/biz/ - Business & Finance

>>19292046
I'm an elder millennial that jumped in about a month ago. I'm an out of work bartender, no insider, total newfag, my opinion is probably trash.
I liquidated my entire portfolio on Friday, with the exception of a smallish position in SRNE. I don't think we'll make it thru the first week of June without another major leg down.

We can all see that the markets are completely disconnected from the larger macroeconomic data (unemployment numbers, retail bankruptcies, on-the-ground sentiment). Yes, "the Fed is juicing, TINA, FOMO... just wait till we reopen!"

The faggots still shilling this "boom" that is about to happen are either completely delusional, or they are outright lying to you so that you'll hold their bags. I live in one of the first states to reopen. People ARE NOT going back to work, they ARE NOT packing the bars and restaurants, they ARE NOT buying homes.

This economic turndown is not temporary bc of "muh lockdown", corona was an excuse for these bastards to pop the everything bubble. What is coming for the USA is a raping unlike anything we've gotten since the Brits burned the White House back in 1812. Great Depression? We should be so lucky.

The Fourth Turning is here, we are surfing the Kali Yuga. All we can do is embrace the destruction, and position ourselves to rebuild from the ashes.

TL;DR - Pic Related