/biz/ - Business & Finance

>>56097731
>1 in 3

Still better than 0% I guess

People are not kidding when they say we are in the Silent Depression.

Last time I was in NYC, which was 3 weeks ago, the streets stunk of POT. Aggressive pan handlers everywhere. $7 for a street hot dog. Trash in the gutters. Yet normies didn't give a fuck and move on through the garbage.

>markets

I wish the USA grew a pair and defaulted on its debt instead of kicking the can over and over.

>markets

bros are we gonna be ok when the whole retail market collapses? Wagies are quitting en masse, companies like Walmart are kick starting automation while laying off a shitload of workers from pharmacists to distribution centers, and student loan debts will resume in October.

Then factor in shit like credit card bubble, consumer debt and auto delinquencies sky rocketing while savings are at all time lows. This shit is going to have a NASTY domino effect that will make the USA savings loan crisis from 1980's-1990's look like a total joke.