/biz/ - Business & Finance

[Anonymous No.18007788]

>It's just a recession bro

[Anonymous No.18007823]

>>18007788
Chekt. This is the end of this phase of civilization.

[Anonymous No.18007825]

Yes

[Anonymous No.18007843]

>Leveraged ETFs are better for the long term
>Don't need an emergency fund, just sell stocks if you lose your job
>The central bank has ended the boom bust cycle
>HFT has eliminated most market volatility

[Anonymous No.18007844]

>>18007788
>not even at 2016 levels

[Anonymous No.18007859]

>line can't go up forever

Line go down forever

[Anonymous No.18007872]

>>18007844
Not yet, give it a week

[Anonymous No.18007887]

>>18007788
What do you mean, bro?
Take the long view!
It's all fine!

[Anonymous No.18007901]

>>18007825
Complete delusion.

[Anonymous No.18007914]

>>18007887
Healthy correction. Based.

[Anonymous No.18007969]

>>18007887
>3.5 years for the Dow to go from 19.1k to 29k
>All gone within the span of a month
Sure bro, it's all fine

[Anonymous No.18007973]

>>18007887
If this continues for 1-2 months which it will because US is only starting to deal with the virus its going to go down a lot fucking more.

[Anonymous No.18008001]

>>18007788
man i wanna show this chart to experts in 2018 without context and ask them the cause

[Anonymous No.18008011]

>>18007825
oy vey, everything is ok goy- i mean, people, stop selling your stocks, stop it now

[Anonymous No.18008142]

>>18007823
reminds me of this one guy with his theory about civilizations having a life span of 250 years. and if we set the french revolution as the beginning of the current west, well, we've reached that time round about now.

[Anonymous No.18008170]

>>18008142
Intresding

[Anonymous No.18008524]

>>18008142
Read a book that said every civilization falls the same way economically
>1) Start off with good money and a good economy and relative peace somewhere in it's history
>2) Government wants public works, schools, infrastructure, "muh roads", healthcare, welfare, etc. Government grows in size and central banking system is created if it didn't exist already
>3) Massive military machine is created due to the economic prosperity creating high aspirations for the civilization
>4) Machine put to use in wars since funding a military without using it is worthless
>5) Now citizens must be taxed higher and this combined with the public works starts to create inflation in the system causing the economy to become a shell of what it used to be
>6) Purchasing power of the currency is low, people have no real faith in their government, massive recessions and depressions occur with very little work and people want change
>7) Assets like housing, land, precious metals, arms, ammunition, and even food and water become more important than other assets causing the economy to essentially collapse
Look at Rome, Athens, early 18th century France, The continental US, even the Weimar Republic to an extent.
USA fills the bill perfectly, too.

[Anonymous No.18008783]

>>18008524
well yeah, that is pretty much the whole west.

[Anonymous No.18008844]

>>18008524
t. Never experienced 2008

[Anonymous No.18008890]

>>18008524
t. incel

[Anonymous No.18009030]

>>18008890
t.Womeme

[Anonymous No.18009157]

>>18007825
Delete this anti-semetic remark!

[Anonymous No.18010719]

>>18008524
>>18007823
Obviously. Question is: what comes next? And what does the transition look like?

[Anonymous No.18010858]

>>18010719
The answer is obviously some kind of communism. Whether it will be global or regional depends on how China survives.

[Anonymous No.18010917]

>>18007788
>>18007887
Drumpf!!!!!!

[Anonymous No.18011060]

>>18007788
All this really shows is that investors as a whole are retards. It's a provable fact that the pandemic will be over in a few months and business will resume as normal once that happens.

[Anonymous No.18011171]

>>18010719
WFH village-centric technostates?
might be kewl

[Anonymous No.18011222]

>>18010917
Thats... kinda clever

[Anonymous No.18011287]

>>18008524
>Read a book
fucking nerd

[Anonymous No.18011380]

>>18007887
Done support is here if it falls out wew lad

[Anonymous No.18011430]

>>18010917
what do the other countries markets look like?