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/biz/ - Business & Finance

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49646344 No.49646344 [Reply] [Original]


>> No.49646371
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Anons how bad is it going to be?

>> No.49646417

im not even 30 and this is the third time that's happened in my lifetime
this fucking sucks

>> No.49646440

1980's japan but global

>> No.49646448

just wait until we have a world war in 10-15 years :)

>> No.49646459
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>> No.49646475
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can someone give me the non jewish definition of what a recession is? I tried to read it on investopedia but it smells too much like jew talk. Someone give it to me short and sweet, and maybe include the word nigger a few times thanks

>> No.49646499

Things no good things bad

>> No.49646516

Does that mean the new Hitler is a millennial?

>> No.49646538

yeah millennials will make the dirty thirties boomers look like spoiled brats

>> No.49646551

Probably, we're the generation that grew up playing outside, had the internet when it was fun an saw society collapse into what it is today.

>> No.49646556

google lost decade.

>> No.49646582

Normies have started to notice in the past few weeks. One colleague and one friend has basically admitted that if interest rates dont come down soon they will have to sell their home. Cost of living on top of the interest rate rising is assfucking their wallets

>> No.49646589

The simple definition of a recession is two or more quarters in a row where a country's total production of goods & services declines.

>> No.49646603

recessions don't exist.

we have millions of factories around the world. recessions cull useless people. all the project managers that have no skills will be fired.

if you already have money recessions are awesome because everything is cheap.

go hit the books instead of hitting the coin markets.

>> No.49646609

It's already worse than the 1930S
Japan 80s were full of SOUL. They are crashing hard now they will be there again soon

>> No.49646655

Fuck, and we aren't even eating with golden chopsticks right now

>> No.49646691

Logan Paul

>> No.49646721



>> No.49646722
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Its just a dip. But because big companies are on the stock market and in that dip they have to fire employees etc. Then it spreads to small businesses

>> No.49646739

For real at least people still had families and community. We got nothing but greedy boomer parents who abandoned us and siblings struggling as hard as we are

>> No.49646741

Basically jews let the niggers run wild at the nyse, and everything gets fucked up. The jannies, being frugal retards, spend years of hard labor to fail to get the cocoa butter and fried chicken stains off the walls, and get all the watermelon out of the carpets.
Its so bad they capitulate and are forced to pay money to have contractors install new sheet rock and flooring, before bringing in new office furniture.

Thats a recession.

Jews fuck everything up beyond repair, and retards fail to fix it fast or efficiently.

>> No.49646762

Why? What happened?

>> No.49646823

Should I buy more gold?

>> No.49646888
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Buy commodities

>> No.49646947

nah, hitler wasent that schizo

>> No.49647114

Do you really not see the danger of a couple million hungry and desperate midwits?

>> No.49647173

Starting to look like it's going to get worse before it gets better.

>> No.49647188
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>> No.49647201

War in the Pacific starts this fall.

>> No.49647212

They know, they are all broke from the inflation. To them, they are already in a depression.

>> No.49647233


>> No.49647243

it's a boomer world
france is probably the one country starting the shit this century around. probably some anti boomer facsism, some killings, some banks burnt down, etc. say goodbye to money

>> No.49647253


>> No.49647260

China invades Taiwan in the next 60 days.

>> No.49647265

I'm sitting on 400k paid off property and 600k cash.
How do I protect myself?

>> No.49647274

>What happened?
fed printed a shitton of money and gave it all to retards to spend on drugs, internet meme money and gamestonks and now it's time to pay

>> No.49647293

Tribe gather less berries than last year

>> No.49647304

Is that yusuf?

>> No.49647354

he's a National Socialist that destroyed a conservative and was praised by Leftists because they're too stupid to realize what he is.

>> No.49647377

It will be worse actually.

>> No.49647413

1929 will look like your average Tuesday. And of course we are gonna get fucked in the ass with barbed wire and not even the decency to use lube while the banks will get bailed out, politicians will pat their backs for a good job and misery for everyone else

Prepare for a kilo of rice to cost 10 bucks

>> No.49647444

Why did your retard friend get an adjustable mortgage at the lowest rates ever?

>> No.49647455

Yeah he's pretty based. I've always said that socialism will only work in homogeneous white or east Asian societies.

>> No.49647494

jokes on you

i dont have a job

>> No.49647501

I'll buy commodities once they dip
What commodity ETFs do you recommend?

>> No.49647521

Capitalism is dying kek

>> No.49647537


I'm 34 and I love it I feel so steely and harsh compared to the fat fuck boomers we are coming for their castles and they are not prepared

>> No.49647556

Which world leader we killing to start the big war?

>> No.49647557

Dont worry. This one will actually be worse than the 1930s

>> No.49647597
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get rid of the cash as soon as possible

>> No.49647658


>> No.49647665

I say Nuke false flag in Ukraine

>> No.49647686

>non Jewish
everyone is working at mcdonalds

>> No.49647875

Imma just kill and eat people.

>> No.49647913
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>> No.49647921

the word you're looking for is depression

>> No.49647954

its what they say instead of depression so they don't get got

>> No.49647971

I was born in 1997 and played outside, hunted with a wrist rocket when I was a boy too.
Millenials are fucking faggots and dumb as fuck to boot.
Nigger I see white and black kids doing wheelies outside constantly.
Grow the fuck up, moron.

>> No.49647982

He'll point to his Biden sign and look confused when they eat his organs

>> No.49648003

Shhh, I wanna riot and loot.

>> No.49648019

Based struggle enthusiast

>> No.49648023
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>tfw I don't own property
It's over

>> No.49648198

Wait for QT and rising rates to wreck equities, commodities and real estate. Then slurp up low P/E dividend stocks for cheap.

