17872551]

>>17872401
post 1 shred of evidence leading you to suggest that this is a RESULT of that. this is merely an excacerbation of the regular boom-bust cycle. we were at incredible highs, and now this is the perfect stimulus to encourage everyone to dramatically pull out their money.

>>17872470
in the USA, name 1 thing that is economically significant that you can't do right now

[Anonymous No.17872557]

>>17871588
Based and factpilled. We've been in recession for almost 20 years

[The Devil !!y9pM1O7kKh0 No.17872578]

>>17871376
They literally have several bunkers large enough to fit them and thousands of troops to defend them, dont forget enough supplies to live out of their bunkers for decades/indefinitely. The government isn't exactly going away over night.

[Anonymous No.17872582]

>>17871413
Do you even know what it did to our supply chain? Our factory which is china where our entire disposable culture is manufactured has been offline for the past two months and for the foreseeable future WHILST at the same time our consumption level has just skyrocketed due to people going out and panic buying. We could legitimately see empty shelves for the next few months as a new normal

[Anonymous No.17872586]

Listening to all this panic made me glad I started buying today, just as I did in 2009 when people were ready to bet their lives the DOW would eventually hit zero.

[Anonymous No.17872638]

>>17872321
>Expect drops and bleeds. As soon as you start seeing articles in the news about S Curves,
vaccines, treatments, no-infection-zones, and the like (in the USA), that's when it'll be the turnaround.

Nah, it's gonna be more similar to this:
>Italy being able to go into linear increase
>China goes back into business with extreme testing and has no second wave
>Testing becomes cheap and every country has secured large quantities
>Oh did we mention we've also got thousands of ventilators ordered too

[Anonymous No.17872642]

>>17871189
Quick!!!! Buy this amazing company! Its already starting to recover, look at it go up!!! Imagine what that 34% yield will be in 10 years after it really starts to take off!!!!

[Anonymous No.17872712]

>>17872551
>in the USA, name 1 thing that is economically significant that you can't do right now

Fly to basically any other nation. Also, while it's not strictly something you *can't* do, the White House is 'advising' against gatherings with 10+ people (including going to bars, restaurants, theatres etc.). That's just the case for now though; in a week or two I'd expect there to be boots on the ground to enforce that if people don't obey, as is happening in Italy and France.

[The Devil !!y9pM1O7kKh0 No.17872732]

>>17872533
> it's party time!!!

[Anonymous No.17872743]

>>17871126
Because of lack of faith in the current administration. I'm not saying the lack of faith is justified or not, I'm saying that's why we're in freefall.

[cunt No.17872747]

>>17872642
>34% yield
holy shit that's so desperate

[Anonymous No.17872779]

>>17872642
everything going digital, store pricing is a meme dont understand the value prop?

[Anonymous No.17872781]

>>17872642
lmao if the s&p500 tanks longterm then that means effectively all paper money will be useless and we'll be rebuilding society

There is no world that exists where your paper money holds value while s&p500 is done.

If you believe this start for real prepping, with guns, ammo, and self sustaining tech for your home

[cunt No.17872795]

>>17872314
this, been looking for some else to say the same
HODL

[Anonymous No.17872807]

>>17872551
the fact that the fed has been pumping trillions into the fucking repo market since September you dense fuck?
https://www.newyorkfed.org/markets/pomo/operations

[Anonymous No.17872822]

>>17872638
high IQ post, sounds very much like what you'd hear in the media. once you hear this shit, it's signalling a turnaround. but remember, this is a natural disaster, and another whammy could come--i.e., another mutation.

[Anonymous No.17872831]

>>17871105
If you thought having a retail or janitor job living paycheck to paycheck was bad wait until you can't even afford the smokes that keep you sane at breaktime while the money you make barely keeps food in your stomach

You could always just become a farmer. Oh wait, student loan debts have enslaved you and all the land belongs to boomers who refuse to sell at a loss. Maybe corona chan will fix this

[Anonymous No.17872864]

>>17872807
that doesnt answer my question you sperg. how does that prove that coronavirus is a result of frontier financial policy? youre simply memeing after too reading too much /biz/. we are in uncharted financial territory with what the Fed is doing. that doesnt mean we will crash because of it. boom-bust cycles are not predictions of failed institutions, they are models of human behavior. the sooner you get that, the sooner you will see similar behavioral cycles in other markets.

