/biz/ - Business & Finance

>>18321877
>The mainstream media is making the crisis worse with every chance they get.

I work in a hospital and they're not all that wrong on this shit being bad

>>18321877
I was expecting to read The end of the World.
oh well...
back to gambling

>>18321900
Careful, you don't want to be executed during the Qoomer cultural revolution for anti-trumpian thought

>>18321900
No, anon, you misunderstand. Clearly OP is right when he says we should fuel this zombie economy with the souls of the poorest americans in order to preserve boomers' retirement funds.

>>18321900
Yeah must be why they're laying off nurses

Who cares the middle class is gay as fuck

>>18321933
>Yeah must be why they're laying off nurses

Because most med surg floors are empty, and the operating rooms are nearly empty since elective surgeries have all been cancelled. Most people don't want to go to the hospital while this is going on, most floors are getting patients out as fast as humanely possible, and many people who pointlessly went to the hospital or doc's office all the goddamn time are now staying away. The issue is that the ED and ICUs are over capacity due to coronavirus patients and it's a space issue more than a personnel issue (though a lot of regular nurses would have a hell of a time adapting to the ED and an ICU floor). My hospital outright converted 3 extra units in the hospital to be specifically for coronavirus ICUs and we expanded the size of the ED

>>18321981
Then please define "shit is bad"

The reasonable thing to do if shit is bad would be to re-assign those people to help out so shit isn't so bad.

The fact that qualified healthcare worked are being sent to the unemployment line tells me that this all bullshit. Yeah there's some sick people as is the case with any viral infection, but nothing is out of control like the media wants you to believe.

>>18321877

Right wingers hate government until they need it

>>18321900

No dude it’s a hoax, Ron Paul said so

>>18322029
People the people doing cock implants aren't that useful in an ICU you fucking mong.

>>18322029
>The reasonable thing to do if shit is bad would be to re-assign those people to help out so shit isn't so bad.
Did you miss
>and it's a space issue more than a personnel issue

Please tell me what you believe is actually happening and why my hospital would have felt the need to expand our emergency department and convert multiple units for covid care if it's not a huge deal

>>18322081
You know you still need a medical degree to do a cock implant, right? Cock implants is just a specialty. Idiot

>>18321877
Am I middle class if I'm a landie?

>>18322029
>nothing is out of control like the media wants you to believe.
I've been reading this from retards like you or over at /pol literally since start of they year. Can't get worse than literally a thousand deaths more.

Now we are at 320k infections and talking about 200k - 1m dead and it is still a MSM invention?

Which of the two cells of your smooth brain refuses to learn anything?

>>18322122
Do you own it or are you financing it?

>>18322147
Own, my own + I rent other 2.
Am I going to be the elite?

>>18322203
does it still count if you inherit it from boomer parents/grandparents?

>>18322248
Of course it's inherited.

how else would anyone get property in this age?

winning the lottery?

>>18322144
not this guy. But I call this one bullshit, too. Trump ministration actually does respond to it pretty good at this point. The over-panic virus has only caused few thousands death in NYC. That big city has more traffic deaths than this in a month. I'm not saying I blindly support everything Trump does but they really tried to at least save the economy from this hoax.

Now again. Even chinks can get as many masks and ventilators as they want in a bit of rush. Don't you really think America cannot achieve the same? Imagine how stupid you look when millions of mask and ventilators are drafted like war scenario then suddenly find it is a China virus hoax.

Wake up, this is America we fucking own the 3M who makes the masks and shit. Cuomo can order a battleship to NYC. If truly necessary, the government would already order masks 2 months ago

>>18322277
you did win the lottery. the sperm lottery. your parents (dad) achieved it, you merely bask in their shadow. Good job, landie.

>>18322277
tfw parents should have plenty of money and land to dole out but refuse to because "we won't learn the value of money until we wageslave for 30 years."

Is this child abuse?

>>18322029
>typical finance retard

>>18322362
thank you, I too am proud of my genes and my legacy

Now the question, am I the elite now that middle class is gone?

Cause 2 rents is only enough for middle class status.

>>18321877
Corona chan is the great equalizer. only Wall street jews and their shabbos goyim are worried. the average Joe will be a winner. We need to purge the Walls Street jew. Nationalize the FED and cancel the national debt.

>>18321933
It's temporary. It's a side effect of corona, people aren't going to the doctor or hospitals anymore in fear of catching the bug. They're waiting for later

>>18322386
how can one "learn the value of money" if they don't actively work with it frequently? boomers are fucking retarded.

>>18322081
sounds to me like they're just pussies and decided to walk away instead of helping.

>>18322386
come at them with a well thought out business model in need of capital and maybe they'll think differently.

>>18322386
Yes I do believe it is.

Real estate is a form of intergenerational wealth.

You're not supposed to gain it for yourself.

And it its not in every epoch that it's even supposed to be possible to gather real estate.

It's as if your current spirit was partly here through your ancestors, when the harvest was plentiful. They should have been gathering for you.

The carob tree takes 70 years to bear fruit.

Our work isn't meant to be for us.

