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

/biz/ - Business & Finance


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27132447 No.27132447 [Reply] [Original]

I'm getting hard 1929 vibes.
Something big gonna happen, and it won't be good.
We're literally at peak of retardation, every retarded homoid entered the market
>muh eat the rich
while they silently cashing out.

>> No.27132602
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27132602

all according to kekaiku

>> No.27132714

Biden is fucking us entirely so probably

>> No.27132729

>>27132447
These things don't happen by accident. 1929 was caused by the Fed contracting the money supply by 1/3rd between 1929 and 1933. FDR's Son-in-Law explained exactly how they did it. The plan was always to confiscate gold and silver and replace it with fake paper.

>> No.27132731

>>27132447
>We're literally at peak of retardation,
not yet, son. you haven't seen retardation yet.

>> No.27132757

>>27132447
>We're literally at peak of retardation
Wait until more stimmies pile up on top of that

>> No.27132775

>>27132447
Yeah, I think you’re right. Probably soon

>> No.27132843
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27132843

>>27132447
Wait, you were around in 1929 for the vibes?praise kek. Faith Based.

>> No.27132867
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27132867

>>27132447
>We're literally at peak of retardation
Hopefully we're just before the peak, at "Newton buys back in with more money"

>> No.27132910

>>27132447
Any shit with Taiwan will crash the markets worse than covid and it'll fucking stay crashed. I'm thinking of buying puts in semis maybe even Taiwan semiconductor as the ultimate hedge.

This reddit meme team isn't based and instead should have SHORTED twitter to dirt after censoring canceling blumpf. Instead they prop up some shit consoomer reddit corp.

>> No.27132937
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27132937

We aren't even close to peak tard levels yet. It will get way more stoopit.

>> No.27133009

>>27132731
I've seen Doge mooning the hardest ever. I know about Doge pump cycles but it never pumped that hard that fast. And don't come with
>muh there is now more people active
And afterwards, to cash out, they had to pump BTC, or do you think it was just coincidence?
>muh, Musk is one of us
absolute retardation

>>27132757
I actually think that was the plan the whole time. Give them some shekels so the upper (medium (in reality non-existen)) class feel overconfident and spend the shekels in the market while the same of always start silently to cash out. Have you watched S&P for example? It's literally screaming that exactly that is happening.

>> No.27133032

Newfags actually believe the Markets are gonna collapse during The next 4 years of easy money, insane social justice spending and a decaying dollar, with the current climate I’ve never been more bullish on btc and eth and I’ve been in since 2014

>> No.27133139

>>27133009
Rates are low, there are no other asset that generates above inflation returns. Stocks are here to stay forever at high valuation.

>> No.27133228

>>27133139
>new paradigm

>> No.27133321

>>27133228
Yeah seriously, didn't the same thing happen in 1929? The market became more volatile as more and more people bought in with leverage.

>> No.27133516

>>27133228
yes, infinite money supply is the new paradigm, and normgroids are just now learning about throwing their monopoly funds into stocks. it will take them quite a while to figure out that they should buy other shit with their gains

>> No.27133620

>>27132447
I pulled out of stocks trying to get out of my memes.

>> No.27133811

>>27132447
We're getting there. I've seen several people in my own life (who've never expressed any prior interest in investing) FOMO into the meme names this week. Anecdotally, the retards in my life think this is their time.

However I don't think we've reached peak 'tardation, yet. Especially now in the face of zero-rates and free money. Once the retards the retards you know know are suddenly interested, then we're close. Something about seven degrees of retardation. Thoughts?

>> No.27133813

>>27132729
This time they can blame retails and hedge funds as well as banks and then themselves. Will be a big kumaya fuck fest we are in this printer brrrrrr together.

>> No.27134061

>>27132447
Does bitcoin crash with USD or will it rise?

>> No.27134132

>>27133811
You've got a point and we clearly live in a more retarded environment than back then. However, the absolute retardation of retardism is after the first crash when it goes to "back to normal" and all the "waiting for the dip" retards come in.
But is this next week? Or in 1 month? I don't know... I think we're very very close. We're right now in the historically most volatile months.

>> No.27134263

>>27133139
>stocks become de facto currency backing

>> No.27134851

>>27133516
Unless enough of them get cold feet and panic sell...

>> No.27135107

>>27134263
I read a paper on this that came out like 2016 or 2018. Basically the US equities market is a global deflationary asset because it always grows.

>> No.27136064

>>27132602
Its keikaku 計画 you uncultured pig

>> No.27136220

>>27135107
your grandparents bought a house for 60k. That same house is now 400k. Cash is trash. Diversify and wait. What else do you need to know?

>> No.27136515

>>27136220
>Diversify and wait
Yes, you agree with me. You've illustrated the drawback of deflation: people all just hold and wait.

