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

/biz/ - Business & Finance


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19233884 No.19233884 [Reply] [Original]

https://tradingeconomics.com/united-states/unemployment-rate

>> No.19233904

>>19233884
Didn't you get it? Everything is bullish now, it's going up forever.
Fuck this clown world.

>> No.19233948

>>19233904
This is what i don't get they are pumping the financial markets , while supporting deflationary shit for the real economy , it's like trump & mnuchin are retarded , powell seems to be doing what he can but shit like the comments for negative rates are bearish as fuck.

And the whole anti china meme only stops global investments causing more escape to the usd and more deflation.

Do they don't get the gravity of the situation?This is worse than 1929.

>> No.19234073

>>19233948
>This is what i don't get they are pumping the financial markets , while supporting deflationary shit for the real economy
Read up on the Cantillon Effect.

If they pump the financial markets while destroying the real economy, their wall street friends can buy up all of the foreclosed assets for dirt cheap. Just bankrupt average people and give your friends enough so they have enough liquidity to buy up the small business infrastructure.

>> No.19234081

>>19233884
>>19233904
>>19233948
You guys are so fucking stupid
>Why isnt the market crashing, I mean look at all these people making more money on unemployment than they were working
I swear you retards need to be spoon fed, you bears cant even blame Trump for this, it was dems who demanded people make more on unemployment than they were working or they wouldnt pass shit

>> No.19234169
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19234169

>>19234073
You are right but this is so bad it will cause a revolution 2008 is a meme compared to this , even 1929 may be comfy compared to this.

>>19234081
Trump caused a servere global deflation by mid 2019 , the trade war, attacks against crypto, sanctions(that were probably neeeded tough), and a whole lot of shit caused a global escape to the usd.

All the world fiats are collapsing minus the usd(because everyone is dumping their fiat and buying usd) and this is causing servere deflation in the usa fucking the entire global economy in a loop of doom.

I agree that the democrats were retarded if not larping as retards to fuck his economy even more with the stimulus package.

But still the stimulus package was already after things went to shit.

>> No.19234347

>>19234169
They went to shit because of a virus that is no where near as bad as the media made it out to be, even the CDC backtracked today and said its not as contagious as they thought

Trade war helps us in the end run and China would bend before us, shitcoins are scams just like penny stocks, im ok with sanctions against sand niggers.

>> No.19234444

>>19234081
>>19234347
Imagine being this retarded holy shit.

>> No.19234479

>>19234444
checked, he is a retard

>> No.19234486

>>19233884
>bro it wont even literally kill you
https://twitter.com/davidmackau/status/1262879650352676864?s=21

the economy is already fucked, now it’s just a matter of how many people die before it gets better

>but muh stonks!
are gonna look a bit different when the govt stops dumping trillions into the market every month

>> No.19234506

>>19234347
Nah dude look at japan, india, china, germany and france economic data before corona.

The world was already in servere deflation japan lost 6% gdp in q1 2020 before they had 300 corona cases and they had the olympics ahead lmao.

It's all fucked up, entire world buying usd and not investing in anything.
Those usd are removed of circulation from the us economy causing deflation and fucking american industry in a loop.

Even the chinese had to stop faking the data so much and published the worse growth in decades.

it's all fucked up, worse currencies like the euro that could have prevented this are no longer seen as safe due to trump nato / anti eu dick meassuring contest.

So all the pressure on the euro is now on the usd , it's all massively retarded and can't be stopped by conventional means.

>They went to shit because of a virus that is no where near as bad as the media made it out to be

It's bad because it has 3 weeks period in which you trasmit it without fucking symptoms but yea the death rate is lower than initially expected.

>and said its not as contagious as they thought

It's probably worse thus the elder care facility shitstorm all over the world, 3 weeks without symtoms but trasmiting it is bad.

>Trade war helps us in the end run and China would bend before us

But no one is investing and everyone is hoarding dollars and causing deflation in burgerland.
How is that even helping you?Your industry will be destroyed due to an overvalued dollar.

>shitcoins are scams just like penny stocks

Most are ,not all tough

>im ok with sanctions against sand niggers.

Yea the sanctions were needed the problem is the indirect sanctions against everyone trading with the fuckers.

>> No.19235276

>>19233904
>firing off deadweight and having the government subsidize consumption through unemployment
>bearish
Its like you hate money

>> No.19235316

>>19235276
>unemployment benefits get reduced in july
>people have less money for consumption
BULLISH

>> No.19235343
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19235343

What happens after this coronavirus shit ends this is getting boring

>> No.19235800

What year did they start bullshitting the unemployment data? Like I know if you don't have a job for a certain amount of time you're just not counted as unemployed anymore lmao

>> No.19236777
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19236777

>>19233904
wait for boomers to cash out