So, /biz/, let's talk

[Anonymous No.17957702]

so serious talk, is this just a dead cat bounce or is it still going to bottom?

the argument for bear market is:

it doesn't seem like a vaccine is going to be found anytime soon (june at the earliest.)

Quantitative easing through paying money out to americans is being blocked by democrats.

Italy has experienced a pandemic despite a universal healthcare system, whilst the united states system is not prepared to deal with this pandemic.

quantitative easing can only be done so much before it over-inflates USD.

government measures like quantitative easing can do so much as a bandaid for the economy when actual entire industries are shutting down and grinding to a halt.

However:

Qe will increase the value of the economy.

Many major investors (like Warran Buffet) are sending signals to start buying in now, many people tend to follow what these big movers are doing and it affects the behaviour of the market.

So where are you putting your money, Bear or Bull? I this just a short term rise before the fall or ares the government actions taken going to plaster over the economy until this pandemic subsides and the market starts making a recovery?

[Anonymous No.17957710]

>>17957702
Its' going to crash again when next week when they announce 2 million+ unemployed. No, it's not "priced in".

[Anonymous No.17957739]

>>17957702
I sure ain't shorting, that's way too risky as I doubt I can call the bottom.

But, I bought a fat lot when ETH dumped to around $100 and I am having money ready to buy more as I believe we'll be dumping more

[Anonymous No.17957753]

>>17957702
there's a repo crisis that started last year, pension funds are insolvent, the government is bailing out every industry, dozens of CEOs quit their jobs in anticipation, senators sold millions in February, the unemployment websites are crashing do to load, mass layoffs haven't started, supply chain hit hasn't fully manifested yet (companies will run out of reserve stock soon), quarterly earnings are next month, hmm what else? yes there is a global pandemic. Oh right, there's a housing bubble, student loan bubble, sub-prime auto loans. What else? OH YEAH. All growth in the market since 2009 has been fucking stock buybacks! OH RIGHT any the fucking pandemic hasn't even slammed the hospitals yet. Do you realize by this time next month the average hospital will be swamped with elderly people who are literally suffocating to death? Picture it, and the media coverage.
We haven't even priced-in all the people who will be drawing out their 401ks to pay for mortgages, rent, and food. OH yeah, and the food shortages. OH YEAH and the national GUARD is being DEPLOYED because of the very real possibility of riots in the major cities. OH YEAH and there's going to be an Occupy Wall Street 2.0 coming that will be militantly violent with a fully built-up army of anti-Drumpf cattle manipulated by strongest anarcho-communist blac block America has even seen (as a reaction to the Alt Right).
Yeah mate this is the bottom for sure... for sure... for sure.

[Anonymous No.17957762]

>>17957702
This is so tiresome, a fucking global pandemic has shut down and put in lockdown whole countries but this stupid market is still pumping.
Everybody predicted this shit was gonna dump so hard, everybody said "this is just the beginning". They can't be wrong, people are still dying like flies, and infection rate goes up.
How can this shit start recovering NOW?!

[Anonymous No.17957763]

fomo is hurting my hands, but I wont buy in. Pandemic effects will hit in a few weeks. Then the real FEAR begins

[Anonymous No.17957794]

You think as soon as they find a cure everything will be back to normal? god no, people have already lost jobs, less income to spend on literally everything, still gonna feel the affects many months after this shit has ended

[Anonymous No.17957796]

>>17957702
Buffet doesn't time the bottom. It's ~~~ for him.

[Anonymous No.17957806]

>>17957702
puts on almost everthing in the near term and call options on Kirkland Lake Gold. Tons of value in equities but until this settles down they are only going to get cheaper so just wait to go long.

[Anonymous No.17957828]

>>17957762
Simple

[Anonymous No.17957844]

>>17957739
it's not that risky when it's virtually certain that equities will continue to lose value. Especially when central bank actions have had almost no impact on the crash. nothing short of a cure or vaccine will rapidly turn this around in the short term. There is plenty more bad news to come which will drive prices further down.

[Anonymous No.17957884]

Imagine how many americucks are going to liquidate stock and crypto in the next few weeks because they've lost their income.

[Anonymous No.17957925]

>>17957884
>>17957844
Just a deadcat bounce, there are no fresh money getting into the markets. Whales playing, I really hope it goes down further. Not because FOMO, but because this shit isn't sustainable.

[Anonymous No.17957933]

>>17957884
very few mutts are retail investors beyond maybe a bit of dabbling. everyone's shit is held in 401k funds, which most people don't even touch or think about. the main problem is that the economy needs individuals to consoom, which they can't do as more states enter lockdowns and jobs are lost. that's what's going to make everything completely tank. Q2 is gonna be ugly.

