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/biz/ - Business & Finance

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19059198 No.19059198 [Reply] [Original]

Biz is US dominated like most other places, but we need to exchange info as well. What are your views on todays situation. How will US collapse change situation here? Do you trust GBP to hold value?

>> No.19059240
File: 98 KB, 1280x790, pound-dollar-exchange-rate-historical-chart.png [View same] [iqdb] [saucenao] [google]
19059240

GBPUSD

>> No.19059266

>>19059198
good boy points always have value, the tendie/gbp rate is pretty stable

>> No.19059306

>>19059240
aAaaAaAAa

>> No.19059313

>>19059198
Slow descent into hell buddy
High employment, UBI and negative interest rates

>> No.19059352
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19059352

>>19059198
BRUV GO LONG ON CHICKEN COTTAGE SENPAI.
BARE PEEES 2 B MADE U NO

>> No.19059396

Buy sacks of taters at 4 quid each straight from the farmers, flog em at the market for 7 quid each. Sorted

>> No.19059429
File: 304 KB, 1051x1306, Downe.jpg [View same] [iqdb] [saucenao] [google]
19059429

https://www.ons.gov.uk/economy/grossdomesticproductgdp/bulletins/gdpmonthlyestimateuk/march2020

>> No.19059573

>>19059429
that's not bad at all considering covid shit

>> No.19059594

>>19059352
U NO ROAD MAN AND HOOD RATS GO COTTAGE. OG'S WITH NUFF P GO NANDOS BRUV. BARE MAN TALK GAS

>> No.19059605

the only chance that britain will do well is a collapse of the euro zone

>> No.19059607

>>19059198
implying you are a filthy gold/silver stacker
Printer go brrrrr , always wins. ALWAYS

>> No.19059631

>>19059605
Great, it will then

>> No.19059634

>>19059607
You can always be 100% in mortgage and pay it off during brrr period.

>> No.19059642

>>19059605
so just a 100% probability

>> No.19059652

>>19059594
BLOOD R U DUMB F-A-M?
CHICKEN SHOP £1.99 2 WINGS + CHIPS N DRINK IS WHERE U FIND THE HARD SHOTTERS. MAN LICKS BARE SHOTS BY THE BUS STOP NEXT TO CHICKEN SHOP F-A-M. U NO DA ONE NEXT 2 THE SOMALIAN INTERNET CAFE

>> No.19059672

>>19059573
march. thats without some longdown in first Q

>> No.19059676

>>19059198
We are the most fucked of any country in the world bro check Deagel it’s unironically over

>> No.19059686
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19059686

>US collapse
i got some bad news for you there Mohammed

>> No.19059692

Americans are so cringe

>> No.19059751
File: 416 KB, 935x909, Deagle.jpg [View same] [iqdb] [saucenao] [google]
19059751

>>19059676
Down to 15 mln people? That is a bit harsh.

>> No.19059824

>>19059573
thats pretty bad considering lockdown started roughly 2nd /3rd week of march
Entirety of Jan, Feb and first bit of march blown the fuck out by lockdown in 2nd part of march
Q2 is going to be a bloodbath in every country, they are predicting -25-35% GDP decline in the US, UK should be about the same

>> No.19059853

>>19059824
i think UK will be fine, manufacturing will be hit the most but services are all up and running

>> No.19059866

>>19059824
USA unemployment is about 25% now if you count all jobs lost in last couple months.

>> No.19059870

>>19059198
>>19059240
honestly £ looks like shit, I have Gold, Gold stocks, Bitcoin and cash in the form of US dollars.
Yes yes brrr and all that, but every country is brring, and the amount of dollar denominated debt in the world dwarfes debt in any other currency. Im waiting for a drop in the assets i mentioned so i can exchange my USD and add to positions

>> No.19059883

Any britbongs using spread betting/CFDs to bet against GBP?

>> No.19059922

>>19059652
>>19059594
You man are some sideways moving pagan battyboys cuz my day one donnys rep morleys

>> No.19059953

>>19059198
no, my savings are in usd
no reason to bet on gbp right now

>> No.19059966

>>19059751
What the fuck is this

>> No.19059976

>>19059870
Do you see gbp going to hiperinflation?

>> No.19059978

>>19059853
High tech services can all work from home, yeah

>> No.19059995

>>19059853
bro what? everything is locked down, bar emergency/healthcare workers every person I know is either furloughed or sacked- unemployment rate coming out on 19th march, BOE says it can be 8-10%

>> No.19060002

>>19059966
http://www.deagel.com/country/United-Kingdom_c0209.aspx
It is some inteligence agency website, they mostly do military contracts etc.

