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/biz/ - Business & Finance

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17890103 No.17890103 [Reply] [Original]

First crash was caused by Trump pancaking on covid being a nothing burger to "BAN TRAVEL FROM EUROPE"

Second crash was caused by LA, NYC, Chicago, Philly, etc, closing EVERY restaurant, bar, club, and entertainment center

Upcoming third crash is the real crash. This is when the economy actually gets heavily hurt by this authoritarian bullshit fueled by hysteria. They're discussing giving every american between one to four thousand dollars. Do you understand how fucked the next few months will be?

>> No.17890423

>>17890103
retard

>> No.17890488

>>17890103
Giving everyone free dosh weakens USD, not stonks. If you bought yesterday, you caught the knife.

>> No.17890498

>>17890103
>>17890423
sorry I misunderstood, not a retard

>> No.17890509

>>17890488
>weakens USD
>in the face of unprecedented demand
Buddy the Fed is doing all they can to stave off a deflationary death spiral rn.

>> No.17890519

>>17890103
What other authoritarian measures is the gov taking?

>> No.17890535

>>17890103
Thanks good sir for help. I feel good knowing friend like OP will help from goodness of heart. Will sell now, thanks friendly op.

>> No.17890562

>>17890519
Martial law/ban on interstate travel has been discussed

>> No.17890574

>>17890103
On a scale of 1 to holy fucking shit it's over?
Holy fucking shit it's over!

>> No.17890617
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17890617

>>17890562
Oh ok, like an Italy-style lockdown where you can literally only go out for work and groceries.

Yea, makes sense. I think we can reasonably assume that the US will get to that point.

>> No.17890638

>>17890103
>>17890562
Why no fourth crash then?

>> No.17890654

>>17890617
CA and NY are already at that point. The Bay Area is at
>shelter in place
Command.

>> No.17890734

>>17890519
Have you not been watching any news?

EVERY SINGLE restaurant, bar, club, movie theater is closed down by government mandate.

All sporting events and concerts and entertainment venues have shut down.

>> No.17891029

>>17890734
Public schools are extending Spring Break in some places and colleges already have.

>> No.17892648

>>17890103
so, how many amis are gonna literally starve because they can't cook and/or dont even have a functional kitchen?

>> No.17892735

>>17890103
>muh authoritarianism
You're a faggot. You're the type of person the spreads AIDS and then complains when they get arrested for it.

>> No.17892739

>>17890734
>>17891029
Yup. My college is closed for the semester, and the mall I work at is closing down.

>> No.17893004

>>17890103
first crash
>> Caused by MBS fighting with Russia over monopoly on oil for the EU continent

second
>> Trump not taking COVID19 seriously

third
>> FED printing money like it's nothing, panic in the streets when a big mac is $10,000 by end of April.

what you're referring to as "third" is actually fourth, and:
>> It has to do with a complete stop in our economy, and millions of people in service industry getting laid off, all at once, because Trump didn't fucking take COVID19 seriously.