[Anonymous No.17957948]

Doomers are S E E T H I N G lol

[Anonymous No.17957982]

>>17957884
Imagine being a eurocuck and knowing this added at least another 20 years of stagnation before you ever see growth in your economy again. They still haven't recovered from 2008

[Anonymous No.17958038]

You guys are overthinking this.
I was a contributor to the current run we're on. I bought in for one simple reason: Trump is about to send out TrumpBux to nearly every household in the country. Unlike some shit like a bank bailout or whatever, it's not Wall Street getting the cash, it's the common man. So a big chunk of that money is going to flow directly into Bitcoin.
Why will people buy bitcoin? They want to hedge their bets. All this turmoil is making regular folks realize that the system is fragile, and we could end up like those dusty fucks from the history books who are burning stacks of worthless cash in their stoves to cook with. So why not invest a little in the self-proclaimed "money of the future?" Might just save your ass in the looming apocalypse scenario, or at the very least turn you a little bit of profit.

[Anonymous No.17958045]

I bough BTC on 13th Mar.

It's too late to buy. Another dump is coming.

[Anonymous No.17958056]

>>17957762
nothing is recovering man, the fed is the only one fighting the crash no one is buying or selling anything

[Anonymous No.17958097]

>>17958038
You are dumb to think people will spend these money on anything else other than groceries.

[Anonymous No.17958120]

>>17957762
it's a dead cat bounce

[Anonymous No.17958131]

>>17958038
do you think an individual who's spending behavior would be impacted by 1k is going to take that money and invest in bitcoin? are you fucking retarded? They're going to spend it on twinkies and cigarettes

[Anonymous No.17958138]

>>17958038
the trump bux are just a loan on tax returns you will be paying back

[Anonymous No.17958144]

>>17957702
Hodl

[Anonymous No.17958160]

>>17958097
>>17958131
I guess we'll see.

[Anonymous No.17958190]

>>17958056
>>17958120
It's just the BRRRR that is making this shit pull a bull trap?

[Anonymous No.17958208]

>>17958160
https://www.clovr.com/emotional-currency/

I am long BTC but it is obvious that 1k to the average american will have virtually no impact

[Anonymous No.17958223]

holy shit /biz/lets here are is so bearish, we gonna pump like never before. btw, china is rebooting its economy as we speak, you all missed the chance of your lifetime.

[Anonymous No.17958240]

>>17958223
the bearish sentiment is the only reason I'm buying right now

[Anonymous No.17958241]

You're all viewing this from very American point of view.
You're down like 20% or what?
Look at European stocks. Europe is already in lockdown. Stocks are down 30-60%.
American companies were overvalued compared to European ones in the beginning too.

[Anonymous No.17958253]

>>17958223
china rebooting doesn't matter when there is no demand. certainly the time to buy undervalued equities is coming soon but that time isn't now. Q1 results aren't out yet and Q2 is going to be far worse.

[Anonymous No.17958276]

>>17958240
Yep.

[Anonymous No.17958287]

>>17958253
didn't china freeze their economy to avoid the drop?

[Anonymous No.17958289]

>>17958240
>bearish
This is srly your first rodeo right?

[Anonymous No.17958292]

if we close above 6.9k-7k on 12hour/ daily basis this would not be a deadcat bounce and we would have a high chance of reversing

[Anonymous No.17958301]

>>17958208
I think that article supports my argument. Americans are more uncertain about the US Dollar, and the economy in general, than ever before in our lifetimes. The main reason people don't buy bitcoin, according to that article, is that it seems risky. Well guess what, trusting entirely in our current economy is starting to feel a little risky too. Jumping out of a 3rd floor window seems pretty damn risky, until the room is filled with smoke. I'm not saying that EVERYONE is going to dump all their supplemental money into crypto. But people who are already in the crypto space might be buying some if the prices are low, and people who have flirted with the idea of buying bitcoin may see this as a last-shot opportunity.

[Anonymous No.17958355]

>>17958253
This. Q2 earnings are going to start rolling in and it’s going to be a bloodbath. I don’t understand how most people think this is just another even which will blow over in a week. People have been spoiled by the bull market. The biggest dead cat bounce signal is that there are so many fomo posts on /biz and Reddit.

[Anonymous No.17958397]

>>17958355
Euro here. I remember this calm before the storm a month ago, everybody carrying on like nothing is wrong. You guys have no idea what's coming. If you don't have hard cash right and food stores you don't have anything

[Anonymous No.17958400]

>>17958355
next wednesday, unemployment numbers from the USA will get released


red day is all i will say

[Anonymous No.17958408]

>>17958301
The article demonstrates that people buy bitcoin in hopes of future returns and increased value, not as a currency replacement. If anything increases the value of bitcoin from this it'll be central bank activity, not lower class adoption.

[Anonymous No.17958428]

>>17957702
There are more 1st world country lockdowns coming.

We are nowhere near the bottom. Prepare for the worst.

[Anonymous No.17958436]

>>17958397
You're far more fucked in Europe than we are in the states. I would hold dollars rather than euros and certainly not european equities.. If we see a recession here, you will likely experience a depression.