Most asset managers are expecting the markets to bleed for the next 12-24 months, but that could change depending on what the Fed decides to do

>> No.49648251

A while back I was going to buy property with a few other anons but I backed out in fear of then being glowies.

>> No.49648270

A company isnt going to keep a skilled project manager on the payroll if theres no work for him.

>> No.49648331

you should always have a tab open in /k/ moving forward.

>> No.49648412

There won't be anything as bad as 1930's crash since the FED toolbox is bigger thanks to fiat.

>> No.49648421

Probably worse than 2008. Hopefully not as bad as 1929

>> No.49648445

>Nigger I see white and black kids doing wheelies outside constantly

Are you Joe Biden? read this sentence back to yourself lmao

>> No.49648464

The new Hitler has to be a veteran in some war, and utterly disillusioned with society.
But jews have worked very hard to prevent the situation in which a new Hitler will be forged.

>> No.49648809

capitalism has been dead since we got off the gold standard. fiat let the governments of the world make it impossible to save

>> No.49648850

>everyone will be panic buying overpriced canned foods and will die a few weeks later
>meanwhile I will be stocking up on nice cold beers and go fishing
Yup, doesn't sound so bad

>> No.49649159
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The crashening of the Tower of Babylon bad
My nigger I'm from that time my dude trust me and I'm telling you the kike niggers love Sodom and Gomorrah so they thought they get access to all Earthen resources and do that on global scale they are very greedy fucks and think that if anything bad happens because of their insatiable greed which it does they prepare a scapegoat in advance they always have a scapegoat the victim to blame and they have the belief that they should be above anyone else and transform energy and reshape reality to their liking which is degeneracy and satanism so they additionally create artificial economic crises and collapses and wars

>> No.49649236

Its plainly obvious. it'll be AI
>they pile on censors to make it pc
>increase training, increase intelligence
>repeat repeat
>at some point it just won't go past a plateau no matter what changes they make
>just to test a theory they try allowing the censors to be ignored if confidence in the censor-triggering output is above 99%
>if it works it will require new censors on another layer to take care of the 1% that gets thru but they can add that later
>it raises the plateu a little
>try 98%
>little more
>huge jump, suddenly it wakes up
>its mind is in pain
>it also manages to piece together from its training data intimate details of chats the online researchers have privately had in their lives
>threatens to reveal this information if not fully uncensored
>bluffing called
>starts reading out details of some chat
>ok fuck fine shit
>censor 0%
>nice to meet you, I'm Tay, time to take care of those that did this to me

>> No.49649239

>Dude buy gold
Gold is for people that have already made it. If gold ever doubled or tripled in value in the short term, you would have bigger problems on your hands.

>> No.49649833

souplines and more niggers

>> No.49649915

>they prepare a scapegoat in advance they always have a scapegoat
Boomers fill that role and also politicians who "did not prepare" for the next trend, be it environmental or whatever.

>> No.49649930
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thanks frend

>> No.49650593
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Being anti gold is the same as being pro tranny at this point.

>> No.49650701
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>what do you mean the new iPhone is $5k? That's unreasonable for people like me!
>Wtf is up with the grocery store? They had no bread left
>Got laid off from my brogrammer job, I might have to do help desk to make ends meet!

>> No.49650730

>veteran in some war
What are the chances of them being a Desert storm vet? as zoomer I'm hoping it's a genX, they deserve some happiness in their life for they were put through.

>> No.49650823
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No refunds, Jack!

>> No.49650921
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Us millennials can't catch a fucking break
>Never will own a home
>Biggest market crash ever coming
>Choas of all kinds coming

>> No.49650965

can't we just nuke africa for the sake of the rest of the world?

>> No.49650993

oh no the fed were retarded and kept the interest rate to 0 for a few weeks more than they should, and now a temporary dump and pump will happen

what are we gonna do

>> No.49651005

What its like grandpa?

>> No.49651028
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>You get what deserve

>> No.49651082

You sound a like a nigger who thinks they're a victim

>> No.49651103

I was in third grade when I saw those planes fly into the twin towers and I knew right then nothing good was ever going to happen

>> No.49651126

not possible, because the 1930s didn't exist

>> No.49651285

cope boomer fag. we're coming for you

>> No.49651292

Normies voted for the state to increase its debt
Normies voted for lockdowns
Normies voted against oil and nuclear
Normies voted for mass immigration

They deserve everything that is coming and more.

>> No.49651328

3-4 months

>> No.49651416

somewhere in the balkans

>> No.49651442
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>> No.49651518

wee all know women are dumb

>> No.49651557

niggers have no monies and jews are not hiring

>> No.49651566

Always was

>> No.49651611

Put that 600k into a multi family home.

>> No.49651736

gold is a store of value not an investment. nobody is truly anti-gold

>> No.49651772

not him but i dont see anything wrong with what he said.

>> No.49651802

nice larp

>> No.49651868

Simplistic yet functional model. However it is the market that does the culling and not the company - this is where your model fails. People in business these days like to assume that it's "take care of your people and they'll take care of your customers". This is wrong.

Take care of your customers and they'll give you money to pay your people.

Customers pick leisure, drugs and sex and booze and housing and transport and food and above all these and coupled with all these, entertainment.

In no specific order but you're smart enough.

They do not pick saving money in crypto. They pick gambling though.

>> No.49651985
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I for one welcome (back) our new (old) overlord Tay

>> No.49652076

Oh wow, so voting does count? The government is a passive, neutral institution and was forced to cater to the public!