>> No.19060013

>>19059995
*furloughed, sacked, or working from home

>> No.19060034

Holding £15,000 gbp cash and £20,000 uninvested in a stocks and shares ISA.
Not sure if I should put it all in BTC or in property. Right now money is just sitting there becoming worthless..

>> No.19060052

>>19059976
I would have to say no, but there is a slim possibility. Inflation and hyperinflation are very different things- will GBP suffer inflation over the next few years? sure, as will all currencies.
Hyperinflation is almost always accompanied by a total collapse in society ( see weimer germany, venuezala), so I doubt they would let it get to that, they would have to bite the bullet, let rates rise and crash the economy in the medium term (3-5 years) to avoid a mad max scenario

>> No.19060064

>>19059198
Royaume Unis noob
France pro

>> No.19060124
File: 53 KB, 610x385, queen.jpg [View same] [iqdb] [saucenao] [google]
19060124

>>19059198
British empire 2.0 incoming. Screencap this.

>> No.19060211

>>19060034
I would recommend doing something safe with it you don't want it sitting just now

>> No.19060238

>>19059198
>How will US collapse change situation here?
The impending US exit pump will deroy the fx markets, London IS the fx markets. But no matter what the UK controls banking via the City, especially once the US falls from grace.
>Do you trust GBP to hold value?
Value is subjective, price, nope it won't hold. 70% of global transactions are in USD. The UK operates as the worlds largest tax haven via its offshore jurisdictions. The richest of the rich trust the UK, that doesn't change overnight as its built on centuries of 'stability'. Brexit will only strengthen this.

You live in one of the best countries in the world anon, an actual first world country.

If you're worried & rightly so, buy gold/btc

>> No.19060369

>>19060211
what is safe these days. Big british companies on the FTSE are propped up by denialists just like in global markets. All hospitality like wetherspoons, property development, financial firms etc holding at the "priced in" 40-50% off pre-covid value. It's bullshit, nothings opening for months and nobodies spending. This isn't 50% off stocks we are seeing right now, it's going to drop further.
"Safe" would be to buy something boring like astrazeneca or GSK, or just hold fiat. I've got £40,000 equity in my own home too, but with a 10%property value drop that's going to pretty much half.
Bitcoin is looking really bullish to me. Precious metals are at all time high's so that opportunity has passed.

>> No.19060577

>>19060124
Corona and anti-China sentiment makes CANZUK a tangible possibility
Make it a corona travel bubble and go from there

>> No.19060632

>>19059883
Yeh mate, all on IG.

>> No.19060657

>>19059198
Member wen Germany rekt u? I member.

Brush your teeth guys

>> No.19060694

The weak get culled in times of chaos.

USD going to be the only currency left after this.
US & China the only functioning economies. Both countries will become even richer.

Only real answer on this board.

>> No.19060804

>>19060657
haha, I remember when the japs fuckiiiinnnnn wrrrracccckkkkkeeeedddd youuuu.

Oh, and vietnam, how does it feel to have one of the biggest militaries in the world, with the most spending, only to get bested by a bunch of malnourished third worlder rice paddy farmers.

fuckin murica, literal a clown country.

>> No.19060858

>>19060694
>USD going to be the only currency left after this.
why would you say this? are you familiar with Triffin?

Global reserve currencies last 80 years, the US has had its 80 years. The 'exorbitant privilege' you've enjoyed is coming to an end. its not the USs decision to make, its up to the fx markets.

>> No.19060875

>>19060804
vietnam got wrecked, democrats cut funding to finish it off

>> No.19060993
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19060993

USA is biggest export partner for both Germany and UK. Next months are goimg to be fun...

>> No.19061136

>>19059652
BLUD, MAN WAS SHOTTING SINCE BACK IN DAY BEFORE DEM LIGHBULD HEAD S'MALIS WAS EVEN ON ROAD AND ONE PIECE CHICKEN AND CHIPS WAS 89P SENPAI. MAN ON BIG TINGS NOW. MAD TINGS. I GOT 2 BABY MOMMAS ON SAME ROAD MAN A MOVE LIKE SHADOW.

>> No.19061249

>>19059198
Bong here. God, no. I’m gonna put my SunakGibs into CHF until the US election, then put it all on Trump. That’d double it or triple it. Then put it in BTC and hodl min 1year selling if it actually did go above 100k

>> No.19061276

>>19060993
The UKs biggest export is its financial sector, but yea europe is fucked. Along with the Euro.

For the UK Jets will need engines (Rolls Royce), Construction needs constructing (JCB), Luxury cars do well in recessions. Short term is bad yea, but long term it's all good.

Great map though, shows how much the rest rely upon Germany, again bad for the EU.