[Anonymous No.17958463]

>>17957702

I'm shorting.

This virus doubles every 4 days. It's yet to shut down airports, and many Americans haven't been impacted by it yet.

Nasdaq was at $178 multiple times last summer. Do you really think we've hit bottom?

Disney's P/E is 16 when they're shutting down parks for months.

It's not in free fall because of circuit breakers and FOMO so boomers are buying the dip. When the market has never gone down in a decade the dumb money buys any dip in prices.

In a bull market you'll never want to sell (FOMO of gains). In a bear market you'll always want to buy. The hardest thing to do is wait.

[Anonymous No.17958498]

>>17958190
Pattern has been
>Virus grows exponentially
>market hits new low
>Boomers announce marginal improvement (interest rates, UBI, ect)
>after 2-3 days of slight bull rallies virus doubles again
>market hits new low

[Anonymous No.17958522]

>>17958498
Exactly. Unless this we've seen the worst of the virus and that all the impacts are realized, the market will continue to decline.

[Anonymous No.17958528]

>>17958436
Definitely, People are working from home, and some jobs have to work in the field. But this is probably gonna go on for months. I really don't know how people think the economy and market are recovering. Tourism is practically dead. All these people need to get paid by their employers who in turn get help financially by the government but the government isn't able to keep on doing this for months. The Dutch government is paying for 90% of the wages of employees. Shit is gonna go down so hard next month(s). The reason there is a big pump happening right now is FOMO. No way this isn't gonna go down to 2k and lower in a month.

[Anonymous No.17958534]

>>17958436
lmao you'll be much harder hit americant, people were out on the streets (st patricks) just three days ago


plus your healthcare system.....

[Anonymous No.17958538]

>>17958436
you say that but america started acting to late, test kits that didn't and doing starting travel bans and lock downs after the virus has gotten a foot hold.

Isolation, lockdowns, quarantining and testing is what will smooth the curve, personally I don't think America's medical institutions and average americans financially are equipped to do that

[Anonymous No.17958546]

>>17958534
This, healthcare is going to be a big issue.

[Anonymous No.17958550]

>>17957702
https://m.youtube.com/watch?v=jfx7PnMtCeY

[Anonymous No.17958562]

>>17957762
FED is pumping my shitbags

[Anonymous No.17958595]

>>17958534
There is a theoretical limit on the impact of the virus(i.e. deaths). Economies in Europe for the most part never recovered from 2008. The US may not have better medical outcomes but that is almost irrelevant. European economies and ECB was not nearly healthy enough or prepared for such an event. The US economy can handle the downturn and recover much more quickly. Europe was barely experiencing any economic growth over the past 10 years while the US had an incredible bull market and relatively massive economic growth. Europe is so fucked and I feel bad for them.

[Anonymous No.17958608]

>>17958538
Financially equipped for what? America has experienced 10 years of economic growth and a healthy economy. Europe has been stagnant and never recovered from 2008. Everyone is going to suffer but economically the US is far better positioned to take this hit than Europe is.

[Anonymous No.17958625]

when do i get my trumpbux

[Anonymous No.17958635]

>>17958595
>incredible bull market and economic growth.
Majority of that were companies buying shares instead of actually spending on growth

[Anonymous No.17958673]

>>17958635
Stock buy backs are a form of dividend. They don't create some sort of artificial growth. It's a method of allocating or spending profit. Profit and wealth creation grows the economy. European companies haven't been growing. It's a fundamental difference. They don't have profit to spend.

[Anonymous No.17958683]

>>17958608
america as a country yes, but your average american isn't financially secure enough to weather this out for two months without working. Or the medical bills if they contract the virus. Let alone going out and spending/stimulating the economy.

[Anonymous No.17958690]

>>17958595
your growth was fake

[Anonymous No.17958706]

>>17958436
You have no idea. People have no jobs right now. Nothing is getting done. Your dollar means nothing.

[Anonymous No.17958710]

>>17958683
>without working
People aren't losing their jobs en masse.
>medical bills
We have insurance.

[Anonymous No.17958712]

>>17958683
Average americans will suffer, yes. I'm not disputing that. Average europeans will suffer more. Especially in the long term. Unemployment was already far worse in europe. How are you going to fund all the european government bux programs when mass amounts of your citizens don't pay taxes. Look at what happened in Greece.

[Anonymous No.17958720]

>>17958706
Coupled with the obesity rate in the USA and third world healthcare provisions you guys really have your heads burried in the sand.

[Anonymous No.17958726]

>>17958673
Implying stock buybacks off of cheap borrowed money is growth. Bury your head deeper in the sand maybe that will make things better.

[Anonymous No.17958730]

>>17958712
>Average European
Southern Europeans

[Anonymous No.17958733]

>>17958690
Why was it fake? And if it was then why didn't Europe fake it too? There is nothing at all suggesting it was fake. Just because you say it's fake doesn't mean it's true

[Anonymous No.17958734]

/biz/ shouldn't be panicking. This is the best time to buy.