>> No.27137873

>>27135107
Yes, until it stops going up.
Exactly as 1929-1934 when prices fell 90%

>> No.27138082

>>27137873
look at an inflation-adjusted version of that chart. It's not nearly as bad. Dollar cost average, keep adding to your position, buy the dip, you'll be fine.

>> No.27138150

>>27138082
Yes, if you hold for 50 years.
Not if you need even 1 cent during those 50 years.
A very often forgotten/purposedly not called fact

>> No.27138173

>>27132447
So you're saying there's going to be anudda shoah in ten years? Thank God for that!

>> No.27138203

a modern market crash just causes savers to lose to inflation dont kid yourself the fed will pump anything back to normalcy within a month of any massive movement. including rolling back gamestop to $20 - already the democrats are getting involved and will get it done through political pressure

>> No.27138296

>>27132714
If only Trump had won for fucks sake

>> No.27139628

>>27132447
Accelerate...ah only joking. Its just 4th turning stuff playing out. Enjoy the show and stay safe. 1930's when?

>> No.27139765

>>27138296
Actually, he did win. Globalist bribes and got their useful idiots to change public opinion.

>> No.27139890

>>27133228
But seriously why would it crash? Why would anyone take their money out and put it anywhere else? Fiat? Inflation kills your purchasing power. Savings account. Inflation kills your purchasing power/low interest. Crypto and stocks are the new banks.
Yes. When the economic catastrophe which is coming strikes people will need liquidity and cash, so there will be a crash. But it will be a flash crash which will recover in a year because the Fed will still be addicted to low interest knowing if they raise rates they pull the life support plug on the zombie corporations which only survive because of it. The economy is totally utterly fucked because its jewed to shit on cheap interest leverage and loans. Only safe haven is an international decrentralized e-currency - i.e. bitcoin. Its going unironically to be fucking massive.

>> No.27139973

>>27132447
Why don't we dress like that anymore

>> No.27140026

>>27139973
Because we're a dead degenerate society.

>> No.27140100

>>27133009
>feel overconfident and spend the shekels in the market
It's just human psychology that we don't give a shit about money we didn't earn. Easy come easy go, people get stimmies and have no hesitation betting it all on black whereas they would not do that with hard earned cash

>> No.27140145

>>27132910
What does some irrelevant shithole have to do with our stock market?

>> No.27140174

>>27140100
Correct, look where that happens at the bubble chart.
History never changes, nor human psychology.

>> No.27140251

The market can stay irrational much longer than you expect. Although right now, it isn't exactly irrational to be buying assets when rates are at 0 and the dollar is becoming worthless.

There'll be a lot of continued euphoria this year too as the world starts opening up again. Markets are largely about psychology and how do you think market confidence is going to change when we see images of young people partying again, people going on holidays, festivals/concerts, sports events, etc etc. Not for the worse thats for sure.

You want to be taking profits but this is nowhere near done.

>> No.27140385

>>27140251
>There'll be a lot of continued euphoria this year too as the world starts opening up again
There's a weird fog of war now because of Covid and people expect everything to get magically fixed as we get vaccines. I wonder what happens to the market when those hopes are crushed

>> No.27140480
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27140480

>>27132447

>> No.27140604

>>27140385
Dude covid practically disappeared last summer with minimal acquired immunity and no vaccine. We now have 90%+ effective vaccines being given to all the vulnerable and way more acquired immunity from infections too

The coof is unironically done

>> No.27140624

>>27139890
>Why would anyone take their money out and put it anywhere else?
I mean you could buy gold/silver/commodities and whichever of your scenarios comes true you win. Either The stock market collapses, inflation is only mild, your gold gains are also mild and your commodities investment are stable. Or it goes to hyperinflation and those commodities skyrocket.

But by all means keep feeding the bubble.

>> No.27140633

>>27140251
lol if you think lockdowns won't continue through the rest of the year

>> No.27140670

A lot of people on this board talk about a major correction coming soon. I don't get it. We had the biggest correction in history by far less than a year ago, why would it crash again? I mean I get that bidens retarded polices will have an impact on the market, but I don't see why it would crash again a year after the covid crash

>> No.27140743

>>27140633
US states are already opening up things and the Cuomos of the world are flipping their stances on lockdowns since the orange man left

>> No.27140765

someone post the meme chart

>> No.27140834
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27140834

>>27140251
While I completely understand your point, I would also like to know from you where you think that we are on the classic stock bubble chart.
We have
>Media attention
>Enthusiasm
>Greed
>Delusion
>"New Paradigm"
All of those are applicable with the GME, BB, NOK, Robinhood, ... situation

Also, what you seem to forget is that the market movers are not retailers... The market movers NEED the liquidity of retail to cash out heavily in profits. Do you actually think they will miss this opportunity because
>muh they promised everything will be back to normal in October 2020, no more lockdowns, ...

