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/biz/ - Business & Finance


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18102929 No.18102929 [Reply] [Original]

How does this make any fucking sense?

>> No.18102941
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18102941

>> No.18102955
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18102955

>>18102929

Haha money printer go brrr. Haha Boomer stocks can only go up.

>> No.18102966
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18102966

?????? WTF ?????? I don’t get it.

>> No.18102988

>>18102929
It's because the Fed is pumping so much money into the stock market which is happening today by the way

>> No.18103000

>>18102929
Worse has yet to come anon, just hold tight and wait for it. April will go down in history for the stock market, the most red you'll have ever witnessed.

>> No.18103005

>>18102988
So you can’t beat the Fed? They just straight up buying stocks now? How is this even legal

>> No.18103030

>>18102929
>implying the market needs those leaches

>> No.18103038

Only people unemployed are the losers of society. Also how many fucking retards willing quit their jobs thinking they would get unemployment. Let's talk when we see how many people actually qualify

>> No.18103039

>>18103000
checked

>> No.18103048

What part of 'Priced in' is too hard for your brain to understand? The priced part or the in part?

>> No.18103063

>>18102929
CONTROLLED MEDIA
all the dumbasses saying the media hysteria is scaring people, when the media hysteria is so far from the actual scary truth it hilarious.

>> No.18103064

>>18103005
What does legal even mean? Are you gonna stop them?

>> No.18103077

>>18102955
more gooder? jesus fuck the level of shit that meme is

>> No.18103082

>>18102929
It's still down 20% overall from pre-corona levels. Big institutions must think it'll eventually recover and are fine taking 20% gains on their billions.

>> No.18103097

>>18103005
((((((FREE MARKET CAPITALISM)))))

>2008
>dems in office
>obama bail out
>republicans REEEEEING over 800 $bil stimulus
>2020
>republicans in office
>6 TRILLION UNLIMITED QUANTITATIVE EASING STIMULUS
>not a single ((((((republican)))))) utters a word

>> No.18103150

>>18103097

Expecting Repubs to have insight or remember history is an exercise in futility.

>> No.18103240

>>18103097
>FREE MARKET CAPITALISM
This isn't free market capitalism and that's the problem. Crony capitalism is much closer to socialism than to free market capitalism.

>> No.18103271

>>18102929
it was priced in. i kept telling you but everyone said i was an idiot

>> No.18103300

>>18102929
>he doesn’t know
https://m.youtube.com/watch?v=jfx7PnMtCeY

>> No.18103304

IT'S CLOWN WORLD YOU NIGGER. THE MORE DOESN'T MAKE SENSE THE MORE LIKELY IT IS TO HAPPEN

>> No.18103323

>>18102955
Ifunny watermark.

also checked.

>> No.18103325
File: 700 KB, 752x1245, Odds_and_evens_-_composite_01.jpg [View same] [iqdb] [saucenao] [google]
18103325

The stock exchange became it's own entity. It was originally directly connected to underlying economy, now the connection is very loose, and SE is more and more a glorified game of odds/evens. Youre trying to guess what other people will do on SE, not how economy is

>> No.18103372

>>18103240
he knows that, hes just some nigger chossing the reality that fis hes narrative

>> No.18103390

>>18103240
cope

>> No.18103525

>>18102929
We are seeing the biggest bull trap in history.

>> No.18103529
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18103529

This is all you need to know. Go to everyone's favorite narrative merchant. If stocks or futures are in the red "PLUMMET! CRASHING! PANIC! UNEASY!" but then on a day like today when everything is up, is that good news? No, A B S O L U T E L Y S E E T H I N G

Fuck the kike media and the doomer agenda.

>> No.18103592
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18103592

>>18102988

>> No.18103642

>>18103005
haha look at this dude

>> No.18103697

>>18102929
It doesn't

>> No.18103748

>>18103697
yes, its called stagflation

>> No.18103783

Why does it have to make sense?

>> No.18103885
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18103885

>>18102929
It is that simple.

>> No.18103936

>>18102929
Stock market isn't the economy anon.

>> No.18103964

>>18103005
The government makes and enforces the rules anon. Of course it's legal. Anything is legal as long as they want it to be.

>> No.18104013

>>18103240
Real capitalism has never been tried.

>> No.18104020

>>18102929
More stocks for people with equity.

>> No.18104056 [DELETED] 
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18104056

>>18103005

>> No.18104078

>>18103936
>>18103964
>>18104013
Why are people standing for this? Why hasn’t anyone stood up and said something they are literally robbing everyone blind the system is fucked. You work everyday from 9am to 5pm to get taxed and then your money inflated away by the Fed!!! you can’t win. They make it so you can’t save money how is this fair. Why aren’t people mad about this and want to fight back!????

>> No.18104124

>>18104078
What are you going to do? Feel free to go march on down and try to stop them. I look forward to seeing the headlines about the crazed gunman being either killed or taken away.

>> No.18104172

>>18104124
I can’t do it myself. We need to have a civil war. This isn’t the country that it’s supposed to be. We are not free. This is theft

>> No.18104210

>>18103005
Our ruling class made it legal. Stop asking silly questions goy

>> No.18104235

>>18103000
shit, i hope not

>> No.18104268

>>18104078
Ironically I feel this way about a capitalist system

>> No.18104299
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18104299

>>18104172
Yeah man, let's overthrow the government and put someone like us in charge instead of those capitalist pigs, someone who will have our best interests in mind.

>> No.18104305

>>18103325
You should have your fingers broken

>> No.18104311

>>18102929
Less employees mean less wages to pay equals more profit.

>> No.18104340

>>18102929
Maybe because the stimulus package that exceeds any other in history by 10 thousand percentage points negates its effects

>> No.18104353

>>18104299
literally just repeal the 17th amendment

>> No.18104369

>>18103529
Imagine basing the state of the union on the S&P500

>> No.18104395
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18104395

>>18102966

>> No.18104397

>>18104078
Because the control structures of modern western society are much subtler and more effective than the tradicional ones we usually associate with "control". People want to be part of the system, they defend system it, fetishise it, etc.
We are each other's jailers now.
Even then, Big Brother and his armies are still waiting in the wings for if/when subtle fails.

>> No.18104431

>>18102929
you have to buy from someone before you short it

inb4 i can just click sell
Im talking about real players not using some middleman platforms

>> No.18104443

>>18104078
>You work everyday from 9am to 5pm to get taxed and then your money inflated away by the Fed!!! you can’t win.
Imagine being a retard.

