/biz/ - Business & Finance

it wont work out without stimulus. first they will sell everything and then they probably wont just starve

>>22251747
Stimulus never helped any of the economy honestly - they gave stimulus checks to people and businesses in America and they used it to support black people destroying stuff in a chimp rage.

remember when they promised that a 2nd check would be coming immediately.

>>22251811
It helped me buy groceries for a while, and I put a huge dent in my credit card bills.

>>22251811

Checked.

Wouldn't have to suck off my government for a sheckle check if these fucking wages weren't so damn stagnant.

Fucking boomers.

>>22252283
blame the closeted cuck GOP faggots in DC for that

>>22251747
there's gonna be at least 10 stimulus periods until the dollar is at 0 and then THEY start again

>>22251747
I could see them delivering a small 2nd stimulus in October and each side tries to take credit for it

>>22251747
Not for the people, only the corporations. And they’re allowed to start laying you off again on October 1st. Sorry, maybe next time you’ll have enough sense to reincarnate as a company and not a measly pathetic human (scum)

>>22251790
Yep this... time to load up on ways to defend yourself
this country is going down the shitter ... gets worse every day if you haven't been noticing

>>22253259
This. Trump bucks will be yuge to secure his victory in November.

>>22251747
It has literally been 4 months since we got that last 1200 check did congress think that would last people 4 months

>>22251747
i hope not, my last boss stole my taxes and stimulus, and irs and state gov, dont care.
whatever "stimulus" i would be getting goes directly into last employers business account.
fucking kikes.

I'm on track to make $108,000 this year. 60% from the stock market and 40% from my job. But because my last years tax return showed me making like 40k I got the stimulus and I'll get the next one. Best thing is I don't even have to return it!

>>22253988
Yep. Trump is going to try to buy your vote right before the election. And you morons will fall for it because you can’t think for yourselves.

I'm getting a big check for retroactive FEMA stimulus in about a month. Thanks guys! Donald and Steve made sure us NEETs can pay October rent.

>>22254058
Vote for biden!

Inevitable before the election, or markets will be crashing at polls which is what the bidencucks want

>>22254058
Lol, you want the party that ran a fake pandemic and promises to institute communism to win?

I still havent even received my first check you cucks. Wtf!

For those who haven't been keeping up, in the latest update, the Democrats and Republicans were arguing over just how much between 1 and 2 trillion it should be. They're holding up the stimulus to show they have stronger hands than each other.

>>22254058
It’s called pandering and there’s nothing wrong with it

>>22252283

Blame the capitalist class that wanted to max out their profit margins instead. Sorry goy, American labor is just too expensive you know.

>>22254634
yup its those damned capitalists

>>22254330

>promises to institute communism

god i fucking wish

>>22254722

They would be the ones who shipped everything overseas, yes. I’m very well aware of the (((overlap))) before you start to go off.

>>22254238
This. Imagine voting in the CCP puppet to finally take us down for good.
It has to be MAGA 2020, or we're done for.

>>22254381
same. came here to post this. fuck everyone and everything.

>>22254058
>Get paid to vote or not vote for a guy that is going to win anyways

>>22251747
doesn't matter regardless. stimulus is just buying time to prepare for the big crash

Stimulus may "help" some pay their rent another month, but printing that much money is just running up asset prices and increasing rent which will fuck poor people more in the long run.

Poor people like the check because they think they're getting something, but in reality its coming out of their own pocket, its funded by debasing the currency their own savings and income, future income is in, and inflates the price of their rents.

There should never have been a first stimulus. Just an eviction delay until the shutdowns were over to prevent the spread. The government instead should have bolstered housing and food for the homeless, which is far, far less expensive and much more targeted and effective. It also would have but some of the burden on landlords to try and come to deals with their tenants because the landlords would rather get half rent then have an empty unit with no rent. But with stimulus it just shuts that down.

Our politicians have no clue what they are doing, or they are too weak and just give into the demand by the masses for cash now, instead of doing what is best.

What the God Emperor is thinking as this photo was taken. 'If you faggots only knew how utterly and completely I am going to destroy China when I get reelected, ..Sad.'

>>22256150
the thing is, they are both chinese puppets

>>22251849

Democrats wouldn't accept a bill without two trillion work of nigger shit and the Republicans wouldn't accept any bill that didn't let these billion dollar corporations fellate themselves with no regulation

>>22252283
You can thank the fed for inflating your money so fast that it was impossible for wages to keep up.

>>22256221
Ate you daft?, the CCP is pulling every trick in the Jew book. Plus SARS-CoV2.(I'm sure Jews have released pestilence I the past though, lol) They want their puppet.

>>22256256
The crux of the matter is Trump refuses to accept a new stimulus that legalizes National Mail in Voting. Which the Dems will use to steal the election. Simple as that.

>>22254009
Yup. What? Can't survive on $10 a day goy?

Two large stores in my town have now permanently closed due to coronavirus. First time I noticed anything bad from it but looks like it's started. A Walgreens and a Peebles.

>>22256479
You must be from a small town then.

>>22256417

It disgusts me that they're is a warehouse somewhere with millions of Biden votes ready to be mailed out

>>22256501

Certain blue states are keeping everything closed or they're pushing such ridiculous rules that only big companies can afford to follow them. NY is staying on lockdown till the end of the year just to hurt Trump

>>22256683
It must be working because I see many people praising their governor

>>22256648
Learn to spell

>>22256380
God will punish China

>>22251747
the democrats want all kinds of insane stuff so its stalled.

>>22256711
Most people detest Cuomo, only low IQ turds worship him. Any of his predecessors were so much better

>>22256648
Based and Bell and Road Innitiative-pilled.