[Anonymous No.17958740]

>>17958720
>this desperate europoor cope
You're all obese too and we have literally the best healthcare providers in the world. You're gonna get rekt and not even see it coming.

[Anonymous No.17958744]

>>17958436
Depends. France did a lock-down early and the numbers are rising much more slowly now.

Germany just announced a safety net for companies, free-lancers, and banks of up to 500bn EUR. 180bn are direct transfers and they said this could go up to 700bn transfers.

Germany has low public debt, so that is very much sustainable (jump from ~50% debt/GNI to 80%).

[Anonymous No.17958764]

>>17957753
This

..it's perfect, I always forget at least one or two of these points when I'm shit posting but you hit all of them I think...

OH YEAH... And Deutsche Bank is going to declare bankruptcy any day now

[Anonymous No.17958766]

>>17958726
You've had lower interest rates in europe and cheaper capital so why haven't you been able to grow enough or afford stock buy backs?

[Anonymous No.17958781]

>>17958740
Lol, have you ever been to Europe no one here is obese. Some people overweight but not obese. You have great healthcare providers but it's waaaay to expensive. Only rich people will profit from this. We can pay for our healthcare americans not. Americans are gonna get rekt and not even see it coming.

[Anonymous No.17958790]

>>17958710
t. zoomer who hasn't experienced deductibles on hospital visits yet.

[Anonymous No.17958794]

>>17958744
If you don't see how Europe is the first to fail then you're not paying attention... $700B easing, what exactly does that do to hedge against the $200 trillion derivatives bomb held by EU banks?

[Anonymous No.17958800]

>>17958710
do poor americans have insurance that would cover covid-19? what percentages of americans have medical insurance and would go to the hospital or self isolate rather than continue going to work to pay rent? (Honestly asking as i'm not an American.)

Personally I don't think medical insurance is a substitute for universal healthcare.

>>17958712
Not arguing about how hard europe is going to be hit, you might have the wrong post.

[Anonymous No.17958805]

>>17958744
It's more so that you were already looking at a recession before any of this started and your bond markets are completely fucked. US public debt and QE doesn't really matter as much for the US when most dollars are held outside the country. If Europe wasn't able to grow before this then how are they going to limit this downturn and eventually grow?

[Anonymous No.17958817]

>>17958781
>no one here is obese.
You're a fucking idiot.

[Anonymous No.17958830]

>>17957762
man I knew it was gonna pump to squeeze 3/20 shorts but I couldn't sell my puts last night cause of stinkin Robinhood but I guess I'm hodl gang anyways..

[Anonymous No.17958840]

>>17958781
>>17958817
I love how the argument for relative EU economic health has been reduced to "at least we're not as fat as you"

[Anonymous No.17958853]

>>17958790
I'm probably older than you.

[Anonymous No.17958859]

>>17958830
There will be a sell off before market close if you still want to sell today. I wouldn't trust Robinhood with quick sell orders though

[Anonymous No.17958874]

>>17958301

I agree. I think BitCoin is seen as a reasonably safe asset by a lot of people now.

Current big money knows it exists and has been buying in slowly for ages. We could see BTC emerge as the new benchmark if hyperinflation kicks in. Fuck knows whats going to happen to the oil price when the West cant consume all the Easts'

Millenials love it. I think theres.a.reasonable percentage of them looking to it as a way to become the new world power brokers as economies change and capitalism slowly disintegrates.

BTC is also an asset that the state cannot easily claw back.

[Anonymous No.17958889]

GUESS, IT WILL HAPPEN AGAIN? or not this time...

MIAU MIAU MIAU

[Anonymous No.17958916]

>>17958764
This would make me Bullish for Bitcoin though.

[Anonymous No.17958930]

>>17958800
>insurance that would cover covid-19
Yes? Insurance isn't categorized by illness.
>would go to the hospital or self isolate rather than continue going to work to pay rent?
If they're actually notably ill, they'll go to the doctor. Otherwise, they'll go to work.
>Personally I don't think medical insurance is a substitute for universal healthcare.
That's a pretty retarded thing to say considering health insurance has been a thing for a very long time. Additionally, you would say that, considering how much propaganda you've been subjected to demonizing America. They gotta keep you guys paying that obscene tax rate.

[Anonymous No.17959004]

>>17958710
>People aren't losing their jobs en masse

Yes they are? What the fuck. And it's only just started. Put your endless bullishness away and open your eyes

[Anonymous No.17959020]

>>17958930
>Americans
haven't seen any Antimerican propaganda, it's mostly the arrogant attitudes of some americans who think their country is the greatest in the world and muh constitution

>obscene tax rate
what obscene tax rate, the medicare levy?

[Anonymous No.17959028]

>>17959004
Yeah, no they aren't.

[Anonymous No.17959038]

>>17959028
lmao, im from holland, and 4 friends lost their jobs in this last week alone, im a teacher, u americans have no idea whats coming.

