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

/biz/ - Business & Finance

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55128362 No.55128362 [Reply] [Original]

>raised rates to 5%
>still no meltdown

Did Jay actually achieve a soft landing?

>> No.55128377

What if the US military/govt/banks have access to AI technology that's beyond what we know. They always say US military is 20 years ahead in tech, maybe 10. It could have found a way to avoid a recession?

>> No.55128382

>>55128377
>They always say US military is 20 years ahead in tech
The US is years behind Russia in hypersonic development, and we're decades behind China in the race to develop a lunar base.

>> No.55128383

>>55128362
>still no meltdown

Were you asleep all of 2022?

>> No.55128390

>>55128377
>found a way to avoid a recession

Worse. They know how to cause one, and are doing it on purpose. It's all planned.

>> No.55128423

>>55128362
?
>>55128383
This.
But also, OP: did you miss the banks exploding and almost taking shit down like dominoes directly due to the rate hikes? And the Fed having to write blank checks to save everyone's money? Including our own USDC?

>> No.55128431
File: 160 KB, 1242x215, 4217D8A1-C617-430F-8668-4BFF52B26170.jpg [View same] [iqdb] [saucenao] [google]
55128431

>>55128362
lol

>> No.55128477

>>55128362
can he do 10% tho?

this dude did 5% real easy

>> No.55128487

>>55128477
No lol. The fuck. Over half of banks are in danger of going under. More rate hikes = worse it gets. He's playing with fire.

>> No.55128490

>>55128382
Us is behind china in everything electronic/cyberspace

>> No.55128491

>>55128383
>>55128423
Nothing compared to 2008.

>> No.55128549

>>55128491
This is going to be way worse than 2008.

>> No.55128998 [DELETED] 

>>55128377
There's this thing called the business cycle with boom and bust times. Profits must be taken and government bailouts of banks must be had while real wages fall and labor suppressed because that's the only driver of inflation. People don't want to work anymore.

They engineer recessions on purpose, and it's by design for the reigning economic model they agree to use, and this is not some hot take, they teach that shit in elementary school.

>> No.55129108

>>55128362
Jobless claims are steadily going up. Powell also doesn't want a soft landing

>> No.55129144

>>55128549
>HAVEN'T YOU BEEN PAYING ATTENTION ITS BEEN HAPPENING
>IT HASN'T HAPPENED YET IT'S GONNA BE WORSE THAN YOU CAN POSSIBLY IMAGINE

4chud.cel

>> No.55129147

>>55128383
you're crazy if you think 2022 was horrible. I guess it's a bad time to be a crypto bro but 2022 was the most orderly sell off you could ask for. We haven't seen real pain anywhere.

Inflation is looking to be sticky as fuck so if you think this is gonna go away and the worst is over then you're delusional (like me for i have not sold)

>> No.55129264

>>55128382
Source ?

>> No.55129275

feels like this tech run is a textbook example of an exit pump prior to a devastating crash... remember the days before 2008... rally in tech exactly like this

>> No.55129279

>>55129144
>>55128549
>>55128362
You retards have no idea how slow these things happen.

Yes it will be worse than 2008, just won't happen overnight, likely next year, likely after another parabolic bull run.

This situation hasn't been defused, the bomb is still ticking.

>> No.55129314

>>55129279
the stage is now perfectly set, it could be today and play out like a fairytale

>> No.55129324

>>55129279
lmao you losers have been screeching about an economic cataclysm since this board was started to contain you
every year that passes and it doesn't happen one of you ends up on the news

>> No.55129353

>>55129324
>banks failures and being incorporated into larger banks
>volume of failures larger than 2008
>fiat system failing in third world countries being dependent on dollar supply
>debt default leading to further devaluing of the dollar
You really don't see it do you? The date of the crash is likely the end of the decade, the date of the great depression is likely next year.

Enjoy the bull runs inbetween

>> No.55129378

>cake used to be 3 dollars in 2017
>then it was 5 dollars in 2022
>now it's 4.75 in 2023
This is it nigger, we have achieved the soft landing. You are welcome.

>> No.55129385

The only difference between now and 2008 is that now the jews are more in sync with what should collapse (crypto related shit is their choice) and just pretend everything else is fine, as long as they don't try to outjew one another it'll be fine.

>> No.55129482
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55129482

They don't need to raise rates. We are at the phase of the cycle where OPEC controls oil supply again and they are being stingy about oil trade. We are in deflationary waiting room, when the next set of permian basin drilling rigs try going online and costs of doing so set in you will see the real shit hitting the fan. Shale was the miracle that kept 2010s economy up we don't have it this time.

>> No.55129837

>>55128382
US is smurfing. Its Sun Tzu 101.
As soon as the bugs and vodkas think they’re ahead and fuck around all of their leaders will be vaporized in their kitchens whilst eating breakfast by an intergalactic ion cannon.

>> No.55129978

>>55129324
Multiple generations are already priced out of ever owning homes, with signs of the situation getting far worse before it even begins to get better. The collapse has been happening for years. You’re just a frog in a pot that’s been slowing heating for decades. Now that the temperature is starting to kill off other frogs, ignore it.

>> No.55131280

>>55129482
This guy gets it. Add in the ramifications of student loan depth repayments returning in the USA. And at a monstrously high interest rate, too. All while Covid era savings are exhausted. And more and moee personal and corporate debt rolls over. Q3 will be fun.

>> No.55131456

>>55128362
>Did Jay actually achieve a soft landing?
When this becomes the popular opinion we crash. 100% sure of this.

>> No.55131699
File: 21 KB, 358x308, 4cc.jpg [View same] [iqdb] [saucenao] [google]
55131699

>>55129978
>we may have been wrong this time but one day! one decade! we will be right and you WILL lose everything and we WILL finally have SEX!

>> No.55131820

>>55131699
Nigger, what are you talking about? We’ve had multiple massive market corrections in just the last few years. Your dollars are significantly weaker than they were pre-COVID. What was predicted has already happened. We’re just waiting to see how bad it gets.

>> No.55131850

>>55128382
You have no critical thinking skills

>> No.55133050

>>55128382
It's really a nice bait. I didn't even read, but the smell of these seething burgers was delightful for my European nose.

>> No.55133255

>>55128390
This. They’re reptilians and they’re evil. What could possibly make you think they care about our physical or financial wellbeing after everything that’s happened in the last 20+ years