>> No.27140904

>>27139890
It ain’t Bitcoin bub
It’ll be xrp

>> No.27140979

>>27140834
My point isn't that there isn't (probably) a big major global crash coming at some point in the next 2-10 years. My point is that expecting it to happen right now because of a meme chart and because some tiktokers have been buying stonks is flawed thinking

>> No.27141092

>>27140604
Yes but people still blame it for everything. That's the thing, what happens when they realize they can't blame it anymore and everything is just genuinely fucked

>> No.27141112
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27141112

>>27140979
This isn’t the big one, but it’s in the wings. 11 year bull market with a 2 month “bear market” in the face of a 8% GDP drop and 20% increased M2 supply and 10T added to the fed’s balance sheet with no signs of stopping soon is an unsustainable model. However, the dollar has to die before stocks do.

>> No.27141195

>>27140979
Why exactly is it flawed thinking?
I'm not saying it's gonna be this monday, but very very likely before this summer.
I'm not saying this was the top, but it actually could be.
>meme chart
It's human psychology chart, that you can see exactly on every single market that has crashed. Are you saying human psychology is a lie?
Otherwise your
>muh that's a meme chart
does not make any sense

>> No.27141197

>>27140834
>First Sell off
Covid March crash
>Media attention
MSM screaming for months about the stock market gains despite covid
>enthusiasm
Gains all around, people steadily making money
>Greed
Getting gradually more greedy during the pump and dumps
>Delusion
Thinking that the GME event can keep repeating
>New paradigm
Believing the above
>Return to "normal"
Economy opens after covid, everyone expects things to start picking up
>Fear
Economy is fucked after lockdowns, China has gained ground, economy recovering slowly

>> No.27141255

>>27141112
There will be a mini dump because of this gamestop shit and the market will recover until next year when the real dump begins.
Lockdowns will end in the spring/summer and peak retardation will take over.

>> No.27141302
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27141302

>>27140145
>What does some irrelevant shithole have to do with our stock market?

where the fuck have you been the last week? you might as well ask what a politically incorrect board on a mongolian anal fisting forum has to do with presidential elections or governmental responses to novel viruses.

>> No.27141348

>>27140979
After all those freshly unemployed peasants will not be able to pump actual value into economy next Christmas and Covid inflation is visible to the naked eye, the Real Crash begins.

>> No.27141388

>>27141112
The only way dollar loses reserve currency status is with crypto. Nothing else works, euro is shit, nobody has faith in yuan, SDR is a delusion, digital currencies launched by governments will be local and won't work for international trade. Kind of feels like most people will just stick to dollars until they start bleeding dry

>> No.27141433

>>27140604
You're from Australia or New Zealand, right? Either those or fantasy land because covid is still here

>> No.27141470

>>27138082
>instrument prices falling 90% is totally fine bro just hodl and buy the dip

absolutely braindead.

>> No.27141582

>>27140904
I'm XRP all the way anon, but any crypto fits the bill he was talking about.

>> No.27141738

>>27141388
>crypto
Checked.
Call me crazy, take my meds, w/e.
See these threads popping up?
>Shill me x token
>Redpill me on x anons
>What are you top alt picks?
3 of the latter. Now these could be the shills of said coins subtlety marketing to reddit, but maybe we can assume that's a bit too high iq and meta.
I think this is research being done. There are eyes on this site that were not here two weeks ago.
People are going to build positions during the coming months.

>> No.27141777

>>27139890
>Why would anyone take their money out and put it anywhere else?
They wouldn't do it because of better investment options, but out of desperation. Once people lose their jobs they are forced to sell to pay for food and housing. Or to pay for more education as the job market becomes more competitive.

>> No.27141793

>>27132447
Nothing is going to happen.
Nothing ever happens.

>> No.27141810
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27141810

>>27132447
The Great Reset is upon us, but we have the opportunity to turn the tides and use the momentum against them if we buy physical silver

>> No.27141862

wasnt there a famous guy that supposedly said he sold when he heard the shoe shine boy give stock advice before the great depression

>> No.27141871

>>27133813
don't care
1 BTC = 1 BTC

>> No.27141895

>>27132447
So what should I short?

>> No.27141898

>>27141862
Yes. It's the most clear as day sell signal.
>>27141777
checked

>> No.27142001

>>27141895
ford dropped 60 cents and i made some dosh on that, it could go all the way down to ten OR its bottomed and will rise again and 10.50 is not a bad price point but idk im a retard

>> No.27142025

Test

>> No.27142026

>>27132447
Told you fags years ago

https://esotericawakening.com/the-scam-and-how-it-works

/thread

>> No.27142083

>>27141862
Yeah, JFK's dad

>> No.27142114
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27142114

>>27141810

>> No.27142151

>>27132447
You're retarded.

