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/biz/ - Business & Finance

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9553101 No.9553101 [Reply] [Original]

How to prepare for Great Depression II this October?

Still haven't found a job yet after graduating so I'm really concerned since I don't have any capital saved up.

>> No.9553174

>>9553101
why do you believe it will be great depression ii in october

>> No.9553233

>>9553101
Gasoline is s-teir recession investment if you can store it safely. If you add water it wil mix with the ethanol and float to the bottom so it doesn't go to shit in a month. Without money you won't be able to do much though.

>> No.9553571

>>9553101
I posted in your thread answer me

>> No.9553596

>>9553101
all in crypto till december
then all in gold till october 2022
then all in crypto

>> No.9553841
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9553841

>>9553571
We just bouncef off of a euphoric all time stock market high, and we're at "return to normal" on the bubble meme chart (also recent high volatility). Most new IPO's are for companies that have negative PE ratios, meaning that they lose more money than they make despite being valued at tens of billions of dollars. Consumers have been substituting stagnant wages with personal debt in order keep the economy alive but now they're maxed out and can't take on any more debt. Literally nothing has changed since 2008 and housing prices are just as inflated as they were in 2007. Also this:

https://fred.stlouisfed.org/series/IBLACBW027NBOG

>> No.9553891

>>9553841
intedasting

>> No.9553967

>>9553841
So we should sell?

>> No.9554076

>>9553841
>https://fred.stlouisfed.org/series/IBLACBW027NBOG
Explain please?