[Anonymous No.17872866]

>>17872133
i swear these reddit fags have conquered this place

[Anonymous No.17872897]

>>17872864
back to a life of crime it is then

[Anonymous No.17872917]

>>17871769

>people that won't leave a roll of toilet paper for others will work for the betterment of society

Get the fuck out of here leftypol

[Anonymous No.17872921]

>>17872831
totally meant to tag you

[Anonymous No.17872923]

>>17872864
Never said it was the product of it you faggot. I am saying the economical damage is not all the wu flu the 2 and 10 year yields crossed in august. The fed had to start injecting into the repo market in September, bank ceos crying about not getting basis cuts in rates then china gets infected with the flu disrupting the supply chain. russia backs out of opec disrupting the value of the dollar and america energy sector. Like how fucking stupid can you possibly be?

[Anonymous No.17872952]

>>17871072
Is Trump fucked this time? I don't want Biden as president, but Trump needs to go if he can't deal with this crisis we're falling into.

[Anonymous No.17872982]

>>17871337
>it can't possibly go lower

Thats the biz mindset. Catching knives open palm

[Anonymous No.17872986]

>>17872578
how do they pay the soldiers or stop a coup d'etat in said bunkers?

[Anonymous No.17873004]

>>17872921
>>17872897
well it'll be a saturated market im sure

[Anonymous No.17873010]

>>17871871
get the fuck out of here retard

[Anonymous No.17873067]

>>17872410
no one can go outside. our entire culture will change and companies will have to adapt to it. you can bet that some of them won't survive.

[Anonymous No.17873069]

>>17871337
noob question but can a stock actually go negative? what the fuck would happen if you sold a negative stock?

[Anonymous No.17873116]

>>17873069
No, you fucking retard.

[Anonymous No.17873126]

>>17871126
> How is the market crashing this hard? It’s just a fucking flu
Will this be the misconception to wreck a thousand fortunes?

[Anonymous No.17873142]

>>17871072
Yeah but they didn't have the internet in 1929. Increased communication and herd awareness makes a difference here I think. Also people know how 1929 panned out, and will be trying to avoid it.

Maybe you're right, but I don't think this will be a clone of 1929.

[Anonymous No.17873148]

>>17871438
It might be the most exciting prospect of this whole mess. That and I hope that it shakes society out of giving any heed to radical whackos from both sides who only crop up during good times.

[Anonymous No.17873151]

>>17872490
>the entirety of Europe shut down and under martial law, no one can leave their house except to buy groceries or medicine.
>hordes of immigrants/ homeless / Melanated kings that won't listen to quarantining measures and will go on a crime spree when they run out of gibs
>lethality of SARS with the ability to inflect like the flu
>basic, entry level shit

sure bro buy the dip

[Anonymous No.17873158]

>>17871126
Because its spreading like fucking crazy and its causing countries to go into lock down.

[Anonymous No.17873174]

It's the end of the U.S. dollar bro. Are you ready for monopoly money?

[Anonymous No.17873186]

>>17872551
work in an office

[Anonymous No.17873191]

>>17873069
Yes a stock can go negative, my uncle's blockbuster stock droped to -400ish when they bankrupted, he ended up owing all that money back. He laughed at the idea of owing a defunct company anything but then some ukranian guys showed up to his house with baseball bats...

[Anonymous No.17873204]

it's going to get very ugly if/when the virus really gets a good grip on the USA...
people were fighting over fucking TP a week ago
imagine in 2 weeks

[Anonymous No.17873215]

>>17872551
>in the USA, name 1 thing that is economically significant that you can't do right now
Nothing. This is a coup d'etat of the most powerful nation on Earth. But it will lead to prosperity in the end, the rules will no longer be the same though anon.

[Anonymous No.17873238]

>>17871695
Now how do we use this as a wake up call to the normies to start demanding change for a long term, sustainable economy?

[Anonymous No.17873245]

if I were in the US rn I'd buy gun and ammo and trust me I'm not gun nuts
fortunately I don't live in the US

[Anonymous No.17873251]

>>17873204

This is why I think that, after hospitals, supermarkets/grocery stores have to be the main focus of any government right now. The shelves NEED to stay stocked to avoid mass panic. Whatever assistance the stores need, they should get.

[Anonymous No.17873261]

>>17873245
No if this really did turn out to not be a coup and just a societal collapse we need to organize. Every man for himself is stupid.