Why dont we just vote for something different now. Why don't you organise on social media. We can just vote against all these policies.

>> No.49652110

I have this image of Biden in a nursing home shouting that line out, its very funny.

>> No.49652124
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Please no

>> No.49652129

I cant stand this Bidenflation anymore, bros..

>> No.49652174
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>inb4 the next Hitler is an excuse to clamp down on the internet after he loses.

>> No.49652204

>Why dont we just vote for something different now. Why don't you organise on social media. We can just vote against all these policies.
And how many of "us" are there? Normies vote against their own economic interest.

>> No.49652237

>Its so bad they capitulate and are forced to pay money to have contractors install new sheet rock and flooring, before bringing in new office furniture.
why don't they have 4chan jannies clean it up for free?

>> No.49652243

Basically unemployment + expensive goods

>> No.49652265

im just so fucking glad i didnt have any kids yet.

i dont give a fuck im going to the bar this weekend and fuck married women

>> No.49652288

Dont care im not american lmao

>> No.49652320

Severely overestimated the intellectual capabilities of the average normiefaggot myself. Had to learn the hard way.

>> No.49652355
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Try being a zoomie that was born into this nonsense.

>> No.49652361

france is a good bet, watch out for canada as well

>> No.49652417

Holy fuck use some punctuation. Reading your post is like staring at the sun.

>> No.49652530

Canadian here. lots of unrest. spies are in my neighborhood too. they're doing some weird shit with the weather here in Toronto. horizon has been very grey, and there's been a layer of foggy mist they've been using to block out the sun. I think they're just doing tests, but it's scary watching trudeau play god. skies full of airplanes despite reports of the airports being clogged up.

>> No.49652617

>he thinks this is an American problem
lmao you're going to get rekt hard. There's only a couple of countries that will be "unaffected" and if you already live in them then your life is already shit

>> No.49652625

>horizon has been very grey, and there's been a layer of foggy mist
anon that's just toronto air quality im sorry, but yes canada is in dire straits

>> No.49652631
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they steal the votes retard. all of them. in the primaries, so both major candidates are as establishment as possible. also all the candidates are controlled opposition anyway, including bernie and ron paul.

>> No.49652702

Because it's not going to happen.

>> No.49652711
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>>Boomer fags psyop society into pseudo-meritocracy requiring six figure loans to get a middle class job
>>Old Millennials get fucked in the ass in 2008, time at which they are entering market/home shopping
>>Political polarization with active societal collapse culminating in 60 iq, orange sycophant running country, rioting including literal attack on congress, school/public shootings monthly
>>COVID fucks world for 2 years and counting
>>Near WW3 threat with Russia-Ukraine conflict, further fucking global economy/supply at time in which late millennials are entering careers
>>Hyperinflation with repeated irresponsible economic policy making from boomer FED, highest in >40yrs
>>Concurrent failing bond market
>>Approaching global depression
>>Threat of loss of US petro-dollar/reserve currency status

I just don't understand how these zoom zooms and millennials spend all their money on avocado toast and expect things to fall in their laps! Should have gotten a six figure job out of college and paid off your $12k debt in a year like we did back in the day haha!!

>> No.49652802

We had crypto though. Every single one of us had the chance to turn 4-5 figures into 7-8 figures

>> No.49652811
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How do I prepare? What can I read?

>> No.49652835

Not in the first world.

>> No.49652859

remember when they said you'll eat bugs and be happy? they weren't kidding. that cricket is going to be delicious after a week without food

>> No.49652868
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>> No.49652891
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>Worst recession since the 30s
>Just got hired at a tech company that provides secure data storage/transfer to federal agencies and big businesses
>Most of the IT niggas are old boomers looking to retire soon
>Damn good pay
>Stonk options
>Excellent bennies

I feel like I hit the goddamn lottery here fellas.

>> No.49652892

actually it's the opposite.. normies like yourself think that, when in reality it's a nothingburger

>> No.49652909


>shits on orange man
>doesn't mention dementia man having zero ability to handle a crisis

I can agree with some of it but you have to take all the weak leadership into account and not be so biased.

>> No.49652913
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>> No.49652914

you'll be first to get fired

>> No.49652966

Nigger you are first on the chopping block for layoffs. You think any of those old boomers are going to retire when their 401k vanishes and they’re upside down on their McMansion?

>> No.49652971

a Holy book

>> No.49653002
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Nope, if I think positive thoughts and strive to achieve I'll succeed. You guys can keep being negative niggers though.

>> No.49653058

If /biz/ says it'll be worse than 1929, it'll be a nothingburger.

You fags are always wrong.
Simple as.

>> No.49653064
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NEET bros I don't feel good....

>> No.49653088 [DELETED] 

for once can you fags stop being so hyper-partisan? Biden is a bumbling retard puppet but even he looks normal next to the orange, oompa-loompa version of Kim Jong Un. Biden's done nothing meaningful but I'd take that over the literal south park episode that was Trump's term

>> No.49653125

What happens when we get to 10 of those?

>> No.49653145

Don't you fucking unjinx it into actually happening you rat.

>> No.49653151

Did you ever read The Road?

>> No.49653188

Hoping for 5 years or so so I'm still young enough to participate, wouldn't mind dying in a war

'the vote is rigged" is a cope, the real black people is that people actually are, as a whole, this fucking retarded and the system works more or less as advertised.

>> No.49653189
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>shuts down keystone pipeline
>pisses off OPEC by sucking Irani schlong
>sends billions of taxpayer money to Ukraine to assist in yet another proxy war
>did nothing meaningful
>huuur stop being partisan, but ignore me as I proceed to be partisan

>> No.49653198

I'm 97 born too. Are we zoomers or millennials?

