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/biz/ - Business & Finance


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54234437 No.54234437 [Reply] [Original]

Get out of the fucking dollar, NOW.

>> No.54234485

>>54234437
Dumbass cash dollars will moon if electronic leger entries go up in smoke. I'm hoarding cash.

>> No.54234500
File: 113 KB, 1260x667, 1678999654094354.jpg [View same] [iqdb] [saucenao] [google]
54234500

>>54234437
I am comfy holding crypto, gold and silver

>> No.54234563
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54234563

>>54234485
>But those electronic ledgers will be, uh, guaranteed. We are, uh, studying the ways.

>> No.54234593

>>54234437
>if
Lol
Lmao

>> No.54234663

>>54234593
lol

>> No.54234861

>>54234593
Kek

>> No.54234970
File: 42 KB, 390x470, 1679360547439744.jpg [View same] [iqdb] [saucenao] [google]
54234970

>>54234437
>Yes put your money into crypto, which relies on the dollar to be worth anything, but the dollar is going to shit, but totally get into crypto because it'll save you even tho it'll also be shit
>trust me bro in a post-dollar age where everything is shut down people are going to want your asscoins and paper metals that you can't even physically trade!

>> No.54235011

>>54234970
>relies on the dollar to be worth anything
Why, because it has a dollar next to the price on your chart? On mine it has my local currency instead. It doesn't depend on either

>> No.54235556

>>54235011
Owing to the Bretton Woods agreement after world war 2, then the subsequent removal of the gold standard in 1971, all world currencies are backed by the dollar. If we were to fall into a 1930s style depression, which is becoming more and more plausible by the day, I can't imagine a scenario where crypto would become a preliminary to a revived economy. There's a little story about a man walking through a city during the peak depression years, where he then sees a woman and her two children searching through trash. The woman then finds a rotten piece of meat and starts eating it on the spot, he vividly described her glasses steaming up during the cold weather. What do you think would be more valuable in a situation such as that? A digital coin or a bag of rice?

>> No.54235758

>>54235556
People really cant fathom how utterly ruined much of the US was during the Depression. Whole towns were left empty, people couldnt buy gas or fuel for furnaces, even if they had cash, because the companies that supplied fuel went belly up. Food started looking hard to get as the whole grain belt got repoed. It was horrible, and if it happened today there would be a real chance of a civil war.

>> No.54235785
File: 47 KB, 897x505, FrqwVrmXwAMd1f1.jpg [View same] [iqdb] [saucenao] [google]
54235785

>>54235556
https://en.wikipedia.org/wiki/Bancor

>> No.54235794
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54235794

>>54234437
>Get out of the fucking dollar, NOW.
mfw debtmaxxed a few hundred k and holding bitcorns

>> No.54235813
File: 1014 KB, 1280x847, 1678902757753252.jpg [View same] [iqdb] [saucenao] [google]
54235813

>>54235758
>>54235556
What you two faggots seem to forget is that the average worker in 1920 needed 7 months of savings to buy a house in burgerland.

>inb4 source

https://www.thepeoplehistory.com/20s-homes.html

>1920 was $3,269.40, the average amount of tax $148.08

https://www.irs.gov/pub/irs-soi/20soirepar.pdf

>> No.54235862

>>54235813
fuck thats grim when you think about it.

>> No.54235919
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54235919

>>54235862
New deal was mostly propaganda, i am not saying it was not needed with the world getting dangerous and the japanese empire on the march and germany going full militaristic.

The us did not even had traffic laws at the time so shit like administrative law had to be created asap.

But add 100 years later and we now have boomers buying their 7th hosue because it's dangerous to keep money on the bank and cash is subject to civil forfeiture thanks to brandon creating it to bypass multiple points in the us constitution.

Keynsian propaganda is insane, i am sure they never showed you the stats that the workers needed 6 months to buy a house, because your teacher benefited from brrrrrrrr and his union told you to give you new deal keynsian propaganda.

Yet i gave you papers of the time and the IRS fucking data, and it shows that the average worker bought their houses with 6 months of income.

There are literally keynsian propagandist on pol and biz to hide this fact.

>> No.54235977
File: 72 KB, 514x755, PCTTA.jpg [View same] [iqdb] [saucenao] [google]
54235977

>>54235785
Thanks for linking that, never heard of it before.

>> No.54235996

I have a goy level understanding of what's going on with banks rn but the more I see these threads the more I think it's a fucking chink/russkie psyop to destabilize "the west" and in reality it's a fucking nothingburger

>> No.54236010
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54236010

>>54235977
Keynesians don't want you to know about the conference in which keynes went full game theory to prevent deficit spending and failed.

