/biz/ - Business & Finance

>>30063665
>Worse than 2008?
yes
>Another great depression or does the system have a plan to wether it.
there are plans but none will work
>tell me how bad the coming financial crash will be
very bad

>>30063665
Think of it as the final accumulation opportunity. When retarded normies have finally let go of their manic aspirations for quick wealth, you swoop in and buy a million GRT and BTC at 1k. DO IT YOU FUCKING FAGGOT, AND YOU'LL THANK ME IN 10 YEARS.

>>30063665
it will be a total societal collapse, not just a financial collapse. all fiat currencies will be worthless.

>>30063781
I understand what changes are looming in western society broadly as the writing on the wall is obvious at this point but can you explain to and absolute retard what temporary measures theyve done to prevent hyperinflation and absolute collapse almost a year since the inital blow in march? I understand the people have lost their jobs but the price of goods have remained the same just doesnt feel like the apocalyptic crash many predicted would be implemented to bring about the alterations they want.

>>30063790
I wish man I'm just a zoomer with a couple thousand curently holding COT PRQ LTO and thinking of HBAR soon as well. BTC eventually, GRT tokenomics FUD was too strong for me unfortunatley

>>30063790
10 years the earth will be hell. You’ll likely be held prisoner in your home by an army of droids patrolling the street.

>>30064152
You'll be fine. Everything is gonna get raped if Bitcoin crashes, so even $1000 of GRT at less than a cent will net unbelievable gains.

>>30063665
It's over

The reason it will be worse than 2008 is that instead of one sector being the cause of the fuck up, there are multiple sectors that will tank this shit.

If there is one thing to take away, take away this...EVERY SECTOR, EVERY COMPANY, EVERY PERSON IS OVER LEVERAGED, AND WE ARE IN A CREDIT BUBBLE.

We are in a credit bubble of massive proportion, you have hedge funds and investment firms now trading almost 2x on margin.

But it goes beyond that, at the micro level, the simple act of deferring student loans or mortgages is an act of monetary leverage for the average person, and the lending institution.

>>30063665
we are already worse then 2008 retard, and worse then the great depression too

>>30064047
>price of goods have remained the same
have you ever left your bedroom?

>>30064581
Except for commodities

>>30063665
Imagine paying 2 million for a loaf of bread while you earn $2 a day at work.

>>30063665
It keeps going until a critical mass stops wanting dollars. that could be due to overprinting (including stimulus/bailouts/foreignaid/military/entitlements), that could be due to better safer wealth accumulation/storage means (i.e. crypto), it could be because of global hot/cold conflict, or it could be because of something else entirely. whenever it does happen (weeks, months, years, decades), it will likely be quick. as has been shown w/ the masking and covid lockdowns, most will assimilate to whatever they're told - and thus end up extremely poor once the dust settles. this is their fault for relying on someone else to take care of them, and not being interested/responsible for their own outcomes. equity doesn't work in the wild, and when the dollar dies, it's going to get wild for a bit.
>>30064581
>>30064612
all of this ^
>>30063790
unless it's on a very short wick, i doubt you see those prices. 1t total mcap may unironically be the bottom - especially when you consider the devaluation and inflation of fiat
>>30064047
>price of goods have remained the same
kek
>>30064693
except for everything pretty much.

>>30064761
how can i protect myself and profit excluding PMs and ammo?

>>30063848
This is my fantasy.

>>30064690
>>30064761
I'm in the UK goods haven't got noticably worse yet

>>30064878
Start investing in the dildo market because theyre gonna use them to fuck you in the ass.

>>30063665
how does dying hungry cold and terrified sound?

>>30064878
>how can i protect myself and profit excluding PMs and ammo?

start deleveraging now, pay off your credit cards, your loans, etc...

If inflation gets out of hand, and the Fed has to raise rates, all this "free" loan money will become a lot more expensive.

Don't trade on margin with stocks, this will probably be the first bubble to burst, and it will be cascading to the ground.

Bitcoin won't save you, Bitcoin will get sold off hard at the first wiff of market instability.

>>30063665
right now inflation is kept at bay despite massive stimulus packages bc
a. it mostly went into the financial sector, but this will trickle down over time
b. production of goods is reduced for obv reasons
c. velocity of money is low (low spending)
d. employment/cost of employment is low

once b, c, d start to reverse as people feel the situation is improving, then we'll see a lot of inflation
thats assuming that the "situation improves", theres a good chance theyll try to psyop the population into the boxed life for as long as possible, but even if not just bc of propaganda/ideology, the power dynamic has changed irreperably, this is "the way things are" now

>>30064153
>You’ll likely be held prisoner in your home by an army of droids patrolling the street

>>30063665
USA printed 5 trillion dollars last year AT A MINIMUM, and there's a possibility they printed up to 15 trillion

so no matter what the dollar is going to be devalued by at least 50%, up to 80%

this will take some time to percolate out, like a couple years at least, but no matter what else happens this IS happening. Basic goods like groceries are probably going to remain subsidized and cheap so that people don't starve, but luxury goods (by which I mean anything not explicitly needed to survive) and real estate will go through the roof

It's not gonna be weimar tier or like mad max out there but we're definitely in for a pretty bad recession/depression

>>30064761
>critical mass stops wanting dollars
Despite the fantasies here not likely to happen in your lifetime.
Global reserve currency will always be controlled by the organization with the most global real power. That will be the USA until it decides to diminish its military and get rid of its nukes.
Society may collapse as you know it. But US/Zionist hegemony and dollar likely to remain.