>Walks into a jailcell
>"THEY JAILED ME!!!! WHY IS THERE NOT A CIVIL WAR YET?! WE ARE NOT FREE, WE ARE LITERALLY IN A JAIL CELL!!!!!!"
Why don't you just NOT work 9-5 and instead start your own business? This shit's awesome and you should try it.

>> No.18104451

>>18103000
Witnessed.

>> No.18104454

>>18104078
Because for all the mental problems. most people have a physically good life compared to ye olden days

>> No.18104456

>>18104078
>>18104172
This is like neo being woken up

>> No.18104457

>>18104299
I’ve read the book. So what you just want to get ass raped the rest of your life ?

>> No.18104549

>>18104457
The only viable war is that of pen and spirit.

>> No.18104573

fuck em all
seriously fuck everything
I am going to hibernate with my VRA stacks and just play Xbox and coom nightly to /gif/

>> No.18104590

>>18103529
>Seething
Kinda gay when u think about it.

>> No.18104611

>>18104443
I do have my own business. Doesn’t mean I can’t understand most don’t and get taxed 25% on my income while purchasing power gets massively fucked. Think about that 1/4 of every dollar I have to give away to the government. Then capital gains?!! I take the risk and they profit off it with no risk at all? I don’t get to print money to buy off my debts!!!!!!!!!!

>> No.18104615 [DELETED] 

>>18104056
>satanic
Don't need a jewish moralism included to fight jews.

>> No.18104684
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18104684

I keep telling you faggots the kikes don't want the US to crash just yet.

>> No.18104694

>>18102929
PRICED IN

>> No.18104811

>>18102929
It actually makes a weird sense for the short term
Corps will be able to lay off tons of meme workers without penalty and at the expense of state
Consooming will be funded by state, they keep the profit
But the question is. Who and why is pushing such a massive agenda for a shut down. These big dawgs want it to crash. So it all may be a temporary relief.

>> No.18104828

>>18104611
A lot of people already agree with you
Why not just fight for abolishing the IRS and no income tax? What's the point in fighting a Civil War over policy differences? A civil war's a rebellion against the system, not over policy, policy's legislated. Retard

>> No.18104858

>>18103005
Destroying plebs for the benefit of elite gazzilionares will always be legal.

>> No.18104863

>>18103097
> 6 TRILLION
we have come the long way indeed kek

>> No.18104993

>>18103000

Agree. And checked. This will go down as the biggest bull trap in stock market history. We are headed to 10,000

>> No.18105017

>>18103005

Legal?

The CIA and Fed are the very definition of tyranny

>> No.18105037

>>18103097
It's almost as if the head of the elephant and that of the donkey came from the same body.

>> No.18105069
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18105069

>>18104078
You probably kneel for muh National Anthem
Blue Angels fly in dah sky like muh stonks
America
Alqyda Muslims
Military
Bomb stuff
Porno
Sports ball
Light beer

>> No.18105071
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18105071

>>18102929

>> No.18105077
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18105077

>>18104456
kek

>> No.18105094

>>18102929
Priced in nigga. You missed your opportunity on puts.

>> No.18105095

>>18105069
Fucking weirdo gtfo back to Africa.

>> No.18105111

>>18102929
Gov is about to Print 6 Trillion buckaroos, which means your dollar is about to massively decrease in value. To protect it's value, people are putting their cash anywhere they can put it including Stocks, because even if they decrease in the near future, after a few years or so, the economy will begin to recover, which means your stocks are probably going to rapidly increase in value, much more value then it would have had if you just kept the money

>> No.18105119

>>18103063
Tell us then.

>> No.18105178

>>18105071
Damn, that's a canary in a coal mine right there.

>> No.18105181

500k cases. Death toll rising. NYC epicenter. Business down. Supply chains fucked. Earning fucked. Unemployment ATH since the beginning of time. What the hell lol

>> No.18105193

>>18102929
Thats a man

>> No.18105381

>>18103325
There is a missing outcome here. Odds/evens is 50/50

>> No.18105453

>>18103097
The dems "800B" bailout, actually amounted to more than 16T dollars. So. You're dumb.

>> No.18105463

Are stocks even tied to companies anymore?

>> No.18105484

Because it's priced in how many times do we have to say it retards? We know shit's fucked, then what? Pack up your onionserino and cancel your puts you absolute doomer fuckers.

>> No.18105517

>>18102929
brrrrrrrrrrrrrrrrrrrrrrrrrrrrr

>> No.18105532

Everyone saying “priced in”, even though it has become a stupid fucking meme, is absolutely correct. This is the first time the markets are actually anticipating the worst and it’s is cushioning the blows.
Can’t say I’m happy about the crash, but the markets are actually working as intended for the time being.

>> No.18105684

>>18102988
>>18103005
As far as I'm aware they are buying institution's assets in order to give those institutions cash. However the institutions must either give the money back (i.e. it was lent to them) or the fed will keep the assets.
They don't just literally print dollars. Again, as far as I'm aware.

>> No.18105728

>>18103964
painfully true

>> No.18105745

>>18105381
The middle one is twice as likely as the other two.

>> No.18105801

>>18102966
lol looks like a fat finger buy on some no-volume IDEX shitcoin

just lol USA is so fucked

>> No.18105969
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18105969

Well? I’m starting to believe this fucking faggot might be right.

>> No.18106028

>>18102929
How do I save the value of my money? Buy gold?

>> No.18106050

>>18102929
All part of the plan. This is why we TOLD you to trust the fucking great plan. Trump will make sure that any disaster will be for the benefit of the great USA.

>> No.18106070

>>18106028
GLD calls are even better. Leap calls to be more specific.

>> No.18106410

>>18104078
bitcoin

>> No.18106457

>>18106410
I own 21 of them what more can I do

>> No.18106520

>>18106457
stop having a meltdown

>> No.18106551

>>18105969
I fucking wish it would hit 240. With how all out they're going we might be green every day until it's 300. Who the fuck knows.

>> No.18106554

>>18106520
Easy for you. I thought this was a bull trap and bought 30k in puts. So far I’m getting BTFO by the Fed.

>> No.18106574

>>18106551
Yep. I’m fucked. Should prob close my positions and go long. You can not beat the Fed. You just can’t.