[Anonymous No.17959044]

In Brazil and third world countries this has yet to start.

[Anonymous No.17959045]

>>17959028
Mate, they really are.. are you not paying attention? We havent even started yet.

You.should.be bullish for BTC. People are gonna jump all over it

[Anonymous No.17959047]

>>17959020
>haven't seen any Antimerican propaganda
>what obscene tax rate
Fucking kek. Imagine being this dull and unaware.

[Anonymous No.17959071]

>>17959038
Hey, I know you europoors are stupid but holland isn't America. Pretty crazy I know. As far as anecdotes go, I'm posting from work right now and none of my family, friends or anyone I've heard of has lost their job.

[Anonymous No.17959094]

>>17959071
They're so used to mass unemployment that they think it is the norm

[Anonymous No.17959168]

>>17959071
talk to me again in 4 weeks lad

[Anonymous No.17959195]

>>17959047
>most kids cartoons depict America in a Nationalistic and blindly favourable light

Please tell me what Anti american propogadna I have been unknowingly exposed to, I'm waiting, Anon.
>Obscene tax rate
Are you talking about the medicre levy, because that's the only thing I can think of with reguards to taxing for healthcare in Australia.

[Anonymous No.17959204]

>>17959168
>i-it's gonna happen I swears!!
Ok retard.

[Anonymous No.17959209]

>>17959094
What is uncomprensible to me is how retarded americucks are to not see what's coming FOR THEM.

In their immagination they think they can survive an economic and healtcare collapse because muh we're USA.

Kid let me tell you something. I don't think your country and economy is gonna do well when 15'000'000 people die because they can't even go to the doctor for a real "just a flu", imagine getting tested for coronavirus after the president refused using the kits offered by WHO.
Your shithole country and your american dream are gonna rot in a dumpster as soon as your stupid land enter a real crisis and panic state.

[Anonymous No.17959240]

>>17959204
lmao

even this dude is panicking

https://twitter.com/adam_tooze/status/1240771475604414465

[Anonymous No.17959258]

>>17958766
Because the EU does not allow selfish CEOs to fuck the people. There literally has been 0 economic growth in the whole world. Just because the US allows companies to fuck the average joe in the ass doesn’t mean there is economic growth. True growth would also mean a steady rise in wages and stable/rising consumer purchasing power. Instead of that you have diminishing purchasing power, coupled with cheap credit and stagnant wages. If you don’t think those things are what a stagnant economy is about, then you are an absolute retard.

[Anonymous No.17959272]

>>17959209
Obviously it likely America will experience economic contraction for a few quarters. The difference is that we will recover. America recovered from 2008. Europe never did. The EU was facing a recession before the corona virus even happened. It's not blind exceptionalism. We are demonstrably more prepared and capable of handing economic downturn and reduction in global trade.

[Anonymous No.17959273]

>>17959240
>The US consumer is still #1 driver of world econ
imagine believing that demand is what drives the economy

[Anonymous No.17959289]

https://twitter.com/surveyusa/status/1240739373756436481

[Anonymous No.17959313]

Literally no one has lost their job, this is all fake

[Anonymous No.17959323]

>>17959272
2008 will be nothing compared to this you retard.

[Anonymous No.17959339]

Not a single one of the 3 people I know lost their job. I know for a fact no one is losing their job. Everything is fine.

[Anonymous No.17959341]

>>17959240
>w-what a-about this random literally who on twitter??? G-got you now!
Seriously faggot?

[Anonymous No.17959353]

>>17957702
This isn't the end yet. The end will be when this virus mutates in SA/Africa and the global economy dies by EOY. Warren Buffet, FED, ECB, UN, IMF, etc. etc. will all be rendered useless in a moment. There exists an unprecedent arrogance in humanity that nothing can ever happen.

The reality is our entire global system is a house of cards that a black swan event like a deadly virus will instantly collapse to rubble. All the big names, the big institutions, the too big to fail banks, the important politicians, the Obamas, the Trumps, the leftist and rightist ideologies, the conspiracy plots, the celebrities we follow, the sports stars, all of this can and will be rendered into a nothingness. When we have to rebuild our society from the ground up, you will look back at these "stars", at the FED, at Obama, at Trump, at Kardashians, at Michael Jordan, at NFL, at Jewish conspiracy plots to take over the world via banking, at the money in your bank account, at democracy, at liberalism, at communism, at materialism, at the idea that we are close to understanding everything there is to understand...you will look back at these things that seemed important and laugh at how empty and powerless they are, they got all their importance from a system that a weird flu collapsed entirely. Then you will walk to a plot of land, plant some vegetables, get an animal or two and return to your natural state of being of coexistence with nature.