>>30065175
Idk ill get back to you in a fortnight

>>30063665
housing market crash and everyone out of a job at same time. ya feeling a lot like 2008 all over again. Everyone is yelling inflation when the only thing that will matter in the upcoming crash is cash. Dont believe in the inflation lie, they want you all in assets to rugpull. Government has kicked it down the road as far as it can to avoid the crash happening the same time as the pandemic fear. 2022 going to be ugly. Make sure you are cash heavy after summer 2021.

>>30065473
Our military is a fucking joke, the doctrine of military readiness at all times has been completely abandoned. Once the jew decides they've sucked us dry as much as they can they won't hesitate to let us drop.

>>30063665
Broad stokes, this is how it's gonna play out: bond holders will revolt, forcing Powell's hand. At some point, he'll either set YCC, and the dollar goes to shit, runaway Inflation, Venezuela style, to "inflate the debt away", Gov will wire money to you , directly to your phone, because they can't print it fast enough, or he'll raise rates, btfo the debt market, bankrupcy tsunami ensues. 20% of US corporations are zomibie companies, and rates are zero. If they can't handle it now, imagine when rates start moving up , fast, to kill of inflation. Your canaries in the coal mine, Brazil , already folks there, screaming fot 50basis points increase in rates, every quarter for a whole year, the SA Rand turned to shit, the turkish Lira got assraped, again, and don't even get me started on the Indian Rupee. Literal street shitters won't touch that disgusting currency. The US will be the very last to feel it.

>>30065199
If you are predicting hyperinflation it makes more sense to take out loans now and not pay them off until the money is worth less

>>30065207
>right now inflation is kept at bay despite massive stimulus packages bc

A lot of this has to do with the fact that inflation has been relatively low for the longest time. The DXY has remained strong until the past few months, primarily due to central banks overseas printing like crazy.

>>30065625
I see, I knew they were staving it off but didn't know how and the potentially worsening effects it will have down the line as I've said I have zero grasp on financial or economic math

>>30063665
All fiat currencies are backed by USD(Not Uzbekistan, they recently backed their fiat with Gold) and USD is backed by nothing. Fed printed 25% of all USD in existence since the founding of the nation in the last 12 months. On top of that almost all manufacturing and industry has slowly gone to China over the last few decades.

It should be very obvious that this will be the worst economic crash in the history of not only America but also the World.

>>30065458
>so no matter what the dollar is going to be devalued by at least 50%, up to 80%

Not necessarily, remember the Dollar's value is really measured against other currencies. That's why our inflation has been kept so low even though it feels like we've had low rates for years.

The ECB and other central banks are devaluing their money faster than we devalue ours.

It's fucked up to word it like that, but that's whats happening.

>>30064878
uniroincally, you just have to diversify your assets and hope for the best... best to put into your own skills (tech or trade skills - "certs" won't matter as much as actually knowing what you're doing), real estate, PMs and ammo, some select stocks/etf's, and of course crypto (this is the toughest if you don't understand the tech just stick w/ btc/eth and bluechip defi's (aave, snx, uni). it's kinda like driving on the highway knowing some/all of the lugs on one wheel are loose - and just not knowing if/when it's gonna fly off... but you're pretty certain if you keep going 85 over the next 400 miles, it's coming off, and it's gonna be catastrophic...but brakes are bad, and throttle is stuck, you can't stop. so you just make sure your seatbelt is on, ideally airbags are working, no loose shit in the back, windows down to minimize glass debris, etc, and just prepare for the crash.
>>30065032
your purchasing power vs ours (kinda). the dollar is crashing, and will continue to crash most likely w/ biden in office and all the liberal policies they'll print money for/throw away. you'll have some respite from the crash in gbp's - but you won't be immune as it's fiat - and as global commodity prices rise it will still hit you all at ever increasing rates.
>>30065473
i don't disagree - but i think you overestimate the US's ability to continue its war machine indefinitely. it requires constant spending (which will only further reduce actual demand for dollars by inflation), it requires enough able, willing, and trained individuals to fill the boots (capacity for this is diminishing), it also assumes that china doesn't dominate trade (they can literally dominate europe/asia/africa) with little to no navy. we're in a house of cards - and when other countries get sick of our monetary bullying (and if there is ANY alternative) - they will flock towards it. nobody wants the US's permission to buy/sell or move money around.

>>30065032
>>30065985
link was too long to include
https://finance.yahoo.com/quote/GBPUSD=X/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAAi8Wf-_buQ4W0vH-TQAsoINaL0KXzznVhs3wHDFGvGAuic-Vg-m0kS3JseWrDp5ghOhiOYzjkmC4n7PPbNZFyYLoBrfvTSpiqGYicZTNe5aB02XB0l-NhMc2Dvk3DJj1m7TlNRFGlQB7u4TVWNUxoPW0MqYQ4CjnLQrN8ttlSHP

>>30065473
not true, its already happening
russia and china are alreasy abandoning the dollar in oil/exports
US hegemony is crumbling little by little
its going to take many decades, but its already evident that were moving towards a more fragmented world monetarily where therell prob be a basket of currencies in which countries denominate trade
and theres nothing the us can do about it if russia/china/eu decide to do so
also you just generally see loss of confidence in the dollar in the private sector and on the individual level in the us, with recent moves toward buying crypto (mainly btc)

>>30065936
>Fed printed 25% of all USD in existence since the founding of the nation in the last 12 months
Shieeeeeettt knew they were printing money but not that much fuck.