>> No.18106585

>>18102929
Priced in already

>> No.18106616

>>18105453
which means by your logic then this stimulus will amount to, hmmm lets see.. 40 TRILLION DOLLARS

>> No.18106643

>>18102929
Stock market reacts more to interest rates and money printing than fundamentals

>> No.18106699
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18106699

>>18102941
fucking lol, as if we needed more evidence that the market is totally decoupled from reality at this point. 09 threw shit completely off the rails, but this is still surpassing that in terms of absurdity. I can't imagine what the future holds for the market in terms of microstructure issues because the rigging is real and for everything we see and know about there's probably 3 things they're doing behind the scenes to fuck the whole thing up even more.

>> No.18106702

>>18102929
>mfw not getting the $1200 because I wasn't in the US long enough to qualify as resident alien
aaaaaaaaaaaaaaaaaAAAAAAAAAAAAAAAAAAAaaaaaaaaaaaaaaaaaaaaaa

>> No.18106951

>>18102929
Cause it's all manipulated.

>> No.18107232

>>18105684
> Create Derivative of an asset
> repackage and add complexity, pass around. Bespoke tranche offerings for the patrician investment firm
> Sell Original asset to feds (now owned by the fed so it looks extra awesome!)
> rinse and repeat
Factor in QE infinity and it's infinite money until the system burns down.
>>18106574
I Only have tiny positions in play atm but I'm wondering the same thing.

>> No.18107250

>>18102929
News doesn't move stocks. Supply and demand moves stocks. How the fuck do you not get this yet?

>> No.18107287

>>18107250
Well, unemployed people don't buy stocks, they sell stocks. So expect a huge dump in the next months

>> No.18107292

Somehow ChainLink will be the final solution

>> No.18107485

>>18102929
They're buying back their own stocks.

>> No.18107524

>>18104549
Fuck off hippy

>> No.18107534

>>18107485
This is silent government nationalization of companies
USA is about to become a communist surveillance state.
run for the hills.

>> No.18107554

>>18107250
>Supply and demand moves stocks.
Buybacks, more demand created by the very companies themselves with the Fed.

Does this mean it'll crash way harder?

>> No.18107636

>>18103005
The Fed exists in a place where there are no laws. Not for them anyway.

>> No.18107758

>>18104456
kek

>> No.18107905

>>18103097
>{{{((()))}}}
You know you're fucking pathetic when you resort to fucking commie rhetoric in a weak play to stay relevant? I mean, you're scraping the bottom of the barrel, you beefsteak nazi you.

>> No.18107997

>>18107905
shut the fuck up faggot, no one cares

>> No.18108038

>>18105381
the second even outcome is priced in

>> No.18108068

because fuck you lmao

>> No.18108120

>>18103097
Because America is finished and they're just picking the bones

>> No.18108156

>>18107905
>I mean, you're scraping the bottom of the barrel, you beefsteak nazi you
Yikes, why don't you venture back to Plebbit, kind stranger!

>> No.18108184

>>18103005
>sjw

>> No.18108366

>>18103325
(((what other people will do)))

>> No.18108498
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18108498

>>18102966
weekly claims are a noisy series, so you should look at the 4 week moving average.

>> No.18108530

>>18104078
It’s still a comfortable life for anyone making 40k+ as a single adult. No one fucking cares they’re printing money until it starts affecting them. A majority of people aren’t affected by this at all outside of a few day to day changes and most are comfortably working from home still making money.

>> No.18108600

>>18102929
fed inject

>> No.18108633

>>18104078
I have a couple mortgages. Inflation good, money printer go brrrr haha

>> No.18108696

>>18103000
This post and the replies to this post make me touch myself

>> No.18108733

>>18102929
Your doing it wrong anon.
#1 rule is fade public sentiment.

Go over last night’s post throughout social media and forums. Everyone was expecting a bloodbath after the scheduled unemployment announcement.
Shorts was in place.

>> No.18108761

>>18102929
traders think corona will be over in a few weeks to a month, little do they know that quarantine measures to keep infection rates low enough to not overwhelm the medical system would keep everything shut down until as late as november of 2021

>> No.18109020

>>18103005
anti-semitic

>> No.18109149

>>18107905
>Why yes I am a stupid subversive kike who should kill himself, how did you know.
Die you fucking oven dodger

>> No.18109276

>>18104457
>I've read the book
Maybe, but you didn't understand it at all. You dumb nigger. You probably never listened in class and copied off your friends' homework.

>> No.18109290
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18109290

>>18103005
>thinking the stock market was fair to begin with, let alone the government
Anon...

>> No.18109329

>>18103000
But why?

>> No.18109465

>>18108498
Ok, so what does all this mean?

>> No.18109499

>>18109329
inertia

>> No.18109569

>>18109499
Wow real mak U tink :\

>> No.18109609

>>18105119
Nowhere near peak, US culturally disinclined to listen to reason, will not adequately social distance, thus increasing transmission rate irresponsibly. Malicious individuals who are known carriers will likely try to spread it as well, as generally US has a great deal of internal unrest. Hospitals will be overwhelmed and projections will be overshot.

Liable to be a massive shift in how work is done, telecommuting as opposed to physical presence. This will drastically alter known demand patterns for fuel/oil. This will continue to disrupt global supply chains of oil. Wells will get plugged and abandoned.

Q1 reports will be distorted in most sectors, due to availability issues (semiconductors), and demand spikes (retail, restaurant). This systemic shock will continue, countries that don't currently have large populations of known infected are fully capable of seeing a pandemic episode (think Taiwan). Q2 will be equally distorted, financial instability injected into every sector, hoarded supplies likely to be used from Q1-Q3. Q3 we could see another pandemic spike. Q4 totally in the air.

The US energy sector is hurting right now, coal shipments are down and miners are looking to lay off. Fracking can't be conducted economically with oil so low. NG and oil wells will be capped and abandoned until prices are capable of maintaining operators. With them the railroad will fall off. TX intermodal has fallen off a cliff and isn't due back for a month or two. Expect it to be similarly situated across the East and West Coasts. This is going to put pressure on banks, there are many support industries and independent contractors that service these industries - small businesses dependent on continued business. They're liable to default.

Corporate debt at record highs, many companies will have their bonds downgraded. Many companies will be bankrupt. Franchise holding companies are going to get raked over a fire. Jobs will dry up alongside them.

