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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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17983944 No.17983944 [Reply] [Original]

I know that we all are so certain that there will be a recession, but can we get some devils advocate?

>> No.17983961

>>17983944
No recession is confirmed. There is no escaping.
The only thing to be determined if it’s a recession or a depression.
And where war will break out.

>> No.17984988

>>17983944
>Summer is coming
>They found a cure for the virus

>> No.17985015

>>17983944
>but can we get some devils advocate?

No because I'm not a complete idiot

Millions of people will lose their jobs, businesses will permanently shut down, entire industries will have been kneecapped, and nobody will have money to buy anything. There's no easy coming back from that

>> No.17985213

>>17983944
we've already entered the recession, moron

>> No.17985234

The stock market drop was exacerbated by over leveraged hedge funds getting liquidated. When they're fully shaken out and business start opening this thing will rip, similar to Bitcoin's recent price action

>> No.17985299

>>17983944
If we get the virus under control in the next couple of weeks and people go back to work the economy will moon.

If the virus continues on the current track we are headed towards an economic depression.

>> No.17985380

Get dosed with this hopium. Trump manufactures the cure tomorrow before everyone gets sick and manufacture halts. The cure is sold at an affordable price for everyone in the world.

Kek were fucked.

>> No.17986461
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17986461

>>17984988
>he thinks the recession is caused by the virus

>> No.17986490

>>17985015
this
>complete and unprecedented immediate collapse in demand

>> No.17986514

The goyim were getting a little too comfy and even bold... Recession!

>> No.17986520

>>17986461
what's the cause then ?