/biz/ - Business & Finance

[Anonymous No.49984044]

>Since 1900, the average recession has lasted about 15 months.
is this what everyone is shitting their pants over?
just ONE year of line not going up, followed by several years of line going up again? kek doomers act like this is the end of the world or something shake my head

[Anonymous No.49984073]

the economy isn't good just because gdp increases yoy

we've been in an economic depression since 2008

[Anonymous No.49984082]

It's a once in a lifetime opportunity, for the third time in 2 decades.

[Anonymous No.49984103]

>>49984073
>the economy isn't good just because gdp increases yoy
/pol/ incel here, please explain
>It's a once in a lifetime opportunity, for the third time in 2 decades.
elaborate

[Anonymous No.49984153]

Zoomers and Millennials are shitting their pants because they don’t remember the dot com bubble recession and the Financial Crisis was the second worst recession in history. So when most Zoomers and Millennials only remember 2008, they start to panic. Boomers and Gen X are freaking out because they remember unemployment went to 10% the last time the Fed had to defeat inflation and the markets tanked

[Anonymous No.49984320]

>>49984044
They're shitting pant because although you can come out of recession quickly it can take literal decades to retake ATHs. And guess where most normies bought their bags?

[Anonymous No.49984337]

>>49984103
consumer sentiment is lowest it has been in recorded history in the US

[Anonymous No.49984344]

>>49984103
You get the chance to get in at a generational bottom and secure a legacy within a single lifetime.

[Anonymous No.49984591]

>>49984103
What a faggot Jewy thing to type.

[Anonymous No.49984629]

>>49984044
Unless they try to fix it by raising interest rates, you won't get a chance at buying the bottom.

[Anonymous No.49985409]

>>49984337
That's unironically a bottom signal cause normies are financially retarded

[Anonymous No.49985499]

>>49984044
You know in a way we've been in a recession already. It's almost over.

[Anonymous No.49985511]

>>49984320
Meh. Just buy the lows. Simple as. People that don't buy when a recession has ended are simply retarded.

[Anonymous No.49985529]

The upcoming recession is the recession to end everything. The Second American Civil War, the global economy imploding, Chinese takeover, nuclear war. The line will never go up again. Sell everything and buy food, supplies, and ammo as soon as you can.

[Anonymous No.49985585]

The bottom is in already.

[Anonymous No.49985664]

>>49985529
Doomer fanfiction.

[Anonymous No.49985836]

>>49985529
*nothing happens*

[Anonymous No.49985895]

>>49984044
this isn't "average recession", it's mega depression

[Anonymous No.49986062]

>>49985895
Literally everyone says this during the bad times

[Anonymous No.49986974]

>>49985585
this
Nothing ever happens

[Anonymous No.49987037]

its not the time period that is important, its the magnitude of the moves

in history, its taken decades to recovery to some ath's

remember that -% moves and +% moves are not created equal. the negatives are exponentially more impactful the larger they get

[Anonymous No.49987278]

guys
I kinda like globohomo
it's pretty comfy if you're not a retard with your money (aka not /pol/fags)

[Anonymous No.49987534]

>>49984103

GDP does not directly correlate to qualify of life for citizens, but the growth of GDP is the sole metric that determines if we are in a "Recession". Fact of the matter is that while "GDP" has increased, the amount of shit you can buy with it hasn't. "Slow" GDP growth is effectively negative, since currency inflates and populations increase. Of course you should expect more dollars in activity if there's more people in the game and more dollars floating around. A recession with sound money is bad, a recession when they are juicing the numbers with funny money is a goddamn catastrophe.

>Once in a lifetime event for the third time.

You really have to have been there to truly feel and understand. If you had a job that made you king. People literally selling the shirts off their back to keep their homes. I literally 30 nice dress shirts for $100 off a guy who lost his office job and needed to keep up the mortgage payments. Houses lost 30-50% of their value depending on the market and held that way for a solid 5 years. I bought in in 2011 and pay less to buy my 4BR than a 1 bedroom costs to rent. The changes were absolutely insane, and they FELT so far from the ordinary, but shit like this just keeps happening. Obscene bubbles and massive crashes all the goddamn time.

[Anonymous No.49987655]

>>49984103
GDP only matters to G-d's chosen. The thing that actually affects real people, real terms income, has still not recovered to pre-2008 levels.

[Anonymous No.49987750]

>>49984044
All it takes is a month's worth of a recession for employers to decide to lay off employees who spent their entire lives until that point working that job.
Back when I worked at a grocery store in high school I remember one of the cashiers used to be an engineer. And at the company I've been working at as an adult we had a Telecom guy who took a job working as a regular call center agent during an industry downturn despite being qualified / experienced with a 6 figure salary technical position.

[Anonymous No.49987805]

You don't get shit. Most normies think btc will take a week or two to recover because it's their first cycle and their long term plans are in the scope of one year or less.