/biz/ - Business & Finance

[Anonymous No.18282589]

Okay here's the deal.
1. I work hard spending at least 12 hours per with all preparations and driving
2. Every 8-10 years I experience a new world crisis which kills investments I made and cuts my savings
3. The next 4 years I work even harder because the crisis wiped out the jobs and there's huge competition
4. 4 years after a new crisis breaks out and returns me back to poors
5. When I turn 60 I kms

Now seriously, why are experiencing financial bubbles? Who's responsible for that? They say COVID is a disaster that is killing economy. BULL SHIT. The virus is a simple flu but governments play this card to justify the crisis. Who or what the hell do trigger this every 8 years?
I remember 2008, I lost my job and it was pretty heavy. Now it's happening again?! What's the point to work at all? I can work for a month in a year and I'll be provided with money to buy food for the next 11 months. I won't be having iphones and netflix but heck I won't be losing my entire savings either!

[Anonymous No.18282833]

I hate this world.

[Anonymous No.18282847]

>>18282589
>why are experiencing financial bubbles? Who's responsible for that
Fake virtual money AKA usury

[Anonymous No.18283647]

>>18282847
I don't see how it's fake.

[Anonymous No.18283712]

>>18282589
if you're straight up losing your savings in a market crash you're entirely to blame for realizing those losses by selling in a fucking market crash. in every downturn we eventually return to all-time highs and continue to go up. the key to surviving, the key that retards like you miss, is to NOT FUCKING SELL. SELLING IN A CRASH TURNS UNREALIZED LOSSES INTO REALIZED LOSSES.

if you're worried about losing it all during retirement then, again, you're a fucking retard. in any actively managed portfolio (like a target retirement date fund) they gradually transition you from high growth stocks to low growth stocks to bonds to prevent this from happening. if you're 60 years old and your investment portfolio is 100% stocks, you deserve everything you get.

[Anonymous No.18283750]

>>18283647
for starters, look up fractional reserve lending

[Anonymous No.18283756]

>>18283647
>Money created from nothing is real
Giftgas yourself

[Anonymous No.18283773]

>>18282589
It's called capitalism but unfortunately the brainlets on this board are too stupid to understand that

[Anonymous No.18284170]

>>18283750
I know what it is.
>>18283773
Capitalism doesn't assume you will have bubbles.

[Anonymous No.18284187]

>>18282589
>The virus is a simple flu
This is why you’re in the position you are. You’re a high ranking dumbfuck. Kys loser.

[Anonymous No.18284197]

>>18284187
/thread

[Anonymous No.18284205]

>>18284170
Capitalism is built around lending.

[Anonymous No.18284210]

>>18284170
they make money out of literally nothing, it’s fake money and a shitty scam that ruins everything. any currency is only worth what the people agree it’s worth, but that is just a posturing game that society likes to play when it can afford to play. if it ever really comes down to it, no piece of paper, no check, no plastic, no coin is going to be worth anything when people are hungry and angry. money is a balance of mass faith and submission and without both would be worth nothing. how can you not see outside of the consumerist bubble and realize the thin reality of existence we share?

[Anonymous No.18284722]

>>18284187
Okay grandpa.

[Anonymous No.18284992]

>>18284210
Okay, assume we all don't deserve the money we have. But if everyone pays his debts right now then economy will be fixed. Why won't we build a supercomputer that will find a way to cross out debts from each other?

[Anonymous No.18286101]

>>18283712
But anon, if I don't sell the dip how will I ever lock-in my losses? I thought you were supposed to buy high, sell low?