/biz/ - Business & Finance

Yes, coronavirus can't really be stopped, just as the normal flu can't be truly stopped either. A healthy immune system can live through it and will most likely immunize the body after it. All pharmaceutical companies are racing to get a vaccine.I wonder if people freaked out like this when the first HIV cases occurred.

Now, I am perplexed by the number of bears here. If worse case scenario happens, and shit really hits the fan, what are you gonna do with all the valueless money you will gain from shorting the market? No currency will escape this fate, even precious metals will worth as much as a bag of wheat. You're in a lose/lose situation. There is literally no reason not to go bull in this market, at least in the long run.

>>18187550
In a true system reset even precious metals will decline substantially in value. Who the fucking toss is going to trade shiny rocks for food or water, or weapons, or first aid? Look at the accounts from Bosnia. The only thing of value is literally weapons, food, and ammunition, closely followed by first aid, lighters.

>>18187550
>assets will lose value
>there's no reason not to go bull

How fucking dense are you?

>>18187601
society wont cease to exist. we wont see feral niggers looting.

>>18187141
Big if true.

>>18187619
Stop reading between the lines. My argument was that none of the things you're trading right now will have any value. So your "wins" will be just as valuable as the paper it was printed on.
Whatever has value at the moment is only allowed to do so in a healthy economy. So your only bet is in a status quo. You ain't gonna win anyway in a recession.

>>18187550
The economy is going to halt due to unemployment, reduced spending / investment and death. Only a vaccine could prevent this, but it's at least a year away, and at that point massive damage is already done. There _will_ be poverty like none of us have ever seen. Your strategy of "going bull" on stocks most of which are gonna be worth nothing in a year isn't any better than doing nothing.

>>18187625
Except maybe USA and some EU countries with high refugee counts. I don't know how bad you guys have it there.

already prepared a rope its over.

>>18187141
>what are antiviral drugs
>what are monoclonal antibodies
>what are broadly neutralizing antibodies
>what are vaccines
>what are people with healthy immune systems
It's like you aren't even trying

>>18187601

I read that that account of somebody living through the collapse in Bosnia was a hoax. Does anybody know whether this is true? If so, the statement which the author made about gold is worthless.

You say "accounts" but I am only aware of the one account which does the rounds in prepper circles.

>>18187989
Most of the deaths will be boomers who are retired anyways. If anything it will reduce Medicaid tax burden (or the equivalent cost to keep old people alive in other countries) which is good

>blah blah blah

Hahahah holy fuck doomers are at it again. Yeah keep being depressed while I eat caramel waffles and vape high grade kush. I also longed at the bottom and already took some profits. You niggers are just bound to lose.

>>18187550
>I wonder if people freaked out like this when the first HIV cases occurred
Of course not, only gay people can get HIV and even then it's easily preventable

>>18187550

I fail to see how precious metals "could become worth as much as a bag of wheat" when they held their own even through the utter destruction of World War Two. When this collapse comes, the industry will all still be there; so in terms of real economic damage, it can't be worse than the result of the loss of hundreds of millions of lives and the mass destruction of infrastructure.

>>18188227
>>18188155
That won't help very much when companies are already starting to go bankrupt and not even UNLIMITED STIMULUS is enough to keep the system afloat anymore.

Of course I'd like to see a fix to this situation, but I don't see anything large enough happening soon enough.

>>18187141
it's already turning around you fucking doomer
sorry your NEET fantasy didn't play out

>>18188213
a bosnian anon confirmed it was legit.
Also in the account he said he traded gold for bullets.

>>18188370
Pure delusion. You think the world's gonna shake this off in a couple of weeks when China went on lockdown for months and has installed massive border control to keep it from coming back?

>>18187141
you guys need to realize how incredible efficient farming has become since 1930. nobody will starve in civilized countries. but lots of other things to worry about of course

>>18188388
Ah, so gold will be useful.

>>18188482
gold has been useful in all of recorded history

>>18187601
people should understand that in dark times, INTRINSIC VALUE grows across the board for all mediums of exchange. When your biggest problem is making a buck over inflation, gold/silver has intrinsic value serving as the symbolic foundation of monetary systems. When your problems turn into feeding your family and keeping them healthy, or being a pretty girl when there are no jobs, the intrinsic values of the basics of our mediums of exchange shift.

>>18188448
Oh, that could be a massive help. Of course, some countries, even "civilized" ones, aren't self-sufficient. That's gonna backfire now.

>>18188482
yeah but how many bullets did he get for the gold is the question.

>>18187550
nah i was around when HIV became widespread it was never a threat to society as only sexual deviants and those with no self control were getting it.
regular people were fine for the most part.

>>18187141
Listed up nigger, this shit is literally gonna be eradicated in a year thank you a vaccine if a medicine is not discovered before

>>18188525
This. Better be mentally prepared for this shift of value

>>18188280
I was thinking of a scenario where the majority of the population would be wiped. Then gold would only have symbolic value
>>18188588
and won't this apply to the current situation as well? where only a small part of the population (elders and already very sick people) is in danger?

>>18188388
Gold for a bic lighter, I remember reading the Bosnia economic collapse

>>18188565
almost all countries can manage to produce enough food to feed their population in a short time. planting oats and potatoes instead of raising cattle, industrial chicken and farmed salmon is cheap as fuck proteins etc etc. in the 1930s half the population had to be farmers who barly made more than they ate themselves. at least outside of the us

>>18188588
lol what are you talking about? HIV was a huge deal and it wasn't until like the 90s that people stopped treating aids patients like leppers

>>18188370
>it's already turning around you fucking doomer
Proving that lockdowns work. Surely this will mean an end to lockdowns?
The good news is that we have a chance against the virus, and we’re going to take it. The bad news for you guys is that you have drastically underestimated the impact a year of lockdowns will have on the market.

>>18187619
what hes saying is if societal collapse happens, you have bigger problems to worry about than money, btc. Food is way more important etc. So you might as well be bullish in the long run, unless thats what you suspect will happen

>>18187550

deaths and new cases per day is already flattening. the real problem will getting leftist politicians to end the quarantine

>>18188227
the true redpill is this is just survival of the fittest. You statistically most likely are not gonna die or even be hospitalised by this shit. The weak/old will die until a vaccine/treatment materialises.

>>18187989
the obvious positive when this is done, the global ageing population issue will be solved.

>>18188448
exactly, the level of food waste also in developing countries is staggering, people will become more frugal/less wasteful

>>18189430
New cases are still going up in rate on the US.

>>18189430
This
They literally had a chinese new years day parade in new york that is responsible for now hundreds of deaths because orange man bad
They will do literally anything including destroy themselves to get their feels
>>18189546
Do you know what an increasing rate looks like on a graph?

The biggest niggers, parasites, degenerates, I had ever met personally in my life with the most useless wortless jobs bragging and consuming way over their budget times ten their lives have been central and western europoors and amerisharts. whites

>>18189430
>deaths and new cases per day is already flattening
low IQ retard

>>18189614
I do, but depending how you look at it, we might both be right. The change in rate day to day is lowered, but overall daily rate of new cases is increasing.

>>18187141
There must be death for there to be life.

>>18188573
all of them

>>18188231
>while I eat caramel waffles

enjoy wearing dentures by your 45th birthday