>>30065638
>Our military is a fucking joke, the doctrine of military readiness at all times has been completely abandoned.

so true, we care more about PC then anything now.

>>30065826
in 2008 all that mattered was how much cash you had. no one will give a shit about assets when they no longer have a job and they foreclose on all these homes. everyone is screaming INFLATION INFLATION (sky is falling) when in reality we are in an asset bubble and no one has cash. Yes...the printing will cause inflation but people are overblowing the inflation effects it will have. They are using that as an excuse for you to believe cash will be useless.

>>30064047
>changes
this is how it has always been
>>30065638
you are fucking joking right? china has never seen a fucking real war and we got guys with 10 combat deployments fuck off

you people must hate America

>>30065822
ig thats true if youre looking at the dollar compared to the rest of the world
but if im not mistaken, if the whole world prints a bunch of money youd still see inflation on the consumer level no?

>>30065763
>If you are predicting hyperinflation it makes more sense to take out loans now and not pay them off until the money is worth less

No, I don't believe we will hit hyper inflation. I believe the fed will implement deflationary QT by raising rates which will make borrowed money more expensive.

If you believe in hyperinflation, in that the fed loses all control of the markets, then yeah, borrow away, but I don't subscribe to that theory. I think it's more likely they get control of it through classical QT policies. Which makes borrowing right now sort of like buying the top of an asset. Interest rates can only go up from here (I also don't believe they will ever go negative here).

>>30066110
We're of the mindset that biggest and most expensive = the best, no matter what. It will be our downfall desu.

>>30063665
There won't be a crash until at least the end of the year in the normal markets. On the contratry I think as the UK and other nations start to see their covid cases approach zero and economies open up the global markets will rally following a mini economic boom, this will cause cryto to take a dive, BTC probably will stabilise around $15-20k. We'll see a general market correction at the tail end of the year.

>>30063665
>great depression
God I hope so

>>30066350
>ig thats true if youre looking at the dollar compared to the rest of the world
>but if im not mistaken, if the whole world prints a bunch of money youd still see inflation on the consumer level no?

but since the dollar is the world reserve currency the inflationary effect has been diminished. A lot of this also has to do with import/export balance.

>>30063665
usd will be worth so little soon, i hope you have everything in crypto

>>30063665
>>30063781
The plan is the 4IR, society 5.0, and a new economy. Holy fuck you stupid bitches have not been paying attention huh?

>>30066544
crypto will crash at the first sign of an economic downturn. better sell now and buy up later when prices are down

>>30064153
>you'll likely be held prisoner in your home
Dare I say, based?

>>30066588
I have, merely came to ask about the specific maths behind the fiscal onslaught specifically, I've said previously that the writing for the broader plan is obvious

>>30066743
the longer we go thru the old man's presidency, the more i believe that biden is utterly based

>>30066105
That's what people thought, they did a little data swap of the M1 data on Feb 23rd (use wayback machine) though that shows there's an extra 10 trillion that entered the streets around April last year, so the number is actually 80%.

>>30066313
It's not about china in particular but moreso how our military has been subverted massively in only the last 10 years or so. All this faggotry and nigger worship was unheard of just a decade ago

>>30063665
Meat will become so expensive soon, hope you've stocked up on freeze-dried bugs

There will come a time when it will have been in vain that the Americans honored God with heartfelt piety and assiduous service; and all our holy worship will be found fruitless and ineffectual. For God will forsake America and return to Heaven.

America will be forsaken, and the land which was once the home of religion will be left desolate, bereft of the presence of its deity.

Of thy religion nothing will remain but an empty tale, which thine own children in time to come will not believe; nothing will be left but graven words, and only the stones will tell of thy piety. And in that day men will be weary of life, and they will cease to think the universe worthy of reverent wonder and of worship.

They will no longer love this world around us, this incomparable work of God, this glorious structure which he has built, this sum of good made up of things of many diverse forms, this instrument whereby the will of God operates in that which be has made, ungrudgingly favoring man’s welfare, this combination and accumulation of all the manifold things that can call forth the veneration, praise, and love of the beholder.

>>30063665
We have just seen the biggest fall in GDP on record. Much worse than the Great Depression. The only thing that comes close is the Great Frost of 1709, when the Baltic Sea froze over, all the crops failed and everyone starved to death.

We have responded by printing money. History shows very clearly what happens when you do this. We are doing it anyway.

>>30067021
>
Darkness will be preferred to light, and death will be thought more profitable than life; no one will raise his eyes to heaven ; the pious will be deemed insane, and the impious wise; the madman will be thought a brave man, and the wicked will be esteemed as good. As to the soul, and the belief that it is immortal by nature, or may hope to attain to immortality, as you have been taught, all this they will mock at, and will even persuade themselves that it is false. No word of reverence or piety, no utterance worthy of heaven and of God, will be heard or believed.