He literally tried to create the first proof of stake currency on bretton woods and failed, after that when talking with hayek that was his friend be basically told him his followers were out of control and then next week died.

That's why you never hear of the keynes at bretton woods, because he was on the side of the ones that wanted to create a mechanism to prevent deficit spending.

>> No.54236016

The world outside of the US is going to be such fucking hell this year

>> No.54236047

>>54234970
>crypto, which relies on the dollar to be worth anything
not every stupid people would believe that you can only buy crypto with USD

>> No.54236077

>>54236016
But the US will be awash with Sunshine and Rainbows?

>> No.54236091

>>54234437
ok fuck this my money is going under my mattress

>> No.54236101

>>54236016
are you even aware, that the world is decoupling from the us at a rapid speed?

>> No.54236103
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54236103

>>54236077
He is probably a zeihanshill, while the us is a strong country the suburbia design is not ready for an inflationary loop.

The us may gain a year by closing oil exports but it's hell after the following year, specially considering it's an election year and probably 95 year old boomers are going to be runing.

>> No.54236136
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54236136

>>54234437
>US guaranteeing all US dollars
>GET OUT OF THE US DOLLAR

>> No.54236146
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54236146

>>54236091
Yea this shit is argentina mid 2001 comment.

>>54236101
Not true, Xi and Putin live in a dream, they spent the last 50 years and 30 in russia case surfing the global system and think decoupling is easy.

BRICS Cucks are the number 1 capital controls fans, they sure as hell won't be able to pull a bretton woods together.

That does not means the usa is not about to enter an inflationary loop and the usd days as reserve currency ending.

And if they pull this insure all banks shit thing it's also the end of us treasuries as collateral.

>> No.54236148

>>54236077
No, but it won't be economic hell like most countries.

>> No.54236199
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54236199

>>54236136
it's a very Argentina 2001 comment i saw this shit live once they started to say banks are fine we will insure everything shit went to hell fast in 3 months.

>>54236148
I would not be so sure, what worries me is the level of digitalization in the us economy, usually in this type of crisis the debt to gdp goes down after a fast inflationary loop that reduces debt to gdp.

But in the usa case tax evasion is low due to how much bank usage is forced, what happens when the average wage is in top high income tax levels due to inflation and the politicians never update it to get more money.

Tax evasion goes parabolic but with civil forfeitures and cops seizing shit this can get out of control fast in the usa.

>> No.54236246

>>54236199
if that happens, could we possibly see a general abandonment of the government by the population? If the states attacking you for trying to hold onto what little buying power you have left, and their doing it to everyone at the same time, than people just stop operating in the system. Why continue to follow the rules at that point?

>> No.54236250

>>54236136
Guaranteeing means running the money printer at maximum speed.

>> No.54236255
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54236255

>>54236148
Someone needs to tell you Zeihan niggers, that its not 1970 anymore

>> No.54236260

>>54236255
Yeah it's 2023, and China is in current economic hell.

>> No.54236281

>>54236260
sure, sure, just expected to grow 6% this year, peter

>> No.54236285
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54236285

>>54236250
As an alternative to... The past three years of monetary policy? Yawn.

>> No.54236302

>>54235996
yeah, ruskies forced the US fed to set reserve requirements at 0%, the fucked up bond market is a chink psyop, I bet you think the whole debt based banking system is nothing but N. Korean propaganda
god you're retarded

>> No.54236306
File: 247 KB, 504x470, 2_more_weeks_v2.jpg [View same] [iqdb] [saucenao] [google]
54236306

>>54234437
TWO
MORE
WEEKS

>> No.54236313
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54236313

>>54236246
Here in Argentina during and after that crisis we experienced a favelization of society with lot's of areas being lost by the government and crime rising, plus structural poverty growing.

>If the states attacking you for trying to hold onto what little buying power you have left, and their doing it to everyone at the same time, than people just stop operating in the system. Why continue to follow the rules at that point?

Nobody does it here in Argentina, following the rules means economic loss and failure, tax evasion is chronic for a reason.

But i am not sure if eurocucks, anglocucks and the usa have the culture to survive this.

I think the us has it to some level probably 40% of the population, but most of those are in suburbia which will suffer from the economic inflation loop.

So it's worrysome to say the least.

>> No.54236333

>>54235977
thanks for posting that seuss piece, I've been meaning to get a print of something seussian for a while and you just reminded me about it. Found some ones on alibaba for $5 just now I think I'm gonna yolo on.

>> No.54236334

>>54236260
The fact that china will get fucked is undeniable, they need the global system for commodities.

