/biz/ - Business & Finance

[Anonymous No.23577543]

Anyone else liquidating their position on Nov 2 before this guy sends us into a depression?

[Anonymous No.23577569]

I cant believe this fucking faggot is going to win and cancel the bull run

[Anonymous No.23577574]

>>23577543
How does losing the race send us into a depressions?

[Anonymous No.23577586]

A democratic socialist brought America OUT of the Great Depression. Why would a democrat with minor socialist tendencies CAUSE a Great Depression?

[Anonymous No.23577631]

>>23577586
Shh....don’t explain logic to these /pol tards. Democrats wants to print money to give to everyone will send asset prices to the moon. I’m not a fan for knocking the dollar down a peg or two but at least I’m gonna be on the right side of the trade. Last thing I want is a orange man with and Jared musher representing the Us in the next Breton woods agreement.

[Anonymous No.23577687]

>>23577543
>business and finance
>not politics and queers

[Anonymous No.23577784]

>>23577586
"socialist tendencies" fuck america is such a joke lmao

[Anonymous No.23577787]

>he thinks there wouldn’t be a severe global depression if a certain goy wins the election.

Best start believing in debt deleveragings, you’re in one!

[Anonymous No.23577797]

>>23577631
Typical socialist. Steal from the poor to enrich your psychopathic self.

[Anonymous No.23577840]

>>23577543
This guy will print the dollar into oblivion. It would be stupid to sell your stocks, gold and BTC.

[Anonymous No.23577959]

>A democratic socialist brought America OUT of the Great Depression. Why would a democrat with minor socialist tendencies CAUSE a Great Depression?

Dat public school education. historian Jim Powell argues that it was in fact the New Deal itself, with its shortsighted programs, that deepened the Great Depression, swelled the federal government, and prevented the country from turning around quickly. You’ll discover in alarming detail how FDR’s federal programs hurt America more than helped it, with effects we still feel today. It was the aftermath of ww2 leaving the U.S largely unscathed that allowed it to have it's economic boom decades after

[Anonymous No.23577986]

>Biden will send us into a depression on November 3
>doesn't take office until January
I think Trump will crash the economy (with no survivors) in retribution if he loses

[Anonymous No.23577996]

BIDEN WILL MAKE ALL WHITE MEN SLAVES

[Anonymous No.23578032]

>>23577586
>>23577631
FDR and gay/cringe US-style socialist policies prolonged the depression for the US by nearly a decade. The same depression created by poorly regulated monetary policy.

[Anonymous No.23578038]

>>23577959
>hey I know your “conventional” narrative is pretty well-documented and has been accepted as the general historical consensus but I have this biased propaganda piece that has made me right wing

>maybe you should educate yourself so that you can be “smart” like me

*votes against self-interest*

[Anonymous No.23578097]

>>23578032
Okay continue to deregulate the central banking system retard. Credit default swaps, untaxed HFT, and derivativesare a human right and big government is BAD for business! TRUMP!

You’re literally a fucking retard.

[Anonymous No.23578105]

>>23577543
why wait to sell?

[Anonymous No.23578119]

>>23578038

New deal programs, higher taxes, expanding tariffs on imports and having farmers burn crops did not get the U.S out of the depression. It was the U.S entering ww2 and the aftermath leaving it the only standing industrial power, and the rebuilding of Europe that gave it it's prosperity back.

[Anonymous No.23578131]

>>23578038
>hey I know I can't address anything you or the author say so I will ad hominem and strawman in reddit spaced greentext
>maybe you should be an enlightened individual like me and finish with a generalization

*chops off penis and get's birth certificate
sex changed to female*

[Anonymous No.23578148]

>>23577996
Biden will make all men wear skirts! It's in his proposals!

[Anonymous No.23578165]

>>23577543
I'm just gonna ride this out. I think. If Biden get's in office it's all fucked anyways. I don't know what to think bros, I was relying on this crypto dream. If this faggot gets in that's the end of it.

[Anonymous No.23578179]

>>23577543
Biden would not be my top choice but compared to the retard we have in office the choice is obvious

[Anonymous No.23578202]

Liquidating all stock into into BTC, It's BTC to the moon or suicide.

