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

/biz/ - Business & Finance

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54046191 No.54046191 [Reply] [Original]

Is the economy actually going to collapse?

>> No.54046243

>>54046191
I haven’t seen fluffies in like ten years jfc

>> No.54046273

>>54046191
What do you mean by collapse?
Currency collapse? Has happened before all over the world. People immediately start using different money. During the Depression in Austria, people weren't even using Austrian dollars anymore. They were using French Dollars.
So it really depends on what you mean by collapse.
Is the "economy(vague term used to describe a vast series of interlinked market places within one nation)" going to collapse? No, things will break though.

>> No.54046312

>>54046191
just post the fluffies already faggot that's all you baked this thread for

>> No.54046367

>>54046191
No, Fed will just print money and bail out just like they did in 2008 if any of the core major banks are threatened and life will go on.

>> No.54046395

>>54046191
Is water wet?

Fiat currencies have failed 100% of the time in human history. What is different now?

>> No.54046411

>>54046273
>Austrian dollars
>French dollars
>British dollars
>Egyptian dollars
>Iranian dollars
>Poopy dollars
>Chinese dollars
>Korean dollars
>Best Korean dollars
>Japanese dollars
>Mexican dollars
>Chilean dollars
>Sudanese dollars
>Chad dollars
>Virgin (Island) dollars
>Congolese dollars

>> No.54048303
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54048303

>>54046395
Gold backed currencies have failed 100% of the time in human history. See any in use at the moment?

>> No.54048343

>>54048303
brics niggas are hoarding gold

>> No.54048349

>>54048303
There's that one country which seems to have a lot of gold. And its currency appreciated this week. Could be pure coincidence.

>> No.54048363

>>54046191
no but the dollar yes

>> No.54048383

>>54046191
I’m high and thought this pic was written in Dutch or some shit at first

>> No.54048412

>>54046243
Same. I had successfully purged this from my memory until today. Thanks op.

>> No.54048881
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54048881