/biz/ - Business & Finance

Blame the boomers. They are burning the world down to protect their own.

The democrats created this common cold, its not even that bad ffs

check out the joe rogan podcast uploaded yesterday, he’s an expert in viral epidemiology. watch the first 20
minutes.

it’s unironically ogre.

>>17714875
The virus has nothing to do with inflating the bubble we are in. This catastrophe has been in the making for 11 years

>>17714804
Wait when the US goes to war with Iran on top of it all.

>>17714893
FInally not a retard.
They are dumping everything into oblivion, virus is just smoke and mirrors for the goyim, so no institution will be held accountable.

>>17714907
You mean FOR the Iran like the last time in Iraq

Oh look another retard vomiting back the propaganda that got shoved down his throat by msm. Truly OP is always a faggot

>>17714875
I have seen a clip of that fear mongering retard. He makes money off of the panic over a little nothing burger.

>>17714893
>>17714913
Yeah, not like production lines are interrupted by people getting sick, next time you have a thought please realize that you're a low IQ subhuman with no future and that you're pretty much wrong on every single thing.

>>17714995
I'm not saying production lines are not interrupted, you idiot, ffs learn how to read first

>>17714980
Don't forget to report jewtube shills for advertising and begging

>>17715029
Reporting every single one trying to make money off of this hoax hysteria.

>>17714804
It's at least an order of magnitude more lethal than the flu, not the sniffles.

Moreover, the global markets were already set to collapse, the virus was just a Sparta kick off the precipice.

All of the shit that caused the last GFC is still happening. Governments are in more debt and central banks have no room to lower interest rates. Repo markets are being bailed out to the tune of hundreds of millions of dollars as we speak.

All of this shit show is "justified" on the basis of a nu-Keynesian philosophy called "Modern Monetary Theory" or MMT for short, which argues that government can print money indefinitely with no consequences.

This is retarded for many reasons, here are two:

- If there is an infinite supply of fiat, what is fiat worth?

- If all this is true, why are we expected to pay taxes?

Notice this, and you've figured out how insanely corrupt the system has become. This is the reason bitcoin was first developed, sound money (a truly scarce resource) outside the control of governments and central banking cartels.

>>17714804
nice trump economy maga tards

>>17714893
Yes but instead of a pin to prick the bubble, we got hyersonic nuclear missile slamming into it it at mach 30

>oh noes some boomers have the sniffles and stonks are down 20% ITS LITERALLY THE END

>>17714804
Have you seen the death rate in Italy, man?

*aachoo*
oh no i must sell all my stocks!

>>17714861
>muh dems
Are you people really this retarded?

>>17715848
Closer to 2 orders of magnitude

>20% of infected develop severe respiratory problems, i.e. pneumonia
>"NOTHING EVER HAPPENS"

>>17715848
Its literally a few sniffles and the economy is not going to collapse. Retards are just panicking over a cough and then the market is going rebound when people realize this was all a hoax.

>people still think the world is ending
It’s like these dorks haven’t read revelations. We still have a long way to go.

>>17714875
>>17714980
ive stopped listetning the moment he completely dismissed the idea it's, man-made bioweapon

>>17714804
That is the fucking BEAUTY of it. No real danger. Yet get a chance to buy low. A wet dream come true.

>>17714995

>>17714804
Let me explain this to you so you'll understand. A healthy economy can easily deal with 1-2 months of disruption without issue. The fact that this one can't indicates that the economy isn't healthy and carries too much bad debt. How does this happen?

>US banks are required to transfer fractional reserves between each other when lending to each otehr, equal to a % of the loaned capital

>No such restriction applies to lending between US and euro banks; thus US banks and Euro banks routinely "loan" dollar denominated Euros and euro denomiated dollars to each other without exchanging any assets, essentially prining this money into existence.

>Euro banks then lend to Chinese primary lends for higher yielding foreign assets

>chinese primary lender goes to Jian Yang, who want to open a toy factory in china, and hands him the capital well above the benchmark lending rate.