>> No.18109639
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18109639

>>18109329
Imho the big issue is credit. Everything we do nowadays revolves around debt, and the assumption that borrowers at the lowest levels (i.e., pleb wageslaves) will generally continue to (1) keep buying in on long-term financial instruments - such as mortgages, (2) keep consuming to keep money flowing, and (3) keep paying their debts.

The big question is whether this particular event, coronavirus, will prevent people from servicing their debt. If it's just a two-week or month-long hiccup, it's whatever, the federal government can essentially borrow/create additional money on wageslaves' behalf and either make them pay it back later or dilute the dollar (which is essentially just making them pay for the economic downturn in a way they don't understand)

If it's not, and the wageslaves lose their capacity to service debt, everything built on that debt starts to crumble. That's when you see the market right-size to what actually exists rather than the currently inflated prices that are created by leveraging wageslaves' debt.

The fed and government are currently doing everything humanly possible to steal as much money from the middle class to stop house of cards from falling over. The big bet is whether it will be enough.

I personally say absolutely not. Armageddon has been on the way for a while, this plague is just a sign. All bulls deserve death

>> No.18109660

>>18103005
Cool it with the anti-semitic remarks.

>> No.18109673

>>18104456
"stand back, he's gonna pop"

>> No.18109691

>circuit breakers when stocks fall
>no circuit breakers when stocks go up
hmm

>> No.18109729

>>18104078

Careful, that's the kind of talk that gets you the Count Dankula and Tommy Robinson treatment. You think your government is some impartial entity that will just let you be? No, a government is A GROUP OF PEOPLE. Nothing more, but much less. It's a group of people consisting of the most useless and petty assholes your society has on offer. They will use every made up power they have to ruin your life or even kill you if you piss them off.

We don't speak out because we live under threat. Go on, try it. I have. It didn't end well.

>> No.18109784

>>18103005
Is it true? Are the Jews really behind this? I mean not all of them right? Just some of them.

>> No.18109815

the sooner everybody realizes the stock market is completely fake and just another form of gambling, the better

>> No.18109899

>>18109639
I just wonder what the juggle of cash from the consumer market is going to look like. Picking between credit card payments, back rent, and bills against consumer goods and services. I wonder how much the stimulus anticipates, and if employment numbers are going to go back up to pre-CoV or if they're going to hesitate. All that government cheese is going into my rent, personally.

If things don't end well there's already a lot of companies that are overleveraged, and they've shit out junk bonds that are verging on downrating.

>> No.18109978

>>18103097
i agree with you anon, we need to stop these damn kikes

>> No.18110003
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18110003

>>18103240

>> No.18110023

>>18102988
So the Fed is USDT for the stock market?

>> No.18110042

>>18110003
Based, same thing that communists say.

>> No.18110172

>>18103048
in. in what?

>> No.18110182

>>18109276
>The only book he's able to mention is the one which has been explained to him in class

>> No.18110309
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18110309

>>18104078
>why do my eyes hurt?

>> No.18110344

>>18104078
don’t be so anti-semetic

>> No.18110350

>>18107524
I'm talking in terms of Sun Tzu stuff, not "Love not hate" stuff.

>> No.18110434
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18110434

>>18103240
and people tell me capitalism and communism aren't two sides of the same shitcoin

>> No.18110468
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18110468

>>18102929
No need for jobs when the Fed will keep buying your corporate debt, at a premium

>> No.18110544

>>18110468
The fed cannot infinitely buy things. Inflation of currency to purchase things can work if done modestly in the short term but it will cause huge economic problems if you splurge it for extended periods of time.

>> No.18110581
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18110581

>>18104299
>there are examples of new leaders just as bad as the old ones filling a power vacuum
>therefore, the overthrow of decadent elites should never happen

>> No.18110587

>>18103097
C'mon, surely you know politicians don't actually have any ideology or principles. It's unironically just a team game, specially in the US

>> No.18110624

>>18102929
Were entering a period where the stock market has nothing to do with the real economy anymore
It’s just the new casino now

>> No.18110628

>>18110544
I agree, never said it was sustainable

>> No.18110638

>>18110587
not only is it a team game, it's a small, barely significant team game within a larger team game in which they are actually on the same team.

>> No.18110644

>>18103240
that's why it's in brackets

>> No.18110689

>>18109329
The stimulus checks that are supposed to magically fix everything are going to evaporate on rent, necessities, and credit card debt in two days, generously a week. When the "huge gains and market recovery" never happen and everyone comes to the realization that nothing else can happen for political reasons (Trump can't go further to the left than he already has or his party will feed him to the Dems and if he goes further to the right his defeat in November will make Reagan Carter look like Bush Gore), everything is going to hit rock bottom.

>> No.18110733

>>18109729
I’m about to start. I swear to god I won’t let the fucking government steal anymore from my pockets or the pockets of my fellow man. You might not know it but you will see me one day. You won’t know it’s me as it might be 5-10-15-20 years down the road but I won’t forget this and I’m not going to let it go. I can’t believe the US people stand for this??!? Has everyone lost their god damn spine!!!!!!!!!

>> No.18110738

>>18102929

>How does this make sense?

It doesn't. Everything about economics is fake.

>> No.18111382

>>18104078
Americans are the perfect slaves. The type that will not only defend their own chains, but will lash out at anybody trying to harm their masters.

>> No.18111635

>>18110581
All people are selfish and greedy. Overthrowing the current selfish and greedy leadership to put a new one is just a whole lot of effort for nothing, even worse is that leaders who brandish the populist spiel of fighting for the people and against the oligarchy tend to be extra selfish and extra greedy.

>> No.18111737

>>18102929
Turns out non essential workers don't generate wealth. Who knew!

>> No.18111817

>>18111737
yup, wealth is only generated by grocery clerks and financial workers

>> No.18111992

>>18111635
Why do you believe these things? They all sound like baseless assertions to me.

>> No.18112029

>>18111635
>ALL PEOPLE ARE EQUALLY BAD!
Imagine actually believing this.

>> No.18112080

>>18103005
I hate it when people reply and say literally the exact same thing as another reply, fuck every single one of you and your YouTube tier comments

>> No.18112101

>>18111992
>They all sound like baseless assertions to me
People being selfish is one of the main pillars of capitalist theory.
>>18112029
>>ALL PEOPLE ARE EQUALLY BAD!
No, some are worse.

>> No.18112126

>>18112029
It's that same old story.
One person can be good, a large mob is terrible

>> No.18112160
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18112160

>>18102929
Because this is a Trump n' Dump

>> No.18112182

>>18112101
>People being selfish is one of the main pillars of capitalist theory.
Capitalism is inherently hateful, yes.