[Anonymous No.17873264]

>>17873116
how do you know a stock could never go negative? we could see it happen within a week the way the market is going

[Anonymous No.17873267]

It will be a fast recovery once the virus is under control with vaccines and established treatments. We had record low unemployment. It will be ugly for 2-3 months of layoffs, then life will resume, money will flow again, investors will get greedy and buy the dip, and market will rise again. Unemployment will take a little while to fall while consumers will still hesitate to travel or go to crowded places.

[Anonymous No.17873282]

>>17872490
You missed the part where the virus is just a catalyst for remembering everyone that this system is still completely fucked and nothing changed since 2008 and the bubble was just waiting for an excuse to pop again

[Anonymous No.17873292]

>>17872384
You do realize that most sports stars never learn about finance and end up broke afterwards, right?

[Anonymous No.17873307]

>>17871072
hope it keeps falling, I'm ready to make some money

[Anonymous No.17873309]

>>17871072
>>17871189
It's only just beginning

[Anonymous No.17873310]

>>17872747
Pretty sure that's a result of a steep dropoff rather than a literal offer of theirs.

[Anonymous No.17873325]

>>17873282
post of the day lol

[Anonymous No.17873333]

>>17872021
>what is difference of time period
>what is underreporting
How did you pass high school you mentally challenged rodent

[Anonymous No.17873338]

>>17873307

If it falls much further, money will be irrelevant. I'm only half-joking btw.

[Anonymous No.17873343]

>>17873267
OR, there's no quick vaccine just like there's no vaccine for SARS. Investors freak out once American cities begin to be quarantined. Faggots like yourself and all the poor SOBs who lapped up what you had to say lose evey because the market was overvalued to begin with.

[Anonymous No.17873345]

>>17873069
>noob question but can a stock actually go negative?

Yes it can, but only in the very specific legal situation where the corporate veil has been pierced. For the consumer/retail investor this will never happen, would only be an issue for people actually running the business in question.

[Anonymous No.17873347]

>>17871072
>Country on the brink of collapse

>our choices are Trump or Biden

hahahahahahahaahah jesus christ what a tragedy this country has become. We really need to string up the elite establishment by their feet and slit their throats in a public square. They have absolutely degraded our country to the point of no return, siphoned every little morsel of wealth and labor from the public. We're absolutely fucked.

[Anonymous No.17873360]

>>17873264
Is this bait? If it isn't, take a step back and really think about what you're asking.

[Anonymous No.17873363]

>>17873264
>how do you know a stock could never go negative?
Think about it step by step, anon. Stocks are pieces of ownership in a company called Equity. It's one method of financing their operations, the other being debt through bonds and loans. Stocks have a positive price because companies are trying to obtain CASH in exchange for partial ownership in the company itself. If the price becomes negative, what do you think that does? It would literally mean that the company is GIVING away those ownership shares to investors, paying THEM cash and giving them ownership at the same time. Does this seem logical or even possible to you?

Think.

[Anonymous No.17873364]

>>17873174
I was born in 1985. I've been using Monopoly money my whole life.

[Anonymous No.17873370]

>>17871072
>>17871126
I’m gonna wait three months and comeback to call you two retarded faggots

[Anonymous No.17873376]

Can’t wait to buy the bottom

[Anonymous No.17873381]

>>17873347
We need Randlet.

[Anonymous No.17873407]

>>17873309
oh
oh no

[Anonymous No.17873429]

>>17871413
people keep saying this, but remember the spanish flu happened at the end of WWI where pretty much all of Yurup's young men were already dead and buried in the forests and fields of France. The market didn't crash when even more people died because it was already as low as it was gonna get. Coronavirus, on the other hand, hit us at a time when the Western world is at (relative) peace and millions of us hadn't died horribly in combat last year. The market had a lot farther to fall.

[Anonymous No.17873450]

>>17871126
Boomers will be gasping for air in their quarantined rooms going "How can this be? It's just the flu" before they suffocate and die.

[Anonymous No.17873518]

>>17873067
>our entire culture will change
For like 6 months you dumb reactionist

[Anonymous No.17873568]

>>17871126
The market is crashing because when the GFC happened in 2008 they just kicked the can down the road and just kept pumping money into the financial system to keep it chugging along instead of actually fixing the underlying problems. It could have been any major economic shock and it would have collapsed in the same way, it's just that this time it came in the form of pandemic. If the financial system was actually healthy before corona came the drops wouldn't have been this severe.

[Anonymous No.17873573]

>>17871072

So these "great depressions" bounce back to normal after like a year? Wow.. old people are pussies.

