/biz/ - Business & Finance

bidensama...I KNEEL!

>>57405843
The “economy” is a measure of what? GDP? Does it take into account the quality of life of the average citizen? No. Quality of life is diminishing rapidly as cost of living is diminishing as businesses automate more and high paying jobs are more sparse and people are living above their means just to pay rent and put food on the table.

USA has become a third world shithole. We allowed corrupt politicians and corporate billionaires to destroy the country for their own personal benefit.

Rich get richer, poor get poorer. It’s over for you in this country if you’re not at minimum upper middle class and even then you still risk falling behind and entering poverty.

>>57405843
higher prices and higher debt
it will rug yes

>>57405843
And in 6 months time some minor federal branch will quietly report it actually only grew 0.3%, same old bullshit.

That are waiting for Trump to get into office before they rug the numbers and will blame Trump for it/

>>57405897
KYS you kvetching demagogue.

>>57405843
it's always two Qs away
boring and demoralizing

>>57405843
Why is every new datapoint release a "surprise" or "unexpected"? Incompetence could explain being wrong some of the time, but being wrong 100% of the time can only be achieved intentionally. So why are those responsible for setting these expectations intentionally misleading people?

>>57405843
Dig a hole - economy rises, bury a hole - economy also rise. It's magic.

>>57405897
unemployment is at decade lows and wages are increasing year over year but keep telling yourself that lmao

>>57405843
>When GDP includes govt deficit spending
>and all the Wall Street chicaneries that is not the actual econiomy where normal people live and have to survive
kys

>>57405986
Unemployement doesn't include people who have permanently quit the workforce, which is at record levels.

>>57405897
nobody gives a shit about poorfags, they're born into a lower class and that's where they'll die. Such has been the case since time immemorial

>>57405843
A bunch of companies bought graphics cards and retards take on debt with buy now pay later memes. This means the economy is booming

NICE MARKET BREADTH, NOT A BUBBLE

CONSOOOOOOOOOOM, MORE DEBT

>>57405986
unemployment all time low, housing prices all time high, % of people betting on soft landing over 90%, stock market all time high, 10 year avg interest rates all time low.

surely all these numbers will keep trending from 99% of their cap to above 100% of their cap.

sustainable /thread

>>57405999
who needs full-time jobs anyway, people can just take on multiple part-time jobs and wage 24/7

>>57406070
tech is by definition, advances on the already existing sectors, so the fact that it exceeds the sectors its making advances in isnt very suprising.

>>57405986
More people have to work than ever before and inflation has far outpaced wage growth

>>57406097
tech should lift all sectors using these advances then, but no its bubbling on its own

INB4 REVISED LOWER

>>57406133
>the rest are falling

>>57406137
i'm a slothbucks chad with a huge cock

slothbucks is gonna get listed on coinbase and when it does i'm gonna be so rich i'll be able to retire and spend the rest of my days on my yacht drinking mai tais when i'm not getting laid 10 times a day with all my beautiful women i'll be making even more money trading on a platform that is actually backed by real assets slothbucks if you missed out on btc now is your chance to get on the slothbucks train before it's way to late

>>57405843
>we get a recession irl but virtually and on the TV are told the economy js booming
What a timeline. Normies have also hit all time lows in trust of institutions. 1st covid, then the sudden deaths after th3 jab and now they are told the economy is booming while they are priced out of mayonnaise. Kek.