>No, some are worse.
That's just as pathetic.

>>18112126
That's also nonsense. Sometimes a large mob is good, sometimes some person is awful.

>> No.18112222

>>18103529
fuck the kikes and their
considering the well being of the country more significant than the DJIA

>> No.18112246

>>18109465
the entire service sector didnt shut down at any other point in history.

what is it you dont understand?

>> No.18112248

>>18110023
Yes

>> No.18112282

>>18112182
It's not about being hateful, it's about being realistic. It's the reason "true" communism has not and never will exist, it relies on people being selfless, which is just not human nature.

>> No.18112303
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18112303

>>18110544
>t will cause huge economic problems if you splurge it for extended periods of time.
What are long term consequences of infinite qe?

>> No.18112334

>>18104078

>You work everyday from 9am to 5pm to get taxed

Speak for yourself wagecuck

>> No.18112381

>>18112282
There is nothing realistic about thinking that 1: all people are selfish and greedy. 2: Nothing can be done about it.

>> No.18112385

>>18112101
>People being selfish is one of the main pillars of capitalist theory.
This is horribly insufficient to support your idea that all people are selfish and greedy, or that any overthrow of selfish and greedy leaders will necessarily lead to more selfish and greedy leaders. Or that populists are necessarily more selfish and greedy than oligarchs.

>> No.18112397

>>18103038
Are you retarded?

>> No.18112430

>>18112282
If we're being realistic, then it's also worth mentioning any system built on finite things like "growth" and "scarcity" inherently have an expiration date which results in total collapse.

>> No.18112457

>>18102955
Checked

>> No.18112500

>>18112385
>All leftism is inherently an ideologically rationalized gripe that there are people out there that have more stuff
>"This is horribly insufficient to support your idea that all people are selfish and greedy"

>> No.18112519

>>18112282
If anything attempting to build a functioning society that's totally and purely Capitalistic is more reliant on selfless ideas that, given total freedom to decide what they want to do with resources, people who hold the most resources will make economic decisions that lead to a functioning society, when we've seen time and time again that that's not true. It's part of why we don't really implement full academically pure capitalism, and most functioning societies lie along a sort of fluid gradient of economic systems, rather than being strictly one economic system.

The reason "true" communism doesn't exist isn't too dissimilar from why "true" capitalism doesn't exist. Government and societal norms are iterative. Leaping from one economic system to an academically and abstractly pure version of another economic system is unrealistic and involves throwing away functional systems alongside the nonfunctioning systems those pure ideologies intend to dismantle.

>> No.18112523

>>18103097
>thinking trump and neocons were anything but puppets on the right wing of the same bird
kek

>> No.18112531

>>18112500
>All leftism is inherently an ideologically rationalized gripe that there are people out there that have more stuff
Objectively wrong.

>"This is horribly insufficient to support your idea that all people are selfish and greedy"
It actually is even if you were right, which you are not.

>> No.18112547

>>18112385
Well, you can always look to history for plenty of examples.
>>18112430
What an utterly incoherent statement. Are you trying to say we're going to run out of non-renewable resources someday and then society will collapse? Because yes, we've known for ages that will eventually happen but it's still far off and it's kind of a whole other topic entirely.

>> No.18112582

>>18112547
>Well, you can always look to history for plenty of examples.
For what? Examples of all humans being greedy and selfish? Because, I can tell you right now, that never happened in history.

> Are you trying to say we're going to run out of non-renewable resources someday and then society will collapse?
No, what he's saying is that any society build around infinite growth will eventually collapse.

>> No.18112587
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18112587

>>18112101

>People being selfish is one of the main pillars of capitalist theory.

"People being selfish" is one of the main pillars of rationalization of capitalism. Capitalism wasn't planned, it just happened as a revolt against feudalism, which was experiencing a crisis in France and England when their respective revolutions brutally wounded the old aristocratic power structures. Markets and industry were growing in the towns, feudal estates were having to lease their land to capital owners because they were drowning and the new industrialists could manage the land better than the feudal lords and pay them more than their feudal tenants endlessly toiling at low levels of productivity, and as the power bloc of the capitalists grew they were increasingly well positioned to fill power vacuums during crises of the aristocracy.

Which is all to say the people who then created "theories" of the "justice" of capitalist ownership were rationalizing it relative to feudalism. They weren't building it, it already existed and it was growing. They were just patting each other on the back and telling each other stories about why they deserved to rule the world rather than the old regime. This delusional story telling has basically continued until today because most people need to feel like their domination is natural and just, although there are a handful of psychos who don't really care and embrace the conditions of their domination whatever they may be. But even the soft-hearted ones who put a lot of stock in those stories will become open tyrants when directly threatened, out of heightened fear and hatred of the people trying to tear them down.

>> No.18112608

>>18102929
The stock market is always ahead of the curve because there are speculators in it. There is no speculation in unemployment because even if a business could profit by pre-emptively firing employees before the economy halts, this would be highly impractical. The same is true on the other side. Over-hiring people expecting the economy to boom is much riskier than just buying some stocks.

>> No.18112616
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18112616

>>18104078
>>18104172
It's all just a game. If you want to enjoy the benefits of the system, you pay to play.
If you want to win, you need to be on top of the food chain or you need to opt out from playing at all. Everything was honked from the start.

>> No.18112626

>>18103240
lolbertarians all use the same lingo. its cute

>> No.18112677

>>18103325
this. speculative markets have their own speculative instruments in other speculative markets.
somehow I feel like the stock market is actually more abstracted from reality than bitcoin.

>> No.18112678

>>18112587
I mean, that's pretty much always been how it is. The successful will never actually be able to admit why they succeeded, and will instead make up stories to explain it. It was that way for the nobility, and it's that way for the current capitalist ruling class.

>> No.18112687
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18112687

>>18102929
>>18102966
Jeromed

https://fred.stlouisfed.org/graph/?g=gI4A

>> No.18112780

>>18112519
Adam Smith explained that there needed to be some amount of oversight from governments in order for capitalism to function optimally. Otherwise yes, if you let people run wild they will ruin the country to enrich themselves.
>>18112582
>Examples of all humans being greedy and selfish?
Examples of people electing a populist that turned out to be a million times worse than the oligarchs that were ruling before them. There's plenty of examples to go around.

