Collapse

[Anonymous No.22186511]

Collapse general /cg/.
>Stocks dumping
>Crypto dumping
Its going to be just like earlier in the year. We will all be absolutely slaughtered.

[Anonymous No.22187317]

>>22186511
Big dump leads to big pump dummy

[Anonymous No.22187514]

>>22187317
i took a big dump

[Anonymous No.22187548]

>slaughtered
I bought the dip but you could still be right unfortunately

[Anonymous No.22187598]

Big dumps like this usually follow big news of some sort. Do they really think people care about niggers getting shot?

[Anonymous No.22187787]

All it took was a month with no second stimulus for the wheels to fall off. Does Trump actually believe his bullshit about the "SUPER V" recovery? There is no recovery. We've been living off stimulus making up for the collapse in demand and now that's dried up. If we don't get round two immediately, shit is crashing hard.

[Anonymous No.22187850]

NOT AGAIN, NO NO NO NO JUST STOP FUCKING SELLING FUCKKKKK

[Anonymous No.22187864]

My bitcorn is dumping but the collapse has me feeling comfy af. Glad I stocked up on ammo last week. Maybe we will get more NEETbux donnie can’t take any more of this

[Anonymous No.22187991]

>>22187787
I can't imagine how difficult it is to wade through the pathetic excuse you call a life being that retarded. They could use you as the basis for a VR adventure where you play a dyslexic inbred.

[Anonymous No.22188020]

>>22187864
>Maybe we will get more NEETbux donnie can’t take any more of this
It should have been pretty obvious to anyone that this was going to be the case. Not sure why Trump confidently did the EO and let the matter subside. Did he buy his own bullshit about the recovery> Did he really think we were recovering? Fucking idiot should get it as should his advisers that there is no recovery and the only thing keeping this thing from collapsing before the election is neetbux. He's going to lose and they are going to fuck him with prosecutions. If he had any sense and balls, he'd order the Treasury to borrow and send out stimulus checks. Who the fuck cares if it's not Constitutional. Laws don't fucking matter in this clown world anymore. Just do it and dare the Dems to stop him. Send out checks with his big fucking face on it making the CHYNA face.

[Anonymous No.22188047]

>>22187991
Me? You actually think we are in recovery? This is laughable. We are on the precipice of the biggest fucking collapse, but your recency and normalcy bias can't see it. You're as bad as any fucking boomer.

[Anonymous No.22188074]

This "collapse" is nothing. And anyway it is now a good time to get ready... looking at the charts and waiting for an entry to buy more ETH.

[Anonymous No.22188163]

>>22188020
Meh, the democrats have a vested interest in things getting worse (to help biden) and republicans are all of a sudden cheap. Meanwhile you may double digit airline lay offs and white collar lay offs at places like ford and coke.

[Anonymous No.22188176]

The dip has only just started, you need to learn when everything is going to go south, cash out and wait for it to stop completely, so what you might not catch the exact bottom, but you will not lose money as you know the dip is over, rinse and repeat and you will get rich. All these fags constantly buying a falling knife are going to go broke

[Anonymous No.22188205]

>>22188047
The only reason we are in a recession instead of a depression is solely due to Trump's economic policies the previous 3 years. Just shut the fuck up and stop shitting this board up with room temperature IQ schizo babbling.
If you had a molecule of non-nigger DNA, you would understand the differences between a recession caused by kikes, and a recession caused by slightly less influential kikes and chinks.
Kill yourself, retard.

[Anonymous No.22188271]

>>22188205
Explain the difference you falseflagging brainlet

[Anonymous No.22188305]

>>22188271
Tell me the difference in the causation of the 2008 recession and the 2020 recession.

[Anonymous No.22188332]

>>22188205
>"The only reason we are in a recession instead of a depression is solely due to Trump's economic policies the previous 3 years"

kek

[Anonymous No.22188380]

>>22188205
You mean the recovery that we never really had from 2008? It's all created by loose monetary policy. We have zombie corporations cannibalizing others. We have a debt to GDP that can't every be repaid without inflating the debt down. We are at a terminus point. There was never any "recession" in the books. We are going to melt up or melt down. There is no good way out. But there is a sharp pain that will light a conflagration or a slower acting poison that could maybe give us a soft landing until they figure out some reset.