But i don't think zeihanshills understand the implications of an inflationary loop, the current banking crisis is due to that and will get worse once it impacts industry and energy.

>> No.54236338

>>54236285
...which resulted in steep inflation, bank failures, and the failure of the fed's attempts to reduce inflation in one "small" bailout.

>> No.54236344

>>54236255
US is totally fucked but its also not 2015 anymore and China is in not much of a better position at all.

>> No.54236346

>>54236313
i could easily see wide parts of North America just going off the radar like that, further out from major cities, especially places that are resource based economies.

>> No.54236351

>>54236334
China just made deals with Iran and Saudi Arabia. Everyone is deserting the increasingly irrelevant west

>> No.54236418
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54236418

>>54236351
Saudi Arabia is just the usa girlfriend acting uninteresting to get the usa attention as she flirts with china.

The suez canal going close rekts china and the usa has influence in the area, as for iran yea sure energy, the problem is food.

If Russia had won Ukraine they would had the food they need but they underestimated what would happen when you invade a country that was starved by the bolsheviks 90 years ago by denouncing Lenin as a nationalist in a hour long speech.

>> No.54236435
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54236435

>>54236346
I don't due to how bankarized the economy is, if an inflationary loop happens i don't give the us electoral college 7 years of life, it will be targeted, and then rural areas will be taxed to death to force them to maximize production as a deflationary force.

>> No.54236441

>>54236418
stop talking to me, you retarded nigger
you think russia doesnt have enogh food? the largest wheat exporter in the world? are you fucking braindead?

>> No.54236457
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54236457

>>54235813
>>54235919
>>54236010
I suppose in order to attend the Bretton Woods conference you'd have to at the least be compromised by corporate/financial interests. Seems like today we're running on fumes so to speak, with near annual risings of the debt ceiling and unprecedented money printing. Something has to break eventually, we can't perpetually continue the way we are. CBDCs are likely to be adopted but as for the enthusiasm in which they will be, is yet to be determined. I will admit I'm jealous of the generations that were raised in palpable affluence, I've heard stories from my grandparents of them buying a farm with 80 acres of land for 80 thousand, a property which is now worth ten times that amount. However under our current system we won't see that again and the direction were heading for is some strange neo-feudalism. To sum it all up, we're all first in line for the world famous clown act featuring all the freak shows you could imagine, fun times ahead I'm sure. My only solace it being here and watching the curtains catch fire real time.

>> No.54236466

>>54236441
>you think russia doesnt have enogh food? the largest wheat exporter in the world? are you fucking braindead?

Not enough for China and India disconnecting from the dollar system, in fact china need for imports in food has only grown and grown the last 50 years.

>> No.54236495

>>54236457
Perfectly described it

>> No.54236517
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54236517

>>54236338
Eggs are expensive, and a couple scammer Free-Money-Economy financiers went under. Explain to me how this is any kind of significant Happening

>> No.54236524

>>54236260
>AIMY
i'm stealing this to use as my ai's name

>> No.54236529

>>54236466
im sure, that all makes sense in your head

>> No.54236558

>>54236529
Yea because i can check the data retard

https://wits.worldbank.org/CountryProfile/en/Country/CHN/Year/LTST/TradeFlow/Import/Partner/by-country/Product/Food

russia is the 10th food provider of china

>> No.54236561

>>54236466
don't forget half of china's population is retirement age and they have no qualms about killing them off to protect the hive

>> No.54236593

>>54234437
Bro, are you blind? Can you not see the charts? Bank collapses, WW3, and civil war are BULLISH. We're going to the moon.

>> No.54236603

>>54236558
So? Brazil is first and part of Brics.

>> No.54236637

>>54236603
Only to sell basedbeans and look cool with their trade partners, tell them to drop the usd and they won't.

>> No.54236661

>>54236637
Who say they need to drop the dollar?

>> No.54236668

>>54236441
Yes. I'm sure 21st century agriculture does NOT depend on complex supply chains. Also Russia managed to starve thrice (four times maybe) in the past century so lmao.

>> No.54236686

>>54236661
Usd is the Btc of the world
All other countries’ fiat systems are just shitcoins

>> No.54236695

>>54236668
sure, sure, keep writing on the internet, then the iran saudi peace deal brokered by china didnt happen
you cant change the inevitable

>> No.54236714
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54236714

>>54236686
delusional

>> No.54236725

>>54236281
>sure, sure
Yes, yes it is. Their wages are a few hundred $ a month and their food prices relative to low income is a larger gap than US's current food prices compared to low income.

