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

/biz/ - Business & Finance


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54355293 No.54355293 [Reply] [Original]

1) What is the likelihood of a non-fake black swan Happening that utterly resets things, with mortgages, car prices and anything that depends on finance, tumbling down hard to zero, possibly with a return to the gold standard in some variety, so that there is a rehash of 1950s prosperity?

2) What would it even look like?

>> No.54355322

>>54355293
it's already happening, there's already a plan for it, it's called the great reset, and things are going to be so bad that you'll be begging for it

>> No.54355324

There will be NO opportunities for people to panic. Goyims were trained for decades not to care about anything and restrain their inner instincts. They won't give it away. Hard time creates strong men.

>> No.54357682

The mortgage rate increase is resulting in my home being sold and a saturated rental market. Im going to have to live at a friends but whats worse is that hes said someone else is also having their home sold at some point and wants to stay there too!

This is probably happening on a huge scale.

>> No.54357742

>>54355293
What's happening is that the number of high paying jobs in the economy is shrinking nothing will save the economy other than a lot of high paying jobs. And by high paying I mean jobs where the cost of goods compared to the cost of labor is massively in favor of the laborors. THis is known as real wage. Real wage is low as fuck

>> No.54357797

>>54355293
>possibly with a return to the gold standard in some variety, so that there is a rehash of 1950s prosperity?
There’s absolutely 0 chance this happening. Even if we do return to a gold backed currency it will be short term. Idk how you retards believe this will happen after literally living under a draconian government the last 3 years. They will not give up control. The end goal is just a worst version of today. Force goyim to tackle on more debt, only this time get rid of fiat and use digital currency to tighten control. It’s a more evolved version of slavery. BTC seems like a potential escape valve. And because of that it will be banned. Many reasons they can use. Climate change, terrorism, etc. Same playbook as the last 100 years.

>> No.54357811

>>54357742
I don't know why it isn't this way. We need houses to pay of gov debt and then we need to be consumers to fund innovation.

Not that I like this system, it's just that it isn't working the way it's supposed to because of catchy words like "privilege" that pit the working class against the nonexistant middle class.

For what goal? to be rich? then what do you do with the money, be richer? kick people in the balls? what is so great about stepping on an anthill and watching the ants run around in a panic? Are you that afraid of death that you must experience the pain of others first?

>> No.54357826

>>54355293
1) ZERO
2) Like a nothingburger. Nothing ever happens is the only truth in life.
Remeber WW1 and WW2 when tens of millions died and Europe was bombed to shit? Did the system collapse?

>> No.54357832

>>54357682
Wait until you all realize that the ponzi scheme is over because there are no more buyers. You might actually be better off not paying taxes and hoarding some weapons in the house. Just own it and tell the government to fuck themselves for scamming you.

>> No.54357882
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54357882

>>54357832
The fed has ruined the mortgage market. It's a government sponsored ponzi scheme.

>> No.54357928

>>54357832
>le hoarding weapons for le collapse
Cringe colapsooooors have been claiming it will happen every year since at least the 50's probably sooner