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

/biz/ - Business & Finance


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File: 429 KB, 730x644, Skärmavbild 2023-05-15 kl. 00.41.25.png [View same] [iqdb] [saucenao] [google]
54966615 No.54966615 [Reply] [Original]

this is the slowest crash ive seen in forever.

>> No.54966637

>>54966615
Maybe cause speculative markets are divorced from economic realities?
Also maybe cause the currency is losing value rapidly and thereby hiding the real decline in nominal numbers?

>> No.54966875

the crash is slow, because of the insane computational requirements of calculating the unwinding of every bullshit 'financial instrument'

>> No.54966909

the 2008 financial crisis started in 2006
or by "crash" do you mean "literal mass extinction event" and refuse to accept anything less because "nothing ever happens?"

>> No.54966923
File: 220 KB, 1948x613, Screenshot 2023-04-29 050238.png [View same] [iqdb] [saucenao] [google]
54966923

>>54966615
they all have the same faces

>> No.54966962

>>54966909
the 2023 financial crisis started in 2020

>> No.54966979

>>54966962
what crisis, though?

>> No.54967008

>>54966615
>>54966923
also that guys co-host looks like boomer rage grifter Mark Dice

>> No.54967341
File: 254 KB, 655x674, 1677510926972574.png [View same] [iqdb] [saucenao] [google]
54967341

>>54966615
so i watched two of this guys three most recent videos in full.
personal conclusion: that guy is absolutely clueless.
there is no banking crisis, there is no recession, there are no deflationary tendencies, the labor market is not cooling, unemployment will not increase and the FED will not cut their funds rate.
simple as

>> No.54967362

>>54966923

It is the face of a "finance addict". Gamblers develop the same phenotype, because finance is literally the same thing. Yet finance addicts delude themselves into thinking they can find patterns.

>> No.54967422

>>54966923
>>54966979
>>54967008
>>54967341
I was about to agree with you but you mass replying has only left me with one reply.

Faggot.

>> No.54967451
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54967451

>>54967422
>

>> No.54967469

>>54967451
I got dubs and you haven't in all these posts.

KYS.

>> No.54967527
File: 44 KB, 680x792, oh no anyway.jpg [View same] [iqdb] [saucenao] [google]
54967527

>>54967469

>> No.54967610

>>54967451
Why did you use a picture of me to respond to that anon?

>> No.54967647

>>54966615
Look at that dude. Look again. I wouldn't trust him to run a 7-Eleven or a WaWa. Anyone who takes financial advice from a guy who looks like that gets what they deserve. Nothing.

>> No.54967667

>>54966637
>the currency is losing value rapidly and thereby hiding the real decline
so I should buy real estate?

>> No.54967678

I keep telling crypto/biz/ and /smg/, it's not going to go back to 10k or back to 2.5k or whatever. The market will crab in this range for years because the interest rates will never be high enough to totally flush cheap money, as long as the government is backing mortgages from nigs n beans at the expense of whites/asians we will never see retards who are financially insolvent actually suffer for it.

>> No.54967681

This crash is interesting because it's just murking the poors and working class who have been steadily losing for decades anyways. The financially secure are traveling and buying luxury cars at insane rates. I've been on one vacation already this year and easily going on another 2. My net worth is at ATH. Normies are fucked but their slice of the pie has been reduced to so little that they don't matter. They also don't care and only whine about trannies and the negro saint of the month. It's over for them.

>> No.54967722

>>54966615
WHERE THE FUCK IS EMIL?

>> No.54967733

>>54966962
September 2019 akshually

>> No.54969077

>>54966962
1913 actually

>> No.54969315

>>54967678
Do you think the halvening will still pump crypto in these conditions?

>> No.54969580

>>54966615
Jeff is based, and you all are faggots

>> No.54969849

>>54969580
correct take

>> No.54971250
File: 9 KB, 543x602, 1678663513683879.png [View same] [iqdb] [saucenao] [google]
54971250

>JEFF SNEEDOOOR
>LE DOLLAR SHARTAGE

>> No.54971261

>>54966615

Jeff "long bonds in 2021/22" Snider

>> No.54971299
File: 112 KB, 1090x482, 195342355633322.png [View same] [iqdb] [saucenao] [google]
54971299

>>54966637
>40,000 USD

>> No.54971452

>>54966615
You know how it goes: slowly and then all at once.

>> No.54971457
File: 58 KB, 971x846, dogwhistles.jpg [View same] [iqdb] [saucenao] [google]
54971457

>>54967341
>there is no banking crisis

>> No.54971507

>>54966637
Losing value relative to which currency?

>> No.54971529
File: 143 KB, 1008x580, Real-House-Price-Growth-Chart-UK-1.png [View same] [iqdb] [saucenao] [google]
54971529

>>54966962
1997

>> No.54971769

>>54969580
his style is a little theatrical

>> No.54971799

has jeff snider ever given one single piece of actionable investment advice? i hear this guy on podcasts and he goes on and on forever but never seems to come to a conclusion about what is going to happen and when. he just says the fed has it all wrong again and again but doesn't actually offer anything up. seriously stop listening to him

>> No.54972120

This recession is lot like the covid vaxx. Most people are unable to look at a data set and form a conclusion. They have to be told what to think.

>> No.54972225

>>54971507
>Which currency?
Gold. Just hit new ATH. Mostly against goods and services like food, energy and shelter though. All commonly used currencies are being debased in tandem.

>> No.54972252

>>54966615
i can't reconcile loan delinquency trends and indebtedness trends to observations of reality, where cost of living has drastically outpaced wage inflation for the vast majority of blue and white collar workers. it makes no sense.

>> No.54972277

>>54967362
Can someone explain this to me in the format of "the X years old Y'er" with greentexted facts about this persona? Thanks in advance.

>> No.54972446

>>54966615
How many crashes have you seen?

>> No.54972515

>>54971799
i think he views himself has a teacher

>> No.54972607

>>54971799
it's formulaic and consistent with any guru or leader that appeals to normalnigger psychology. position yourself as an authority and then talk in circles without saying anything actionable or of substance. as long as you maintain that aura of authority, the scam can run indefinitely.

>> No.54972709

>>54972607
This is correct
You see samplings of this in headlines
>FED rate COULD lower the price of Pepsi because of THIS
yeah, could, because it also could not
never take a firm position and you’re never wrong