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

/biz/ - Business & Finance


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50544211 No.50544211 [Reply] [Original]

Ethereum merge date confirmed.
Bobos get btfo

>> No.50544245

shoo shoo dcg jeet

>> No.50544275

>>50544245
The only jeet here is your hairy sister

>> No.50544291

>>50544211
>"we've punished and abused you goyim enough for now"
>"if you behave like a good goyim, we'll let you eat the crumbs off the floor, for now"

>> No.50544320

>>50544211
This is total bullshit. They know God damn well we're heading into a recession if we aren't in one already. Last GDP release was red. If in 4 days the GDP release is negative again, this woman should have every academic title stripped from her and she should have to do a walk of shame down Wall St. where people get to pelt her with actual bull shit. And this is still better than she and all these other economic false prophets deserve.

>> No.50544339

>>50544320
Crypto has been bearish since May 2021 and the usa has been in a recesion since January

>> No.50544361

>>50544339
we have literally been in a recession since the 80s

>> No.50544371
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50544371

>>50544211

>> No.50544375

>>50544211
This is what they say to prevent panic while they dump their bags

>> No.50544378

>>50544320

Projections point to very low but still positive GDP growth in Q2. But we won't know until the official figures are released.

>> No.50544401
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50544401

>>50544320
idk here nasdaq log chart adjusted for inflation. Looks kind of oversold lol

>> No.50544415

>>50544211
Uh oh top is in, i'm market selling all my BTC to dump on link.

>> No.50544431

>>50544211
Wouldn’t it be nice to have a job where you can just lie and be wrong over and over for your handlers?

>> No.50544432

>>50544211
Because they wouldn't possibly be lying right?

>> No.50544449

>>50544211
Everything this bitch says wont happen does. This means recession is IMMINENT.

>> No.50544467

>>50544291
Lol this. Can't believe we all fell for the QT, dump the balance sheet meme, when surely the can can and apparently will get kicked down the road for another generation or 2

>> No.50545068

>>50544211
why do they keep blue balling us like this

>> No.50545099

>>50544211
Thats like vaxxie cope

>> No.50545208

>>50544378
Are they really gonna lie and put GDP at like 0.1% and then red in q3 and then say nuh uh it wasn’t two quarters red in a row not a recession?

>> No.50545229

>>50544401
>oversold
You realize those concepts are thrown out the window in the face of the USD getting devalued and global market hegemony splintering right?

The conditions of the last ten years would have to repeat ad nauseum to be oversold, when that’s not how economics works.

>> No.50545268
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50545268

>>50545229
>The conditions of the last ten years would have to repeat ad nauseum to be oversold

ok

>> No.50545285

>>50545268
The United States and global markets were objectively on a steadier trajectory in 2000. I don’t know what to tell you, the money printer circus is over.

>> No.50545322

>>50544320
she refuses to admit 2 negative quarters means recession
>https://www.whitehouse.gov/briefing-room/statements-releases/2022/07/24/icymi-treasury-secretary-yellen-says-us-economy-not-in-recession/

TODD: “If the technical definition is two quarters of contraction, you’re saying that’s not a recession?”

YELLEN: “That’s not the technical definition. There is an organization called the National Bureau of Economic Research that looks at a broad range of data in deciding whether or not there is a recession. And most of the data that they look at right now continues to be strong. I would be amazed if they would declare this period to be a recession, even if it happens to have two quarters of negative growth. We have a very strong labor market. when you are creating almost 400,000 jobs a month, that is not a recession.”

>> No.50545355

>>50544211
>signs of inflation aren't in sight for now

>> No.50545359

>>50544211
>"Look, they're going back to get a bigger net, its safe forever now!"

>> No.50545605

>>50545268
1980 to now has essentially been walking down rates to zero to increase leverage.
now we hit zero, got inflation, the super-cycle is over.

>> No.50545619

jesus they really want us to buy back in, don't (((they)))?