I've been through bigger depressions in crypto 5 times over... I feel nothing.

[Anonymous No.17873614]

>>17871072
it's literally boomers overreacting because they're the only ones with any remote chance of dying from this. They're infuriated that millennials are going to continue living life as normal because the virus won't really affect our lives in any life-threatening way.

If you're under 40, the only reasons this shit should have any effect on your life whatsoever is
1) you have constant contact with your 60+ year old parents and you love them, or
2) you're a cuck for boomers and you let them run your life.

if I didn't have constant contact with my boomer parents whom I love dearly, I would not give one single fuck about this virus and would forego any social distancing, etc. recommended by the government. Boomers have lived long lives and everything was handed to them on a silver platter. They fucked over all future generations and now there's a virus specifically designed to kill them off. I'm really not too bothered by it.

[Anonymous No.17873657]

>>17871126
Global currency reset coming soon.

[Anonymous No.17873688]

>>17873568
This, it's amazing how many retardsdont even realize how much of a scam QE is. It was all jew money magic from the get go and now its crashing,

[Anonymous No.17873756]

>>17873309
Fucking choice
The fun thing here is how cheap everything is going to be, and given that I pulled out and put everything I had in cash (and I still have steady cash flow), I'll be able to make a pretty penny off of this kerfuffle

[Anonymous No.17873786]

>>17873614
>he doesn’t know there are plenty of young people fighting for their lives in ICU

[Anonymous No.17873816]

>>17873614
So you’re okay with other people’s beloved boomer parents dying but not your own. Doesn’t that seem a little hypocritical? I hope your mom chokes on her own lung fluid

[Anonymous No.17873840]

>>17873786
it's hard for people to relate until it's their own kid dying in the NICU/ICU

it's distant until it isn't

[Anonymous No.17873999]

>>17873786
>>17873840
Italy has one of the highest death rates for coronavirus in the world, and in terms of death total is closest to approaching China levels.
For people under 50, you know how many people have died? 2. Nobody under the age of 30 in Italy has died. The death rate worldwide for children is nonexistent, because no children under the age of 10 have died due to corona virus. It's true that, if you're a young adult, this probably won't kill you.

That being said, getting other people sick and killing people with your recklessness is fucking degenerate behavior.

[Anonymous No.17874039]

do i sell everything and buy the dip in 3 months?

[Anonymous No.17874070]

>>17874039
short you fag

[Anonymous No.17874091]

>>17873518
This will last years you retard.

The economy is tanking faster than during the Great Depression. It will last a decade at least.

[Anonymous No.17874164]

>>17874070
What is shorting?

[Anonymous No.17874246]

>>17874091
Not it won't you fucking brainlet, the U.S. dollar will be abandoned and people will use a new currency. Whether or not it will be crypto is still up for speculation.

[Anonymous No.17874271]

>>17874164
I just googled it. Can I short on Robinhood?

[Anonymous No.17874274]

>>17871451
cope and delusional

[Anonymous No.17874282]

>>17874164
When you bet that a price will go down so that you can profit if it happens, if not you get liquidated.

[Anonymous No.17874295]

>>17874271
You're fucking retarded dude. Don't fucking do anything until you've research things at least for a little while. You won't listen to me anyway but you'll learn when you lose money, hopefully not too much for your sake.

[Anonymous No.17874299]

>>17874246
you.... You think that'll happen and everything will go back to normal? You really think you can just REPLACE THE USD and snap we're back to January.

You're probably a banking genius. Invest in a gun and one bullet.

[Anonymous No.17874320]

>>17872490
Chad speaks truth. Fundamental value is still intact.
Why anyone would want soon to be worthless Fiat is beyond me

[Anonymous No.17874357]

>>17874299
You're fucking retarded. This isn't the fucking 1930's you absolute brainlet. Currency is just an economic facilitator, we will be alright and in fact better off, especially if we replace with a more efficient currency. Our economy is way too complex to go through another decade long depression like before.

[Anonymous No.17874393]

>>17872490
Gotta wait and see what happens this year with geopolitics and China.
A lot of people will be dead soon, with a lot of finger pointing
>in before nothing happens cuz China makes everything and that’s stupid
it’s very Naive to think that way

[Anonymous No.17874398]

>>17873999
Yes, but what are the long term implications of getting infected?
I've read things saying that there are young people in their 20s that 'recovered' with lung damage that will probably be permanent.

[Anonymous No.17874404]

Does an economic crash hurt the central banks or do they profit from it?