>> No.18112784
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18112784

>>18102929

>NOOOOOO NOT MY JOBERINOOOS

This affects the trading of stocks how exactly? Stock prices are determined by supply and demand, they are hardly affected by earnings nowadays. Why does it matter you got fired from the McDonald's drive through?

>> No.18112792

>>18112282
True capitalism actually requires people to be selfless too. Actual capitalists hate the free market, once they get to the top they immediately try to subvert it, because a free market is only good when you're climbing up. Competition is bad for profits after all, always driving the prices down.
Which is why the government was supposed to have laws and regulatory agencies to offer oversight.

>> No.18112793
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18112793

>>18102929

this thread is full of good bear fantasy shit.. some of it is right some of it is wrong..

the real reason why we are rising is that pension fund managers are buying in mass quantities right now because of the cheap fucking prices + the feds are guaranteeing to buy any corporates bonds from companies on the dow..

once the start of April comes I could easily see markets test the lows..

>> No.18112825

>>18112780
>Examples of people electing a populist that turned out to be a million times worse than the oligarchs that were ruling before them.
Like? The only example I can think of is the obvious one. And, well, that one had more to do with the fact that besides being a populist he was also a raving lunatic that declared war on the entire world.

>> No.18112836

>>18103000
Don't give me hope :(
For that I'll think we'd have to see a million dead ameriburgers at the least.

>> No.18112866

>>18103000
Holy fuck them digits. Include me in the screen cap please

>> No.18112884

>>18104078
freelancing pmchads and cryptofags sidestep the fed question

>> No.18112887

>>18112825
It's funny that I'm not even sure which one are you referring to. Castro? Chavez? Hitler?

>> No.18112918

>>18102929
Companies got a bailout which their spending on buybacks while firing workers

>> No.18112925

Are fedniggers basically robbing future generations? Or are they saving rich people by taking from everyone via inflation?

>> No.18112928

>>18112887
Hitler, obviously.

The other two you mentioned had a regime that actually lasted longer than a decade.

>> No.18112957

>>18109691
There are for some individual stocks

>> No.18112961

>>18112928
I hope you are not implying that makes them good.

>> No.18112988

>>18112961
Better than Hitler, that much I can say for certain. And frankly, I do think Fidel Castro at least was a improvement over what was basically a USA puppet. Which is a ridiculously low bar to hit.

>> No.18113011

>>18112925
The modern economy is based on debt (aka taking and spending future money we don't have yet). Of course they're stealing from the future generations.
When future people fail to pay en masse for some reason (plague, war, natural disasters, pick your poison), they will get fucked.
They are also saving the rich by stealing from everyone else, but that's because those things aren't mutually exclusive.

>> No.18113093

>>18113011
All I wanted was to buy some cheap stonks...

>> No.18113104
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18113104

>>18112988

Castro was undeniably an improvement. The US establishment even lauded him initially. They only were repulsed by him when he started publicly invoking communism and aligning with the soviets, which really was more of a turn in his ideology. He wasn't as much of a Marxist as Che Guevara, he was more of a typical morally righteous populist guy who despised Batista for being a ruthless gangster. Castro was a heroic dude though, this guy fucked so hard his assassins were getting in bed with him.

>> No.18113151

>>18112381
Anon... it's more like
1. people are acting in their best interest (that extends to family)
2. not much can be done about it because biology and evolution

>> No.18113210

>>18103005
they published the balance sheet today. looks like they bought $1T (trillion) worth of assets just this week. i’m sure there will be no repercussions though.

>> No.18113249

>>18113151
>1. people are acting in their best interest (that extends to family)
That's nonsense because being selfish and greedy rarely actually accomplishes much.

>2. not much can be done about it because biology and evolution
That's not how biology or evolution works. At best, you could make the case that humans are prone to certain behaviors. But that behavior is never so simple, nor is it something that nothing can be done about. People in ancient societies managed to get it under control, and so could we if there was some actual pressure from society.

>> No.18113380

>>18112531
Objectively correct.
You see there are people with more than you. You want what they have.

It is LITERALLY that simple.

>> No.18113411

>>18113380
No, wrong. There are plenty of leftists who genuinely couldn't care less about how much property they own, they just think society is unjust and/or inefficient. Which it absolutely is.

>> No.18113430

>>18112678
>The successful will never actually be able to admit why they succeeded, and will instead make up stories to explain it.
and the unsuccessful will never actually be able to admit their inferiority and will instead make up stories to excuse their interior position.

So what?

>> No.18113442

>>18102929
Welcome to socialism!
In here, government IS what makes truth!
Objective truth based on scarcity and demand?
Naaaaaah, fuck that!

>> No.18113469

>>18113442

>Objective truth

Kek

>> No.18113519

>>18106616
braindamaged retard lmao

>> No.18113535

>>18113469
Well, call it fair value, then.
You think there isn't?
Then cogratulations! You are about to become a milionare with the rest of the people!
You ll understand tho, that when everyone is a milionare, no-one is.

>> No.18113560

>>18113442
>Objective truth based on scarcity and demand?
Oh
oh no no no no
>gaddafi 9/11 vietnam pearl harbor al qaeda isis credit scores new york 1975
AHAHAHAHAHAHAHAHA

>> No.18113568

>>18113104
He let his country become a Soviet satellite. No different than Bautista letting his country become a US satellite. The truth is that Cuba has never really been self-governing, even going back to when Spain controlled it.

>> No.18113580

>>18112780
>Adam Smith explained...
Who the fuck cares what Adam Smith said? Adam Smith is dead, he's nobody, he has no relevance to modern economics. People don't own property and exchange goods for services today because Adam Smith said it was ok.

Fedora tipping style appeals to authority where you cherry-pick statements from people you think hold holy status among your opponents don't work here. Let me put it to you this way;

More teenage communists have read "Das Kapital" than average practitioner of capitalism has read "On the Nature and Causes of the Wealth of Nations". Hopefully that demonstrates to you just how irrelevant Adam Smith's opinions are to the people you're arguing with here.

>> No.18113591

>>18113560
To be fair the basis to lose truth were created in 1913.

>> No.18113618

>>18113430
>and the unsuccessful will never actually be able to admit their inferiority and will instead make up stories to excuse their interior position.
Most people are neither unsuccessful or successful. They just weren't born with a golden spoon in their mouth.