[Anonymous No.23578227]

Holy shit /pol/ really is retarded. We have ample historical evidence that shows this isn't true. The same data you use to do TA on market history.

I hope you all get real depression and rope for the betterment of society. Y'all are worse than the lob socialists.

[Anonymous No.23578258]

>>23577543
implying we're not already in a depression

[Anonymous No.23578263]

>>23578131

>WHY DIDNT YOU READ THE 354 PAGE BOOK I SENT YOU SO YOU COULD REPLY

I fucking hate poltards and the way they argue

[Anonymous No.23578308]

>>23577631
You are too young to know how government works
>Raise capitol gains tax
>Bezos level folks have 100 million a year team of lawyers to loophole all taxes
>Joe Blow with no money to hire a fulltime tax evader gets fucked in the ass and the middle class has a second boot placed on it's face to keep it down
>Dems sprinkle some money on brown people, not enough to change things, just enough to keep them voting
Rinse and repeat. You have to be 18 to post here.

[Anonymous No.23578353]

>>23577959
>libertarian think tank author WHO ISNT A HISTORIAN

kek

[Anonymous No.23578376]

>>23578038
This perfectly sums up /pol/.

[Anonymous No.23578390]

>>23578038
>>23578097
why do liberals literally have 0 understanding of economics? why do they not recognize that the authorities they constantly appeal to sell them propaganda? why do liberals hate themselves to the point where they damage themselves with their actions/beliefs? why are liberals incapable of independent thought?

[Anonymous No.23578405]

>>23578353

Literally no logical counter argument.

[Anonymous No.23578430]

>>23578263
>WHY DIDN'T YOU READ THE 501 CHARACTER POST SOME OTHER ANON POSTED BUT BECAUSE I'M A TOURIST I DON'T UNDERSTAND HOW ID'S WORK AND I CHOOSE TO IGNORE THE ARGUMENT OUTLINED IN THE POST SO I WILL PRETEND YOU TOLD ME TO READ AN ENTIRE BOOK TO ADDRESS AN ARGUMENT DIRECTLY OUTLINED IN THE POST WHICH I STILL WONT ADDRESS

I fucking hate the way tourist retards argue

[Anonymous No.23578444]

>>23578308
I live in NC. My girlfriend's whole family, fuck the whole town where she's from is filled with retards like you. Not a single one has a job above $50K, health insurance, 401K, HSA, a house or anything in investments. Whenever they get sick they check in to the emergency room. But hur duur, Hillary is evil, Obama is muslim and if Biden is elected we will become a socialist country.

[Anonymous No.23578462]

>>23577543
Just gonna continue mining my badger to be honest.

[Anonymous No.23578470]

>>23578430

I don't care about politics so I'll just answer like you poltards do. OK, BUT WHAT ABOUT TRUMP???

[Anonymous No.23578481]

>>23578390
"The reason the government can't fix things is because they are so poor! If only they had more money!"
Governments financial acuity is converting fiat into debt to other countries.

[Anonymous No.23578531]

I honestly think Biden would be better for the economy but am voting for Trump because I hate liberals and niggers.

[Anonymous No.23578534]

The thing about leftists is they want to live vicariously through the power of the state and bring everyone else to their level of mediocrity while making working class people brunt the burden of financing things for those who don't produce anything, receive pennies on the dollar that they contributed in a subpar governmental service held back by bureaucracy. The break your leg, hand you a crutch and have the audacity to say "See! without me you wouldn't be able to walk".

[Anonymous No.23578554]

>>23578444
>Checking into the ER and not paying shit
Based and fiscally smart. If illegal do it, why not? Giant mega-medical companies need more money! Do your part! Give daddy your allowance!

[Anonymous No.23578571]

>>23578462
>every thread
And that's how I came to know this was a scam

[Anonymous No.23578653]

>>23578097
>I can't understand simple financial instruments therefore they are black magic meant to exploit the heckin labourorinos!
Literally caveman mentality.

[Anonymous No.23578671]

>>23578470
What does trump have to do with FDR's economic policies allegedly lengthening and worsening the effects of the great depression?

[Anonymous No.23578713]

>>23578671

FDR? LMAO but WHAT ABOUT TRUMAN? ARE YOU RETARDED?