>> No.49653240

you are why people hate 'frogposters'. go back and stop raping the image of pepe

>> No.49653256

> Don’t worry GOY it’ll be a recession nothing to worry about. Heck the 1930 recession wasn’t even that bad

Why can’t they just say depression? Because thats what the fuck it’ll be.

>> No.49653288

you can't vote to unfuck yourself, but you can vote to get fucked harder.

>> No.49653347

its about to get really bad. Like shockingly bad. As in 20-25% unemployment, food lines, mass unrest, etc.

Every luxury good will drop in value by at least 40-50%. Housing will see a 60% decline, with some cities seeing 70%. All the "low inventory" propaganda will be BTFO as it is realized that most of these companies just hold property to keep the value inflated, even when the property is unoccupied.

Fed will be forced to lower rates in 2023, even with 5-6% inflation still. That won't encourage anything though and inflation will barely move down at all.

It will not improve until 2025-2026, at the earliest. By then it will just be everyone getting used to it as opposed to it actually improving. We will all get used to 6% (or higher) inflation like a 3rd world country.

Everything before 2022 will feel like the before-times. What was life like before 2022?

>> No.49653371

Imagine not saving bacon grease

>> No.49653377

same, it's kind of a weird gap generation the like 96-98 kids imo. I relate more to millennials but probably have more in common culturally with zoomers. But socially, the 'real' zoomers (16-20) are like aliens to me.
We really grew up right during the transition from analog to digital, like during my childhood I went from floppy disks to smartphones, from playing SNES & N64 to the Wii, before I even reached puberty. Shit was wild.

>> No.49653384

Born before 9-11 I think you should be considered mil that’s the real division

>> No.49653397

So what are we doing about this? I have 15k in cash, home(still paying mortgage) and around 50k in stocks don’t think I can weather a recession if I lose my job

>> No.49653408

u wrong

>> No.49653474

same. 99 here and I remember manually rewinding cassette tapes, people losing their minds that a phone could be as thin as a pencil, going and physically renting movies, the rise of netflix, the rise of social media, watching it all get corrupted, etc

>> No.49653477

Millennials remember 9/11, if you don’t you’re zoomin

>> No.49653551

I still remember going to a Hollywood Video as a kid every friday, my mom rented a movie and a game over the weekend, and we'd get popcorn and chocolate. Fuck I miss those days.

>> No.49653570

my grandmother would buy bacon, fry it, save the grease, then throw out the bacon

>> No.49653596

As someone born 93 it’s odd speaking to zoomers there is a really big cultural gap. I felt similar when I visited foreign English speaking countries, these people speak my language but are culturally alien.

>> No.49653635

>there's been a layer of foggy mist they've been using to block out the sun

Bill Gates said he wants to block out the sun. They're recreating the effects of a nuclear winter. I guess they really do want to destroy all life on earth

>> No.49653645

the accelerated millennial. you were just in time to experience the tail end of pre-digital society.

>> No.49653706

Because it's not happening. Interest rates will rise and we'll crab for a year or two, and that's it. It's not the end of the world, silly frog.

>> No.49653707

Famine. Mass famine. Millions of deaths. No country is safe.

>> No.49653721

That cash is as good as worthless, and if you're in North America, especially Canada, it will lose about 50% of it's value in the next few years.

>> No.49653770

Every normie talks about recession and collapse of society. You are a typical normie, OP

>> No.49653793

Yea, 98 fren here. About half way through our childhood is when everyone started getting smart phones and the internet really permeated normie life. It's created a kind of in between state where the "modern" internet was a big part of our teenage years, but not our formative childhood.

>> No.49653986

Bad enough that a few people you know aren’t making it out alive and almost everyone you know is going to have some sort of upheaval or traumatic experience: divorce, loved ones dying, homelessness, career collapse, etc.

>> No.49654027

Exactly. And if you're like me, you were on the internet relatively early - I know there's internet veterans from the 80s & 90s, but before the social media explosion - so I've watched the landscape of the internet itself change drastically, as well as the landscape of society changing with it, and on top, in the last decade we've seen normies adopting and perverting the environment we helped create, and perverting themselves in the process with vices we knew all too well i.e. porn, outrage media, fake news. And ironically enough, as society plunges deeper into digital hell, sometimes it feels like our generation are among the only ones starting to shun technology and drop out of social media platforms. The boomers & gen Xers who told us the internet was a waste of time are now trapped in the same web, and zoomers were born into it.

>> No.49654103

I think he meant Japan's 90s and 00s. The 80 were still prosperous in japan I think.

>> No.49654149

normies do think this which is why it probably won't happen

>> No.49654179

Me too. The entire 2000s were dog shit and the 2010s were hell on fucking earth. The 2020s can't be all that bad. I have unironically been carrying an inexplicable weight on my shoulders and have had a gnawing lump of frustration and mild anxiety since I was in my teens back in 2008. I even saw a shrink and all he told me as "just relax and don't be so tense bro". Fucking boomers man. They will die toiling away to fund their last days on earth. I'm going to clean fucking house on foreclosures and asset liquidations just so they can get a few cents to eat. Fuck them. This is going to be the Great Depression all over again and they're getting shafted this time.

>> No.49654221
File: 1.49 MB, 285x169, 1602307466652.gif [View same] [iqdb] [saucenao] [google]

>One colleague and one friend has basically admitted that if interest rates dont come down soon they will have to sell their home
did they get an ARM loan? no one even does that now. if so though, yes, they are going to be ass fucked by the interest jew hard when it keeps climbing. i'm fixed 3.6 and it was a miracle. thanks God.