[Anonymous No.22188382]

now that I think about it, why ARE we crashing? it’s just COVID fucking up manufacturing and trade right?

[Anonymous No.22188412]

Buy the dips retards.

Also for all you new fags, this is a good time to get some LINK. Not even joking. Who knows when it will be this low again.

If it goes below $10 I might buy some more. 2k bag holder here.

[Anonymous No.22188436]

>>22188382
covid is pretty much over.

[Anonymous No.22188490]

>>22188305
How about don't bring your schizo bullshit into the market if you don't want to explain shit without sounding like you have a stick up your ass.

[Anonymous No.22188492]

>>22188382
Covid continues to exist only because Democrat governors want to use it to bludgeon the President with. Many countries aren't even doing shit about it anymore and they are fine. Its a massive nothing burger at this point

[Anonymous No.22188511]

>>22188382
The banks have been tightening credit in order to force more concessions from DC. When lending starts to dry up, the expansion stops. We are a debt based monetary system. If the borrowing slows down, shit falls apart quickly. Wall Street will get what it wants. The question is, will Trump give it to them or will they let the market crash so that Biden will win and give it to them. Either way, they get what they want. What they want is more stimulus and bailouts. Might as well, because the debt will never be repaid at this point. We are past the point of no return. Rates can never rise or it all completely collapses. The only hope is inflating it away and that's a whole other bag of pain and disaster. Pick your poison.

[Anonymous No.22188564]

>>22188382
Lots of reasons: COVID (or fear thereof), anemic economic growth, meh jobs report, the fact the market is untethered from the economy, CHYNA trade rhetoric, election, and fall being bad for markets.

[Anonymous No.22188579]

>>22188382
>t’s just COVID fucking up manufacturing and trade right?
But nothing changed about covid. Fauci blabbed again today I think.

[Anonymous No.22188613]

>>22186511

Nope. Dollar flat, buy the dip.

[Anonymous No.22188630]

>>22188382
Americans can’t pay the rent

Unless federal unemployment benefits get renewed next week watch the markets go down. If they do get renewed the bull run starts back up again

[Anonymous No.22188673]

>>22186511
>Its going to be just like earlier in the year. We will all be absolutely slaughtered.

Oh you mean like when it dipped for a little bit and then completely bounced back and went up even more?

[Anonymous No.22188726]

CRAAAAWWWLLLINNNG INNNN MY SKIIIIIINNNN

[Anonymous No.22188741]

>>22188205
>Trumps economic policies

Imagine thinking a president has any control over the economy. The FED controls the economy.
The only reason the economy exists still is because the FED prints money and pumps it into the stock market giving a false sense of security

[Anonymous No.22188746]

>>22188630
Basically this too. The only reason this depression hasn’t even felt like a recession is because of government stimulus and eviction moratorium. We have a real estate Armageddon on the horizon if nothing is done substantially. We are Wile E Coyote running off the cliff and we don’t realize it so gravity isn’t engaged just yet.

[Anonymous No.22188755]

>>22186511
nah, buy the dip faggot

[Anonymous No.22188912]

>>22188755
Checked and THIS

[Anonymous No.22188952]

I want to get out now do I can accumulate at the bottom, but knowing my luck it will pump back up again immediately after

[Anonymous No.22189207]

>>22188412
>for all you newfags
>thinks 10$ LINK is a bargain
ok newfag

[Anonymous No.22189215]

>>22188746
Lmfao you niggers really think they will let that happen? Theyll let us fall off the cliff, pull us back up 1/2 way before we hit the ground, and charge you for the rescue. A meme virus and poor ppl getting evicted won't do shit. When Joe "Racial Jungle" Biden sends out fed stormtroopers we all will be inthe green

[Anonymous No.22189456]

you guys did invest in guns, ammo, plates, and ballistic helmets though, right?