[Anonymous No.17959356]

>>17959341
wrote the best book on the GFC you mong


Crashed by Adam Tooze


Feeling bullish on unemployment btw

[Anonymous No.17959387]

>>17959258
>muh big bad CEOs

There literally has been economic growth in the world. Especially in the US. It is measurable. You have a peanut brain. Good luck with your insolvent banks and redistribution of wealth from your productive citizens to third world migrants.

[Anonymous No.17959400]

>>17959323
Then europe will likely be indistinguishable from Zimbabwe in 10 years

[Anonymous No.17959411]

>>17959387
corporate profits have stagnated since 2012. there is no real growth in the economy, just speculative scams

[Anonymous No.17959444]

>>17959356
>dude he wrote a book
Wow.

>>17959339
>>17959313
>screencaps of texts
Wow.

[Anonymous No.17959512]

>>17959209
And factor in that much of Europe has well organized public healthcare. Americucks are financially ruined if they're admitted to the ICU. The realities of US healthcare that we're going to witness might actually bring a boost for Bernie.

[Anonymous No.17959523]

>>17959411
Profit != growth

How is the US manipulating GDP figures? Our markets, like yours, are transparent. We're not talking about the CCP.

[Anonymous No.17959544]

>>17959512
America is fucked if they don't get their shit toghether about healtcare.
I hate that light blu ID faggot that still thinks they're the best. He thinks he live in fucking post WWII times .

[Anonymous No.17959548]

>>17959523
you need profits for growth to be sustainable

[Anonymous No.17959566]

>>17959353
schizo alert

[Anonymous No.17959609]

>>17959548
There is still profit. Relative profit doesn't have to grow for growth. If I make 5% profit on my revenue for 10 years, I can still grow for all 10 of those years.

[Anonymous No.17959672]

>>17957702
The myth of the universal healthcare system is being dismantled before your very eyes. The superior American private healthcare system made short order of this 'pandemic' (viral sniffles)

[Anonymous No.17959829]

>>17957702
The shutdowns barely began.

Small businesses will go bust, people will lose jobs. The UBI will keep people feeding themselves, that’s it. Q1/2 financials and economic contractions will be huge. That’s when you go all in.

[Anonymous No.17959868]

>>17958534
Dohohoho. If you think that we're going to somehow economically suffer more because of our healthcare system being inadequate to treat people affected with the corona virus, you got it exactly backward. It is because of our inadequate healthcare system that we will experience an economic boom after this pandemic passes.

You see, the people who get sick will be the weak and the old. Many of these people, who use up a lot of healthcare, Social Security, and other taxpayer funded programs that are catered to them, will die. What will be left are people who actually work and are healthy enough that they don't use the healthcare system much. A fiscal burden will be removed from taxpayers.

[Anonymous No.17959894]

>>17958038
That $1000 belongs to your landlord Mr. Shekelstein because you’re a laid off busboy

[Anonymous No.17959907]

>>17959273
it is though
/biz/ became such a place of wannabes and retards

[Anonymous No.17959938]

Hello sir, I have given you a chance to get 100k. Great benefit sighs. Fuck it once again, otherwise I will fuck your literal sister.

नमCovidस्कार साहब, मैंने आपको 100k पाने का मौका दिया है। महान लाभ1 USD EOY आहियाँ। इसे एक Clementबार फिर से चोदो नहीं तो मैं तुम्हारी शाब्दिक बहन को"BIZ" चोदता हूँ।

[Anonymous No.17959945]

>june at the earliest.
hahahahahahhahahhahahha

[Anonymous No.17959963]

>>17959258
There has been wage growth in the US and there has also been real economic growth, especially in certain pockets/sectors. It is true, though, that the economic growth the US has seen since the 2008 financial crisis does not match the growth in the major stock indexes. However, the US has had substantially more economic growth than Europe.

[Anonymous No.17959982]

>>17957702
Didnt buffett say to buy weeks ago, right before the market was red for a week straight, which would have been a terrible entry point?

[Anonymous No.17959999]

>>17959868
and your nation will be even less white

[Anonymous No.17960110]

>>17958817
Swede here, I honestly seldom see fat people. I know like one fattie. I doubt those stats.

[Anonymous No.17960203]

>>17959400
SO IS THIS SHIT MARKET RECOVERING OR NOT?

[Anonymous No.17960233]

>>17957702
The 'never let a good crisis go to waste' isn't over.
Federal emergency funds are free for the taking until the end of the month.
They're processing tests in the US, so 'omg, cases are on the rise!!!!'.
This is a pump, but we aren't going that much lower. Maybe 10-15%.

[Anonymous No.17960260]

>>17957762
If we can just brrr our way out of a global crisis like this I dont see why we need to continue being wageslave?

I mean surely this means that a global halt in production doesnt even affect the markets. Just pure bullshit. Let it fall, fucking boomercancer.

[Anonymous No.17960346]

>>17957702
$2K will be bottom.

Buy Kleros in the mean time.

[Anonymous No.17960356]

>>17958706

>your dollar means nothing

Then why is the value rising worldwide?