>year goes by and Yiang needs to pay his interest - but he can't. Chinese primary lendere now needs to either let the debt go bad and dump US treasuries to cover (bad), or keep tehir bad debtors on life support by lending them MORE capital and hope they can pay next time around.

>as the cost of this life support increases banks have less and less capital on hand and more capital lent out. Since they have capital reserve controls in place they must go to the REPO market to secure short term liquidity.

>Now this is the big misconception. People assume banks need liquidity injections because they are broke, but it is their debtors who are broke. Everyone pushes on the REPO market at once, and keep lending bad debts. Quickly the $50 bn in repo operations required to keep life support interest payments going requires $100 bn, then 150... then ...

>Eventually you need to either print yourself to zero purchasing power or let bad debts crash your balance sheet to zero... But either way this is how a reset starts.

hope that makes sense

>>17716397
can someoneexplain to me how is the US in debt with the chinks? We owe the 30 trillions of $$$

>>17716453
Bonds

>>17716465
can we just tell the chinks to fuck off?

Its sad I never got to have sex before the world ended. Why bros

>>17716479
that's what cousins and imoutos are for.

>>17714893
we're not in a bubble, you just don't understand how exponential growth works, put up the log graph

>>17716479
Buy link @ $4 watch it go up to 4.80 that day. Watch it fall to 3.60 the next day. That is the same feeling of sex.

>>17716098
why don't you look up the symptoms, retard. It's SARS, according to Italy, 55% of cases need some kind of hospitalization

>>17714804
It's media.

>>17714804
>>simle cold

Global pandemia which kills hunderds of millions people is normal and natural thing in human history. Last big one was spanish flu which killed more man the ww1. We just became too comfortable and falsely secure. It is a better to overreact about possible pandemia.

>>17714804
If you think its a simple cold, book a trip to Italy. You can get tickets for super cheap and have Venice all to yourself.

>>17716610
except this one was made in a lab

>>17714893
>muh bubble
Where? Please point this bubble out to me.

>>17714943
I have not once heard a mainstream news station try to downplay Coronavirus. The only ones trying to do that is the Trump administration.

>>17716644
>thinks a strong economy means a bubble
This is why I hate doomers.

>>17716644
right here

Since when does the cold send you to the hospital 20% of the time?

Manhattan NYC fag here. I got sick last week. Fever for like 2 days, dry cough. Worked from home and didn't take a day off. Does my blood need to be studied for a cure now?

>>17716677
It doesn't matter if bubbles aren't real. What matters is if the majority think a bubble is real. That is a general rule with stocks. It's half how the company is doing, half how people perceive it's doing and all influenced by what some old dieing boomer fag investor says on CNBC.

>>17716610

>>17716610
>hunderds of millions

last projection i heard was 15 million. that's 0.2% of the world pop. big whoop

>>17716701
Boy the wu flu really sounds rough. Glad you barely survived.

>>17716701
The corona virus double dips. The fevers gone now but you’re either going to catch it again or you’ll get a spontaneous nervous system collapse that will instantly kill you.

>>17716738
>2014 THE EVERYTHING BUBBLE IS ABOUT TO POP
>2015 THE EVERYTHING BUBBLE IS ABOUT TO POP
>2016 THE EVERYTHING BUBBLE IS ABOUT TO POP
>2017 THE EVERYTHING BUBBLE IS ABOUT TO POP
>2018 THE EVERYTHING BUBBLE IS ABOUT TO POP
>2019 THE EVERYTHING BUBBLE IS ABOUT TO POP
>2020 THE EVERYTHING BUBBLE IS ABOUT TO POP
No, its people like you who constantly scream about bubbles that are the problem.

>>17716700
When people are freaking out about it. Youtube search for any interview with an infected. People are being locked in hospitals if they show no symptoms. (Racking up huge medical bills for the hospital to baby sit you and give you tylenal) You can tell the anchors are TRYING to make them sound scared, but the infected are not. Corona is mostly hysteria. That latest animal themed virus out of China for soccer moms to worry about as they watch CNN right after Dr. Phil or read up on why they need a salt stone lamp that shits lavender oil.