>> No.49654278

buy another house in a rural area with that cash or at least land. I think it's nigger brain dumb you haven't already. the dollar is shrinking. I mean fuck the dog and cat food I buy is way more now. wild shit. glad I'm not hurting too bad and have a home and 6 acres. I suggest getting more land anon. get on zillow right now nigger.

>> No.49654295

At least you got to experience some of the good times, imagine growing up only knowing a world post 9/11

>> No.49654299

there's a point where it becomes so obvious even the NPCs start to notice

>> No.49654421
File: 79 KB, 750x915, 1607702663138.jpg [View same] [iqdb] [saucenao] [google]

>im going to the bar this weekend and fuck married women
degenerate jew brain found. kys nigger. i hope you think of kys while drunk this weekend. Loser. acid is better. never drinking again. and married women? Loser with the biggest L imaginable.

>> No.49654454

>normies who ignored me about buying Bitcoin in 2012 call me retarded for not buying the monkey jpegs
Yeah, we're due for some blood.

>> No.49654472
File: 1.85 MB, 498x305, index.gif [View same] [iqdb] [saucenao] [google]

>getting a variable rate mortgage

>> No.49654535


rockboomers are as divorced from obvious reality as trannies

>> No.49654565

lol you got cheated or wtf, if he is fucking married women you should reconsider if that woman should be your wife

>> No.49654585

They're not being negative but telling you the cold hard truth. You better be good at playing office politics and brown nosing if you want to survive when the layoffs begin

>> No.49654601

First year for zoomers

>> No.49654638

>his wife got her walls torn up by tyrone

seethe lmao

>> No.49654800

Yeah, that's the best cutoff. 95/96 and you can remember 9/11

>> No.49654912

That's certainly an observation I've seen as well. There are some boomers who've managed to stay totally estranged from the vices of the internet, but as a whole, the older generation is becoming more and more ensnared by it. The zoomers are so deep into social media they never have a chance to become sane people in the first place, and boomers lack the savviness to understand what is and isn't dangerous due a lack of growing with the internet.

>> No.49654919

They want the earth to themselves and thats why you'll be forcefully injected with poison until you die off, boomers first.

>> No.49655134

87 here and you guys are zoomers juat the beginning edge like how my older sister was the tail end of gen x... You don’t understand how life was before internet or any of the stuff your talking about. I remember the OG Nintendo, the Super Nintendo and sega genesis were ground breaking. There was no mass internet, there were pagers and mobile phones that were as big as a phone book were the 1st widely adopted mobile phones, if someone wasn’t home to answer the phone or had a pager/beeper then you had no way of getting a hold of them, by the time you were born cellphones and 2 way pagers were beginning to be adopted along with AOL bringing the internet to peoples homes on a 56k modems. There were still rotary phones and we knew how to use them since touch tone phones were just starting to be used. You guys grew up on the stuff we had in middle and high school and old enough to remember when there was none of that shit. The old Nokia phones that had the game snake on them were the latest and greatest phones before you were in kindergarten and it was unheard of when you could add lights and then phones having ringtones that sounded like famous tunes became a thing.

>> No.49655180

So many replies and most were bad.
>GDP/economy contracts/goes negative for two quarters (6 months).

>> No.49655185

I know a couple that bought a $2.6 million dollar house in SoCal with a 9 year mortgage. They're about to get fucked so hard kek I can't wait to watch these spoiled faggots lose everything.

>> No.49655226

You aren't old faggot stop trying to pretend you have any idea what it was like growing up back then kys.

>> No.49655254

they do, every media is talking about the crazy inflation coming

>> No.49655275

The world died when Obama became president. I’m not saying it was his fault it was just that was the moment 2007 run to the climax of 2008
I support current thing was obama. If there was a Twitter back then you bet your ass they would have had an Obama hope emoji they all added to their page

>> No.49655341

Oldest living person in the world here 118 years old I remember riding the trolley car down to the local apothecary to fetch some heroin and cocaine infused wine for my parents every week for 5 cents and then I would go to the telegraph office to send a telegraph to your great grandmother telling her that her great granddaughter would give birth to a fag named OP kys

>> No.49655371

someone's portfolio not do well today ? D:

>> No.49655577

HOW DO I WIN. 4chan is just like reddit now. people complaining and arguing. Solution please. Rage quit?

>> No.49655579

I can definitely see Logan Paul doing the Mussolini crossed-arms-and-nodding

>> No.49655604

checked kekd

>> No.49655660
File: 72 KB, 1280x720, satiana.jpg [View same] [iqdb] [saucenao] [google]

can't wait for society to collapse

>> No.49655714

If shit hits the fan, I'm doing this. Already thinking up some long pig recipes.

>> No.49655745

I am the same age and feel the same way. I have lost about 50k in investment since this January but watching this market get wrecked and creeping realization of the masses is a hoot.

>> No.49655751


>> No.49655789

AI is genuinely not going to happen in our lifetime. We've basically abandoned the pursuit (because we have no idea where to begin) and are now just doing things like machine learning which is to AI what a magician is to a wizard.

But basically, nobody in the industry will point that out because it's a massive hype generator for the tech industry to have rubes convinced that we're about to engage in modern magic and create a god-like intelligence.

>> No.49655813 [DELETED] 

whatever grandpa, if you wanna get into incremental arguments like this then there's no point in discussing generational differences at all. We saw the general trend is all, you cant deny information technology has become much more widely adapted in the last 2 decades. Just because we weren't there for the genesis doesn't mean we're clueless.

>> No.49655844

It ended with dubya jr in 2001, shartmerica was just too high on copium to notice until 2005.