And so God’s blessings will depart from mankind, and only evil angels will remain, who will mingle with men, and drive the poor wretches by force into all manner of reckless crime, into wars, and robberies, and frauds, and all things hostile to the nature of the soul. Then will the earth no longer stand unshaken, and the sea will bear no ships; heaven will not support the stars in their orbits, nor will the stars pursue their constant course in heaven; all voices of God’s will of necessity be silenced and dumb; the fruits of the earth will rot; the soil will turn barren, and the very air will sicken in sullen stagnation. After this manner will old age come upon the world. Religion will be no more; all things will be disordered and awry; all good will disappear.

>>30066492
Yes much like the dead cat bounce that happened during the Great Depression, just before everything went to shit.

>>30066898
is this real

>>30067037
>>30067148
i think the doomers might be right when it comes to this. history is literally playing out in front of us, we don't really see it because we read it as it passed along the years; we didn't live it day to day.

What I'm learning from this thread is that anything could happen and I have absolutely no idea what to do with my little euro stack.

Nothing a war cant fix

>>30067425
i hope not. i'm pretty sure its just doomerposters

>>30067496
buy water and non-perishable food for starters

>>30063665

>>30067425
>>30067528
It's real, you can check.

>>30067617
well seems like were in for a bit of a shake up lads

>>30067425
>>30067528
It's real. Once (((they))) realized we noticed the seemingly overnight "adjustment" they made to M1 do you know what they did? They simply stopped reporting it. They're trying their damnedest to keep you dumb and clueless so they can move assets behind the scenes

>>30065625
Deflation vs inflation depends on how much the money supply inflates vs how much actual productivity decreases due to lockdown bullshit and cascading credit squeeze

>>30067547
I'm in Poland and we are not allowed to own weapons, I highly doubt that I could prevent the commieblock dwellers from murdering me for my supplies in case of a real collapse. Probably best to just focus on what's best for my finances in case we don't collapse that hard

>>30067826
What do eastern europeans think of russia? Do you thinks they stand against the current order or are part of it and are still allies despite the past?

>>30068075
allies to you I mean that was worded terribly

>>30066103
Bullish for XLM?

>>30068075
>>30068177
russia's biggest problem is the birth rate. what russia needs is a revitalization of religion and nationalism. energy needs are important too

>>30068309
more like bullish for PMs. China is buying up what ever PMs it can get. probably for a very good reason

>>30063665
They plan it for every ten years now. Its pretty obvious. Even if nothing is happening they try and talk it into happening.

>>30068316
I've heard orthodoxy has been getting bigger in Russia recently?

>>30066275
every crash is a temporary liquidity crunch. look at charts since 1999 all the same, US dollar spikes up.
if we get inflation then US dollar becomes worthless after that.
If we get deflation, us dollar bears are rekt

>>30063665
It's gonna be bad. Put your money in silver and watch everything crash (including crypto), and then sell half your silver and move it into crypto (which will recover and become the new currency).

>>30066352
Very unlikely we hit hyperinflation of germany standards. The fact is there will be some system of retribution for retards who over-leverage themselves. This is the new IQ, risk-factor, if you're smart and can manage your money, you will be valuable to the system in the future. If you're a complete degenerate who racks up bills, you'll probably be put into a work camp and liquidated, you and your ilk.

>>30068075
They were never allies. I often find individual Russians interesting, relatable and fun to be around. As a group I hope they all get AIDS and die painfully because of our history and their modern glorification of Stalin/USSR

>>30068406
idk im not russian am merican
>>30068463
so where do we go? deflation it is then?

>>30063665
None. War is coming. We will "spend" trillions but it will just be the fed wiping off ious to the gubbament

There won't be a crash. 2008 crisis was induced by the market. The "crisis" wasn't induced by the market but by the government because they decided to close industries due to lockdown measures. Once the lockdown measures end and most governments tell industries like tourism, hotels, restaurants, entertainment etc. to open up there will be a massive economic boom due to all the cash that was printed.

>>30068646
I understand, do you think they actually mount a threat to the ""establishment"" and the plans for the world or is it all show ?

>>30068657
all the talking heads I've seen the deflation ones make more sense to me. I think the Fed will capitulate to market forces. Global margin call. If they decide to do all they can with MMT and more QE that will result in a Japan situation; no hyperinflation we just go out with a whimper not a bang.
Some TV user messaged this to me; it's a 10 year deflation to hyperinflation scenario
>The key is debt. It creates a feedback loop where debt begets more debt and the short term solution is to print money. Eventually prices always catch up to money supply, this is the inflation. But first, the market is forced to deleverage - to pay up and cash out of as much debt as possible. This includes governments, which need to accumulate vast amounts of the world reserve currency (USD) to do so. This means that the largest fiscal entities in the world are forced to drive up the relative value of cash. Once this mass liquidation process is complete, there is no longer a demand for cash, allowing prices to finally catch up to the excessive supply of money.

>>30066352
>fed raising rates
That would destroy our entire economy, dumbfuck. They will 100% take the route of inflation and ycc because its easier for them to psychology manipulate in that scenario and they can control the reset

>>30063665
This thread is pure boomer bait. They love to fantasize about their end of the world scenarios in which they become local kings because of how many shiny rocks they’ve hoarded.

>>30069153
Extremely accurate.

>>30066313
>thinking this video is about hating the concept of US
It's more about what has manifested in the last 20 years realized in the depiction of the military apparatus

>>30069249
cash will probably be king after the collapse. the dollar is what keeps the gov in power, yeah it's going to hurt like a bitch, but better be weaker than dead

>>30069153
Truly intelligent people are stacking vodka and cigarettes. They'll be incredible barter items.

