/biz/ - Business & Finance

>>55868165
ricecels rebellion
they are all fucking gaming and ruining war thunder

>>55868165
retards who dont understand this is coming to hit burgerland here in the next few weeks are retarded.

the global recession has started today

It’s closer to half if not more. And they have nowhere to go, the floods took their parent’s basements.

>>55868165
SHAINAAAAAAAA!

>>55868165
Sending millions of young men to the meat grinder soon is probably going to go well for their already collapsing demographics.

>>55868165
based anti-work chinks

>>55868184
this
>the global recession has started today

>>55868219
they could send the older ones into the meatgrinder and give the jobs to the younger ones, it would solve their social welfare and they youth unemployment problem.

>>55868184
I work in construction and it seems like the recession started in earnest a couple months ago. The amount of projects we have to bid lately is retardedly thin. Everyone is already fighting for scraps.

>>55868184
A recession will never happen under Biden. Even when it did happen last year they redefined it

>>55868219
All good, they have too many men anyway, what difference is a few million?

>>55868275
I do small time and home owners are still spending like crazy. Booked till October. No advertising.

>>55868192
>And they have nowhere to go, the floods took their parent’s basements
topkekked

>>55868266
how do you send old farts to the meat grinder?

>>55868318
Yeah I'm talking bigger commercia/industrial stuff. Residential is another world compared to what I look at.

>>55868356
You mean like office buildings, factories, etc.? Office space has been fucked for a couple years now.

>>55868356
I mostly do work for old people so I know the money is sound. However have done wfh couple's basements who were probably mid 30's. I often time wonder who is tapping credit. It's wild seeing two 80+ year olds living in 4 bed 2 bath homes all by themselves.

>>55868165
What's the difference between not counting and bullshitting like they normally do? Did they run out of money to pay the number massagers?

>>55868392
Schools, hospitals, government buildings, distribution facilities, and factories/plants mostly, that kind of stuff. We don't deal with light commercial (retail, offices) much. I understand that stuff has been dead for awhile already.

>>55868275
I work in logistics and its same story here, he had to downsize from 45 trucks to 24, and all over parking lots there are trucks without any jobs scheduled

>>55868165
Don't worry about it bro.

>>55868290
big brain post. they'll let drumpf win so they can pin it on him

>>55868266
Now you're thinking like a true Communist.

why don't they take jobs from the old people and give them to the young people?
old people don't need them anyway

>>55868636
Muh Confucius

>>55868484
whoever wins in 2024 is going to be handed the biggest economic collapse since the great depression, if i was trump i would just become a martyr and go to prison lol

>>55869792
But whoever wins will also be the next FDR and reshape the country to whatever the fuck they want it to be.

>>55869814
So they're gonna get us involved in a major war to resurrect the economy?

>>55868354
cobid, but this time for real

>>55868290
this

>>55868184
>today

>>55869906
US/Mexican War

>>55869906
Thats what I would do, all the job programs in the world can't save a broken banking sector. War on the other hand...

>>55869906
>>55870097
We already have war at home
>war at home

>>55868184
The recession is over.

>>55868275
I’ve also seen the same. A number of employees at my company have recently been tasked with doing nonsense overhead jobs that aren’t even billable after the work has dried up. I’ve got a feeling they’re going to be laying people off very soon, because they must be burning through cash doing this.

>>55868165
Chinese property giant Evergrande files for bankruptcy. Probably nothing

>>55868165
I'm not sure about other sectors since I'm a /g/entooman who only knows about SWE, but as far as the tech sector goes they get what they fucking deserve for allowing 996 to happen. They made the only job that pays enough for you to survive by yourself become sweatier than the existing 11 hour a day factory jobs, then they're surprised when young people get burnt out to the point of becoming NEETs and call them lazy for being burnt out from spending all their waking hours in the wage cage.

>>55868418
>Did they run out of money to pay the number massagers?
Probably the youth unemployment is so high that there's no way they can get away with a bullshit statistic anymore. When 1 in 4 people you know are unemployed, that still seems a minority so they could get away with saying 10% are unemployed and you'd just think that your friend group is particularly unlucky. But when it's 1 in 2 like it probably is, that's too many people to hide with some 10% statistic. The current, likely fake number that's above 20% is already riot worthy, or in China's case NEETdom worthy which they consider a form of protest.

>>55869906
We ran out of countries to bully. Best we can do is a civil war which unironically might be good for red state economies.