>>18321877
Good breeding ground for communism, I hope the rich elite don't fancy their heads

>>18322328
3M uses canadian raw materials to create their masks. Raw materials, pulp, which can't be sourced in the US for the next few months. So no, Trump can't just black hole all the world's masks because at some point other countries will just nationalize/block the supply chain.

>>18322328
So this is the power of an IQ < 90

>>18322468
>>18322407
>>18322144
>>18322085
>

>>18322585
Well I can't tell them I put half of my networth in LINK.
Best business model I can come up with is buying a bunch of trailer houses and becoming an AirBNB slumlord.
But even that won't work very well in this time of Covid.
To be honest most of my family's wealth is in stocks. My grandparents have a nice house in Oklahoma but I'm fairly sure it will only be good for further retirement community people looking for a quiet place with nearly no one around (its Oklahoma).

>>18322659
>Wait this long for a rebuttal
>This is all I get

Kinda pathetic honestly. Even on an anonymous Bulgarian bread baking board you can't admit when you've got nothing

On a scale of 1 to Ben Shapiro, how Jewish is Fauci?

>>18322072
No dude it's all real, I saw it on Twitter

>>18322659
shoo /pol/, shoo

More like:
>Biggest loser from the inevitable popping of the debt bubble will be the middle class

Corona is just the pin that pricked this everything bubble that's been building for ages.
Biggest problem is the entire purchasing power consisting of debt. No one owns shit.
People who have the most to lose in this situation is the middle class, because it's the private business owners and other people who own things, who have financed everything with loaned money.
Bubbles popping will always lead to a massive wealth transfer from the small player to the hands of the bigger one.
This crash will be the final nail in the coffin of the middle class. It's going to be megacorporations, banks and new oligarchs who control stuff from now on and climbing higher in society will become even harder than it's been before.
We'll see people absolutely raped by taxes and regulations when we emerge from this depression years from now.

>>18321877
>The clock is ticking for the government to get a handle on the pandemic
it's not even a (((pandemic))), and the government DOES have a handle on it, they created all of this to begin with
there was no reason to force people to close businesses over a simple flu
there is a massive psyop/social conditioning happening with this and the world is becoming more orwellian by the day
it's not a coincidence that this happened on an election year either

>>18322942
The crazy part is how readily people are accepting the dick in their ass

>>18322942

I dont mind this at all. Now everyone is living the comfy neet lifestyle for a while, like we should. Stay safu, be comfy, be neet.

>>18322942
>there was no reason to force people to close businesses over a simple flu

Not overburdening hospitals that don't have the capacity for everyone to get sick at once seems like a good reason, and with how 'efficiently' hospitals are run in this country it would have been a clusterfuck

>>18322743
passes as (is?) italian / 10

>>18322277
I live with my parents and make 60k a year. I'll own my own house without a morgage before I turn 30

>>18321877
>The biggest loser from the coronavirus will be the American middle class
so everything according to plan basicly? the elites will rule the world with poor peasants serving them

>>18322600
The thing I hate is that they taught us nothing about money and then expect 30 years of wageslaving to teach us about money.
What fucking lesson is there to teach us? You gained your wealth by listening to a jew in the best stock market the US has ever seen. How the fuck are we supposed to learn the value of money when we aren't going to get the same chances that you did and you don't even know how to make money.

>>18323499
>They taught us nothing about money.

Let me tell you a secret. They didn't teach us anything about money, because they don't know a damn thing about it themselves.
It would be like asking advice from a Bitcoin millionaire about how to make money.
He just became rich because he mined 10k of those fuckers early on. Same with the older generations. Many of them just worked in one place and saved or invested in very basic stuff and then bought stuff and that's it. Or it's generational wealth they have.
Their understanding of economics is nonexistent, outdated or just plain bad.
I have learned infinitely more about wealth in two years from youtube videos than from my parents or grandparents.

>>18323147
You a wagie since your teens?

Sure, no disrespect for that.

But is that what life is supposed to be?

>>18321877
>the American middle class, which is existentially threatened by the redistribution of wealth from the crisis response.
t. Mr. Shekelberg

Unless by redistribution you mean from the government to corps being bailed out.

>>18321877

>>18323639
>Many of them just worked in one place and saved or invested in very basic stuff and then bought stuff and that's it. Or it's generational wealth they have.
>Their understanding of economics is nonexistent, outdated or just plain bad.
True that.
From 100 millionaires maybe 10 or 20 got actual respectable financial market skills. The rest more or less just plays the debt game with various real estate and business operations.

>>18321933
You realize healthcare has specialties, right?
Surge in ICU and pneumonia patients.
Otherwise everybody is staying home, everybody cancelled all elective or nonessential surgeries.
You think a dermatologist or anesthesiologist or radiologist is busy these days? The 'rona took away all their non-emergency patients. The doctors and their specialized technologists don't have shit to do right now unless they're treating 'rona patients.

Except for maternal-fetal medicine, that's still steady. For some reason people keep having babies.

>>18323844
Hell, I'd take playing the debt game at this point. If that's what it takes to not be a wagie I'll take it.