[Anonymous No.17874411]

>>17874357
Welcome to the world of CRISPR REVENGE 2.0
>another superbug has entered the game

[Anonymous No.17874420]

>>17873614
I don't actually like boomers/old people generally very much either, but they're a huge part of the economy. The very old are just nursing-home drains, sure, but 50, 60, even 70 year olds put a lot of money into the economy through consuming, tourism, and so on and are also many managers, academics, and other professionals. However much you might hate them, and I understand that, you're kidding yourself if you think a country can just let them die without suffering any impact at all.

[Anonymous No.17874464]

>>17874420
he's saying that because he thinks his parents won't get affected.
he would be singing a different song if it was one of his parents in a hospital bed gasping for air.

[Anonymous No.17874539]

>>17871072
nah, the fall will be much quicker but so will recovery.
just compare the bottoms of 2008 and 1928.

[Anonymous No.17874556]

Its artificially manipulated bud

[Anonymous No.17874572]

>>17871484
War would solve all our problems...

[Anonymous No.17874583]

>>17874539
exactly this. market is on epic panic mode right now and doesn't know how to price in this event, and in 3-5weeks when we see the peak in every fucking country and recovered ones are already increasing each day, market will overreact in the recovery as well.

you are never able to time the bottom and this wont be another thing.

who really cares if u get some cheapies at 45% 50% or 55% discount.

[Anonymous No.17874698]

>>17871072

[Anonymous No.17874829]

>>17874282
>>17874295
Thank you I will do more research. As of now it seems that I have put in been given loan from a man with stocks. I will hold these stocks until they go down then I will sell and return the stocks. Money understood

[Anonymous No.17874888]

>>17872986

[Anonymous No.17874915]

>>17873343
eh this isn't like jew pharma anymore the planet is collapsing
they might come up with something

[Anonymous No.17874925]

>>17874357
you can't say shit like "USD will be replaced, possibly by crypto, and everything will go back to normal in a few months" and call other people brainlets

that is a downy take

[Anonymous No.17874969]

>>17871072
you mean "the great oppression"

[Anonymous No.17875055]

>>17874271
so on Robinhood there are short indexes, such as SDS or SDOW, that sorta work like regular shorts but not really technically, but have also basically been going up as regular indexes go down, which is what i'm pretty sure you want from a short in the first place. obviously DON'T PUT IN ANY MONEY YOU CAN'T AFFORD TO LOSE. do this with the mindset that you're giving away this money and everything will drop to 0 and none of it will be left.

the other thing you can do on robin hood that's leading to some big gains for folk right now is buying put options, BUT these can be highly risky and are basically a "lose everything i own right now" choice for someone like you right now. if you try those at all, do a good chunk of research first and start of with single digit dollar level option prices. by the time you reliably get the hang of these, there's a chance a lot of markets might be turning around or the collapse slows down substantially, so watch out for that.

[Anonymous No.17875067]

>>17871445

Can't die if you never truly lived.

[Anonymous No.17875069]

>>17874698
>>it can't possibly go lower
This is what my father actually thinks.
He thinks he is retiring this year.

[Anonymous No.17875167]

>>17871189
I bought the dip the past two years in crypto and look where it got me today

[Anonymous No.17875233]

>>17871711
>I really can't see Trump getting re-elected.
I can. Corona is Trump's 9/11
only we don't know for sure whether he inside job'd it.

[Anonymous No.17875269]

>>17875167
buy the dip sell the tip

[Anonymous No.17875285]

>me sitting here as a comfy NEET on autismbux while wagies worry about their job

[Anonymous No.17875300]

Defies odd turns out to be a v shaped recovery

[Anonymous No.17875314]

>>17871240

Neetbux come from taxes. No functioning economy, less taxes, no neetbux. Unless you think they'll prioritize you over the military.

[Anonymous No.17875328]

>>17872490
Who will want to buy chinese shit anymore. If anything it will make Americans buy from Americans and Western Europe. Maybe somethings from mexico like tacos. But fuck all other countries. We will rebound like no other >>17872781
What is self sustaining tech for your home ?

[Anonymous No.17875334]

Accumulate REFR

https://youtu.be/p08ChZVGBow

[Anonymous No.17875367]

>>17875328
> We will rebound like no other

No certainty of that whatsoever.
Japan hasn't rebounded for 30 years after their drop.