>>55868165
Why are chinks such frauds

>>55870261
Country Garden missed some bond payments. Similar balance sheet size to Evergrande. Not looking too rosy.

>>55868165
Bros that’s literally a Great Depression. Chinese buy houses not stocks too. And I’m sure you know how that’s going.

>>55868165
How do the China neets survive? Do they get neet bux?

>>55868184
This. Only reason Temu exists because amerifats can't afford to buy chinkshit in bulk and sell it on amazon anymore. It's over

>>55870393
Probably their parents support them, like in Japan.

>>55868354
Hang their social security over an industrial factory grinder

>>55870367
Sounds like not my problem.

>>55868219
They will eat the CCCP before they set foot in foreign soil

>>55868184

>>55868184
Its been going on for years in the west. Educational inflation that is. Right now you can find blue collar work in the UK or US easily. You could hop jobs every other day. White collar work however, good fucking luck. There is an over supply of educated white collar workers.

>>55868456
Whipsaw economy from inflation.
Demand for things like that went ballistic in the pandemic, created an insane supply crunch and demand spike.
Business spent the following 2 years with backlogs to try fulfil demand later.
Then as rates have risen and people got squeezed demand dropped as suddenly as it came and those businesses that expanded too fast on temporary demand hold the bag.

I do Ebay and have done since around 2012. So many people online whine and bitch how their stores are “invisible” and sales are dropping or even dead”. They also say its not just summer slow down, because it is way worse than last few summers(their only experience).

Bullshit. This is typical summer before the ridiculous demand of the pandemic started in 2020. My store would almost die every june-july-aug when the economy was not ballistic.

Im seeing a race to the bottom in so many niches as these pandemic era sellers desperately unload now. This is contributing to reduced inflation. Typical market cycle.

>>55870283
I enjoyed your post. Thank you for the information.

>>55868165
Why not remove them from the unemployment calculation if they don’t look for work or don’t have a job after 6
Months? See, everything’s better. Just like in the west

>>55868165
>stop counting unemployment
>unemployment drops to zero

>>55868456
same where i live, my neighbor was bitching about it the other day. he said "we're already in a collapse the newspapers just aren't reporting it yet" and pointed out that if diesel goes up then a bunch of companies will go bankrupt, yellow freight was the canary in the coal mine

>>55870353
nobody is talking about the trust companies yet.
or Tether.
https://www.asiamarkets.com/chinese-trust-companies-on-the-brink-looming-bankruptcies-bigger-than-evergrande/

>>55871660
Are you 18? You have to he over 18 to post here.
I refuse to believe anyone who isnt a young zoomer still takes the tether narratives.

>>55870060
>Mexican War
uwotm8? why wouuld the US go to war with Mexico?

why bother counting a fake number??

in usa maybe 1 in 2 people work. laborforce participatiom =\= unemployment

>>55868573
>Communist
dictatorship =/= communist

>>55870163
This

>>55869906
yeah why do you think trump shitposts about Iran so much

>>55868184
Burgerland doesnt have 300% of GDP like China does. Burgerland doesnt need to import food to not starve like China does.

>>55868354
When you are a communist dictatorship you can convince anyone of anything.

>>55874004
Most of your food comes from Mexico, 80% of Mexico's agriculture to feeds burgerland,

Everyone lied to you kek

>>55868165
ME SO SORRY ME NO PUBLISHEY

>>55875104
The US only imports most of its fruit from Mexico, everything else that the US imports comes from a huge array of different countries. Only 20% of food in the US is imported too. You're full of shit.

>>55871000
Real white collar jobs (doctors, lawyers, engineers (not swe "engineers") are in shortage too.
The real problem is the legion of parasitic HR jobs and managers who produce nothing and provide no real services to support the economy. We got HR roasties we pay 3 times the salary of a doctor in Europe to send mails and "meetings" at the restaurant.

Corporate America is just pure bloat.

>>55868165
>In June, China's jobless rate for 16 to 24 year olds in urban areas hit a record high of more than 20%.
>In July 2023, 55.0 percent of young people (persons ages 16 to 24) were employed, the U.S. Bureau of Labor Statistics reported today. This measure was little changed from 55.3 percent in July 2022. The July 2023 figure remains below its level of 56.2 percent in July 2019, prior to the onset of the coronavirus (COVID-19) pandemic.
hmmmmmm
i love propaganda

>>55868354
Install more escalators

>>55868275
Leaf here it's the opposite. I work in consulting with a lot of general contractors and it's the same story from all of them - they can't find people willing to work. It's a labour shortage up here. I guess people would rather be lazy bums and try to live off welfare than put in an honest days work.