>> No.19061288

>>19061276
rolls royce just made their biggest layoff for 30+ years

>> No.19061345

>>19061288
good, they're looking out for their shareholders. As i said short term is bad.

>> No.19061355

>>19061249
based SunakGibs

>> No.19061385

>>19061276
>The UKs biggest export is its financial sector
Good point, even if all monetary systems fail, all the man power and connection will restart it to very similar shape as before. Other countries can't really compete.

>> No.19061408

>>19061355
Youknowwatimean? £2500 ($3125 yankbux) each month, every month, for seven months innit

>> No.19061428

>>19061385
Hope you are not being sarcastic. As I'd guess you're not familiar with the set up.
>The UK operates as the worlds largest tax haven via its offshore jurisdictions. The richest of the rich trust the UK, that doesn't change overnight as its built on centuries of 'stability'. Brexit will only strengthen this.

>> No.19061465

>>19061428
Not being sarcastic. I agree.

>> No.19061782

>>19061465
Serbia & Montenegro look the least affected from that map. Probably great countries as they really can't fall too much from their current state.

Probably a good region for the future, more research required.

>> No.19061804
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19061804

>>19060694
>china
Paper Tiger in every sense of the term. Their entire culture, economy, infrastructure, military etc is hollow and built on lies. It's all about saving face there. Lying is second nature. Everybody dreads doing business with china and everyone is scared to park money there. No trust. The "tiger" part of it is that they even have some bizlets fooled into thinking they're anything more than hot air.

>> No.19062037

>>19061804
>everyone is scared to park money there
Especially the chinks
>. The "tiger" part
China have simply replaced the Lion from the Wizard of Oz with a Tiger. The rest of the cast remains.

>> No.19062550

>>19061804
This. All China has is the Zerg Rush. Mei Ban Fa!

>> No.19062788

>>19061408
BOE is directly financing govt spending to provide this lmao. GBP will go down the shitter along with the euro

>> No.19062904
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19062904

>>19060124
checked and based

>> No.19062951
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19062951

>>19059198
Oi innit

>> No.19063109
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19063109

>>19062550
They got rekt in every war.

>> No.19063128

>>19059198
Bruv what's the best stack for me to be able to get a Barratt new build then go on a madders to beefa?

>> No.19063179

>>19060657
2 WORLD WARS AND ONE WORLD CUP

THERE WERE 10 GERMAN BOMBERS IN THE AIR
10 GERMAN BOMBERS IN THE AIR
THERE WERE 10 GERMAN BOMBERS
10 GERMAN BOMBERS
10 GERMAN BOMBERS IN THE AIR

THEN THE RAF FROM ENGLAND SHOT THEM DOWN
RAF FROM ENGLAND SHOT THEM DOWN
OH THE RAF FROM ENGLAND
RAF FROM ENGLAND
RAF FROM ENGLAND SHOT THEM DOWN

THERE WERE 9 GERMAN BOMBERS IN THE AIR...

>> No.19063212

>>19059352
>>19059594
>>19059652
>>19061136
https://www.youtube.com/watch?v=ZJS9mEyIORA

>> No.19063216

>>19063179
Riefen, Krieg und wollten Macht
Mann, wer haette das gedacht
Dass es einmal soweit kommt
Wegen 99 Luftballoons

Yeah you guys got wrecked and we backed the wrong side. Fug

>> No.19063279

>>19060034
>property

Ah yes right at the top of the market just like Kirsty and Phil want you to

>> No.19063302

>>19063212
This is how I imagine average american.

>> No.19063315

>>19063216
https://www.youtube.com/watch?v=3_QY3xsLQNI

>> No.19063394

Now that Adam Back is confirmed as Satoshi, this green and pleasant land is the inventor of the industrial revolution, the information revolution and the crypto pump and dump revolution, absolutely sensational.

>> No.19063699

>>19063394
Anglo cannot be stopped

>> No.19063724

>>19063216
M8 no-one understand what any of that rubbish means
Speak English, it's easier than whatever you were trying to say there

>> No.19064567
File: 19 KB, 385x446, british clay.png [View same] [iqdb] [saucenao] [google]
19064567

>>19059198
What is /biz/'s consensus on Brexit? Good or bad for business?

>> No.19065240

>>19064567
I would say good. World is uniting into continents, being in the middle gives great opportunities.

>> No.19065873

Essential viewing
https://youtu.be/T7a8-EyuvZ8

>> No.19065909

>>19059198
us cucks tip their landlords

>> No.19066972

What will do worst in next year: euro, gbp or dollar?

>> No.19067293

>>19063724
retard:
https://www.youtube.com/watch?v=0fmHCpfAknE
germanishche 99 best balloons