[Anonymous No.17875450]

>>17871105
This. Boomers already fucked us with 2008 and mass migration. The US, a country with barely replacement birth rates had added 82 million people since 1990 (34%). It's made wages fall, housing prices soar, unions collapse, all to benefit elites and Boomers ROI on real estate. We're also culturally displaced. I went to a fairly diverse school district. 40% White, 25% Hispanic, 25% Black, 10% Asian. Today, less than a generation later it's 94% Black at Latino, almost all Latino. Home ownership had fallen by half. Our living standards and culture get replaced with the third world for richfag gains.

So fuck it. I hope it spreads and spreads.

[Anonymous No.17875482]

>Have lost 25% of my investments in a month
Fuck me this is painful but there is no point in selling now, it is time to channel the /biz/ spirit.

MY WILL IS IRON, MY HANDS STEEL, THIS GRIP WILL NOT WEAKEN.

[Anonymous No.17875557]

>>17871711
You can't lose the election if there is no election

[Anonymous No.17875562]

>>17871072
LET THE BODIES HIT THE FLOOR
>LET THE BODIES HIT THE FLOOR
LET THE BODIES HIT THE FLOOR
>LET THE BODIES HIT THE FLOOR
LET THE BODIES HIT THE FLOOR
>LET THE BODIES HIT THE FLOOR
LET THE BODIES HIT THE FLOOR
>LET THE BODIES HIT THE FLOOR
LET THE BODIES HIT THE FLOOR
>LET THE BODIES HIT THE FLOOR

[Anonymous No.17875672]

>>17872021
Holy fuck you're a retard

[Anonymous No.17875684]

>>17874698
Kek

[Anonymous No.17875697]

>>17875482
That mindset totally depends on what you're holding.

If you're young, don't need the money soon, and it's in ETFs or corporate bond funds, you're right. Given a long enough timeframe your shares will recover, particularly if it's run by a too big to fail institution.

If you own stock or actual corporate bonds you might want to sell. There is a risk that some of these bigger, highly leveraged companies are going into bankruptcy.

There was a fucking MASSIVE corporate debt time bomb ticking under this tax cut and Fed stimulus pumped economy and it is going to burst. If you own high yield ATT bonds or something more toxic like collateralized loan obligation funds (that's where they chopped up to junk bond status cov-lite loans and restamped the tranches AAA) you're going to lose all your value.

Same can happen with single stocks. Look at banks pre-2008. Most never have come close to getting back to peak stock price.

[Anonymous No.17875727]

>>17871126
>How is the market crashing this hard? It’s just a fucking flu
The flu has real life impacts. People are going out more. Some small businesses are suffering. Some employees are getting fired because of costumer declines. Look at air travels and cruise lines. Oil crashed, means there will be job losses in that sector too. We're in a recession already. 11 years of no recession, it was fun but be fucking prepared. Have enough for 3-6 months just in case you guys get fired. It's going to be scary times.

[Anonymous No.17875771]

>>17873343
doesn't matter do much about a vaccine, treatments are already coming quick, anti virals etc. here in the motherland (Germany) they're saying within a month or two or quicker they'll be effective treatments

[Anonymous No.17875869]

>>17871072
are we dead yet?

[Anonymous No.17875939]

Power of Donald Trump creates v shaped recover to new ATH for US markets within 3 months.

[Anonymous No.17875965]

>not buying at the bottom
Trumps re-election will ensure that this happens

[Anonymous No.17876154]

>>17875697
Most of my money is in funds so I don't worry that any of those will disappear, I only own one stock which I have a sizeable amount in.
I don't think it will go bankrupt and it was really simmering before this crash so I'm going to hold it and hope it survives the depression because if it does it should explode.
It just sucks that I put in quite a lot of money in funds a month or so before the crash so I'm not as liquid as I could have been to take advantage of the situation.

I'll try to put in some money every month but I want to be comfortably liquid as well.

[kjgbac+4p2589x0h69nk@sharklase(...) No.17876189]

>>17871588
>The great depression 2 was in the late 60s to mid 70s by many standards, though historically they weren't allowed to label it as such.
Source me on a justification for that statement.

[Anonymous No.17876207]

>>17875965
We are not at the bottom, not even close.

