/biz/ - Business & Finance

>>16937255
Margin Call is a great movie, it has perfect pacing IMO.

>>16937312
Yeah it was really good. I also enjoyed The Big Short but it's vastly inferior imo.

>Something like the subprime crisis is bound to happen again, right? What form will it take next time?

Yes. A lot of people think it will be the student loan bubble, but personally I think it will be a different straw that breaks the camel's back and triggers credit default swaps en masse that results in banks suddenly being in too deep for underwriting speculative credit.

>how do I prepare

Hard to say.

>Who even runs this shit at the highest level?

Nobody.

the jews

>>16937255
It'll be the same on repeat because the foreign debt crisis wasnt solved and there is no way anyone will pay back anything anytime soon. At zero interest currencies will die one after the other. This is happening already yet EUR and USD are comparably safe and strong. They'll fail, eventually, and will be replaced by decentralized financial systems. Most likely BTC as a reserve/standard with millions of regional and local currencies for everything you can imagine and some fungible and internationally accepted currencies.

When governments have the power to print money, guess what they'll do.

>>16937366
>A lot of people think it will be the student loan bubble
If a lot of people think that, isn't it unlikely to be that? Wasn't the subprimes crisis partly enabled by how utterly blind everyone except top execs was to what was going on?
Do you have a specific hypothesis, though?
>Nobody.
So pic related is right, then?
I thought some entity at least had a great amount of oversight concerning worldwide economic and fiscal policies. I was mainly thinking about the Bank of International Settlements, although someone once told me Blackrock pretty much ran Wall Street at some point.

>>16937255
everything is a trick
the crisis happened only because they allow it. nothing you can do about it.

>>16937403
>one out of sync chain link
>chain link
>chainlink

>>16937415
I always thought that if a single family controlled the world they'd be smart enough to avoid anyone knowing their name. Are the Rothschilds really the upper echelon?

>another NPC watches financial movie and becomes doomer
Consider suicide

>>16937403
>that image
Very very interesting.

>>16937472
>gatekeeping curiosity itself
It is you who should off yourself, m8

>>16937255
nobody controls it, no really nobody
everything the masters of the universe can do is panic plays with a limited window of opportunity and declining returns and they know it

the next shit show will start in europe with deutsche bank they have 50 trillion of worthless shit on their books, banks have stopped lending to eachother since september because nobody can accurately determine eachothers real exposure to DB
this crisis will lead to the death of the euro and the breakup of the eurozone and with it take a lot of global consumers offline into poverty tier, so yes even burgers will feel the effects
the real reason behind it is the lack of eurobonds due to the circus that is the EU the ecb cannot print all out, which is what they should be doing

>>16937661
How did you come upon that info? I don't see any particularly alarming news on Deustche Bank after looking that up.

>>16937255
Sovereign debt crises is next up. It’s the reason why whites won’t ever be a minority in their crises. The government will run out of money to pay for the various species of nigger.

>>16937312
It was cringy in its preachiness, just like The Big Short, but the latter at least had fantastic cast.

>>16937466
The rest of the world doesn't. And then there is this fucking board.

>>16937756
Most people know who the Rothschild family is, if only because of the general population's recent and increasing exposure to "conspiracy theories".

>>16937393
>At zero interest currencies will die one after the other
could you explain why to a financial illiterate + 106 IQ braindead primate ?

>>16937403
pseud bullshit, it's not computers that come up with the narratives. Another edgy nihilist who doesn't see there is a real actual narrative underlying actual reality.
>>16937486
>I AM CURIOSITY ITSELF

>>16937814
>there is a real actual narrative underlying actual reality.
What is it?

>>16937415
>you have probably never heard of me
lol

>>16937255
> Who even runs this shit at the highest level?
the sinners.

>>16937820
Hard to say, but the fact that we have a concept for truth and can obtain knowledge in a manner to give advantage in life means there is one.
We can only approximate the truth, though. That's why there's different narratives. Some are better, some worse.

>>16937865
None of this goes against what the guy said.

>>16937684
well no shit google algorithms actively suppress that information out of the top pages
just look up their balance sheet or if you want an easy source martin armstrong seems to be pretty on point on a lot of things

>>16937255
>student loan bubble
>another real estate bubble
>auto loan bubble
>consumer debt bubble
>sovereign debt bubble
>dollar collapse

Probably in about that order.

>>16937874
It does, computers are incapable of making up completely fake narratives unbound by reality. Humans would not swallow it.
Either way I strongly believe if computers do run market narratives the seed of them still has to be suggested by humans and until a true AI, always will be.

>>16938027
You don't need the human element once you get the thing running, that's the point.

>>16937684

Wtf there has been endless noise that db is fucked. The German gov even tried to merge them into commerzbank to cover it up and it fell through

>>16937403
>>16937437

>>16937255
dude, i've been reading "options, futures, and other derivatives" (standard university derivatives textbook) for the first time. it's crazy how much removed all this shit is from actual assets. like, people trading contracts 3-4 orders removed from the actual asset. in fact, assets don't really change hands that often, it's mostly just betting on prices but that betting takes the form of futures and options and other shit. it really is a house of cards.

>>16937403
Pic is partially right. There's a non-negligible element in markets that's likely to swing one way or the other due to some feedback loop. Your best way to survive is to have a good community to rely on if shit hits the fan. There's more to life than stocks and money. Money is only a means for transferring value. If your community can generate and share value, then you should be ok if finance goes fubar.

>>16940331
>assets don't really change hands that often
Anon, did you see the /thread a few months back?
https://en.wikipedia.org/wiki/Cede_and_Company
>Cede technically owns substantially all of the publicly issued stock in the United States.

Then in '12 all the certificates got washed away in Sandy. Literal trillion of dollars in paper lost!

>>16937255
OP,
Have a read of the below

https://www.bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2014/money-creation-in-the-modern-economy

https://www.bankofengland.co.uk/markets/bank-of-england-market-operations-guide

https://en.wikipedia.org/wiki/The_Grace_Commission
>The report said that one-third of all income taxes are consumed by waste and inefficiency in the federal government, and another one-third escapes collection owing to the underground economy. "With two thirds of everyone's personal income taxes wasted or not collected, 100 percent of what is collected is absorbed solely by interest on the federal debt and by federal government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services that taxpayers expect from their government

>>16937255
>Margin Call

Anyone know where I can watch this shit for free?

>>16941111
As you got quads
https://swatchseries.co/episode/margin-call-swu-e1.html
I'm sure there is better out there...

>>16937403
This sounds like the early stages of a roko's basilisk type situation

>>16937255
https://www.youtube.com/watch?v=2f2kGHcdJYU

best scene

>>16937255
Did someone say tentacular?

>>16941620
It’s pseud horseshit.
Machines only give data about certain markets which can influence certain behaviors but other than large corporations and very greedy individuals most content creators (especially youtubers) are more concerned with HUMAN created policies making them obsolete than algorithms promoting them or not. The guy who wrote that clearly has no idea how modern content creation works.

>>16937255
Watch these:

https://www.youtube.com/watch?v=2VauMFaHJT0

https://www.youtube.com/watch?v=MpG-r9FnnXY