[Anonymous No.17960370]

>>17958400
Nah, those numbers are outdated already. Layoffs are just starting now. Wed will be bullish because "coronavirus impact overestimated, jobs are looking good!"

[Anonymous No.17960417]

>>17958436
We are definitely fucked in most European countries. But most mericans seem just fucking delusional with their "greatest country"-meme. The truth is, your healthcare system quality and availability is below post CCCP countries like Estonia. Second fact is that you are fucking late to the testing which is ramping up only now.You do not realize how fucked you really are.

[Anonymous No.17960436]

>>17960370
i believe they will be fairly recent no?
source on them being outdated?

[Anonymous No.17960457]

bruh

https://twitter.com/OccTranspo/status/1240614961069637634

[Anonymous No.17960458]

>>17959938

Rajesh no need to post here my friend,
I have already recieved your telephone calls and emails.

Rest assured I have already invested some money into EOY.

I have convinced the American dogs who think I am their friend to do the same.

Please let your mother know I am hoping to set the marriage with your sister 4 months from now, I have already sent the toilet paper and 5 cans of curry powder.

All the best brother, Praise be to ALLAH.

Also if it turns out your sister isn't a virgin me and my family are stoning her to death, nothing personal you know how it is.

[Anonymous No.17960462]

>>17960417
Old people dying isn't going to fuck us harder than the economic impact

[Anonymous No.17960473]

>>17960417
You are retarded if you believe the shitty commie memes that white Americans don't have healthcare quality equal to the best Europe has

Minorities skew our stats in a huge way

[Anonymous No.17960511]

>>17958712
>Average americans will suffer, yes. I'm not disputing that. Average europeans will suffer more. Especially in the long term. Unemployment was already far worse in europe. How are you going to fund all the european government bux programs when mass amounts of your citizens don't pay taxes. Look at what happened in Greece.

You are generalizing the Nigeria of Europe to the whole Europe? Generally, people do actually pay their taxes.

Also "average european" does not make much sense. We are not the United States of Europe. The differences between countries are massive in every way possible.

>>17958740
>You're all obese too and we have literally the best healthcare providers in the world. You're gonna get rekt and not even see it coming.
Your healthcare sucks in terms of quality and availability and cost. Having the top 1% surgeons and cancer treatments doesnt matter shit because they are not available to the general population like you.

Oh yeah, you don't even have the best surgeons or cancer treatmets because increasing number of mericums are coming to Finland for those lol.

[Anonymous No.17960656]

>>17960473
We don't need memes to self sustain our national self-esteem. We can look into actual research.

[Anonymous No.17960657]

>>17959353
Based

[Anonymous No.17960780]

>>17960511
I'd be willing to bet that you have less individuals <35 years old paying taxes and more people in that age bracket consuming public benefits than in the US. For some reason EU technocrats thought they could solve their demographic problems by importing unskilled and uneducated immigrants who share no common values with the native population. The demographic problem is prevalent across all of Europe. We don't have the same demographic problem in the US.

[Anonymous No.17960805]

>>17960780
>We don't have the same demographic problem in the US
What

[Anonymous No.17960807]

>>17960473
>>17960656

[flu=flu "corona" virus = mass (...) No.17960814]

>>17957702
Use mathematics to invest not emotions. algorithm buy and sell has no reading news function at all but time out batter then people.
So get your brain to fockus make your own plan of action with plan A, B , C if up or down or side ways . Act on actual TA confirmation and not on flu? are fucking stupid? Trump? ... dude how about Santa? You don't like different costume?

[Anonymous No.17960853]

>>17960656
>>17960807
>>17960473


>>We don't have the same demographic problem in the US
>14.4% of the U.S. population immigrants

[flu=flu "corona" virus = mass (...) No.17960875]

>>17957702
so where is Bull?

[Anonymous No.17960915]

>>17960805
https://www.statista.com/statistics/270000/age-distribution-in-the-united-states/

https://www.statista.com/statistics/253408/age-distribution-in-the-european-union-eu/

You've got more old people to support with less young working forks to support them

[Anonymous No.17960959]

>>17960853
>>17960807
>>17960656
>>17960473

>>17960780
>>I'd be willing to bet that you have less individuals <35 years old paying taxes and more people in that age bracket consuming public benefits than in the US.

Again, depends on the country but generally, of course we have. I cannot deny that.

[Anonymous No.17960980]

>>17960805
>>17960915
this is what a population capable of economic growth looks like

[Anonymous No.17961006]

>>17960805
>>17960915
>>17960980
this is what an economically doomed population looks like

[Anonymous No.17961056]

>>17961006
EU has a huge generation X for some reason. I guess my dad had a lot of people to compete with.

[Anonymous No.17961158]

>>17960980

>56%

[Anonymous No.17961191]

>>17961056
And when they retire, stop paying taxes, ramp up consumption of public goods/money, you will have no one to pay for it. The european welfare states are entirely unsustainable.