>> No.50545630

>>50544211
>janet yellen says of course i can see the emporer's majestic garments. are you saying you don't see them, fool?

>> No.50545633

>>50544211
Inflation will be lower than expected. Gas prices are already way down. We are clear for takeoff, get your longs in

>> No.50545956

>>50545633
Checked but don't ever fucking say what we have now is "way down". That's exactly what the oilcovered longnoses want you to be thinking right now.

>> No.50546026

>>50544211
lmao, Q1 gdp was -1.6% decline (every forecast was positive growth), Atlanta fed is predicting -1.6% for Q2, meaning it will almost certainly be worse than -3%. What's going to be the line after the report drops thursdays? Recession is good actually? Transitory recession?
>>50545633
gas prices are falling bc the recession

>> No.50546297

>>50544339
Markets usually about 6 months ahead of macros, this checks out

>> No.50546350

>>50544339
This is the truth both permabobos and permamumus don't want to admit.

>> No.50546356

>>50545322
>The supreme chancellor has declared economic conditions to be perfect. It’s because we have a perfectly functioning democracy of course. Please don’t shoot me.

>> No.50546407

>>50545229
USD is stronger than ever, retard

>> No.50546416

Ah yes, just like how inflation was transitory.

>> No.50546422

>>50544361
Yeah but we've had bull runs in the past. I know you're looking forward to a change after the merge too. I feel crypto would gain more adoption after the regulations and I see privacy protocols playing a major role in this.

>> No.50546429

>>50546407
relative to other shitty currencies yes, everything else no

>> No.50546440

>>50546429
It's literally the strongest currency in the world. Everyone is fleeing to USD. Cash is outperforming bonds and securities.

>> No.50546455

>>50544467
Who is "we" nigger I never fell for any of that shit I'm borderline starving dumping everything I have into this fake recession dip. BTC could still break ATH this year for all we know.

>> No.50546473

>>50544211
anyone with a brain knew recession wasn't coming until 2024.

>> No.50546475

>notorious jew lady says the economy is fine
yea ok

>> No.50546485
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50546485

>>50545322
WE “””CREATED””” THOSE KOBS AFTER EVERY FUCKING BUSINESS CLOSED AFTER COVID YOU FAT UGLY SENILE BIT H AND MORE PEOPLE ARE WORKING DOUBLE JOBS NOW
>CREATING
JOBS LYING FRAUDULENT BITCH AAAAAAHHHHHHHHHHHHHH

>> No.50546524

>>50546026
It’ll be the Fed beat inflation and the soft landing was achieved…until job losses roll in.

>> No.50546550

>>50544211
And the Americans have not entered Baghdad

>> No.50546597

>>50546026
Their next excuse will be “well we have two quarters of negative growth but the labor market is strong, and that’s all that matters”. We’ll see what they say when unemployment is at 10% like in the early 80s

>> No.50546750

>>50544211
>believing a bureaucrat whose job/approval is at stake and will say anything to make the economy look good
>believing someone who is part of an institution that fervently denied the existence and severity of inflation until it became too big to manage

Whatever the majority political party/administration says is truly a lagging indicator; by the time they admitted to inflation, it had been well under way over a year. FYI it is not bullish when people in her position declare that there is nothing to worry about with a recession, because then we can expect the Fed to continue rate hikes and QT. Note how crypto and risk assets have begun to rally on bad economic news... it is pricing in a Fed pivot back to easing

>> No.50546804

>>50544211
Ethereum sucks. I refuse to pay a $17.00 gas fee to move .80 cents USD. It sucks. Try any other crypto, including Bidcoin.