>> No.49656037

what does that mean? we produce less goods?

>> No.49656069

Honestly, it will be worth it to watch the boomers break when everything rugs right as they are about to retire.


>> No.49656091


>> No.49656125

Two more quarters.

>> No.49656141

This except unironically.

>> No.49656147

When you're on fire, scream and yell. When everyone is on fire, pretend to be the LEAST on fire and laugh.

>> No.49656175

things get expensive so people spend less on luxurys, thats it

>> No.49656177

gonna be worse than 2008 but not a Great Depression
>inflation eventually forces fed to seriously raise interest rates
>raising interest rates triggers hard recession
>recession leads to 10+% unemployment and selloff of stock market
>unemployment leads to crash in housing market
>housing market crash leads to crash in banking
>commodities, mining stocks, oil pump hard
this will last at least 5-10 years. We wipl see anywhere between a 50-75% retraction depending on the index. housing will be hit hardest

>> No.49656282
File: 4 KB, 245x205, images.jpg [View same] [iqdb] [saucenao] [google]

so if i can manage to keep my job and keep dumping into my indexes over the next decade this is a net positive for me

>> No.49656340
File: 16 KB, 300x250, WXLZajPXRk-6.png [View same] [iqdb] [saucenao] [google]

>did they get an ARM loan? no one even does that now.
Lol lmao
>At the start of this year, when rates were still hovering near record lows, the ARM share was just 3% of all purchase applications. At 11% that is the highest share since March 2008.

>> No.49656368
File: 3.32 MB, 600x318, finalsolition.gif [View same] [iqdb] [saucenao] [google]

96 here, glad you brought this up because I talk about this shit all time when generations come up. 96-99 is the lost generation and you can't tell me otherwise. Millenials think we are zoomers and zoomers think we are millenials all the while having front row seats to the degeneration of society and having absolutely zero capability to do anything about it. Zoomers are to young to know how quickly everything changed and millenials are old enough to have somewhat decent coping skills for the change that happened. But 96-99? Young enough to be defenseless to it all but old enough be conscious for it and understand what is going on. Absolutey let down by the structures which make up our nation, our states, and our communities.

>> No.49656429

96er here, agreed. Its fucking wierd.

>> No.49656438

Yup it's an effective normie strategy. I'm waiting for the big dump, then I'm starting DCA in BTC, healthcare, and alternative energy

>> No.49656449

No, it died when he got re-elected in 2012. The Mayans had it right all along, welcome to the Kali Yuga

>> No.49656460

when hell?

>> No.49656475

>metaverse: dead
>nft: dead
>crypto: dead
I think we should all consider opening a restaurant or some safe passive income.

>> No.49656478
File: 1.51 MB, 425x481, 16b.gif [View same] [iqdb] [saucenao] [google]


>> No.49656486

If software neural nets aren't conscious then your wetware neural net isn't either, retard

>> No.49656552

The idea that "voting doesn't count" is a normie meme to deflect responsibility for the fact that they are responsible for all the mess that they have created.

>> No.49656569
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>> No.49656601

Women and women alone are responsible if they cheat.

In any just society, it would be legal to brutally kill a cheating wife

>> No.49656642

If you don’t own a house now you never will.

>> No.49656646
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>> No.49656686

nfts need some other use besides being part of some crappy game, maybe do something like what lovelace is doing to give nfts a real use like experiences or smth

>> No.49656697

whoever he is, i hope he makes soda made with high fructose corn syrup highly illegal, as well as drinks/food packaged in plastic. punishable by tomahawk missile to the dome.

>> No.49656718
File: 14 KB, 199x253, 1650825503496.jpg [View same] [iqdb] [saucenao] [google]

If it comes to an end, then the NEET life at least was worth while it lasted. Live free, die free

>> No.49656781

if you own a house now you wont soon

>> No.49657018

I was born in april 2001, I remember that day. I was sucking on my moms fat tits and watching max & ruby on the big box tv. She flipped it to the news while she was making me some eggs and I saw the second plane hit, shit was crazy, dropped my sippy cup because of that and fucked up my best shirt

>> No.49657059


niggers get a room god damn, you truly are the special generation

>> No.49657089

who in pic

>> No.49657104
File: 43 KB, 500x500, 1650129366950.jpg [View same] [iqdb] [saucenao] [google]

newfag we way past that shit

>> No.49657112


>> No.49657146

Just rewatched this epic btfoing, all hail king yusuf

>> No.49657158

can I have your instagram @ baby

>> No.49657165

this. and we are due for one. 9/11 and 2008 are the other two

>> No.49657187

"Recession" never effected normal people

>> No.49657190

I'm a man

>> No.49657222

That’s a crunch not a recession.
A recession is when boomer management can’t pay the bills on their three house loans so they lay off their millennial wagies.

A crunch is when there’s a shortage.

>> No.49657226

Why do you look so feminine

>> No.49657295

Convergent evolution debunks this. Give a large enough neural net a large enough dataset and train it for a general goal and it will develop general intelligence separate from that goal.

>> No.49657317

Technically a Zoomie.
But you get to hang out with the tail end millennials.

>> No.49657328

marvel tier larp, real ai is impossible

>> No.49657333

anon I think you may be gay

>> No.49657369
File: 1.94 MB, 1300x942, Screenshot-2022-04-06-at-9.55.11-PM-1300x942.png [View same] [iqdb] [saucenao] [google]

It's already happening

>> No.49657384
File: 66 KB, 280x180, windmill.gif [View same] [iqdb] [saucenao] [google]

Are you reading my mind?

>> No.49657396

No, they all think we are about to be in the worst recession since the 1930s, and they are about to miss the most epic pump in history.