Haha seems like I’ve found a pot of gold in the button! You have to check Crop platform and make sure that I’m right! A lot of advantages in one place

> Top place for yield farming!
> Liquidity providers reward and staking benefits!
> Lending and voting for token holders

>>30063665
No, the gravy train will continue forever. Diversity is our strength.

I only ever hear about deflation from anons here, and Jim Rickards the glowie. Literally every other successful non-normie investor is warning about inflation.
The writing is on the wall, its not that hard to figure out whats going to happen.

HONK HONK

>>30069385
that said, you should still buy PMs for an insurance policy. no one knows what will happen, just that a big shift is coming

>>30069153
of course everyone is biased.
those who are still in stocks are permabulls market go up forever; if you're in crypto not to flip a 10x, then you're biased about it being a new paradigm. PMs think they have every base covered from inflation to deflation;
if you're in cash you're obviously biased towards a crash; if you're in USD you're biased towards a crash/loss in confidence in other fiat currencies. Everyone has a bias, the question is who's going to be right.
>>30069385
cash is king types are called stupid and honestly it's the absolutely most contrarian position to be in right now.. and that's part of why I am in it so heavily right now; and I had to secure my btc gains since March 2020 somewhere
https://youtu.be/GUZ8b_Fxo_E?t=227

>>30067528
It's real check for yourself https://fred.stlouisfed.org/series/M1

>>30065638
Retard. The United States is the Zog machine and created Israeli. The USA has been spreading its tendrils for centuries now. When the USA decides, it will unleash the power of USA military, Australian military, Israeli military, South Korean military and the Japanese military upon all. North America will drag the entire world into turmoil to remain the emperor.

>>30069898
>The United States is the Zog machine and created Israeli. The USA has been spreading its tendrils for centuries now.
And who created the United States? This evil force didn’t start in America just a few centuries ago.

>>30069898
>USA military
All the brass are focused on the Armed Forces first and foremost as tools for their own career advancement, second as tools to give women, minorities, and sexual deviants welfare and social mobility, third as an investment vehicle for profiteering off of expensive gadgets to use to suppress primitive dirt-farmers with rifles, and not at all as an actual fighting force that needs to prioritize combat-readiness.
>Australian
Tiny.
>Israeli
Israeli soldiers do not fight. Israel spends all of its war money on intelligence to manipulate its "allies".
>South Korean
K-pop conscripts.
>Japanese military
Literally does not exist.

The US and its allies are not poised to prevail in any real war. Dying empire.

>>30065638
Delusional

>>30063665
HOLY FUCK WILL SOMEONE TELL ME WHETHER I SHOULD BUY SILVER OR NOT IM FOMOING BROS AAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>30063665
I'd love to tell you the future, but hodling DIA doesn't make me an Oracle.

>>30070494
Drones n Nukes

Only way America dies is if its bought out by China

>>30070816
why don't you just buy a bit of everything.
value stocks / tiny bit of emerging markets etfs
pm's, /smg/ silver miner meme
cash/bonds

short etf or vix when things start looking nasty

>>30071019
Love DIA but have no clue what you're on about.

>>30071092
And the President's son smokes crack and fucks hookers on money paid by Chinese "little princes" and Eurasian oligarchs.

It's over.

>mfw I have ammo by the thousands in all popular calibers (9mm, 556, 7.62 and 308)

What is the REAL safe haven? I have a little bit of the meme gold/silver/gun but I doubt we will see true boomer SHTF fantasies
What Occupations will get hit the least, or at least rebound the hardest?

>>30071728
If we get mild SHTF stuff probably commodities like steel/lumber/copper. Occupations, probably construction etc.

>>30071728
Crypto dev. Framework for the new economy. Everyone is gonna need payment infrastructure and oracle infrastructure built for their specific use case.

>>30063848
Sure ok. Just like everytime.

>>30063781
This

What’s coming will be much worse than anything seen before in human history for myriad reasons.

The Great Depression we still had a 97%+ white society. Mostly high trust. Most people didn’t live in cities. Most grew their own food and knew how to do whit for themselves. Many held physical gold and silver plus things to barter with like chickens and cows for milk and eggs etc.

Many historians and highly intelligent people long ago predicted the US would Balkanize by the year 2030. We are on track for that. I got the fuck out of the city I lived in for nearly a decade. I live in an almost 100% white area surrounded by farms and fresh water. People don’t even lock their door here. Many people have more guns than they even know about.

>how many guns do you own?
>well heck anon idk, over 60 I’m sure
>how about you?
>only 5
>lol do you even hunt?
>n...no

>>30069112
>That would destroy our entire economy, dumbfuck. They will 100% take the route of inflation and ycc because its easier for them to psychology manipulate in that scenario and they can control the reset

If inflation gets out of control, they have no other option than to raise rates retard.

>>30068628
>The fact is there will be some system of retribution for retards who over-leverage themselves.


but everyone is retardedly overleveraged.

>>30064730
Im from Lebanon
1$ is 10,000 LBP today as opposed to 1500 last year
I can get 4 bags of bread(900g) for 1$
fuck hyperinflation
https://www.reuters.com/article/us-lebanon-crisis-pound/crisis-hit-lebanese-pound-falls-to-new-low-of-10000-to-the-dollar-idUSKBN2AU0Z9?il=0

>>30063665
With my five degrees all related to financial planning using a jewish dreidel. It will be all ok for God's chosen people but the goyim will die inside and become the slaves of the jewish master race.