[Anonymous No.17876208]

>>17876189
well that guy in the network movie did look pretty pissed

[Anonymous No.17876232]

ah fuck here we go again

[Anonymous No.17876409]

>>17875285
>he unironically thinks his neetbux will keep going during a fucking economic collapse

[Anonymous No.17876456]

>>17875285
m8 everyone is fucking fucked

[Anonymous No.17876606]

>>17871072
Updated chart

[Anonymous No.17876892]

>>17872986
With not getting shot and raped by the invading soldiers

[Anonymous No.17876913]

>>17871559
Also the nature of this crash makes it so it would happen quickly , a virus that’s going to shut down the world in a few weeks wouldn’t take 6+ months to tank the stock market , it’ll happen quick and recover quicker than it did in the past. The death of all these old people will cause cheaper housing and less strain on the system. This is like a natural forest fire

[Anonymous No.17876930]

>>17871072
it's not
JOIN THE OFFICIAL /biz/ DISCORD discord gg xFuuSTZ

Join and turn the chat pink with us bros

[Anonymous No.17876940]

>>17876913
>The death of all these old people will cause cheaper housing and less strain on the system
Lmfao no. They will just increase immigration by 20%. If you think they will let’s housing prices fall you’re delusional.

[Anonymous No.17876962]

>>17875450
based

[Anonymous No.17876983]

>>17871072
The stock market is like a bag of Doritos. It looks packed but once you open it up and let the air out of it you realize you got jewed, as there is less substance in there than what seemed on the outside. That's what is happening now. This is just taking a needle to the Doritos bag and letting all the air out. What remains after will be the correct form.

[Anonymous No.17877003]

>>17876940
>They will just increase immigration by 20%.
Yeah anon everyone's so pro immigration now closing borders is really pro immigration you fucking moron

[Anonymous No.17877017]

testingh

[Anonymous No.17877028]

>>17876606
so we're going to drop another 20% in total

[Anonymous No.17877035]

>>17871126
>It’s just a fucking flu

[Anonymous No.17877148]

>>17877003
The majority of people have wanted less immigration for decades now.
You don’t get what you want.

[Anonymous No.17877160]

>>17871180
redpill me on SPCE

[Anonymous No.17877163]

>>17871072
>Oh. My. God....
Becky!
Look at her back.

[Anonymous No.17877178]

>>17877160
it's the final FRNTR

[Anonymous No.17877219]

haha money printer go brrrr

[Anonymous No.17877227]

>>17875450
but btc. just because the US is collapsing doesn't mean everywhere else will. btc is not pegged to the USD but rather a basket of fiat currencies. if the US goes into hyper inflation then you can cash out your btc in another country with a functioning economy.

[Anonymous No.17877298]

>>17871337

high effort 12/10

[Anonymous No.17877371]

>>17872582

my brother sells chink ebikes. he is already getting new shipments

china sperged over nothing

[Anonymous No.17877431]

>>17871769
>glorious revolution is done, we are now communist!
>everyone gets equal share
>I work 10 hour days for glorious country, my needs are taken care of. Feels good to contibute to society
>My neighbour Todd does not work, he stays at home eating chicken nuggets whIle masturbating to cartoon children
>government gives him the same share I get...

Now there are two ways this situation can lead, either you stop working because you'll get your gibs anyway or something has to be done about Todd... In the end the only people working do so because they live in constant fear of the consequences and suddenly the entire population are slav[e]s.

[Anonymous No.17877447]

>>17874420
If you look at everything from an aggregate macro view it will hurt the economy. But as an individual a boomer extinction would mean promotions at work, affordable housing and a solution to the pension crisis.

I don't want all boomers to die, but it would be an ironic and fitting end to their short sited greed.

[Anonymous No.17877448]

>>17875285

>finally got a job after long period of neetdom
>work one week
>its worse than the memes
>the wagies are forced to have rainbow flags on their desks
>based coronachan comes
>they send me home with a laptop
>now globohomo is paying me to neet

[Anonymous No.17877511]

>>17874393
The CCP is already triying to blame the virus on someone else. The world put up with their bullshit before to save a few bucks, why wouldn't they now?

[Anonymous No.17877520]

>>17874572
War is the father of man.

[Anonymous No.17877592]

>>17871219
Now instead the Gov is out on a 7x GDP multiplier vs deficit and we have a record amount of zombie companies with debt greater than earnings

[Anonymous No.17877816]

>>17871072
Bros I don't want to starve to death

[Anonymous No.17877965]

>>17871451
4chan cant affect markets on such a scale, its the fearmongering from the mass media

[Anonymous No.17878009]

>>17873151
>lethality of SARS

[Anonymous No.17878224]

You should have listened.

[Anonymous No.17878259]

>>17871189
BRO JUST BUY THE DIP IN THIS

[Anonymous No.17878398]

this isn't going to last long. i just need it to last a few more days so i can get in.