>> No.54236730

>>54236695
How does this relate to my post? Russia is incompetent enough to starve itself, yes.

>> No.54236737

>>54236281
I don’t believe US numbers but I sure as shit don’t believe Chinese numbers.

Also If we have a global depression people won’t be buying chinkshit and the Chinese aren’t nearly as consumption driven as the west

>> No.54236740

>>54235011
imagine thinking someone with land or food will accept bitcoin for it.

>> No.54236758

>>54236695
ok lets say that china dosent collapse, what will china do when usa and european economis go puff?

i have to remenber you that china is country that LIVES of manufacture, where are they going to sell all their products once their biggest markets go down?,what will they do with all their workers now out of the market because the demant just die?

in not trying to say that china will die but the world its so hyper connected that any dominos falling will set a shitstorm that will last decades and will kill everyone.

>> No.54236791
File: 560 KB, 1617x984, world-map-manufacturing-output-cb7a.jpg [View same] [iqdb] [saucenao] [google]
54236791

>>54236725
means they are competitive, while your fat ass isnt
>>54236730
>Russia is incompetent enough to starve itself
so were the irish, now they are american presidents
>>54236737
>its not real, if I dont believe it

>> No.54236797

>>54236740
Imagine thinking a scenario of all systems collapsing at once is coming,
And even if it did, gold will hold no value in comparison to precious food, ammo, and lighters.

>> No.54236798

>>54234970
Absolutely this
>What!? You want to buy a loaf of bread with some software program? How am I going to pay my baker who demands payment in <whatever form of currency the government enforces>

>> No.54236833

>>54236791
>so were the irish, now they are american presidents
What the fuck does this even mean? You fucking nigger stop replying with non sequiturs

>> No.54236838

>>54236791
What? Shut up already Chang.

>> No.54236842

>>54236798
>>54234970
What happens in reality is people using gov fiat in the front end and hard currency in the back end.

Source, me living with 110% yearly inflation.

>> No.54236844

>>54235556
The Great Depression was deflationary with the Fed insisting on sticking to the gold standard. They could have soften it/avoided the worst of it if they actually inflated the currency by abandoning the gold standard then. All that the government knows is how to print. We will not fall into a 1930s depression. We will be going through stagflation or hyperinflation

>> No.54236846

>>54236758
US and Europe are only 30% of the world economy, This isnt 1970 anymore.

>> No.54236866

>>54236833
You're the retard that thinks Russia wil starve. Be glad I even answer your imbecility, you nigger

>> No.54236870

>>54236844
>We will be going through stagflation or hyperinflation

This is even worse.

>> No.54236903
File: 366 KB, 770x548, 1678591334862431.jpg [View same] [iqdb] [saucenao] [google]
54236903

>>54236870
Not in a mentally ill keynsian that work for the government point of view

>> No.54236923

>>54236870
Better or worse, it doesn’t matter. The investment vehicle you chose does and they’re completely different

>> No.54236930

>>54236866
Fucking mongoloid how do you not know why the Irish famine happened? I repeat, the country that has an ongoing ball bearing crisis and managed to starve four times in the 20th century can totally fuck itself up agriculturally.
>ACKS itself and China 60 years ago thanks to Lysenkoism
>Historically illiterate retards think LE BIG FIELD is all you need for agriculture
Absolutely subhuman

>> No.54236950

>>54234437
>zerohedge

Yeah wow can you post an actual intellectual source and not some alarmist that screams doomsday every tweet. Can we seriously not post anything by him again please? Mods make it so that you ban any lost by zerohedge please. This misinformation is actually dangerous and if it continues will actually incite a bank run. We can’t let that happen.

>> No.54236964

>>54236842
interesting. I don’t think the western world is ready for the kind of lifestyle disruption that an inflationary loop would would bring. most people I interact with still think you’re crazy if you point out that things seem to be headed in a worrisome direction. strange times ahead.

>> No.54236993

Buy Gold for when things get back on track.

In the meantime, learn how to preserve water. Learn how to grow vegetables in your yard. Have some fuel on your property. If you're a fat fuck, lose weight and get healthy RIGHT NOW. Make sure you have some basic medications and a first aid kit.

Get yourself in a position where you could survive for 3 weeks without going to the store.

>> No.54236997

>>54236136
The farmer is giving us free food. He must love us. Baa ah ah ah ah

>> No.54237001
File: 87 KB, 1901x1024, germany-us-china.jpg [View same] [iqdb] [saucenao] [google]
54237001

>>54236758
>where are they going to sell all their products once their biggest markets go down?
Africa, Asia, and Russia are going down?