>>22256740
Respond in a substantive manner, Chang.

>>22256753
I hope so, and soon.

>>22254634
its not capitalists its business men you indoctrinated dickhead

>>22251747
If there’s no second stimulus, get ready for the mother of all crashes. If demand collapses fully without being propped up with neet bucks, then there’s no amount of asset purchases the Fed can do to stave off massive deflation and we will see collapses in everything. I’m not saying it’s a good thing for them to inflate with stimulus, only that what will follow will be incredibly painful. But also, inflating it with neet bucks also comes at arguably a worse cost, even if, delayed.

>>22254058
There's nothing to think about in the first place when the opposition directly claims they want to double how much I pay in taxes and the other side wants to reduce them.

If you're so fucking big brained explain to me the benefits of voting biden over trump. I didn't even vote trump last election but I sure will be this one

Rioters fucked us out of it. They've been living off it so they can #SmashThePatriachy on a fulltime basis. I wouldn't count on any more Trumpbux. They didn't get to live through the second coming of Hitler they wanted, so now they are trying to larp hard enough to force a civil war for their new religion. In short, I would say gun/ammo company have one more big pump left. Also i would buy a literal gun as an investment to not die.

>>22256150
What's between the lines is the insane fact that they sent a mere 1200 bucks. The average person pays 1000s of dollars in taxes a year. The fact they had to create new money to had you back 1200 bucks is truly frightening. The political class on care about maintaining collective hegemony. They do not care about your average citizen.

If I were retarded in the long term economic impacts and were Trump, I would sign an executive order ordering the Treasury to send out checks with my big fat face on them. Who cares if it’s illegal. Dare the Dems to try to stop me. Let them be the ones who stopped people who are hurting from receiving relief checks. I can make the case that I am a wartime President and am using wartime powers. Play chicken with the Dems. If they do nothing, I saved the day. If they stop me, they are hurting people. It’s win/win from an election perspective.

>>22257898
Holy shit anon I’m not even in this thread but I just had to jump in to tel you that you should really consider killing yourself if you’re going to spend time spewing shit out that is THAT level of stupid.

>>22257837
before you reply to me its crony capitalism, get it right. capitalism wants to give you every right to pursue your life, liberty, and freedom and business people want everything included for themselves. we wouldnt have crony capitalism if you let government intervene with actual capitalism

don't think because you feel the system did you wrong that its because we need the complete opposite for that, it would be the unthinkable to think that maybe to look past the most obvious for answers

https://www.youtube.com/watch?v=J34J7dvbV1w&feature=emb_logo

>>22255822
Your postman stole it to pay their rent, sorry bro

>>22256150
Alright senpai you seem sincere in your post so I will break down exactly how you are wrong.

>printing money is running up asset prices and rent
Incorrect, stimulus is the only thing preventing deflation.
If nobody can pay the rent landlords will have to sell to pay their mortgage and if nobody can buy anything businesses have to reduce prices to get people to buy their goods. This is a deflationary spiral.

The risk in deflation is that landlords and business all reduce their prices but the debt stays the same.

>>22258079
Dilate. Tranny.

>>22258315
Deflation HAS to happen. This will only make it worse when it does happen.

>>22258315

Some people think a "deflationary spiral" is bad because it can lead to unemployment in the long term. But during covid people are laid off anyway due to shutdowns. There is nothing wrong with prices going down, in fact lower prices is a good thing on their own. What matters is employment and wages in comparison. But again, doesn't matter for covid layoffs. Deflation is especially good for the poor who are mostly renters who are short real estate, and the middle class in general have dollar denominated savings. Plus landlords already have forbearance to delay mortgage payments, no one is defaulting on mortgages in 2020.

>>22257896
From what I understand the biden jew plan will only increase taxes for people who make over 400k a year. If you are one of those people I am sincerely very jelly

>>22251747
It's passing by next friday and then deposited in your bank account within 10-13 days. You'll get the money by the 24th at the latest. Most likely the 21st.

>>22252227
With lower taxes you would have just had that money as opposed to the fed taking it and giving you back a little bit of everyone's money combined.

>>22258727
Thank you congressman

>>22258623
No, but I'm a former poorfag trying to get there and probably will eventually

>>22256417
What retarded projection, are you guys even trying to not be completely obvious about it?

>Hurr letting people vote is a form of election fraud

>>22258079

Dial 8 tranny

NO
MORE
GIBS
BACK TO WORK GOY

>>22259014
Pretty sure it's fake news cover up that both sides are just rallying on to draw attention away from shit that matters. The main thing I don't get is how this doesn't benefit all the boomers hiding inside from corona. Democrats are courting actual secessionists and anarchists that won't vote anyways because they will be out of state bringing racial justice to the local liquor store and Target. My guess is eventually amazon completely cucks both FedEx and UPS. Which I why I'll by buying the fuck out of it next week if we dip more.

>>22258802
Not if he didn’t have a job because of the lockdowns

>>22255805
>thinks it matters who sits on the toilet in the white house.
why are there so many fucking brainlets in Murica?

>>22254058
I'm taking President Pump's hush money and throwing it straight into Penny Stocks. If that man makes me rich, I'll spend a day at his Mar-A-Lago.

>>22259630
>The main thing I don't get is how this doesn't benefit all the boomers hiding inside from corona.
I kind of think maybe the idea is that Trump supporters aren't afraid of the virus since Trump says virus is no big deal. Since Trump says it's no big deal, then liberals just assume it must be bad so they stay inside. So they figure Trump Boomers will go to the poll anyways, while democrats who live in really crowded cities will be afraid to go to the already crowded polling stations that will be slower than normal due to corona virus distancing shit. Then maybe their votes are less likely to be counted by mail.