You fuckers never learn, do you?

[Anonymous No.18081296]

Get ready for the long haul, retards

[Anonymous No.18081331]

>>18081296
there is no world war in 2020 retard

[Anonymous No.18081366]

>>18081331
1929 was a decade after the first world war?

[Anonymous No.18081387]

>>18081366
there's no world war in 2010 either

[Anonymous No.18081390]

>>18081331
there wasn't a world war during the great depression either retard

[Anonymous No.18081396]

>>18081331
>World War 2 caused the Great Depression

[Anonymous No.18081427]

>>18081396
world war 1 did

[Anonymous No.18081454]

>>18081331
there is corona chan =}

[Anonymous No.18081481]

>>18081427
WW1 ended in 1918
Stock market crash started in 1929

[Anonymous No.18081528]

>>18081481

[Anonymous No.18081533]

>>18081296
Depression: Unlikely
Recession: Likely

Depends how much trump is willing to go balls out against other economies in the world.

[Anonymous No.18081576]

>>18081427
Stock market pumped after WWI

[Anonymous No.18081624]

>>18081481
I would argue that the recession of 2008, the causes of which were never fully corrected, combined with the sudden coronachan, combined with fighting a few wars for the past 20 years is as likely as the world war to trigger a depression.

[Anonymous No.18081676]

>>18081481
WW1 is what led to Germany's hyperinflation. European nations lost massive amounts of young workers. The aftereffects were inevitable. Those in the US just thought they would be immune to the ripple effect.

[Anonymous No.18081802]

>>18081427
>>18081528
the great depression was caused by interventionism from the hoover administration, which turned what would've been a normal correction from insane highs thanks to the free market policies of coolidge into a decade long depression

[Anonymous No.18081894]

>>18081331
Are you sure about that?

>Lmfao dude it literally only takes Trump pissing off China a tad bit more and the oil war to get a little bit worse for us to have another World War

[Anonymous No.18081925]

>>18081296
But this time it's different!

[Anonymous No.18081948]

>>18081331
Historically illiterate faggot, I bet you're American too. Embarrassing.

[Anonymous No.18082048]

[Anonymous No.18082496]

>>18081296
I'll use my usual strategy. Buy when /biz/ is crying, sell when /biz/ is fomoing.

[Glowinthedarkultrafaggot No.18082506]

>>18082048
So much this
Absolute based
The fire rises

[Anonymous No.18082528]

>>18081533
either way what we see now is dead cat bounce

[Anonymous No.18082794]

>>18081331
>>18081427
>>18081624

[Anonymous No.18082820]

>>18082506
This might not be ironic in a few months anymore.

[Anonymous No.18082853]

I would say sure, we could end up with that shape, but not their severity. Markets move much faster now because of the internet and globalization, so we might not see the 2 year bear market.

[Anonymous No.18082865]

>>18081331
>He doesn't know

[Anonymous No.18082886]

>>18082794
>instagram username
fag

[Anonymous No.18082921]

>>18082794
kek.

[Anonymous No.18082941]

>>18081296
sio what you're saying is we can catch a mini recover over the next month or so. thanks for the free money

[Anonymous No.18082966]

>>18082506
Nazis only rise to prominence when people realize that Communists/Antifa are awful.

[Anonymous No.18082987]

>>18081331
The war is why they came out of it you dumb nigger.

The reason why the bulltrap fell in 1929 was because there was:

A: A ton of newfags entering the stockmarket. Buying and selling stocks was incredibly cool then
B: Shit load of overconfidence and outright denial. No one thought it was over or could be over. Unironically all the retards in that era thought "lol stonks only go up"
C: Some inflation. The big movers and shakers at the time were literally going around tossing money at the stock exchange buying millions of stocks at the time and declaring that "This market shall not fall"
D: A government that was not willing or able to actually do anything about it.

Some of the similarities at this point are up for debate and some of them are not. We do check a lot of boxes, imo.

[Anonymous No.18082989]

>>18082794
the windmill is turning the wrong way and so is the paddle wheel,

[Anonymous No.18082999]

>>18081296
Why would you not buy now. Absolute bottom. If it doing go into recession then money is worthless anyways. Definitely a gamble worth taking.

[Anonymous No.18083010]

>>18081331
lmao 10/10

[Anonymous No.18083033]

>>18081802
Holy shit this is an absolutely retrarded take. Hoover did literally nothing. That was the issue; The goverment at the time was not able to actually do anything. The fed didn't exist until after the great depression. Hoover was one of the sheep in denial saying that the stock market was fucking indestructible and convincing the population to keep playing on it.