>> No.54237008

>>54236950
Zerohedge is pure dogshit though

>> No.54237013

Corresponding to the usual /pol/ threads
>Get out of the cities, now!
Ok bro.

>> No.54237023

>>54234500
Ditto anon, ditto, except just crypto and silver. Bigger upside

>> No.54237042
File: 546 KB, 1600x1074, 1679371628762.jpg [View same] [iqdb] [saucenao] [google]
54237042

>>54237001
Such powerful retardation... I kneel...

>> No.54237048

>>54236418
This is your brain on Zeihan

>> No.54237050

>>54236791
your such a stupid fag holy shit. if america is moving manufacturing back to america and chinas population is in decline what do you think happens to china? america is the worlds bread basket and china has to import most of its food what are you even saying you know it all faggot.

>> No.54237075
File: 155 KB, 448x448, 1613623378017.png [View same] [iqdb] [saucenao] [google]
54237075

>>54237050
>america is moving manufacturing back to america

>> No.54237088

>>54234485
>goes to infinite quantity

>> No.54237120

>>54237075
That was the plan that thousands of manufacturers had before rates started going up. Lots of assemblers required that at least one factory from their suppliers be located in the US for supply chain reasons. Many assemblers stopped this requirement when nobody could make this obligation. So, the economic development industry in Texas has about 400 open RFI's right now with the governor's office, which is a record high all time (the previous max was like 100), but almost none of those have even gone to site visits (step 2 of the process).

The US went from a very bright future to one of absolute desolation in the span of about 8 months.

>> No.54237156
File: 17 KB, 400x400, 1679113755381044.jpg [View same] [iqdb] [saucenao] [google]
54237156

>>54236351
Also this. It turns out diversity is only a strength for the jews who want to disposess and genocide Whites.

>> No.54237171

>>54237120
theyre just moving it to mexico now silly billy :^) ohh noo the west doesnt collapse and billions dont die to own le jews :-(

>> No.54237206

>>54237008
name a reliable news source

>> No.54237236

>>54236714
This infographic is putting north and South America together. My guess is the Amazon rainforest doesn’t have the best internet infrastructure

>> No.54237266

>>54237206
I know but that particular brand of American e-doomerism is very stale. Zerohedge is dogshit doesn't make evergthing else non dogshit

>> No.54237292

>>54237236
Can you believe China has less internet connectivity than America? Wow crazy.

>> No.54237300

>>54237292
Ring ring based dept ring ring

>> No.54237339

>>54237042
How is Hong Kong even consuming that much?

>> No.54237375

>>54234437
Why if all deposits are guaranteed? You can't lose! disregarding the weimar tier inflation

>> No.54237405
File: 181 KB, 768x768, based ignorer.png [View same] [iqdb] [saucenao] [google]
54237405

>>54234437
no

>> No.54237519

>>54237339
If I were to take a guess (based on nothing but the voices of my head), most of the things going to mainland China arrive in HK, they manufacture it there, then the products continue their route to bing chilling land

>> No.54237610

>>54236791
all 46 presidents are directly related to Eleanor of Aquitaine. They're all, more or less directly, Anglo-Norman nobility. No Irish.

>> No.54237653

>>54237206
The Corbett Report

>> No.54237665

>>54237050
>america is the worlds bread basket
You waste most of the food produced and whats not wasted goes to Africa as gibs to maintain a boom in population.

>> No.54237668

>>54237206
And Whitney Webb / Last American Vagabond

>> No.54237759
File: 297 KB, 602x608, idiot.png [View same] [iqdb] [saucenao] [google]
54237759

>>54237665
KYS disingenuous retard

>> No.54237779

>>54237759
Nice chart

>> No.54237786

>>54237759
>US below France and Japan in wasted food per capita
absolute bullshit, never seen something this fake and deluded in my lifetime

>> No.54237812

>>54237042
What is your point? Hong Kong, Japan, and South Korea all make up for losing the U.S?

>> No.54237822

>>54236797
100 bars of gold for ARs.
1000 bars of gold for AKs.

>> No.54237887

>>54237786
how so? Americans are fat for a reason

>> No.54237929

>>54236844
>soften it

Bankers & their useful idiots deliberately confuse quantitative easing with a functioning safety net to fool idiots. It's absolutely possible to tax the fuck out of the rich, stock market gamblers, and racketeers during good times to save for the bad. The problem is that during the Great Depression there was no system to socialize economic losses — so all suffering was thrown on the poor as the rich sat cozy. Franklin Delano Roosevelt turned this around and it wasn't through elaborate QE, but simply just enough welfare spending to guarantee the masses and elderly a minimum standard of sustenance even during the worst times of economic correction. Of course, there were very big systemic flaws with execution and the socialistic bent was too extreme, but the premise was right.