[Anonymous No.23578746]

>>23577543
No chance he wins. He got wrecked in the final debate.

[Anonymous No.23578760]

>>23577543
hurr durr if (TRUMP/BIDEN) wins the markets will go (UP/DOWN).
have a system for high, mid and low volatility environments: in times of distress, seek safety assets (US dollar, treasury, gold, long VXX/UVXY), low to mid vol - hold QQQ or SPY.

[Anonymous No.23578763]

>>23578713
the post was about FDR's new deal... Learn how ID's and reply chains work if you want to use this website.

[Anonymous No.23578769]

>>23578534
if only eugenics were a thing 50 years ago. imagine where we'd be

[Anonymous No.23578783]

>>23578763

FDR's NEW DEAL? KEK. You still havent answered WHAT ABOUT TRUMAN? Clearly you don't know anything

[Anonymous No.23578807]

Just a reminder to always think about the narratives the media is NOT talking about. We have been at war in the ME for more than 16 years. Hmmmmm which one of these categories of spending might be able to come down a bit? Hmmm oh it's probably none of them. We ought to tax Jeff Bezos! Amazon will pay for all the social programs we need! Never ever ever question the budget!

[Anonymous No.23578852]

The boring candidate doesn't win the presidential elections.

[Anonymous No.23578863]

>>23578807
discretionary spending is only a small fraction of the yearly total spending. that is only what they vote on, the rest is already written by law

[Anonymous No.23578893]

>>23578783
>look mom I'm moving goalposts again
again, I'm not even the one who put forth the argument in the first place, just interested in discourse but like usual nobody has actually addressed and offered counter arguments to >>23577959

Just go back wherever you came from dude

[Anonymous No.23578945]

>>23578863
I didn't have a nice chart for all spending, but percentage wise this is basically how we roughly spend tax money. I know that our military basically strong arms other nations into shitting deals that are good for us, but I wanted to show this more to the point of "the idea that the government needing more money is why we don't have healthcare/social programs" is just utterly laughable. It is as if you gave a teenager 6 trillion dollars and he said "I am broke" so you promise more next paycheck.

[Anonymous No.23578970]

>>23578893

Still havent answered WHAT ABOUT TRUMAN? Stop dodging the question.

[Anonymous No.23579031]

>>23577543
I don't get it. Why didn't they choose Bloomberg instead?

[Anonymous No.23579034]

>>23578945
>"the idea that the government needing more money is why we don't have healthcare/social programs" is just utterly laughable
This. So much money goes into wars over seas that nobody understands or actually cares about.

[Anonymous No.23579064]

>>23577586
Based

[Anonymous No.23579140]

>>23579034
Yes, but that is the narrative they don't push. "The only way to get enough money for your healthcare is for us to tax these no good dirty BILLIONAIRES!" - said every democrat candidate who's net worth is never under a cool few million. It's those dang rich people who know how to make money! You must give the money to the financial experts in government, we have managed to convert every tax cent into 3 times as much debt! We will take care of you! Here is a cell phone! If you don't want healthcare I will charge you 700 dollars! I will punish the wicked!

[Anonymous No.23579157]

>>23577543
why are /pol/ threads allowed on /biz/?

[Anonymous No.23579184]

>>23579157
Because it's better than the blatant scam threads or the /b/ tier bullshit threads

[Black man voting trump No.23579237]

>>23577543
2nd Term

[Anonymous No.23579250]

>>23578038
>>23578376
Conventional narratives are all propaganda. The only thing that makes them well established is their promotion from centralized media channels who regurgitate non-scientific or non-primary sourced information espoused by coteries of jews.

[Anonymous No.23579294]

>>23579157
this thread is about the us economy collapsing in a few days

[Anonymous No.23579323]

>>23579157
Will probably be banned, but I don't see why speculating specifically on financial policy should be considered off topic. Playing the stock market after all is very much a "finance media narrative" driven game.

[Anonymous No.23579467]

>MALAS83690
kek

[Anonymous No.23579532]

>>23577543
Biden has no chance. Trump is closing gaps in swing states already. Imagine thinking people will vote for the guy that will raise taxes and ban Oil and Gas industry.