[Anonymous No.22189740]

>>22188741
>the fed controls 2 reactionary policies
>it therefore controls the economy
Yea maybe back in the great depression when they weren't regulated, but that's not how it works anymore.

[Anonymous No.22189751]

>spent the last of my disposable money buying up coins just hours before it all went crashing down
>nothing left to take advantage of the massive dump
>all I see is red
at least I can get drunk

[Anonymous No.22190085]

>>22189740
The FED could literally collapse the dollar forever overnight and you think they don't control the economy? Lmao. The president can do minor things that will affect the economy but the FED is in the drivers seat

[Anonymous No.22190294]

>>22187864
I was gonna dump my ammo on the market sometime soon, I got a few thousand round steel case 5.56 boxes back in Feb for 240ish a pop, they can go for 650 right now. I'll still have enough for personal use in any possible boog, but I'm definitely gambling on Teflon Don sliding a win. I'm not partisan, my observations are that everyone blames Trump for corona/shutdown/etc but his opponents are all lukewarm on Biden, I think even with all the fud it'll be an incumbent win. If I'm wrong of course, ammo prices will fly away into the sky forever.

[Anonymous No.22190386]

>>22186511
Imagine not accumulating with these prices

[Anonymous No.22190434]

>>22186511

This is bullish. Time to buy.

[Anonymous No.22190525]

>>22186511
2 more days of this bleeding will occur.

[Anonymous No.22190528]

>>22190434
hell yeah i am nigger

[Anonymous No.22190544]

>>22188382
Not just manufacturing, the service industry has been wrecked and that's a huge portion of American workers. Waitresses and entertainment venues and gym staff and all those kind of people are being laid off. They keep trying to reopen restaurants and scale up and then scaling back down, my server friends have been repeatedly hired and then let go as the restaurants try and fail to get running again. Manufacturing etc collapsing too so it comes from a bunch of directions, and the failure of one sector starts to fail another. I'm in tech, half our consulting contracts have fallen through because the companies we were going to do stuff for suddenly lost revenue stream for improvement services like ours. That kind of thing is happening everywhere.

A lot of people seem to be upset that the economy was ruined because of Don, and then also concerned that we didn't do enough about Corona-chan, and their logic seems confusing to me. Opposite team also mad about economy and blames the libs. Whole lotta fud and blaming flying around, which is business as usual in and of itself, but the scale of things for this particular ride is pretty massive. 40% unemployment, printing money, stimulus checks, this is all pretty unprecedented as far as I can tell. Not sure where it'll land.

No idea how they are making housing prices keep going up, I'm happy for it since I need to do a cash out refi soon, but it's weird; I get that they can adjust interest but who is even buying houses right now? Demand should be destroyed with half the country out of work, I just don't get it.

[Anonymous No.22190586]

Looking back at the data, BTC really hasn't had a single upwards bart action since last fall. It's entirely escalators up and tomahawk missiles down.

[Anonymous No.22190602]

>biz has come to the consensus that the dip is over

yup this is the big one guys, holy fuck why didnt I sell

[Anonymous No.22190666]

>>22186511
https://youtu.be/hRBOnA0ak4w

When the floor has no rug, every bear is dancing

[Anonymous No.22190764]

>>22188382
Because fall is going to see states shutdown again as children and college kids spread disease indoors, the jobs report tomorrow is also prob going to be bad and it’ll only get worst

[Anonymous No.22190899]

You could have just bought shiny rocks.

[Anonymous No.22191053]

>>22190544
Three types are buying houses rn

1) Boomers retiring buying their Dream houses now that they don’t work and kids are out of the house
2) richer work at homers that don’t want to be anywhere near cities due to corona, riots, and not needing to commute anymore
3) market makers that want “safe” investments because tech stocks are too risky even if they’re the sole stocks pepping the economy and the rest of the market is dire

[Anonymous No.22191110]

>>22190544
Where I’m at it’s the Chinese, but it’s been that way for a couple decades. Location location location

[Anonymous No.22191337]

They will manipulate the market to prevent it from actually collapsing as it should based on fundamentals. So don’t panic sells. The market always comes back because America is too big to fail. It’s true we’re in 4th generational warfare with China and it seems like we’re in the middle of collapse, but it seemed like that in the 20’s 40’s and 60’s too.