>So what?
It's a lie. They are greedy assholes that don't deserve their money. You could simply shrug "well, guess that's how it is". Or you can try and reclaim their unjust wealth to redistribute it. Both are justified and understandable.

>> No.18113629

>>18105684
They are also buying shit debt that won't be repaid.

>> No.18113638

>>18103077
Ok literal boomer

>> No.18113641

>>18113568
I mean, considering both him and his government outlived the fall of the USSR. I would say he did pretty well for himself in the long run.

>> No.18113650

>>18113411
>There are plenty of leftists who genuinely couldn't care less about how much property they own, they just think society is unjust and/or inefficient
and the evidence they always point to justify these claims of injustice and inefficiencies are....
wait for it...
PEOPLE HAVING MORE STUFF THAN THEM

>> No.18113653

>>18112925
They are robbing from the future, from the havenots and from the other nations. Can't say I'd do anything different were I in that position.

>> No.18113672

>>18112029
History isn't enough proof?

>> No.18113687

>>18104299
Classic

>> No.18113709

>>18113618
>They are greedy assholes that don't deserve their money
and who does?
You?
Your junkie pals down at the squat?
Go fuck yourself.
You refuse to accept the fact that you're not the hot shit you think you are, and you don't deserve a god damned thing.

>> No.18113722

>>18113650
No. Just as often the argument is crimes committed in the name of maintaining that wealth. Or the general failings of society when it comes to dealing with issues.

I mean, honestly. This whole conversation is like trying to explain a robot about human emotions. It's circuits just can't comprehend that people have more reasons to believe in things besides simple material benefits.

>> No.18113818

>>18113672
It's not. If anything, history proves the exact opposite.

>>18113709
>and who does?
Well, for the most part I don't think anybody deserves to have that much money. One person simply can't accumulate that much wealth and power without being a utterly abhorrent parasitic sociopath.

>You?
Nah. I don't even need that much money. No clue what the fuck I would spend it on.

>You refuse to accept the fact that you're not the hot shit you think you are, and you don't deserve a god damned thing.
I think there is some serious projection going on here. I never said I was hot shit, nor do I think I deserve anything except what i work for.

>> No.18113830

>>18113722
> Just as often the argument is crimes committed in the name of maintaining that wealth
Crimes like....
The fact that poor people exist
That there are starving people
That people lack clean water
That people lack medical care
That people lack housing

All of which ultimately boil down to "We are poor, they are not, it isn't fair. We should have more."

Protip: Wanting more than what you have is called greed.

>> No.18113891

>>18113818
>Well, for the most part I don't think anybody deserves to have that much money. One person simply can't accumulate that much wealth and power without being a utterly abhorrent parasitic sociopath.

So what if they are?
It's none of my business and it's none of your business. Just because you think someone is offensive doesn't mean you have the right to rob them.

>I never said I was hot shit, nor do I think I deserve anything except what i work for.
Redistributing capital from capitalists isn't work.

>> No.18113893
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18113893

>>18113568

Almost inevitable unfortunately, given that Cuba is just an island nation. It existed in a multi-polar world and was within the sphere of American influence. I saw Castro was more of a lefty populist, but he was definitely a Marxist by the time of the revolution, so that obviously biased his allegiance to the soviets. But I still think that as an individual Castro was a heroic guy that was much more laudable than Batista and probably did more good for Cuba than Batista ever would have done. It is possible some kind of capitalistic government could have turned Cuba into more of a modern and affluent country, like Singapore or something, but judging by the region I can see why somebody like Castro was almost inevitable and why he would bet on the USSR over the USA, which any politically conscious Latin American was going to be suspicious of as a regional tyrant.

Of all the 20th century communist strongmen though I might put Castro below Tito. Tito was an even more adept statesman and was able to basically put Yugoslavia at the center of its own power bloc straddling the USSR and the USA. Of course, when he died Yugoslavia fell apart, but he was another turbo alpha revolutionary guy that singlehandedly held his whole country together and made it a global player. Cuba may still be under the communist party, but in a way more resembles the stubbornness and isolation of North Korea. It is much more open than North Korea, but unlike say Vietnam or something Cuba just refuses out of principle to concede an inch to the US. Fidel Castro was telling Obama to fuck off even as he took the time to try to thaw relations between Cuba and the US.

>> No.18113909

You guys really don't get it, it's so bad, so so bad, that the stock market will actually explode up in price during the coming depression. the dollar is about to lose it's status as a reserve currency and the FED's balance sheet is going to go from 4 trillion to 40 trillion in a very short amount of time as the literally buy up all the junk bonds for face value.
If you are smart you wouldn't be selling stocks but dumping your dollars into anything that could retain usefulness.

>> No.18113921

>>18113893

>I saw Castro was more of a lefty populist, but he was definitely a Marxist by the time of the revolution

I said*

>> No.18113925

>>18113535

>Implying I live in burgerstan
>Implying your gubmint isn't bailing out foreign investors like myself through quantitative easing

What a time to be alive. The American public can eat a dick as far as I'm concerned.

>> No.18113991

>>18112160
>6,000 is the mean
what did anon mean by this?

>> No.18114019
File: 498 KB, 1013x1500, MV5BNWFkMDY1MjItZmNkOS00MDg2LWFlMjMtZWU3YmM0MmY3MWM3XkEyXkFqcGdeQXVyMTkxNjUyNQ@@._V1_.jpg [View same] [iqdb] [saucenao] [google]
18114019

>>18108120
It really is the end huh? The chink century is actually here. Damn that's spooky

>> No.18114087

>>18102929
Essential services still running. Nonessential people sidelined. Its obvious that productivity will go up and waste will go down.

If anything we now know that waiters are completely worthless and the job retired. These people can go pick fruit in the fields with Jefe Juan.

>> No.18114104

>>18102929
>>18102966
it's the free market at work. Don't like it, go be unfree somewhere else.

>> No.18114108
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18114108

>>18103005
>>18103000
silly goys stop thinking so much and buy

>> No.18114115

What the fuck are people even doing here if they don't understand how it's possible that stocks can go up while jobless claims also go up? Do they just waste their time here?

>> No.18114128

>>18113830
>Crimes like....
Also crimes like mass murder, genocide, and theft.

>All of which ultimately boil down to "We are poor, they are not, it isn't fair. We should have more."
It comes down to "i'm dying, they are not. I want to have enough to survive". There is nothing wrong with not wanting to die. It's not greedy, it's not selfish, it's not harming society, and it's not a desire to have other peoples stuff.