No reason for some to have mansions steak and servants during a depression and others to go homeless because they can't pay rent. The rich give to the poor temporarily to help them get by. QE isn't needed at all, simply a way for the rich to prolong their bad bets and loot more money only for an even greater financial disaster at the end once vapor QE valuations pop. Fractional reserve has the same principle too.

If you forced banks to have balanced balance sheets we wouldn't see a boom bust cycle but moderate stable growth coupled with a very mild recession like clockwork every 8 years that could be easily controlled with some welfare.

Fed is a malicious solution for a completely invented problem. If banks separate savings and investment they never have to worry about runs. The whole thing is a scam to invest people's saved money and keep the profit.

>> No.54238092

>>54237929
FDR was never a "class traitor" but a eugenicist who loved Jews, Masons, and trannies, eager for Americans to cut off their dicks and sell their property to China.

>> No.54238312
File: 25 KB, 233x261, 1511850320746.png [View same] [iqdb] [saucenao] [google]
54238312

>>54234500
>wtFFF you can't just hold all 3 of those at THE SAME TIME!!!!
>YOU HAVE TO PICK JUST ONE OMFG YOU CAN"T HOLD GOLD AND "DIGITAL GOLD" IT JUST IS IMPOSSIBLE
>YOU CAN"T HAVE "POOR MANG"s GOLD" and GOLD!!!!11!

>> No.54238349

>>54234437
Imagine taking financial advice from a Sodomite with a half nude picture

>> No.54238370
File: 108 KB, 1024x1024, 1616041999421.jpg [View same] [iqdb] [saucenao] [google]
54238370

>>54236136
finely crafted b8

>> No.54238465
File: 2.05 MB, 4000x1800, IMG_20230321_130355.jpg [View same] [iqdb] [saucenao] [google]
54238465

>>54236255
>>PPP
Which has and always will be a bullshit garbage metric. Don't compare a Chinese worker's 1-yuan steamed buns to my loaf of Pepperidge Farm 12-Grain bread. Pic unrelated: My lunch today.

>> No.54238493

>>54234437
Why? If FED continues to hike interest rates.

>> No.54238534

>>54235758
Everyday I pray you find a way to take your country back.

>> No.54238537

>>54236016
Good. The US supports all of those countries. They'd fail without us and they should. Now if we can get rid of the illegals and browns we're set

>> No.54238558

>>54238465
Lol Pepperidge Farm is 100% Monsanto Cancer

>> No.54238561

>>54234563
Concrete is racist. Whites made it and blacks keep stepping on it

>> No.54238692

>>54238537
Thank God your country is going to be destroyed by your masters. Imagine a world without the international cabal and their mutt golems

>> No.54238780

>>54236101
Europe is begging us for more NATO gibs nonstop

>> No.54238824
File: 232 KB, 1118x764, china_trade_deficit.png [View same] [iqdb] [saucenao] [google]
54238824

>>54237812
Just stop, Chang. The US is where China gets its income.

>> No.54239151

>not putting all your money on physical Lego bricks and unused HP printer cartridges

Why even bother?

>> No.54239238

>>54239151
. . . Jokes aside, that might actually retain value better than fiat at this point.

>> No.54239266
File: 36 KB, 1075x736, BankFailuresShort2017.png [View same] [iqdb] [saucenao] [google]
54239266

>>54234437
>Get out of the fucking dollar, NOW.
No. Strongly suggest you sell your roubles for lada parts now as it may preserve any remaining purchasing power.

>> No.54239280

>>54238824
zerohedge posting is Russians or retards though, not chinks, that's one of their kremlin disinfo dumps

>> No.54239405

>>54236844
Pretty much, Japan here we come.

>> No.54239424

>>54237822
What if i just shoot you and take your shiny rocks?

>> No.54239476

>>54238465
>>54238558
kek the arrogance of burgermutts calling their agricultural products anything more than (bad) animal feed. you're cattle amerilard, remember that. If you want food, buy Amish/Mennonite produce.

>> No.54239496

>>54237786
coping fag

>> No.54239789

>>54234593
Jajajaja

>> No.54239925

>>54234593
muhahahahahha

>> No.54239963

There has to be a fine balance. Only withdraw 50$ of your cash, or just little enough to leave $250,000 in your bank which meets the FDIC limit. This means that if the bank system fails, the feds do have to print out more money for you by law. They are obliged to print out the $250,000 from their money printers that the banks failed to obscure from you. Doing this will pump Bitcoin even more.