[Anonymous No.23579698]

>>23578405
If the new deal wasn’t popular why did FDR blow out the GOP four elections in a row? AND then Truman won a fifth straight term?

[Anonymous No.23579781]

>>23577586
You're regurgitating public school propaganda... No shit a socialist education system would teach that.. But it's been debunked.

[Anonymous No.23579903]

>>23578769
We should give niggers free abortions.

[Anonymous No.23579948]

>>23578945
If i dont get a reenlistment bonus I wont stay in the military

[Anonymous No.23580044]

>>23578807
love it when you fags post this misleading bullshit

[Anonymous No.23580058]

>>23577586
>A democratic socialist brought America OUT of the Great Depression.
that was ww2 faggot

[Anonymous No.23580207]

>>23580044
I WONDER WHAT'S IN THE BUDGET?? COULD IT BE SOCIAL PROGRAMS???

[Anonymous No.23580286]

>>23577543
Probably a good move. Trump's administration was not supposed to weaponize the Fed and this fucked up the economic collapse. Biden will get it back on track and the media is behind him and COVID.

But what do you hold? Destroying cash and finance is the whole point of this, which means new price discovery for everything once a new medium absorbs the old value through the speculation attack Biden will prepare us for.

Other than art objects, I don't see a vessel that can escape the brutality of the state. Maybe gold, but probably not because holding it can just be made illegal. Property is a good luck holding it while you can't raise capital to pay the taxes. There's almost no point in liquidating from what I see. May as well hold crypto and forget I ever had a wallet or try to one day use it, depending on what world I eventually find myself in.

[Anonymous No.23580549]

>>23577687
Speculative internet tokens aren't really business and finance either.

[Anonymous No.23580553]

>>23580286
that's the real quagmire we find ourselves in. there's no way to tell what will hold value after all this bullshit is done. I hold gold/silver/miners/crypto to defend against the destruction of the financial system because these units of value exist outside that system. If CBDCs replace the current system then at the very least we should expect to see crypto take off as government blockchain legitimizes digital currencies. Who knows what kind of regulations will come down on the space afterwards. No way to tell if this Great Reset bullshit will come to fruition. But based on what we've seen from our (((build back better))) leaders, we can definitely expect an expansion of green energy/carbon credits.

[Anonymous No.23580615]

>>23578534
based truthposters

[Anonymous No.23580666]

If he is such an economic disaster, why are all the big money donors backing him?

[Anonymous No.23580733]

>>23580666
so they can buy stocks & businesses cheaper when everything crashes.

[Anonymous No.23580747]

>>23577543
his win is already priced in faggot

[Anonymous No.23580819]

>>23580549
Fuck off to /pol/ retards. Stop coming here after you all get BTFO. Everyone already knows Biden lost.

[Anonymous No.23580857]

I knew big screen smartphones would be huge a decade before they happened. I even knew the underlying OS would be bsd or linux. iPhone is bsd based, android is Linux based.
I knew because I knew what was possible and what I wanted. Same reason I know decentralized finance will be huge and Bitcoin will continue to be at the core of it.

[Anonymous No.23580923]

>>23577586
Yeah nevermind the colossal world war that caused all the major economic powers to be in crippling debt to the US

[Anonymous No.23580925]

>>23580747
>his win
Its not even close. BIG RED WAVE in Nov 3rd.

[Anonymous No.23581004]

>>23577569
No chance he wins
>>23577586
>>23577631
What is “complete COVID lockdown induced Great Depression”

[Anonymous No.23581528]

>>23578038
>votes for a guy that will take your guns and then allow joggers and antifa to terrorize your neighborhood.
Great plan

[Anonymous No.23581995]

I CAME ON BIZ IN 2018 AND ARGUED FOR A UNIVERSAL MINIMUM INCOME IT WOULD'VE COST A MERE 0.5T PER YEAR AND REMOVE ALL EXISTING ENTITLEMENT RACKETS- FROG HEADS SAID I WAS CRAZY, NOW LOOK AT THIS STIMULOUS- 2.5T AND RISING YOU HAVE NOTHING TO SHOW FOR IT A BUNCH OF CORPORATE GIVEAWAYS AND YOU'RE ALL A BUNCH OF ILLITERATE MORONS ! THE END, YOU FUCKS, THE END

[Anonymous No.23582000]

>>23578534
Based and truthpilled

[Anonymous No.23582565]

>>23577586
The largest War in modern history got the US out of the Great Depression, not some shitty "New deal" or stealing our fucking gold.