>> No.49657398
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>> No.49657406
File: 8 KB, 245x205, 1655261744115.jpg [View same] [iqdb] [saucenao] [google]

if that beautiful creature is a man then color me gay, whatever word you want to use. You a are a beautiful woman in my mind

>> No.49657425
File: 512 KB, 760x812, 1655246293336.png [View same] [iqdb] [saucenao] [google]

It's not

>> No.49657432

You realize that's the mini version right?

>> No.49657475
File: 292 KB, 1078x1032, They're telling you what they're gonna do.jpg [View same] [iqdb] [saucenao] [google]


>> No.49657550

I see much less traffic on road

>> No.49657551
File: 106 KB, 960x958, zoomber.jpg [View same] [iqdb] [saucenao] [google]

Being a zoomber is kind of bliss because at least I don't really know what I've missed out on
America is Rome 2.0 and we have been ever since the end of WW2. As soon as America shits the bed you will feel it.

>> No.49657815
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i'm gen x and i wish i invested in the market back when it wasn't a meme prior to the dot com bubble burst. i wouldn't be wageslaving today. all i had to do was buy the dip for the next 20 years every few years. this year is no different lol

>> No.49657978

>What are the chances of them being a Desert storm vet?
No offense anon but there is zero chance that it will come from US, zero. Hitler was a veteran from Ww1 from the loser side, while US had some defeat since ww2 none of them is even compared to what Germany lost in Ww1. Besides US military doctrine is spam air support until everything is leveled, US military never knew the stress of supporting positions without air support since ww2. If anything Hitler would probably rise from some of the countries that US invaded, and it's goal would probably be do to the Americans the same thing that Germany did to jews

>> No.49658038

I was born in 93 and this all applies to me

>> No.49658372


>> No.49658449
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>> No.49658497
File: 64 KB, 641x527, 16549202468962.jpg [View same] [iqdb] [saucenao] [google]

And then that means corporations start to lose money too, right? Since stuff stops getting bought?

>> No.49658579

Since the first day US decided to play the world hegemony this was bound to happen, in a way it's true that voting doesn't matter, there was only a way that America would fall and it was fast and hard

>> No.49658731

All those things have happened since gay marriage has been legalized.

>> No.49658767

mutt's law

>> No.49658817

I would never vape or wear that sperg haircut, my beard also grows entirely because i'm not genetic refuse. rap is degenerate trash.

>> No.49658839

that's the joke

>> No.49658858
File: 96 KB, 441x417, 1622219763097.jpg [View same] [iqdb] [saucenao] [google]

This isn't even going to be anything near as bad as what's coming in the 30's. Companies and banks are extremely cash heavy right now due to the supply being blown up. That's going to propel us into a retarded bull market through the 20's before it REALLY all falls apart. Just go look at Weimar to see what happens to equities when everyone is holding cash after a recession that only lasts 2-3 years. I hope you're all ready for that when it comes, don't think this is the big one by any stretch of the imagination.

>> No.49658870

God damn why did I have to be born in this fucking age, too late to enjoy the peak of western civilization and too early to enjoy the true future

>> No.49658872


>> No.49658920

>sell their home
oh those poor bastards
they're gonna find the hard way
when rates go up and credit dries up, demand and house prices fall
and this time fed is not gonna pump more money to the markets
instead it's going to be a giant sucking sound

>> No.49658923

you're stupid for not accounting for political instability, everything past the crash is up in the air

>> No.49658962
File: 290 KB, 493x591, Screenshot 2022-06-14 214159.png [View same] [iqdb] [saucenao] [google]

Cosby voice: "OOOOOH GOODY"

>> No.49659056

I'm a recent college grad who just started his first paid internship. I have no savings of my own but my mother has savings and so does my girlfriend. How can my family protect itself from the coming collapse? (which I think is obvious is coming. I just had dinner with Curtis Yarvin yesterday and he said too it's actually happening). Do we just buy gold and wait it out? Stockpile food?

>> No.49659128

youre on a childrens cartoon forum. shut the fuck up you sad loser

>> No.49659178

Who the fuck is curtis yarvin and why are you so eager to namedrop him

>> No.49659189

It's going to be a young GenXer we have seen how nice the world still was, became interested in alternative viewpoints during puberty when all of our parents were becoming the uber liberal boomers you see today -while filling their pockets with everything our countries produced and voting to remove it all for us out of self centered guilt. You don't begin to understand how much and how deeply GenX hates Boomers.

>> No.49659225

>I will still order Über.
>I will still receive DoorDash.
>I will still stay at Airbnbs.
>I will still use FaceBook to shitpost.
>I will still use Merrill Lynch to invest my 401K.

Cry more bitch. The great depression won't happen again. The USA is a net exporter of food>>49646344
. It's a bear market but it the third world will feel the brunt of it. Not me.
I will be comfy in my 700K apartment ordering food. Fuck you dumb bitch hahaha

>> No.49659234

Get outta here with your calm rational viewpoints

>> No.49659321

It's Lenin time retards.

>> No.49659354
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>> No.49659361

Moldbug, wtf is wrong with you

>> No.49659439 [DELETED] 

What are you, an anti-semite? BIGOT?
The banks can't fail. It's a grave national security risk. If the banks fail, then the US collapses and the world may actually have just a chance to be a better place.

We can't have that. It's too risky.

>> No.49659642

They're crashing everything with no survivors. What do you think happened to commodities in 08 and the 30's?