>>55868354

>>55875772
The pay is shit. What did you expect?

>>55875714
Why do you compare Chinese NEET rates with American employment rates? No one is falling for it, chink.

>>55875772
have you tried paying more money?

>>55876013
are you incapable of deduction bud?
>June 2023 Chinese age 16-24 youth JOBLESS rate allegedly 20%
>July 2023 American age 16-14 youth EMPLOYMENT rate 55%
you're a big boy you can put it together now

Ah the democrat way of doing things

yeah but in China theres no Niggers or street crime, and if you do get a job the government gives you an apartment for like 200 dollars a month

>>55868354
In Sweden it's called ättestupa.
It's where you throw old people from a cliff once they are no longer useful to society

>>55876308
>40% of american young people going to college? that can't be

>>55868184
>comparing a literal hive country of soulless GTA-tier npc bugs to the glorious US of A
sucky sucky hong kong

>>55868165
This is what they get for exporting basedbeans

>>55876498
What kind of rat made
S
O
Y
B
E
A
N
S
a censored word here? Its a literal commodity!

>>55871643
>>55871660
It always amazes me how /biz/ is so early. Normies can never admit or see that the collapse is already happening.

>>55876526
tranny jannies got tired of being called sóyboys and they cried to big daddy hiroshimoot until he added a filter.

>>55875752
But the old ones instinctually avoid the escalators, hence their old age.

>>55876372
>etherdip
based savage vikings man. they did what was necessary to survive/thrive in such lands. Semitic religions only promote weakness and death in humanity.

>>55868165
>DUDE CHINA IS ABOUT TO COLLAPSE, THEY DON'T HAVE ENOUGH YOUNG PEOPLE!
also:
>DUDE CHINA IS ABOUT TO COLLAPSE, THEY HAVE TOO MANY JOBLESS YOUNG PEOPLE!

>>55876986
I feel like those things correlate though - pop is weighted towards older people who have all the jobs and young people simultaneously can't find new work in stagnant economy. If young people can't build wealth though, they can't help the economy grow through consumption.

>>55876986
>babies first day learning about percentages
Yes, China does in fact suck

>>55872937
Imagine unironically stating this as if it were a logical fact in the current year, given all that we know. Maybe if you live in an upside down world where wisdom = stupidity!

>>55877313
That's bullshit. High youth unemployment means the older generations are not so desperate for their help.

>>55868266
He's right

>>55868165
Why are Americans so fucking obsessed with China?

>>55878887
any day now

>>55868184
American unemployment is the most fake statistic they have at their disposal
>Hit burgerland
Burgerland has had 50% unemployment since Covid

>>55870344
>LET US TRACK YOU
Why?

If your nation is actually sovereign there's absolutely no reason to post any data about anything, else the central bank will just trade against you

Would you post your longs and shorts and liquidation prices?
No?
Why would a country?

>>55872937
Not exactly, but once you start confiscating everyone's stuff and shutting down businesses, a police state us inevitable to oppress the losers

if we don't count it it doesn't exist

>>55878887
google "manufacturing consent for war"

>>55879796
The thing is, the war has already started, the only one not responding and doing little fucking snide remarks like a bunch of faggot women are Americans

>China hacks all over the military
>"W-W-W-WELL YOU'RE GOING TO COLLAPSE IN 20 YEARS"
What the fuck?

>>55879893
Lmao @ ESL ass journalism
>a malicious computer code
You're running out of young people Chang better make that play for taiwan soon, how many working aircraft carriers do you have again?

>>55878887
Still cracks me up that this doomposter is the actual picrel

>>55879976
>Taiwan
They were in Alaska literally 2 weeks ago and had the army shit their pants in fear

Than the whole balloon incident

So pre-occupied with some island halfway across the world you're blind to your own borders

>>55879796
>manufacturing consent for war
Uhhh hey chang... if you didn't want us to "manufacture consent" you could try like... not flying spy balloons over our territory? not copypasting all our industrial secrets including the motherfucking F-22 blueprints? (which you didn't have the tech to manufacture anyways, J-20 is pure cope) ... not making a second foreigners-only currency specifically to rig trade in your favor? not releasing a global pandemic that kills everyone's grandparents? not doing this >>55879893 ? and of course, not openly threatening to take a neighboring country (yes country) by force? You could have had Hong Kong and Taiwan voluntarily if you'd just waited and not chimped out but no, you couldn't even manage that.