FB is going to be go through the roof once it becomes mainstream that everybody overreacted like crazy

[Anonymous No.17878474]

>>17878398
What to buy?

[Anonymous No.17878542]

>>17874698
>BULLISH

[Anonymous No.17878543]

>>17871126
Because Marx was right and all value comes from labour. Surprise, surprise - when people can't labour, the market collapses.

[Anonymous No.17878573]

>>17871072
fuck fuck FUCK FUCK FUCK

[Anonymous No.17878617]

>>17871341
>even though nothing was actually backing it
wrong niggy! There was one thing propping up that bloated corpse of an economy and it was consumer spending. That's why it's tanking so hard. Everyone is afraid to go out and spend ducats.Wait till the US is in full quarantine and Corona-Chan starts putting boomers in the fucking dirt in large numbers. That's when it's really gonna dump out hard.

[Anonymous No.17878619]

>>17878474
it's an election year and the real advertising spending has not started yet. social media advertising is going to be fucking insane this year. FB is still the only one in position to capitalize on it

[Anonymous No.17879256]

>>17877592
People trading from smartphones is too small of a volume to have that impact. Automated trading algorithms are likely to blame

[Anonymous No.17879325]

>>17871072
>steepest crash in history
>lockdowns lasting weeks are only just beginning

What in the fuck.

[Anonymous No.17879793]

>>17877448
Lol is that your real earnings statement?

[Anonymous No.17879922]

>>17871072
Pretty sure the 2008 crisis was worse than the -20% thing that is portrayed there

[Anonymous No.17880105]

>>17871072
The fucking jews have manufactured this with their media. Coronavirus is a fucking nothingburger.

[Anonymous No.17880200]

>>17871126
my dog's food taste great desu

[Anonymous No.17880254]

>>17872732
how're your linkies doing?

[Anonymous No.17880547]

>>17871189
imagine getting out of this wuhan style... when the headlines come out we will witness something grandiose

[Anonymous No.17880649]

>>17875482
you havnt lost anything if you dont sell.

plenty of people had that attitude back in 2008 and they came out the better for the last 12 years.

[Anonymous No.17880735]

>>17871413
>death toll 5k
7,500k now

[Anonymous No.17880868]

>>17871413
Compare European and American markets. American got the biggest pump in history during Ist world war and Spanish Flu, and europe stopped mattering because of that.

It was quite fucking big and changed the world you fucking brainlet.

[Anonymous No.17880938]

>>17871072
No no no I refuse to believe!!! BRRRRRRRRRRRRRRRRRRRR

[Anonymous No.17880951]

>>17876913
This is how i see it. Also the measures people will have to take during quarantine are going to have ripple effects throughout the economy. The death of boomer upper management and replacement by Millenial and Gen Xers will mean a lot of the stupid shit in the commercial sector that we were doing just out of habit will go away.
Office spaces will close down and companies will go fully remote. Retail stores will close for good as people realize they can more easily just order online and get it delivered to their home, often same day.
That real estate will be converted to housing. People will start homeschooling more using online learning tools. Kids will spend less time getting cultural programming about black history month and more time learning C++.
Companies will change their sick leave policies for PR reasons and won't be able to change them back. Governments will start finding ways to give direct aid to families with kids and start seriously focusing on childcare.
Companies will start vertically integrating supply chains to make themselves more robust to disruptions in international trade. Manufacturing booms will happen in developed countries.
The next 3-12 months will be a downturn definitely but afterwards I think we'll be set up for a much more modern economy.

[Anonymous No.17880982]

>>17878543
>Muh Marx
Cringe we need National Socialism

[Anonymous No.17881004]

>>17871072
Start getting fat while you can if your a poor fag. The fatter you are the less you gotta spend on food later

[Anonymous No.17881118]

>>17872582
People are panic buying food which we make domestically not plastic lawn furniture

[Anonymous No.17881142]

>>17878543
nigger

[Anonymous No.17881154]

>>17875450
Based, this world will reap what is has sewn

[Anonymous No.17881185]

>>17876606
WEEEEEEEEEEEEEEEEEEEEEEEEEEe

[Anonymous No.17881266]

>>17871189
sorry, complete layman here.

doesn’t it make MORE sense—considering the technological advances—to buy crypto currency, as the concept of fiat currency becomes increasingly irrelevant?

[Anonymous No.17882694]

>>17881154
I’m scared