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/biz/ - Business & Finance


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55597282 No.55597282 [Reply] [Original]

Is the economic crash just a meme, or is it real and the markets are just detached from the economy?

>> No.55597309

>>55597282
Just bet on both sides.
Buy JPM and physical silver.
If you believe in the crypto hype just buy Blackrock shares.

>> No.55597603
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55597603

>>55597282
B mostly.

Bears are all atheists that forget that coins like chainlink will usher in the mark of the beast. Crypto replacing fiat to become a one world control scheme is inevitable so bears are not only stupid, they are also atheists.

>> No.55597693

The latter. Markets haven't been allowed to collapse naturally, which is how resources are supposed to be reallocated to the right industries. Instead we have artificially propped up the financial sector, who largely only exist to syphon wealth from the real economy.

Effectively we shunned the chemotherapy would cure us and instead have given our cancer a name, bought it fancy little outfits and keep feeding it with plenty of cigarettes and alcohol.

It seems that reorchestrating capitalism to serve only the super wealthy has been the real playbook for a while and any genuine believer of capitalism as a system of effective resource distribution has been a useful idiot in the elites game, and that would of course include bears who naively assume the system must correct because that's how capitalism should work.

>> No.55597750
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55597750

>>55597282
The stock markets really is that detached from reality. There are many macro indicators showing the development of a global recession but the markets dont give a fuck about it. Were you not paying attention when COVID hit? Industries were locked down yet we had an insane bull run. Same thing this time. The stock market has a very a weak correlation with current macro conditions. Paying too much attention to macro conditions will cause you to miss out on making money.