>>18321900
Fuck off. I work in the hospital and all the wards are on halt, waiting for the pandemic that is not coming at all. Nothing happened for 2 weeks straight we stare at walls

>>18322386
They have no idea how good they had it nor how bad things really are

>>18323888
>Fuck off. I work in the hospital and all the wards are on halt

No shit
See: >>18321981

>>18323888
Honestly we may have underestimated just how effective the sprawl of the US is at lowering the r0.

Actually, even San Francisco isn't fucked like NYC:
https://twitter.com/germanrlopez/status/1247210000155643904?s=19

The mayor of NYC encouraged people to all go out and get together. Places that responded reasonably may be less impacted even if they're late (San Francisco) or get off completely free (everywhere else) if they responded + are naturally sparse enough.

>>18324420
Dalio's writing on the changing world order makes it look like the people who made America dominant died a long time ago and everyone still around has been lazy as fuck while the next power takes over:
https://www.linkedin.com/pulse/changing-world-order-ray-dalio-1f

Unless the whole country becomes tech entrepreneurs we'll probably see China lead the world for the next 80 years.

>>18324589
>China
>THE LITERAL FUCKING CORONA COUNTRY
Anon their shitty fucking lab fucked up and released it by accident. That's what happened. They're a bunch of fuck ups with no respect for data, no respect for protocol and no respect for science.

>>18322144
From the media hysterics I was expecting bodies being dumped on the sides of the streets and mass graves at community parks.
0.6% is basically Tuesday for most of the world if the media and international orgs didn't sow panic by screaming out conflicting information every single day

>>18324589
Why work hard when you can literally print gold and oil?
Why work hard when you can speculate in financial instruments and real estate while the rest of the world piles in and the price can only go up thanks to government mandate?
Blame the fed.

>>18321877
Middle class has been shrinking for decades, we're basically back to the Robber Barons era

>>18322029
>The reasonable thing to do if shit is bad would be to re-assign those people to help out so shit isn't so bad.
That's exactly what's happening right now, but in the real world (a place you don't live in because you're a child) when you have different bureaucracies and systems not designed to interact with each other you get massive slowdowns

NYC is paying all expenses (transportation, lodging, etc) to try and get relevant specialists to come during the crisis

>>18322144
>Now we are at 320k infections and talking about 200k - 1m dead and it is still a MSM invention?
Yes because those are simply raw estimates based on computer models. Let me know when we come anywhere close to those numbers. With how much faith you place in these models I have to assume you believe in AGW too, very sad.

>>18322328
>Don't you really think America cannot achieve the same?

No, because America has no capability to quickly ramp up production. We don't have spare factories sitting around. Manufacturing is only 11% of America's economy.

>>18322144
180K died from chronic lower respiratory illness last year.. wonder how the numbers will stack up this year... do they get to label multiple causes of death?

>>18325217
That’s because its shit slavery job for 3rd world like China. We can have the machines by days if we want them. We literally invented and BUILT them. It’s way cheaper than shutting down the economy for weeks.
Now what Trump is trying hard to do is letting people dont panic over nothing and stop destroying our economy. People just wouldn’t listen. Let this hoax pass then we win

Then suddenly, all Jew media is making people panic and Fauci makes it a big deal. Coincidence? I don’t think so

>>18325707
>Let this hoax pass then we win

Is my hospital in on the hoax? Am I in on the hoax since I work there?

Has anybody in this thread heard of bitcoin?

>>18321981
Can't they just take Viagra for the ED?

>>18322059
the government cant do anything. they hesitated and made things worse. the cup is already full, might as well let it overflow

>>18324528
Or maybe American has not entered the second half of the exponential growth curve yet

>>18325206
>let me know when we come anywhere close to those numbers.
I'll see you in three weeks

>>18326589
unfortunately I believe you are correct....

>>18326609
As this crisis has unfolded it has revealed to me that a depressingly high number of people, including people holding important roles in powerful governments, don't actually know what "exponential" means.
This also explains climate change deniers now that I think about it.

>>18323868
It’s almost like they were doing business as usual 9 months ago

>>18323032
Until health social credit kicks and and goes from there.

>>18324589
https://www.principles.com/the-changing-world-order/

Here's the rest of it so far. Part 2 isn't ready yet. I like Dalio and respect his work. China as a dominant power would be a pretty bad timeline.

>>18326811
4more years, kys

>>18321900
They are wrong on hydroxychloroquine not working though.

They are fucking us so hard on that front.

Can we hodl

> Right wingers hate government until they need it

The government created this problem. Capitalism didn't shut the economy down. Authoritarian elected officials shut down the economy because they didn't want to lose re-election if the death predictions ended up being accurate. (They were grossly incorrect.)

I find it incredible strange how lefties are rooting on the economic shutdown and seemingly are the ones most terrified of covid-19. It's almost as if they know this 'crisis' has created a political opportunity that they are trying to capitalize on.

>>18324589
China is too incompetent to lead anything. The only reason why we keep them around is so those bugs can make cheap shit for western countries.

>>18321877
https://m.youtube.com/watch?v=jfx7PnMtCeY

>>18321981
>the size of the ED
A respectable 5 inches when fully erect