>> No.54239981

>>54236010
This is very intersting. If you think about it, most Americans are in credit card debt and suffering. I for one, have never spent any money that I didn't have, so you could say I don't "deficit spend" like the average American. I feel economically very stable and am able to buy whatever I want. Wouldn't this translate to more economic stability on a larger level, if an entire country did no deficit spending?

>> No.54240011

>>54236457
>>54236457
OK, DOOMERS.

>> No.54240014
File: 32 KB, 220x239, 1658518507181946.gif [View same] [iqdb] [saucenao] [google]
54240014

>>54234437
Tylertard has always been wrong. 15 years of preaching financial apocalypse for when muh Deutsche, muh Credit Suisse would go under.
Only for the markets to pump so much he got prolapsed.

>> No.54240032

>>54240014
Its kremlin bullshit up there with max keiser. Le ebil west is kerlapshing

>> No.54240183

>>54240032
Chinese go to school 6 days a week, and in my experience the younger generation of Chinese are very nice and polite. One even pointed out that my tire was low.

Compare this to the United States, where we are experiencing a teacher shortage causing schools to only teach 4 days a week. We are lowering the threshold for passing state test scores because kids are getting even dumber using Chinese mind control aka TikTok (this is the number 1 used website above Google now. Think about that.) And as we have seen, our kids lack all forms of manners and chimp out and cannot be civilized and do not want to move out of their parents houses ever and do not want to work tough trade jobs or become a cop.

That, and our banks are having some difficulties :D sure looks like Rome isn't about to fall guys, I swear! It's the Kremlin lying about the US sucking!!!

>> No.54240216

>sit in T bills
>Guaranteed 4%

T bills are the safest asset at the moment, safer than gold. We are heading towards a deflationary crunch and anyone in risky assets like shitcoins or stocks is going to get crushed and will be illiquid when the bottom arrives.
I'm in cash, t bills and 10% gold. When banks are failing because the can't raise cash, then you want to be liquid.

>> No.54240363
File: 6 KB, 250x217, 1667299988543876s.jpg [View same] [iqdb] [saucenao] [google]
54240363

>>54234437
Ain't going anywhere goho. Gonna hold tight my crypto, NFTs and stocks. I don't send any fuck so long as I can spend those coins via CryptMi. Fed & SEC are wasting their damn time.

>> No.54240392

>>54240363
poo

>> No.54240396

>>54240216
>t bills are safer than gold
that’s why all the central banks are running to gold while t bills are the reason the banks are collapsing.

>> No.54240409

>>54239963
Depending on your balance the opposite is currently happening. If you're rich you'll be able to pay a law firm, if not they're safe to 'mismanage'.

>> No.54240442

>>54240396
Central banks arent the same as retail investors, they have different priorities. Central banks are going into gold to reduce their exposure to potential SWIFT weaponization. Doesn't necessarily mean safety or better returns, but it's a national security move to hedge bets after what happened to Russia.
There's a chance they all dump that gold for liquidity in a crisis, and then goldbugs get crushed.
US t bills are the safest asset at the moment. As long as the US state remains stable then I'll get my 4% and can move into cash easily.

>> No.54240545

>>54236418
this kind of relentless delusion is a large contributing factor to the clown world dogshit global economy we currently have btw. it wont get better until it gets worse and reality is forced upon them either by gunpoint or by poverty, and unfortunately theyre gonna bring us all down with them

>> No.54240621

>>54237050
>chinas population is in decline
im really curious as to what you think demographics look like in literally any other country in the developed world

>> No.54240641

Dude 17 trillion lmao

>> No.54240650

>>54237759
this was made by an american
also
>australia at 102
now thats fucking deranged

>> No.54240721

>>54236798
>there are people this dumb on this board

>> No.54240728

>>54240721
Roll me a right spliff get lightheaded whiff the banks

>> No.54240729

>>54234437
test

>> No.54240734

>>54238465
this is why
>>54237759
is a bullshit graph
also checkem for amerimutt irrelevance guaranteed this century

>> No.54240762
File: 105 KB, 1242x1394, 1635084881459.jpg [View same] [iqdb] [saucenao] [google]
54240762

>>54238780
you do know that there are nearly 7 BILLION people on this planet outside of your NATO bubble, correct?

