/biz/ - Business & Finance

>>23312574

>>23312574
>Avengers? Pleb detected. I watch sophisticated movies such as The Big Short cause I have a Robinhood account and understand their terms like CDO you wouldn’t understand

>>23312631
Projection
Also faggot
And a nigger

>>23312574
A small minority of people were able to predict the 2008 crisis. Now in 2020 everybody and their mother thinks it’s gonna crash...what do you think is gonna happen?

>>23312631
the big short was unironically good movie, back to /reddit/

>>23312689
It's not fair to compare something that was deliberately made confusing and time consuming to research and the current market
You don't need high iq to know
>Infinite money printing
>Corona stopping economy for months
>US cities burnt by riots
>Election
Is not good

status on the housing market?

>>23312754
This. I'm clinically retarded and I came to /biz/ because I knew a crash is going to happen.

Aren't foreclosures super high right now? I'm in southern California and just looking for a house to buy, they're foreclosures left and right.

>>23312574
shorting as a retail investor is unimaginably stupid.

>>23312689
based and psychologypilled. market performance is a function of hopes and dreams, it has no basis in reality. if people don't want it to crash it won't crash because (((those))) who control the markets will rationalize negative news and offset it with positive guidance for the future.

>>23312754
The 2008 crash was so obvious it's embarrassing
I discovered just how little experts know

>>23312689
>in 2020 everybody and their mother thinks it’s gonna crash
Not in my social circle. Most normies think that real estate is the most rock solid investment, all anyone here wants to do is buy a big-ass house and rent out rooms to pay the mortgage, they think prices will increase forever.

>>23312574
the current economy is nothing like how it was in the mid 2000s

>>23312689
this kek

It's a shame bruno powroznik changed his mind out of disbelief that it seemed to never come, since he predicted it and had a website about it

>>23312574
He doesn't realise the money printer has cancelled out the recession with printing

>>23312781
in certain areas its in a bubble. london for instance.

rural areas are about to go into a bubble instead thanks to everyone jumping on the WFH new paradigm bandwagon. theyre in for a shock when they realise rural land isnt quite as scarce and location specific

>>23312754
>infinate money printing
mass theft doesnt mean crisis, it just means permanent transition towards neo-feudalism. itll actually bring stability, but itll just stink of dog shit

>corona stopping economy
meh, nothing of importance is lost.
bars and restaurants.. what ever, no biggie

>US cities burned by riots
thats been happening since forever lmfao.
the US always has rioters

>Election
they happen every 4 years, and everyone thinks its the end of the world when "duh bad guy" (whoever that may be in their eyes) gets elected

>>23314528
Those two kids in the film were retail investors, they made 80 million

>>23314948
oh yeah this. i am seriously skeptical of property speculators to be perfectly honest. we all know some, we all hate them. i dont see how its a bubble though yet. the fucking goverment is so on their side.