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/biz/ - Business & Finance


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10986262 No.10986262 [Reply] [Original]

Convince me that the US economy is about to collapse, because as far as I can tell it's in pretty good shape.

>biggest economy in the world
>USD is the world reserve currency
>largest gold reserves
>net crude oil exporter
>zero chance of invasion
>overvalued tech stocks but we're literally talking google, facebook, apple here, they have high actual long-term value in any case
>good employment numbers
>positive savings rate
>property market already crashed, appears mostly healthy now
>high government debt sure, but only slightly more as a % of gdp than the eu zone, and half that of japan and china

Because I see you all buying crypto and precious metals convinced that the US economy and the USD is about to collapse and wipe out all your wealth and I don't see it. A downturn isn't the same thing as a collapse and just a natural part of the business cycle.

>> No.10986307
File: 27 KB, 480x414, D4A2C838-E612-447B-93EE-E7F38FD639F6.jpg [View same] [iqdb] [saucenao] [google]
10986307

>>10986262
>21 trillion dollars in debt
>everything is awesome

>> No.10986417

Wall st isn’t main st, economy is service oriented as opposed to manufacturing, QE has created systematic overvaluation, majority of spy gains due to overhyped tech stocks, no amzn at 200 forward pe isn’t reasonable, r&d isnt an expense but rather debt for equity buybacks to propel short term stock gain, prop market high only due to QE based overvaluation and low supply combined with intl money and is clearly overinflated in major cities as measured by affordability, etc etc

We’re not healthy but we’re not unhealthy

Time in market>>timing the market etc etc

>> No.10986432

We're barely about to moon the whole infrastructure needs a re haul which will be tons of jobs

>> No.10986441
File: 3.80 MB, 1453x9999, BTCfuture.png [View same] [iqdb] [saucenao] [google]
10986441

>>10986307
>21 trillion dollars in debt
>21 million bitcoins total
What a coincidence, it's like if (((they))) designed it to destroy nation-states as wealth moves into BTC to avoid getting stuck in the infinite debt fiat clusterfuck.

>> No.10986450

It's a meme economy (and that's a good thing!)

>> No.10986462

>>10986262
commies
whites are minority
dwindling natural resources

>> No.10986764

>>10986441
One day (((you))) will die and the (((world))) will be (((a))) better place for (((it))) you idiot piece of shit.

>> No.10986775

>>10986307
I hate that the stupid lego movie song popped in when you said that

>> No.10986797

>>10986262
Everyone convinced the US will ever stop being the holy land that it is is either a cuck from a 3rd world country(China included in this, fuck you chinks) or they’re poorfags who don’t get the glory from America the top social class does and are salty. Muh 21 trillion debt who the fuck cares? Nobody has the balls to try and claim that money

>> No.10986815

>>10986764
Mad kike or complete idiot detected. Which one are (((you)))?

>> No.10986852
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10986852

>>10986262
>largest gold reserves

>> No.10986957

>>10986262
It might collapse.But only after turkey, china, the Uk, arentina, brazil, venezuela, cuba, mexico, australia, canada new zealand, russia, pakistan, iran,yemen quatar, saudi, yemen, egypt, tunisia, algeria, south africa, spain, france, italy, serbia, greece, portugal, cyprus, the rouble, the euro, sub sarharan africa, nigeria, kenya, japan, taiwan, philipines, angola, tanzania, and everywhee with brown people, oil prices, steel, aluminium, copper, gold silver, gas, wheat futures, the UN, the EU, international trade, international military alliences, islam, thailand,laos,cambodia, malysia, indonesua, onions prices, wheat prices, pork bellies and frozen OJ, herring, cod and mackrel, bean babies, magic the gatheribg cards, pokemon cards, fine art and antiques and big pharma and the various military industrial complexes and crypto.I may have missed something.Proove me wrong

>> No.10987025

>>10986797
you can say that about every fucking country!! the rich have the glory. fuckin idiot

>> No.10987043

>>10986262
Its already as good as dead, too many niggers and mutts exist already and they will ride this completely down the shitter in the next 40/50 years.
Kikes might start a nuclear war to reset the system and cleanse the planet from the nonwhite plague (and everyone that knows it was the Jews that caused it) but as a country the US won‘t exist very long.
Its only natural that Empires die but this also maybe give the chance for something new to come out of this.

Same goes for the EU, China and Russia are also doomed.
I think everyone that is now alive at this point and somewhat young will experience the beginning of the end.

>> No.10987062

>>10986262
You do realize something can only get so good before it goes bad

That at every moment, a direction is being established

Joblessness cant goto negatives

>> No.10987103

>>10986957
everyone will all fall like a sequence of dominoes. It will be a slow process until it happens everything at once

>> No.10987110

>>10986262
Look at those faggots interviewing jack dorsey yesterday. You're betting on them.

>> No.10987145

>>10987043
Sounds legit. The original European-descended stock is getting bred out at an increasing pace, helped by deliberate government policy choices since the mid-1960s. Too many of the newcomers won't ever truly assimilate. A nation can't exist without its people.

>> No.10987161

>>10987043
I disagree that China is doomed, though, unless they get nuked. They might have an economic collapse, but I don't see any reason to expect they'd fail to come out of it as something other than China after its over. USA and Europe could become culturally unrecognizable, like the Berbers from before Islam or something like that.

>> No.10987194

>>10987043
no country has money to wage a war

it will be a economic war
smart countries are already cashing out of fort knox and hoarding gold to get out of the system
nobody wants to be the brokest chump in town still holding stupid american pesos

we will either go back to the gold standard or skip directly to the bitcoin standard

>> No.10987769

>>10987145
And the technology for genetic engineering will come too late to uplift the unwashed mutt masses, its not even desired to do this because fuck em, thats how the ones in power think about the goyim.

>>10987161
Pretty sure that they will be dragged into the next big war.
You also forget about India and Pakistan who also own nuclear weapons, one simple false flag and the shitskins are nuking each other.

>>10987194
Money doesn‘t even really matter in this type of scenario.
It doesn‘t matter if you go back to gold or into BTC, they already control all these markets and every detail of it.

>nobody wants to be the brokest chump in town
You don‘t get to decide this, they decide for you.

>> No.10987813
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10987813

>>10986262
A’s above so below

>> No.10987821

>>10986764
(((Npc)))s get so (((angry)))