>> No.50546827

>>50546597
"looks all clear for the fed to continue rate hikes and shrinking its balance sheet, with no real impact on the economy. Just look at these great unemployment numbers! No, it doesn't matter that those are dramatically lagging indicators of a recession, you need to be more positive. What's that? Your retirement account is down 20% this year? No, you need to understand that demand destruction is a good thing for inflation and your dollar is actually getting STRONGER this way, so technically it's like your investments have remained the same value"

>> No.50546851

>>50546440
Being the king shit in a shit barn doesn't make you not shit

>> No.50546951

>>50544211
>Trusting Jews
>ever
lmfao

>> No.50546957

>>50546851
>t. retard
Being the best currency on the planet is all that matters.

>> No.50546995

>>50546597
Well then we'd be in a recession already. But for the moment, the labor market IS too strong for a recession to be called. Even if people aren't buying as much as they used to, businesses are still hiring at a torrid pace.

>> No.50547005 [DELETED] 

>>50546827
>continue rate hikes and shrinking its balance sheet
Lol, show me where they sold one time

>> No.50547162

>>50544211
>men can be women
>the Holocaust happened
>we're not in a recession
Why do jews only lie?

>> No.50547238

>>50546407
Wait until a euro is worth less than eighty cents before saying the dollar is stronger than ever.
We’re fucking over Europe, but still not getting there.

>> No.50548643

>>50546804
Well I've been trying other crypto and I'm even trying metaverse lands at the moment. Top athletes and celebrities are coming into the picture.

>> No.50548662

>>50544339
The United States has been in a recession since 2007 and we have not recovered since.

>> No.50549184

>>50544211
Why would I believe her when she also thought inflation was only transitory

>> No.50549217

>>50546951
Kek

>> No.50549294

>>50546951
Kek

>> No.50549529

>>50548662
>europoor

>> No.50549607

You retards this is actually bearish because if they think there isn't a recession 'for now' they're going to continue to raise rates and trigger another selloff. The best you can hope for is that they raise rates less than they did before.

>> No.50550553

>>50544211
she's right. We're skipping recession and going straight into le great depression 2: electric boogaloo

>digits

>> No.50550565

>>50544211
They obviously are. She's a fucking midwit

>> No.50550586
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50550586

>>50546407
I hate you dumb low IQ niggers

>> No.50550594

ITT coping mumu retards. The wallstreet mumu retards are pricing this in just like they priced in 100k bitcoin. They will get rekt along with all of you.

>> No.50550695

>>50548662
this
economy as we know is fake

>> No.50551119

>>50548662
This. GDP is a retarded metric, and if they used honest deflators it would have been negative most of that time.

>> No.50551201

>>50546026
>What's going to be the line after the report drops thursdays? Recession is good actually?
The permabulls on /biz/ and reddit will shift their narrative to "recession is good because that means Powell gonna pivot"

>> No.50552144

>>50551119
yes if the deflator incorporated housing for example.
great to see one person say this in a sea of retards.
"growth" would have been negative since 1997 with housing incorporated.

>> No.50554360

>>50544449
recession he HERE. That's the only reason this whore is saying it. She is paid to cover up for the dems failures.

>> No.50554378

>>50546407
i guess with retards like you around we may as well just give up

>> No.50554416
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50554416

Merge date confirmed. Polygon zkEVM coming at the end of the year. How the fuck is anyone supposed to stop ETH now?

>> No.50554438
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50554438

>>50544378
You stupid nígger, Biden has already put out a redefinition of the word recession.
It’s already over

>> No.50555777

>imagine being dumb enough to believe this
0/10 OP, try again at a later time.

>> No.50556255

>>50544211

so inflation is 10%+ and recession is 0%

ya right

press X to doubt

XXXXXXXXXXXXXXXXXXXXXXXXXXXXX

>> No.50556586

>>50544415
Why sell when your assets have long term potential? I'm holding my bag of ETH, JUNO, RAIL and SCRT into the next bull run and beyond.

>> No.50557865

>>50544401
where does it look oversold?

>> No.50557904

>>50545285
>the money printer circus is over
what they gonna do?

>> No.50557929

>>50545322
Well supreme shekel manger kikess has spoken