[Anonymous No.18083066]

>>18082989
Fed existed in 1913

[Anonymous No.18083076]

>>18081528
>>18081331
American education, everyone

[Anonymous No.18083113]

>>18082987
>A: A ton of newfags entering the stockmarket. Buying and selling stocks was incredibly cool then
Literally every pleb is trading stonks on Robinhood and dozens of other apps
>B: Shit load of overconfidence and outright denial. No one thought it was over or could be over. Unironically all the retards in that era thought "lol stonks only go up"
Well, just look at the state of this board and Trump's twitter.
>C: Some inflation. The big movers and shakers at the time were literally going around tossing money at the stock exchange buying millions of stocks at the time and declaring that "This market shall not fall"
Printer goes BRRRR
>D: A government that was not willing or able to actually do anything about it.
Check. The government does nothing, except funding buybacks

[Anonymous No.18083134]

>>18083033
>The goverment at the time was not able to actually do anything. The fed didn't exist until after the great depression.
What the fuck

[Anonymous No.18083143]

>>18083033
>The fed didn't exist until after the great depression.
>"hoover did nothing
>having the audacity to call anyone retarded

three strikes, you're out dumbass.

[Anonymous No.18083186]

>>18083134
Excuse me, it did exist but it did not have the reach or power that it did until after the great depression. I was mistaken.

>>18083143
Hoover did do nothing though.

https://www.youtube.com/watch?v=qlSxPouPCIM

You can watch it here.

[Anonymous No.18083231]

>>18081296
This is BS. Whether you liked the New Deal or not, it made future depressions almost impossible.

Pre New Deal, banks were everything people had their savings in. Houses were worth like nothing. No credit cards. No lines of credits. No safety net whatsover. Your company goes out of business and the bank fails you lose EVERYTHING and are zeroed out. In today's age coronavirus will not zero out ANY banks.

There are no dust bowl droughts on the horizon in America (modern agriculture tech makes this impossible)

Also the world just came out of the worst war in history where virtually the entire leadership class of the great western powers were machine gunned into dog food in the trenches. Most who survived were later killed en mass by Spanish Influenza. People to this day still haven't come to terms with the human capital lost in WWI was and how it fucked the world for like forever as a result.

It wasn't poor conscripts who were killed in the trenches. It was a near all volunteer army at first of the best and brightest of each country who were manipulated by God and Country to fight in the great war. Imagine a world run by the lowest base coomer on /b/ and thats the twenties and thirties.

Yeah sure, some boomers will die but we are not wiping out entire generations of young men here. We (USA) were at 3.6% unemployment when this hit. This is a unique event. Nothing. I mean nothing like this has ever happened before. Its not a repeat of history.

[Anonymous No.18083253]

>>18081331
Fpwp

[Anonymous No.18083309]

>>18083231
Anyone shilling stonks or claiming what the Fed does is good is a paid shill and must be killed.
Off yoursef, kike.

[Anonymous No.18083349]

>>18083309
Thats exactly the point of my post. The FED is great.

WTF man? Lay off the pipe for like 5 minutes and come back to us.

[Anonymous No.18083378]

>>18083349
>Lay off the pipe
>reddit spacing
Go back to where you came from, nigger cunt.

[Anonymous No.18083406]

Time for communism?

[Glowinthedarkultrafaggot No.18083420]

>>18082820

[Anonymous No.18083423]

>>18083186
>a fucking bbc 2 documentary

Hoover was the most interventionist president to date, on matters of pure economy. He was in all ways a proto-FDR, and a product of the bastard breeding of late 19th century liberals coping with growing pseudo-socialist/fascistic collectivist beliefs
He instigated unheard of amounts of public works, froze wages when the recession hit, he quadrupled tariffs across the board, brought back provisions from WW1 to centralise and 'plan' the economy through oligarchical industry conglomerate boards, increased taxes, increased spending nominally (despite the below mentioned deflation), created the biggest peace time deficits to that point


and on the matter of the FED, how could you possibly not be informed that the 1920s 'boom' was funded by the childlike management of the fed by people who had no clue how to remotely control it? the entire of the 1920s was a period of historically low interest rates caused by a permanently expansionary monetary policy, which was 'reigned' in in 1929 and then, a year or so after, followed by a slamming on the pedals again

[Anonymous No.18083490]

>>18081296
Didn't they contract the money supply during the great depression? Aren't they gonna airdrop neetbux pretty soon?

[Anonymous No.18083511]

>>18083349
>the fed is great
>being so incompetent at their jobs that they've created a massive asset bubble they can't escape from, again.

[Anonymous No.18083602]

See ypu at 1k goys

[Anonymous No.18083611]

>>18082506
This would be a pleasant surprise

[Anonymous No.18083809]

>>18083611
Wouldn't surprise me.

[Anonymous No.18084091]

>>18082989
Would a water wheel and windmill be on the same building like that anyway?