>> No.27142206

You people are retarded. China will not let the USA fail, it's too soon. Try again in 10 years.

>> No.27142221

>>27132447
Not silently. All the indexes are red. Play the volatility or don't but you gotta exit either way.

>> No.27142299

>>27142221
With silently I obviously meant that the media attention and pretty much all eyes are looking towards a completely different direction.

Slightly explained here >>27140834
>The market movers NEED the liquidity of retail to cash out heavily in profits.

>> No.27142329

>>27132447
>And then one day, for no reason at all, people voted Hitler into power.

>> No.27142455

>>27138150
Sounds like a good retirement plan

>> No.27142485

>>27142299
You are a retard. 1929 will never happen again. Back then the dollar was actually backed by gold but nowadays the dollar is backed by fucking nothing so they can make as much of it as they want. A crash also won't happen they are printing too much.

>> No.27142615

>>27138296
Trump was part of the destabilization plan you stupid fuck. Give up already. Daddy won't save you.

>> No.27142673

>>27132447
>Something big gonna happen, and it won't be good.

Something huge is going to transpire, and it will be bad.

A big event will take place, with negative results.

Huge things on the horizon, awfulness will ensue.

>> No.27142694

Just have cash at the ready. Whether market goes up or down, you can make money.

>> No.27142816

>>27141793

This

Americucks too busy watching apeball

>> No.27143189
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27143189

>>27142485
>Back then the dollar was actually backed by gold
...
...
Is there actually still people thinking that it actually ever was backed by Gold? Hey, ask them to audit their gold reserves nowadays. Oh wait, they don't even allow other countries to take their gold back that they're storing there.

Yes, back then you could change USD for Gold, or Gold to USD. That does not mean that it EVER was backed by Gold.

Or in a simpler form so even you understand it.
If it ever was backed by Gold, why did they get off the Gold standard during the Great depression when everyone was changing USD for Gold?
Was it maybe because they knew they had not enough Gold reserves?

>> No.27143894

>>27139890
>But seriously why would it crash? Why would anyone take their money out and put it anywhere else? Fiat? Inflation kills your purchasing power. Savings account. Inflation kills your purchasing power/low interest.
>but muh inflation
always this same tired argument. Yes, inflation will kill your purchasing power in the long run, however, holding cash for 1-2 years will have little to no effect on your purchasing power. It is much better to hold cash for a short time and lose maybe 1-3% of your purchasing power than to FOMO in to a massively overvalued stock market where you risk losing 50% or more. And you do know that there are other assets you can buy that are not valued so high right now, like gold and silver, commodities etc

>> No.27143910

>>27140904
Can you imagine if it were Doge and then we have to explain this to our grandkids?

>> No.27144047

>>27140251
>There'll be a lot of continued euphoria this year too as the world starts opening up again. Markets are largely about psychology and how do you think market confidence is going to change when we see images of young people partying again, people going on holidays, festivals/concerts, sports events, etc etc. Not for the worse thats for sure.
OR, this is the perfect example of buy the rumor sell the news.

>> No.27144130

>>27140670
>We had the biggest correction in history by far less than a year ago, why would it crash again?
Not true, it was literally over in 2 months. It should take years to recover for it to be a real crash

>> No.27144249

>>27144130
Is that conventional wisdom even applicable when nowadays the printers work overtime churning out trillions

>> No.27144376

>>27136220
>infinite growth on finite planet
You sound like a boomer faggot

>> No.27144451

>>27132729
based
https://m.youtube.com/watch?v=n_JahIpwCXs

>> No.27144604
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27144604

>>27140670
You aren’t looking at the bigger picture.

You are entering the peak of a civilization founded by deception. Before the virus you were knee deep in faux liberalism fronts from meetoo and every socially jarring event before it, to nationalist strife GLOBALLY.

Google the “flapper” movement and look what’s in store for society the next several decades. Nothing has changed.

>> No.27144739

>>27140670
It’ll probably go up due to it being clown world. I remember the surges last year despite so many being unemployed

>> No.27144830

>>27144604
if you want to understand what is happening in real time and what is going to happen watch the greatest story never told. We are watching it happen literally beat for beat

>> No.27145756

>>27132447
>>27133811
One thing to note here is that central banks pumped trillions of dollars into circulation last year. Even now there might be more rounds of stimulus and with influx of retail traders a lot of it will go into stocks/crypto. Crash is coming but they might delay it for a very long time. Always remember markets can stay irrational longer than you can stay solvent