Heil Hannukah.

>>30068657
>so where do we go? deflation it is then?

This is the feds only option to control inflation. The fed implements policies today for 6-12 months in the future.

The effect of fed action on the economic cycle is latent.

It's like a boat, the fed tries to turn the boat, but it doesn't turn on a dime, it takes time.

People think inflationary rates will continue will be sorely disappointed. At some point the fed has to raise rates regardless of what the stock market is doing.

>>30063665
I don't think its worse than 2008.I think we see something more similar to 2000 or 1970 stagflation. However, who knows if the Dollar gets hit like Mark then its the end of the US.

So it looks like the consensus is that we could go either way: inflation or deflation. It depends which policies the US enacts and how the bond markets react to them.

So then the real question is: what do we look for to know which option will be chosen?

>>30065638

was that dildo video even real

f there is anyone out there that see's this and can understand my situation, my family has kicked me out over political bs, they are mostly progressive types and even though I haven't said anything clearly they planned on kicking me out once time settled, I'm only 25 and I've been forced into a homeless shelter my friends are all out of state so I can't even find a place to stay.
I really just need something so I can get a hotel room for a week and by then my friend from Omaha is gonna pick me up and let me stay with them but I swear if I have to stay with these crackheads one more night I'm gonna lose it, I put my BTC and ETH address below if you are able to help, I also have a cashapp I don't really care how I get something I just really badly need help right now and hoped maybe someone here could save my life literally.

$Backbackfuse


3FHDCtGshzQFKvjrmxKzjLsCoDzTt9iy5Z

0x798360140B58be4147BCda8f0e136DC8030efD47

If you're worried about a crash just pay down debt. That's it. As long as you don't have debt, the markets can do whatever and you'll adapt just fine.

>>30065936
>Not Uzbekistan, they recently backed their fiat with Gold

So, when is the USA planning ti 'liberate' them?

Why would the market fail? What would be the reason? So what everything is overleveraged? If the economy stays on track (and it has no reason not to), then the loans will be fine. It sounds like national debt FUD where omg country XYZ has over 100% of GDP in debt but it doesn't matter because it's all about paying the loans back. As long as the market remains bullish, they will be paid back, and there is no reason not to have it that way. The fundamentals on the biggest stocks are strong, the rest doesn't matter. Shitholes go bankrupt all the time, and the problem with 2008 was letting normies take on too much debt. Corporations should have no problems. Prove me wrong

>>30063665
>How bad

It won't. Nothing will crash you are forever doomed the dollar will never die the fed will never stop. Here's the qrd.

>The forced vax starts and each month they get less and less friendly until you get pulled out by natty guard 10 iqs to take your vax if europe it will be some mehmet un task force.
>Fedcoin is shilled on media, at this point bitcoin and the shartcoins hit all time lows and shitcoins become niche nerdshit
>Gold and silver get a nice spike and schiff talks shit but ultimately the shits useless since FEDcoin...
>Fedcoin is limited wallet that's auto refilled and set to ubi amount every month so you better consoom

>>30077451

sounds like the same bull arguments people made in 2007 lol

>>30066103
See >>One belt/One road initiative.

They are trying to work around the US by going through Asia minor/ME

>>30076814
Better grab those bootstraps, faggot. Stop begging.

>>30073428
>mfw i'll get to watch the US crash and burn first safely from my poorfag EU cave

>>30073818
>Not everyone

Believe it or not a lot of rural folks get by with no credit. Small business owners in small/mid sized cities. Maybe own a small market, or a garage. These people might not own any debt. How will a credit squeeze effect them

>>30076814
Last week a bum asked for money for food. I was going to walk to the store to buy him a snack. He says, hey - I need a ride. I said ok, do you need money for food or a ride. I ended up giving him a few dollars for the kek.

>>30063665
There will be no financial crash.

>>30063781
>>30063790
>>30063848
>>30064047
>>30081438
>>30081338
>>30080901
Imagine actually believing the economy is going anywhere.

>>30076868
ARe you ignorant?

Other way around, if inflation is coming you want to be in as much debt as possible because your debts will become worthless.

>>30063665
I am not sure about an crash, but we are experiencing a correction. Yields are increasing because inflation is increasing. Inflation is expected to increase due to higher projected economic growth. With vaccines rolling out and continued stimulus, the economy is projected to grow faster than anticipated.

Investors will revaluate the bond market, and some will pull out of stocks in favor of higher yields. We are seeing value stocks out perform growth for the first time in recent memory. In periods of high inflation, value stocks tend to perform better than growth. Energy, Financials, Industrials, etc. also tend to perform better under these conditions as well.

Personally, I do not think we are approaching a crash but rather are in the beginning stages of the recovery phase after the COVID recession.

>>30082213
You really think people are going to be in a hurry to spend when they owe 5 figures in rent or forbearance expires for their student loans and mortgages with so much unemployment? This is the time to adjust your portfolio accordingly or leave the markets altogether.