This is literally a scam on the lower class and a big money maker for the elite and the media.

>>17716746
1) 15mil lost is a lot and will have impact on economy, politic and societies. Ww1 took 20mil and we still handling its effect nowadays.

2) Projections and forecasts now has zero value - stuff is too complicated and have too many unknow variables. Best strategy to ignore them all and go full defence/quarantine mode. The price of mistake can be devastating.

>>17716795
I just have a lingering little dry cough. All these retards on the subway wearing masks are annoying me. Corona ain't shit. Fake and gay.

>>17716822
Never screamed about bubbles, I gave you my view of bubbles and perception vs reality. You sound mad and are trapped in an antagonistic mindset. I converted to cash on a hunch before this all happened. Got lucky, and I'm not a pro investor. My view isn't "omg bubbles" it's that historically the stock market takes a fat shit now and then. Call it whatever name you want. It doesn't change the field you are playing in.

>>17716507
>we're not in a bubble, you just don't understand how exponential growth works, put up the log grap
>exponential growth based on debt, money printing and corporate buy backs with said meme money
you just won the brainlett in the thread award, please tell the crowd how you feel about this accomplishment

>>17716852
1. its is not because the world population is bigger. only old people have a significant enough mortality rate. under 40s have an observed 0.4% chance.
2. your point can go the other way. it could turn out to be literally nothing. in nature, the old and weak die. the strong survive.the end.

>>17716825
This guy gets it. Its all fake and gay. Just a little cough that the media wants you to freak out and spend money on.

>>17716472
Honestly, we could its just nobody knows what will happen.

>>17716040
That's 20% that require supplementary oxygen or mechanical ventilation. Right around 100% get pneumonia.

>>17715848
>y do we pay taxes
to keep up the illusion that fiat currency is valuable and scarce like gold and silver
LMAO SIKE NIGGA THAT SHIT CAN JUST BE PRINTED DAWG SHHIIIIIT IMMA SMOKE UP USING MY BOY BEN FRANKLIN AS ROLLS NIGGA SHEEEEEEEIIIIIT

>>17716098
Did you even bother reading?
Nope, youre busy licking trumps sack repeating that "hoax" shill.
Go ahead and lick some doorknobs too if your not afraid of disease, because daddy Trump will keep you healthy with his nut juice.

>>17714804
Pandemic bonds are backed with actual cash. Not margin. Not IOUs. Not crypto created because someone says so. Actual fucking, measurable dollars. Think about it for a few seconds and what covering those is going to entail.

With stop losses melting + margin calls throughout the correction, this shit is amplified even more. To say nothing of the actual cash lost to logistical shutdowns in the supply chain and what that means for businesses liquidating leveraged investments to cover those.

The paradox between the finance/derivative systems and the real world is resolving until people regain their conference. Since these people aren't A.D.D. millennial faggots, it's going to take time.

>>17714804
It’s literally just sinus congestion, these people are crazy.

>>17714804
It’s fucking crazy. My dad just stormed upstairs because I said he’s acting like the sky is falling. He’s suddenly all concerned.

>>17714804
The funny money party was going to end at some point, if this is what the first domino is, so be it.

>>17714804
you dont get it. white people told their kids and grand kids the yellow man would die out. they talked of japan being depopulated for decades and the boomers were expecting to be able to retire in japan. they were pissed like 7 years ago when that didnt manifest. then there was the 12th time the dems hyped a korean war which prompted violence in america. black people cant be trusted to do anything. then they expected a war with china because neocons brainwashed white supremacist and when that didnt happen they needed a win so they told every one that china was going to die because the white man made super aids to kill yellow guys

interestingly enough much of wallstreets banker jews are white supremacist who admitted they played favorites a couple years ago when put on the spot about similarities in economic conditions and difference in how they were being reported. so the banker jew believed the redneck neocons lies and now the sins of the father are weighed

>>17714804
Then buy SPXL you bitch

>>17714804

>>17714943
>NOOOOOOOOOOOOOOOOOO
>DON’T TALK ABOUT CORONAVIRUS, NOT THE HECKIN’ STOCK MARKET, NOT THE FREAKIN’ TRUMP REELECTION CHANCES

>>17719562
The common flu is worse. Deal with it.