>>55875772

>when people don't accept the pay rate that means they're lazy

Kek

>>55878887
Our economies are very intertwined

>>55880454
t. brainwashed by government propaganda
thanks for proving my point

>>55880701
>implying the US primary school system is competent enough to "brainwash" anyone
The thing residents of third-world authoritarian shitholes like yourself will never understand is that, in a free country, people's opinions are formed by more than just what they are told to think by the government. They can't fathom that negative sentiment against a foreign country could develop organically. Ch*na may be able to get surface-level public sentiment moving one way or the other by direct command, but here in USA public sentiment is like a train with no brakes sitting in a railyard on the edge of a hill - once its set in motion, nobody can stop it, not even the government. You thought because of the long delay in reaction that the various increasing slights you "got away" with had no impact, little did you know it's a game of Jenga, not a game of chess. And you're the only one removing blocks.

>>55878887
these guys are faggots I watched a video where they walked around some abandoned detroit-looking neighbourhood in China where nothing had been touched in 1-2 decades and it was all overgrown and falling apart and they claimed it was built 2-3 years ago and it was evidence of poor construction quality. They are blatant anti-china shills.

>>55869906
my thoughts exactly yeeeeehaw

>>55880819
they are called ghost cities you fucking retard and its all true fucking retard

>>55881324
ya full size trees growing through buildings in 3 years becasue the build quality was so poor it was leeching chemicals causing the trees to grow 10x as fast

>>55868165
no countries employment numbers are real. The whole think is jewish math. glowies love talking about muh china while deepthroating zogmerica

>>55869814
>reshape the country
you can't polish a turd

>>55880648
>>55880648

What's it like to hold the hand of someone you love?
>Intertwined.
Do they teach you how to feel finger to finger?
>Intertwined.
Do you long for having your heart interlinked?
>Intertwined.
Have they left a place for you where you can dream?
>Intertwined.
What's it like to hold your child in your arms?
>Intertwined.
What's it like to play with your dog?
>Intertwined.
Do you feel that there's a part of you that's missing?
>Intertwined.
Do you like to connect to things?
>Intertwined.
What happens when that linkage is broken?
>Intertwined.
Have they let you feel heartbreak?
>Intertwined

>>55870163
correct, recession is over and depression is incoming

>>55868165
Blizzard stopped reporting subs. Probably nothing.

>>55881835

>>55871643
Yellow didn't go under because of diesel prices. It went out of business because of huge debts and a bad union deal.

>>55879733
>once you start confiscating everyone's stuff
Oh for sure bro the commies are coming for your crusty Walmart TV and Wii U

>>55880454
>>55880785
shut the fuck up MIGApede

>>55868219

This, but unironically. A major war would be the best thing for China right now. They have loads of excess males because of the one child policy, the war economy would juice the economic numbers, solve unemployment, and rejuvenate national patriotism.

RIP Taiwan.

>>55868165
There's no point in counting unemployement when it is next to zero. Everyone in China who wants to work is working.

>>55880135
>They were in Alaska literally 2 weeks ago and had the army shit their pants in fear
Didn't they fuck off as soon as the Airforce did a fly over with a couple of F22's?

>>55882143
>A major war would be the best thing for China right now.
That they'd lose. Or worse end up like Russia in a stagnant quagmire.

>>55875772
solid bait

why aren't kids doing more homework than they are assigned ?

>>55868165
Youth unemployment is a meme

>>55882322
>That they'd lose
Lel I'd love to see the remnants of the mulatto goblin tranny US military try to come to the rescue of Chinese Taipei only to get their aircraft carriers sank by China's stockpile of hypersonic anti-ship missiles while Vietnam protests 2.0 rage on in American streets.

>>55882556
Because South Korea and Japan don't exist? Or the Philippines and Guam? China is literally ringed by Islands and peninsulas for the US to operate out of.

Also Vietnam absolutely hates China, they would not help China in a war. In fact they're more likely to take the opportunity to join the coalition against China.

there's a worldwide labor movement brewing that will consume the rich within a few years if we're lucky. if not, then there will be a violent revolution that will destroy civilization