[Anonymous No.17961288]

We're not even close to the bottom.
This is just a little green or crab before another leg down.
We'll see a ton of these bounces, we might even see couple of weeks of green and we'll still go down afterwards.

>>17957753

This a million times.
Corona is secondary here. We'd be going down regardless of the type of the emergency.
The bubble would have popped on it's own within the next couple of years even without a catalyst.
Market has been fucked for ages and companies have been hiking up on nothing but debt being pumped into their own stocks.

[Anonymous No.17961313]

Adjusted by spending, USA is the Somalia of the West in terms of health care availability.

>>17960915
>You've got more old people to support with less young working forks to support them

Isnt the Corona a fix to the issue? ;)

[Anonymous No.17961383]

>>17961191
all modern welfare states are essentialy

[Anonymous No.17961404]

>>17959044
>Yea and when the virus with the bat poppulation in brazil and becomes more virulent... Oh man brazil Favelas are gonna get rekt

[Anonymous No.17961410]

>>17960980
>more than half of the lowest bars in that graph are mexican +black

ah yes great productive generations that

[Anonymous No.17961416]

>>17961313
By that same logic we should be advancing as a society because of poor and retarded people not being able to afford healthcare and dying off. I sleep just fine at night not having to pay for Shaniqua and her 8 kid's healthcare

[Anonymous No.17961488]

>>17960980
>this is what a population capable of economic growth looks like

Does this mean Somalia is blooming?

If anything, birth rate has inverse correlation with quality of life, GDP per capita and poverty.

[flu=flu "corona" virus = mass (...) No.17961510]

>>17958550
>https://m.youtube.com/watch?v=jfx7PnMtCeY
Grabbers usury exploitation

[Anonymous No.17961511]

>>17961416
>By that same logic we should be advancing as a society because of poor and retarded people not being able to afford healthcare and dying off. I sleep just fine at night not having to pay for Shaniqua and her 8 kid's healthcare

Your sarcasm radar needs adjusting.

[Anonymous No.17961568]

>>17961488
"capable" was the key word in my sentence. Somalia would sill be poor even if you dropped 50 trillion dollars out of a helicopter over the country.

[Anonymous No.17961573]

>>17961416
If you're waiting for natural selection to work its magic, then you'll have to wait 1000 years or something because poor and retarded people don't die off like that.
San Francisco has plenty of poor people on the streets and nobody cares about them but they don't die.

However I agree with you. We gotta have one country in the world that goes full corporate capitalist and hates poor as much as you. That way I can come experience it to see if I like it and then go back if I don't.

[Anonymous No.17961645]

>>17957762
It never goes in a straight line, people just closed some shorts

[Anonymous No.17961685]

>>17957753
Lmao this desu senpai

[flu=flu "corona" virus = mass (...) No.17961713]

>>17958550
I wonder if you could see same what I do that money is a slavery chains with one end in ones pocket and another in the bank. We do not need better slavery chains. We all have got 24h a day to exchange in a meaningful way with out usury but by own free will.
Only God can create something out of nothing -
obviously he lives in the Bank. and Gods chosen people work for him.
;O)

[Anonymous No.17961836]

I'm a wage slave working at starbucks who lives in California.
Last might I decided to come into work and help out, 4 people out of the maybe 15 people who came in from 8 PM till 10:30 said "At least you have a job."
Keep in mind, these people with no jobs are coming in to starbucks and blowing their money. The unemployment rate here has gone up X10 in the last week
People are buying frivolous things with their savings. This is most certainly, a dead cast bounce. As people suddenly feel like they "have more money" upon withdrawal, they tend to spend it.
To out into perspective, the first lady who came in when I clocked on ordered 5 lattes, and 4 frappuccinos. The order came out to about $45. Are people really spending their money on the essentials or did they get a lot of money and feel like they can spend?

[flu=flu "corona" virus = mass (...) No.17961850]

>>17958498
How do you know what I was thinking?
Are you telepathy or something....

[flu=flu "corona" virus = mass (...) No.17961936]

>>17958498
Well if I know that ,then probably majority can see
that we all live in tax enclosures , guarded buy guns and pacified by suggested imagination.

[flu=flu "corona" virus = mass (...) No.17962141]

>>17958463
he he he what "virus" you don't know it is swindle? Well, must feel scary? It always fall faster then rise and it rise always higher.
Take any chart and pick up spots when you would like to buy and when you like to sell . Play play play then put paper over the chart so that you could not see future and move uncovering one day at the time and now make same decision when to sell and when to buy. how to increase probability of buying closes to bottom possible and selling as high as possible? play play play and you will see most lucrative strategy and when that will work as you designed now look at the real stock market and you know what to do if you have played enough.

[Anonymous No.17963020]

>>17958038
I fucking hate dumb people that act like they're smarter than everyone else. 'People will buy bitcoin with their emergency food money!!' You're a fucking spastic, seriously shut up and fuck off