>>17719696
>he still doesn't get it
i hope you're not in charge of other people's money with that level of risk assessment skills

>just a cold bro
I'll enjoy your estate sale OP

>>17719786
All you have to tell the "it's just flu" fags is that it's kinda like the flu, except it beats up your respiratory system like it owes money and you can't develop immunities against it.

>>17716605
Bullshit. The media have done nothing but underreport and lie about the incubation period. Google "5 day incubation period" and see how many outlets are reporting this to stem the panic, when it's well established to be 2 weeks.

>>17719786
add influenza to that graph faggot

>>17720477
He won't because he knows it will make this hoax look like nothing.

>>17714875
>check out the joe rogan podcast

>>17716644

Why are you using a logarithmic scale, you idiot

>>17714804
It's the end of the world, time to accept it!

>>17715944
btc is down like 12% and the nocoiners already started calling another death
they weren't around for the 85% drops

>>17714893
Yep, they didn't really fix too much after the last financial crisis. Odds, are they won't fix much this time. Look forward to seeing this thread again in another ten or so years

>>17714861
democrats created the virus HOW?
Holy SHIT, you're fucking dumb as hell

>>17714804
Corona is the trigger, this was a long time coming especially with brexit/trade embargoes/etc.

>>17715965
>>17721655
He's obviously trolling, you brainlets. Dems suck though.

44.2% death rate in Italy
>44.2% death rate in Italy
44.2% death rate in Italy
>44.2% death rate in Italy

>>17721764
Link to evidence of 44.2?
that's so insanely high

>>17721764
Absolute depreciation of hoaxers. It must make you angry that you never will scare me into buying extra beans and toilet paper.

>>17714804
Buy coronacoin, dumbass.

>>17721862
The USA has closed all travel from Europe.

>>17714804
I think what's interesting about is that this may lower the average global life expectancy to like 50 if people don't develop a fantastic immunity across the board.

Only about 0.2% further down until the breakers hit.

this is gonna be awesome been waiting for a chance to get back into the market

>>17721837
https://www.worldometers.info/coronavirus/country/italy/

Add deaths to recovery to find number of people who have experienced the full course of the infection, then divide the number of deaths by that to get kill rate. They play semantic games with terms like "mortality rate" to make it seem lower than it is.

The kill rate is 44.2%.

Late stage capitalism.

>>17714804
It's not so much the world as the world is stupid and this is the old guard in charge of the media shitting the bed and driving panic because orange Hitler is guaranteed a win.

It's a last ditch political play, ruin the economy and hope that will incite those in the middle to vote for change.

>>17722061
This, the time to choose between fascism and communism will come again just as it did in the 1930s.

>>17722191
Hopefully we’ll choose correctly this time

>>17721957
I was running these calculations and getting similar results back in January. It's just not representative with how lengthy the time the infection lingers around before you're totally recovered, in the early weeks of spread in a country. The real answer during that period actually does seem to be lying closer to deaths / infected. Obviously that's not the value, but the death to recovered ratio just doesn't hold in early stages. Later in the spread, death to recovery stabilizes down at a lower ratio.

>>17714907
War would be a great way to recover the economy.

>>17714830
This. It's only dangerous for boomers so that's why they're making such a huge deal about it. They don't care how it will affect the younger generations.

>>17721957
what are all the other cases then? Why aren't they part of the equation?

>>17717177
odd digits
maybe trump will be the first to try it lol

>>17714875
>joe rogan podcast
Jesus

>>17721905
Good, keep all those homosexuals where they belong.

>>17714907
do you guys think that maybe the virus is just used as a mask to cover up the upcoming war with iran? or is the upcoming war with iran an attempt to boost the economy after mexican beer virus destroyed it?