[Anonymous No.22192340]

>>22189751
I know your pain. I fomod and bought a bunch around 3pm before heading for work thinking the dumping was over.

[Anonymous No.22192343]

>>22187598
Chinese court decided that Chinese companies do not need to honor debt obligations with Western investors in the event of bankruptcy. All Chinese bonds held by foreigners have essentially been rendered worthless. Look up Peking University Founders Group.

[Anonymous No.22192405]

Why dont you guys just sell and buy back in once it stops dumping ? I dont understand the point of watching yourself lose 5 figures

[Anonymous No.22192517]

>>22188205

>/pol/ poster
>absolute brainlet

You glow harder than glowniggers

[Anonymous No.22192548]

>>22187864
You will be gunned down anyways. Unless you have permaculture youre fucked.

[Anonymous No.22192560]

>>22191337
America does not have the will-power to stop a collapse. The initial 600$ checks and stimulus helped curb a lot of the damage in the Middle/Lower class, and the bailouts/loans helped big businesses/corporations. The checks are smaller, and haven't taken place yet in many area's. Add on to the fact, there are still large swaths of businesses/enterprises still on lockdown or on heavy duty (Mask laws, Social distancing bs) that's making them lose money. The small checks coming mid september won't be enough to keep this afloat, they're going to need to go hardcore on the money printer. Especially when, not if; when the 2nd lockdown occurs October-December

[Anonymous No.22193235]

>>22192560
Democrats want to fuck over Republican Executive/Senate by stalling further stimulus so Biden looks stronger.

[Anonymous No.22193599]

>>22192343
The only news I find is from February about them defaulting on bonds and undergoing restructuring, which is presumably the equivalent of chapter 11 in the US. Granted it was $3billion but that was like six months ago. Are there more recent examples?

[Anonymous No.22193889]

>>22193235
Republicans put out a really initial low-ball though. Didn't like that, they should of just kept the 600 going. What the dems are demanding though is absolutely insane, repairing their cities and all the other crap for illegals

[Anonymous No.22194210]

>>22193599
https://www.globalcapital.com/article/b1n45js6yn75xy/peking-founders-keepwell-bonds-fail-to-sail-through-china-court
https://www.reuters.com/article/china-bond-keepwell/administrator-for-chinas-pufg-rejects-keepwell-deed-for-300-mln-bond-redd-idUSL4N2FP01J
https://www.fitchratings.com/research/corporate-finance/pufg-decision-challenges-enforceability-of-china-offshore-debt-keepwell-structure-27-08-2020

Chinese offshore debt is unenforceable.
https://www.bloombergquint.com/quicktakes/how-a-keepwell-clause-protects-china-bonds-or-not-quicktake

Idiots thought they would get a payout from holding the debt of insolvent Chinese companies when they went under. Now they are getting the rug pulled. Turns out, the communist game was rigged all along.

[Anonymous No.22194288]

>>22187598
In fact, the summer long rally can almost be pinpointed to the day some Minnesota cops came into contact with some guy having respiratory issues.

[Anonymous No.22194309]

>>22186511
Yes. The only option is buying crypto shorts then crypto longs on the recovery.

[Anonymous No.22194310]

>>22190764
go back to le reddit you pajeet retard

[Anonymous No.22194331]

>>22188176
This. It will likely occur all the way into next week.

[Anonymous No.22194534]

>>22189215
Not if you hold Fantom

[Anonymous No.22194953]

>global central banks print trillions to stop a crash for a few months

[Anonymous No.22195280]

>>22194210
Thanks, I’ll read them. My experience has been that trusting mainland Chinese is usually a really bad idea, so it’s hardly shocking to me. Unfortunately we’ve given them the keys to the manufacturing engine of the world. Should be an interesting ride.

[Anonymous No.22195318]

Buy scalable coins such as $PHR