[Anonymous No.23582933]

>>23577586
> democratic socialist
That term means collective ownership of the means of production achieved through a democratic process, as opposed to violent revolution in authoritarian forms of socialism.
Please stop using your 1984 newspeak adjusted definitions

[Anonymous No.23582949]

>>23581004
now a good time to bet agaisnt him?

[Anonymous No.23583495]

>>23577543
How could this senile pedo sniffer win the election?
He's even less presidentiable than Hillay

[Anonymous No.23583595]

>>23582933
No it literally just means I am supportive of a capitalist system with welfare safety benefits to create a better society society for all.

I don’t care if I have a mansion if any time I go somewhere there’s someone with maggots crawling out of their legs screaming because they can’t afford health care or criminals looking to rob me. If education was more attainable the world wouldn’t be like this.

[Anonymous No.23583641]

>>23577986
Lmao absolutely. The gameplan is going to be to fuck up everything on the way out if he loses.

[Anonymous No.23583647]

NOTHING WILL HAPPEN LIKE USUAL FFS PEOPLE STFU IT WILL DIP MAX 10% AND THEN WE MOVE ON

[Anonymous No.23583685]

>>23577543
It doesn't matter who wins.

Bitcoin will go up.

[Anonymous No.23583788]

>>23579532
Imagine thinking companies wouldnt vote for Biden to purposefully shake the market and get cheap buybacks. Imagine thinking Biden will actually raise taxes without working in over 9000 new loopholes. Imagine thinking he'll actually ban oil and gas when he needs to get weekend at Bernie's'd onto helicopters and planes every other day.

[Anonymous No.23583952]

>>23583685
Yep. No need to worry about anything else.
Biden wins, economy crashes, btc stays fine.
Trump wins, nationwide riots. economy crashes, btc is fine.
Dump your fake fiat burgers for fake internet money.

[Anonymous No.23583975]

>>23577586
lol

[Anonymous No.23583986]

Imagine exiting all your positions the day before Goldman Sachs' boy is getting the nod never change your fucking retards. I'm going all in on leveraged weapons contractor stocks personally.

[Anonymous No.23584008]

>he thinks stock market is decoupled from btc
You are about to watch the great dump if Biden wins anon

[Anonymous No.23584007]

>>23583595
Fair enough, but that isn't socialism. It's "socialized" healthcare, education etc.. "SOCIALISM" is the collective ownership of the means of production.
These kinds of 1984 style word games are a huge problem in my opinion. I'm not blaming you, I'm sure you're just repeating what you've been (incorrectly) taught.

[Anonymous No.23584139]

Leftists are niggers who should not be allowed to vote without owning property.

[Anonymous No.23584189]

>>23577586
Great bait mate honestly

[Anonymous No.23584255]

>election results start coming in
>Biden leading in battleground states
>Trump tweets about fake rigged election and jailing ballot counters
>SPY opens at 565 on Nov 4

[Anonymous No.23584385]

>>23579157
mods want us to be more like 8kuck

[Anonymous No.23584414]

>>23583595
Education cannot correct for 100% acceptance of cultural practices that break the social contract that you perceive as the American way of life. Failure to defend and Western Humanism is what brings about most of the nightmare you're talking about. Biden's team is howling for relativism and will eventually slide things that way.

[Anonymous No.23584457]

>>23583595
Thats not democratic socialism dude. What you want is actually closer to national socialism lmao.

[Anonymous No.23584486]

>>23577631
your ignorance is monumental. by estimation... you have about 4 years of knowledge in waiting. this should bring up to date, releaving you of your MORON status. Good Luck Son.

[Anonymous No.23584552]

>>23578119
Ike did what FDR claimed
TR did what Obama promised

[Anonymous No.23584849]

>>23577543
I sold everything a week ago, going 10% gold, 10% silver, 80% cash. fuck ya'll niggaz