>> No.54240780

>>54234500
Why are they spiking again now

>> No.54241310

>>54240780
People are realising that the banking system is fucked beyond belief and want to get out of fiat and get into crypto. I was getting my coffee on my way to work and the owner asked me if I could set them up with a sort of crypto payment type thing like with the debt tap thingy (I've known him for a couple of years and he knows I'm in IT) because in his own words "I've had to change my menu prices twice already in 6 months and I'm getting less for the same" the jig is up that dude is like 50 something and even he knows its over for fiat

>> No.54241356

>>54234500
This but no crypto bags.

>> No.54241453

>>54236101
lmao jesus christ
brics bullshit is still funny 20 years later

>> No.54241485

...and into what?

>> No.54241493

>>54240442
>US t bills are the safest asset at the moment.

sorry not interested in the government robbing me at gunpoint because i failed to express adequate enthusiasm for trans rights or whatever

>> No.54241524

>>54239238
Bulk ammo is easily stackable and sorta fungible.

>> No.54241576

>>54237156
To make the world a better place. Do you know anything about Olam Hava?

>> No.54241641

>>54234485
Imagine being this dumb

>> No.54241643

>>54241576
How about we kill every kike (ticker: kek) to make the world a better place?

>> No.54241730

>>54241493
Youre making bets on the assumption that the gov is going to rob you at gunpoint? Delusional.
Go listen to another e-investor shitcoin video on YouTube you dumb fag.

>> No.54241772

>>54241730
Imagine being even dumber like this one

>> No.54241813

>>54241643
It's been tried before. With marginal results by some pureblooded German.

>> No.54241817

>>54236016
the US is going to be the worse off lmao

>> No.54241899

>>54240183
>our kids
Most of the kids are brown and/or foreign spawn, where exactly does this ‘our’ come in?

>> No.54241979

When they say they're going to guarantee all deposits do you think they can actually do that? If you do you're an idiot. If you don't then you're admitting it's a desperate action to quell panic. It's desperate because no one would make that dumb of a claim unless they were desperate.

>> No.54241985

>>54241813
He didn’t try that. He put them in camps and tried to make them actually work.

>> No.54241993

>>54241899
Filthy white lol

>> No.54242030

>>54241993
Have a (You), chuddie. Post stack.

>> No.54242096

>>54242030
100% I See Pee (ticker: ICP)

>> No.54242251

>>54235556
Food does not store very well or very long. Gold is very easy to store and lasts forever. The reason to hold gold is to store value. You don't have to redeem it during the hard times. It gives you a huge head start against people who only have perishable or depreciating assets when the recovery starts.

>> No.54242401
File: 2.52 MB, 1020x1016, 1639526238627.png [View same] [iqdb] [saucenao] [google]
54242401

>>54240183
rome didn't have 30,000 nuclear warheads and over 100 military bases around the world to put them in. i'd worry more about what we do to europe if we do experience a collapse. we have more military in european countries than all of europe put together lol, lmao even

>> No.54242411

>>54242251
You are not storing the right food. There’s a bunch classified as “dry goods” that when stored properly will last years, same with canning. Smoked/salted meats also have a longer shelf life than the usual raw foods.

>> No.54243292

>>54240183
ah yes 6 days of communist indoctrination makes them so much more innovative and productive than our 5 days of tranny conditioning. the truth is only like 0.5% of the population carries the rest of civilization on their back, and none of those 0.5% live in Asia

>> No.54244306

>>54235758

>Civil war

Or rich people getting hunted

>> No.54244456

>>54243292
(You) forgot Taiwan, Japan, South Korea, Singapore, and Israel.
>t. Semiconductor enjoyer

>> No.54245639

>>54237120
>very bright
that's what I remember some Turk anon saying about Turkey as well. (paraphrasing)
>in 10 years it could be either booming or Syria, we never have any idea which

>> No.54247200

>>54242401
>over 100 military bases around the world
just to clarify for this poster and anyone else who reads this, USA has close to 800 military bases globally, not 100.

>> No.54247390

>>54236146
>BRICS Cucks are the number 1 capital controls fans, they sure as hell won't be able to pull a bretton woods together.
never heard of the Belt Road initiative i see.

>> No.54247425

>>54236334
belt road initiative. look it up.

>> No.54247593

>>54236561
this. they have no problem mowing down uprisings and throwing people in cages

>> No.54247609

>>54236593
>We're going to the moon.
ok, elon

>> No.54248107

>>54238824
>The US is where China gets its income.
>Keeps posting infographics that support the idea that China doesn't need the U.S.
Just stop already, if your claims had any merit Covid should've hurt China a lot more than the U.S. but it didn't.

>> No.54248377

I have $100k Iraqi Dinar that a boomer scammed into buying 10 years ago.. Am I safe?

>> No.54248624

>>54234970
>I don't understand economics or exchange rates