>>30080901
EU is pretty much in as shit state as the US

>>30068646
>because of our history and their modern glorification of Stalin/USSR
Can you blame them? in all fairness, you see this exact thing happening on 4chan, with glorification of Hitler/nationalism. its all just a reaction to the disturbing aggressive liberalism that the west is incessantly pursuing.
i think a lot of people have serious congnitive dissonance when they see people like Mr Floyd get glorified on TV.
i mean, how else do you react to that? its a clown world, the only way to not go crazy is to go clownmode yourself, or take the polar opposite stance and go hyper rightwing. lots of people are desperately grasping for an idea or a figure to clutch on to that protects their identity. I think Trump was a huge signal for that. It's not Trump who people voted for, but what he represents - a stand against modern liberalism.
Now that he's gone, well, things are quite depressing if im honest.
I'm willing to glorify Stalin/USSR, if in exchange i can say outloud "I'm proud to be white", stop pretending that i think transsexuals aren't mentally ill, and to be able to selectively live amongst other whites.

>>30063665
Don't worry anon, inflation of this magnitude is good. It means that the recovery is working. The news said so.

>>30084597
Ah relief, my question has been answered

>>30064153
Without semiconductors? Bitch you can't even meet chip demand for EV cars, gaming and mining. Robots can suck it.

>>30084285
Not polish anon, was just interested if eastern europeans prefer russia over the west today despite the past or not

>>30065032
It's starting, anon. Noticed how supermarket food packaging is becoming slightly shoddier recently?

>>30076814
>I'm only 25
Well....I know someone that can take you

>>30084813
nah, mum does shopping, but i don't doubt its coming soon will be nostalgic to see all the 'credit crunch' and 'super saver' signs like when i was a kid in 2008

>>30083505
Jobless claims are trending downwards. We will have a better idea this Friday when the unemployment report drops, but we are seeing improvement. With the continued support for vaccines, states will continue to open up.

>>30081477
>There will be no financial crash.

Lmao how can you be so fucking retarded. I can't think of one economist who would agree that crisis is evitable.

What will a period of mass deflation be like for the world? How far will it spread and how long will we be under this current?

Everyone just stay inside and play vidya

>>30064581

>>30064047
>the price of goods have remained the same just doesnt feel like the apocalyptic crash many predicted
I'm not sure if this is entirely accurate, but my way of explaining this is to point out the suddenness of the mass unemployment. It was like a switch was flipped and the economy was instantly turned off one day. One good part for normal folks about this mass unemployment being extremely rapid is that businesses can't really increase prices too much instantly if so many of their customers are unemployed. It was like the one circumstance that prevented a big price increase of consumer goods.
I think we'll pay for it soon enough, just nobody can predict when the bill comes due.
The problem is that unless the economy opens up entirely, the recovery will be long and protracted and far more painful: like a bandaid that you pull out slowly rather than just yank off like you're starting a lawnmower.
You want an economic correction to be swift and painful, so the malinvested capital gets redirected to better uses and the economy gets back to work quickly. But politically this is hard to stomach for voters so we we'll just print our way out of this mess Venezuela style I guess. Have a plan for growing food, hard assets, and weathering some tough times just in case, but pray we're wrong about this.

"The Great Reset" that schizos like to jerk themselves off over will not come until automation can reliably take care of most forms of labour. We might have a normal sized crash again, but the big one won't be for a while.

so what happens when it crashes
do they print even more money this time?
whats after that? replace the dollar with a "New" Dollar to.battle hyperinflation?

>>30069414
get out of here, s.t.a.l.k.e.r.

>>30067584
my sides

>>30063790
>When millions get fucked in the ass, make sure you're first in line for the next ass fucking.

No thanks.

>>30063848
>FIAT currency will be useless. In the mean time goy, why don't you buy this BTC for $50,000?

>>30085061
Biden said today he hopes we can open by this time next year. Not going to happen bro, they're trying to keep us locked down as long as physically possible. You've been watching too much boomer talmudvision, the ultimate opiate for the masses.

Didn't they just move savings account balances from the M2 calc to M1?

>>30086798
Savings or checking? Where did you hear this?

>>30085460
I totally understand what you're saying as I've said before im based in Uk and it hasn't become noticably bad yet. The reason I made this thread in the first place is that I saw covid from a mile off and what they were going to do with but had to focus on my studies then recently coming up to the 1 year anniversary I realised the economy is in the state I thought it'd be in and came here to find out the specifc methods that are holding it down and when it will break out

>>30087520
of course im awae of the broader situation but just trying to pinpoint the specific moment that it will reallly really start to hurt us in our everyday life

>>30068463
what happened on the right graph in late 2019? there was no liquidity crunch but everything still fell?

>>30064047
Prices haven't remained the same, food prices are going up for sure as well as housing, lumber, etc

>>30086744
texas just reopened and lifted the mask mandate

>>30065175
Actually sounds pretty good considering he's likely to die violently from a hoarde of niggers

>>30066844
Trump and biden are the same shit, every president has been a jewish puppet since who knows when

>>30063665
Nigger, were in one. Ever heard the term "k shaped recovery"? The real economy is in the toilet, has been for almost a year now. Only the markets are doing fine, because they are running on QE and stimulus money. It's all fake. WE ARE IN A DEPRESSION

>>30065638
Holy shit we are fucked

>>30087618
its never like that. you can never "pinpoint" the moment shit hit the fan - you can only do that in restrospect, after shit hit the fan already.
think about covid regulations - in retrospect things went south rapidly, but at any given point, it was a relatively "smooth" descent into a shithole.
We're still on that "smooth descent" - just gradually things get worse, and worse, and worse... until we look up and suddenly realize we should have left years ago.
tons of examples of this. by father keeps reminding me about how the USSR collapsed. in the 80s it was utterly unthinkable - simply ludicrous to propose a country so massive would "collapse". why would it ever do that? unironically too big to fail. just a silly thought.... and then in the span of 3 years shit hit the fan. not overnight, not over a month. 3 years. by the time it dawned on everyone that the country they grew up in got rugpulled under their feet, it was too late.
same thing here, probably. the UK is not the UK of 2010, not by a mile.