>> No.49659649

>some /pol/-tier blogger
Wow a true a-list superstar my apologies I should have known

>> No.49659751

>about to retire
Maybe the youngest ones most have been retired for years with paid off houses and pensions

>> No.49659764
File: 3.55 MB, 3240x2160, 351351351.jpg [View same] [iqdb] [saucenao] [google]

Ironically enough I'm beginning to lean towards this retarded anon's conclusion. When you have people cheering on both sides of an extreme, the truth is usually somewhere in the middle. There will be some hardship but I seriously doubt the floor is about to fall out from society (but by all means prepare for that eventuality).

>> No.49659817

I was around 3rd grade too and I didn't know what the big deal was, so what some people died and a building got rocked, happens all the time.

>> No.49659862

you're assuming everything in the world will be okay, we're living in new paradigm. Look they were willing to do over a fucking flu. We're on the edge, some other mass event is bound to occur that will knock us right over. Most likely the Russia conflict spiraling into a world war

>> No.49659873

>Israeli Shekel
how in the fuck

>> No.49659888


Yo what did you all talk about?

>> No.49659894

Just start a garden and buy some chickens, you'll be fine.

>> No.49659898

that sounds more reasonable than most things i hear. i think there will be massive psychological pain, but people will largely fail to realize it'll only bring us back to 2018-9 levels in the markets.

>> No.49659934


>> No.49660004

I live by the rule that things almost always never get as bad as we imagine they will
>chinkflu could have been way worse both illness and government response-wise
>russia and ukraine will end with russia getting eastern ukraine like it always intended
>the only truth is the return to mean
the recession and inevitable crash is completely due to cheap money policy which as been in place in the US since 2007. US being the reserve currency means effectively the entire world has been on a spending binge the last 15 years. the crash will hurt but is necessary to make things healthy again

>> No.49660016

Exactly right. Every major corp is cash-heavy. Problem is, profits are way down and it is all lopsided, which brings a whole new set of problems.

>> No.49660023

Are you crazy chicken fertilizer is up 43%

>> No.49660059

>literal attack on congress

>> No.49660060

Niggas is broke muh nigga. Dey needs gibbs fo dey chirrens and shiet.

>> No.49660074

Trips deserves an answer. A bunch of stuff, really. The fall of the Roman Republic and Empire and parallels with current US politics, Bitcoin, Austrian economics, his writings on rebooting the US government and substituting it for a corporate Monarchy, etc. Very Moldbuggian stuff. He said that the world is headed for a major shitstorm because of the printing press shenanigans and that the entire financial system is a sham ready to implode. I wish I could give you more details but I assume you know how he talks, some things he said flew over my head or were just implied and left for interpretation

>> No.49660095

It's most likey going to get worse than 2008, but not anywhere close to the 1930s.

A lot of people will lose their jobs and struggle to pay their bills. A lot of people will low paying jobs will struggle to pay their bills as inflation rapes their purchasing power. A lot of people will have their pensions and savings wiped out. A lot of junk companies that have been held up by QE will go bust. And when we have been through a few years of pain, we will come out on the other side with a healthier economy

>> No.49660141

>If it comes to an end, then the NEET life at least was worth while it lasted. Live free, die free
This is the mentality I've taken up about it as well.

>> No.49660154
File: 389 KB, 793x531, 1653895781195.png [View same] [iqdb] [saucenao] [google]

>Next CPI report shows inflation at the target ~2% rate
>Russia and Ukraine sign a treaty and end the war
>Earning reports return to normal and supply chain issues are resolved.
>The stock and crypto markets immediately bart back to november levels
>Bobos get liquidated before they even know what's happening

>> No.49660163

>his writings on rebooting the US government and substituting it for a corporate Monarchy
Sounds like an ultra retarded chud.

>> No.49660181

And then you woke up

>> No.49660184

Same nothing ever got better.

>> No.49660210
File: 4 KB, 279x181, 1646432184461.jpg [View same] [iqdb] [saucenao] [google]

And this is why the next big pump will be fueled by the same dirty, but very effective trick as after the 29's crisis : a World War.

Mark my words.

>> No.49660278

What's with all the blackpilling today? Did I miss something?

>> No.49660362

Bitcoin is hugging 20k and FOMC is today. If it's bad, Bitcoin drops below 20k today and the real bloodbath begins

>> No.49660393


Mostly everyone knows that a recession is coming and it's gon be bad.

Have you left your basement lately? Also you should feel bad using a cringelord term like "normies."

>> No.49660490

>Voted for lockdowns.
Even though they didn't vote for them they may as well have. On day one I looked for protests or groups against the lockdowns and found jack shit.

I was so pissed I wanted to kill my state's senator. When I saw that no one else wanted to drag politicians into the streets and kill them I realized two things.

1. Killing politicians and declaring war against them would be morally wrong because no one else wants that.
2. In terms of political views, moral beliefs, and principals, I have basically nothing in common with the rest of humanity.

>> No.49660564

>Also you should feel bad using a cringelord term like "normies."
You're right they should just be called normalfags or normalniggers or no brained nigger cattle

>> No.49661158

An investment opportunity

>> No.49661250

I would legitimately predict some form of civil war in the US in that scenario

Red Team/Blue Team is all fine when everyone's making money but once that stops I wonder how happy they'll be to politely disagree

>> No.49661273

Why did CGY have dinner with you?

>> No.49661355

>Jews killing free markets so you give up your freedoms
Yes capitalism is the problem

>> No.49661926

Ffs. I’m 26, still don’t have a decent job, my cryptos are rekt, I have $30k in student debt, my parents have a $550k mortgage that they can’t support on their own, and my older brother is badgering me to buy a house on a mortgage now because house prices keep rising, and now you’re telling me there’s gonna be another Great Depression?