>>30088374
yeah it's mad how much has changed in a short period of time, like an exponential graph it bubbles under the surface and then breaks out when the idealology/populous reaches critical mass. All we know is its happening now and no longer speculation like the early 2010s

>>30067132
>my negro checkin' that ass
dangerously based

>>30063665
>how bad the coming financial crash will be?
About as bad as in 3rd century Rome
>Another great depression or does the system have a plan to wether it
You may call this great depression. Except this time the patient will hang himself, because he suffers from a bunch of other illnesses.
>Worse than 2008?
2008 was literally nothing in comparison.

>>30068309
no. bullish fot bitcoin and rsr
bitcoin is going to be a global reserve currency unironically

>>30089009
ok think we've got the jist by now

>>30079310
well aware

>>30089132
Won't btc and rsr dump hard with the markets at first?
I'm an idiot with a family and I want to be prepared for their sakes. I have guns, ammo, silver, etc. Should I also keep cash ready to buy up a drastic btc dip, rather than have that money already locked into investments?

Thanks to you anons I invested half my portfolio into SQQQ months ago and now I am almost down to nothing

>>30088158
> real economy is in the toilet, has been for almost a year now
try 2009.. lot of analysts say the economy never recovered after the great recession. people just dropped out of the workforce. look at the NEETs, small towns dying of opioids. US centric but UK doesn't look so hot either; not sure about the rest.
All the growth has been debt, it takes something like $5 of debt to $12 of debt to return $1 of GDP growth.

>>30089466
Wondering the same thing, whether I just hold my investments throughout the shitstorm or pull out and buy during.

>>30089510
buy high sell low

>>30065638
China would still lose to a war with the US + allies, that's the funny thing

>>30066313
Based.

>>30065638
>promotional videos vs some faggot banter
for the most part some women will get waivers and sit back in supply when SHTF
the faggotry has little impact on combat ability.

So what is it? A great depression 2.0 from the stock market crash or hyperinflation from the feds and other central banks printing out money endlessly to fix the crash?

>>30063665
Revelation 6:6, a day's wage for a loaf of bread.

>>30090148
Unironically true for at least the next 20 years.
We have better equipment, and despite a pozzed military, know how to use it better.
It takes years of actual war experience to figure out the best way to run actual combat operations.
China has spent years beating up unarmed peasants and has almost no experience in anything meaningful.
The US has been constantly fighting actual wars: easy ones, but wars nevertheless.
It would be in our best interests to fight the war ASAP when we know we'd win.
China is winning the soft conflict though: buying up infrastructure and media outlets, buying politicians, and solidifying their control everywhere. They have a chance to win longterm without firing a shot.

>>30066275
/thread

>>30066275
That sounds a lot like the apocalypses

>>30066352
Borrowed money only gets more expensive if the rates are adjustable or the dollar rallies.

>>30063665

Record high stock prices.

Records high unemployment.

Also, exciting new investing opportunities for the companies which can best exploit the indigent UBI caste (which is now 50% of the country). They may be disgusting proles, but they'll cough up those fedcoins for malt liquor and vape cartridges.

>>30068993
Finally a decent post

>>30069414
also because vodka and cigs are awesome in their own right

>>30069548
Every sucesfull investor is successful because they are greedy and selfish. It works, so thats why i rather not listen to them 100%. What do they do? What are they moves? Thats what i ll do.

>>30090536
All of it

>>30075339
Exactly! Someone answer this please

what the fck is happenning here. stop discussing this shit, im tired with your dumps and fake “moon”. your spaceships are shit. is that so fucking challenging to invest in smth good lol???get phore coin, have the graphene airdrop and stop being so tarded

>>30063665

belle dellephine pictures will be traded for seeds
onlyfans accounts will be traded for wood
nvidia cards are being burned out on bitcoin mining so they won't be around to keep you warm in the cold nights to come

there wont be any crash this year morons, covid is over

>>30086798
>>30087281
Savings. From the fine print under the graph.

>>30090536
We will have deflation, followed by "everything's back to normal," and then we will be hit by hyperinflation, hard. Post-WWII in Hungary tier.

>>30065625
retard fiat shill.
you should only hold in cash until the crash, after that just buy the absolute dip of what you want, not only will you get a 2x to a 100x, you will also be hedged against inflation.

>>30088068
no shit. just making a joke

>>30065638
>cherry picking the worst clips of US military vs literal propaganda of the Chinese military

kek, the US military is still far more dominant than the Chinese. Half the China's military equipment is broke ass garbage and the half that does work is just shittier versions of what we have because they literally stole the designs from us.

>>30065032
steel prices have more than doubled in the last six months. people trying to rebuild this shit can't afford to buy steel, and if they do it's going right into the costs of their building. if they build a grocery store, they need to buy higher priced steel (or find alternatives), they will need to recoup costs so building prices will go up, the store's prices will go up.