>Wanting more than what you have is called greed.
No, wanting to have more than what you need is Greed. Not wanting to starve to death isn't greed, you weird little man.

>> No.18114201

>>18113891
>So what if they are?
You are completely justified to seize their wealth. You can choose not to do that, obviously. But there is nothing wrong with anybody who chooses to seize.

>Just because you think someone is offensive doesn't mean you have the right to rob them.
It's not robbery to take something back that was unjustly obtained in the first place.

>Redistributing capital from capitalists isn't work.
Well, that isn't my job either. I think money should be redistributed, but I don't believe it should go to me or anybody else I care about.

>> No.18114271

stop linking this you Brazilian CUNT

>> No.18114314
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18114314

the fed is gonna kill the dollar trying to keep the clown economy afloat, and hopefully, the world will start to wake the fuck up and stop using fucking mickey mouse money

the usa has lived for too long in the back of the rest of the world, its fucking pathetic that this system has endured so long

>> No.18114324

Wall street assumes that once the virus has passed everyone will get their jobs back and unemployment will drop back down to 2% or whatever it was

>> No.18114465

>America is a capitalists state
>Unlimited QE and le too big to fail maymay
How the fuck is this capitalistic?

>> No.18114502

>>18114465
It's capitalism for the poor and socialism for the rich.

>> No.18114511

>>18114115
>Bruh it is normal when mortgage bonds go up when the underlying mortgages are being defaulted on en masse

>> No.18114540

>>18114502
No memes, but what is this called? Corporate favouratism?

>> No.18114571

>>18114540
state capitalism

>> No.18114623

>>18113909
Nah deflation will happen

>> No.18114627

>>18103000
Checked

>> No.18114656
File: 665 KB, 1280x720, 1584130077074.png [View same] [iqdb] [saucenao] [google]
18114656

>>18103000

It wont you faggot.
The USA is 2 Weeks behind of Europe.
When all the dusk in terms of corona settled down those numbers are going to normalize.
Fking bobos still hoping for da crash.
You faggots dont realise, trumpbux will cause massive inflation in the US this means that the 2 Trillion dollaroos just made the stock market utterly undervalued af. And by undervalued i mean its literally shitworth right now because money is inflated vs same amount of stonks. Think about it. Double the price of every stock today is the right price in terms of dollar

>> No.18114658

>>18114540
It should be illegal. Capitalism needs a free market. QE should be illegal and so should bail-outs.

>> No.18114664

>>18114540
corpocracy.

>> No.18114710

>>18114658
USA hasn't been truely capitalist and hasn't had a free market for decades.

>> No.18114719

>>18102929
It actually doesn't make sense to dump it until more people are in it as a percentage of total population. If only 20% of americans get anything out of a pump here, why not pump it and make the 80% jealous?
Then the jealous/jobless can fomo into stocks at when the DJIA is at 50k and jobs start returning.

>> No.18114726

>>18114658
This is kind of inevitable though in capitalism. The people at the top will always try to make the market less free for their own sake.

>> No.18114760

>>18114710
This is not a good thing. It allowed banks to get away with illegal shit during the 08 crisis and now it sends a message that, as a company, you dont need to have enough cash reserves to survive a crisis of at least 6 months. You can just rely on the government. Not to mention the opportunities it would create for others to start new businesses when the others fail.

Every system needs a good wipe once in a while to keep fresh.

>> No.18114776

>>18114760
>Every system needs a good wipe once in a while to keep fresh.
Sounds nice in theory, but I doubt you would like it if it went into practice.

>> No.18114791

>>18114726
I understand that, but that is why we should have laws that make corporations just big enough to keep competitive and achieve economies of scale, but limit them enough for them to not attain monopolies or have them become so big that the system depends on them. In this way you can keep them in a state of perpetual heavy competition for every bit of profit.

>> No.18114817

>>18109609
thank you

>> No.18114820

>>18114776
Like I said, companies are free to build up cash reserves and diversify in a capitalistic system to survive crashes. However, they will be responsible for once for their own actions. Over time, with each crash, it will make business and people more responsible and less dependent on debt.

>> No.18114829

>>18114791
I personally think it would be better to change the way corporations are run. But I don't think that's a inherently bad idea as long as you make sure that corporations are unable to affect politics. Otherwise, you're kind of just delaying the inevitable.

>> No.18114844

just wanted to point out that I'm a brainlet and don't give a fuck about what any of you are talking about lol, i just come here for the pink wojaks

>> No.18114874

>>18114829
>But I don't think that's a inherently bad idea as long as you make sure that corporations are unable to affect politics.
This, lobbying on a mass scale by corporations should be forbidden. However, corporations should still be able to talk about their interests otherwise it would not be democratic. Hard to find an answer for.

>> No.18114895

>>18114465
i fail to see how that is incongruous with a profit-motive system

>> No.18114919

>>18102966
Wait until that's priced in.

>> No.18114933
File: 71 KB, 1200x630, honk.jpg [View same] [iqdb] [saucenao] [google]
18114933

>>18102929
You're thinking about it all wrong, anon

>> No.18114970

>>18113641
>both him and his government outlived the fall of the USSR
Depends how you define outlive. Sure, Cuba is still standing, but did you forget the massive food shortages that happened in the 90's after Papa USSR fell? That's when you had makeshift rafts heading towards the US. Cubans who left in the 60's were escaping the rise of communism. Cubans who left in the 90's were escaping the failings of communism. The truth is that it has never been the same since and it relied far too heavily on Soviet dependance.
>inb4 muh embargo

>>18113893
Christ, it's like I'm talking to myself back in college. Tito was just as big of a conman as Castro, except he knew how to play it down the middle with Americans and Soviets. Seriously, go talk to any Serb, Bosnian, or Albanian who was alive during that time. Market socialism, as interesting as it sounds, led to textile and food shortages (albeit not to the extent that was seen in Cuba). The only thing he does get credit for is how his totalitarianism glued the different ethnic groups together, cheated the Americans during the space race by selling bullshit plans along with some yugoslav scientists (for an small loan of a gorillion dollars), and of course most notably probably being the man behind Stalin and JFK's deaths.

>> No.18114982

>>18114895
A profit-motive system and the free market in general prescribes that entitities are responsible for their own survival. It is one of the big incentives to make a profit in the first place, certainly for MSE.

>> No.18114990

>>18114820
And cause massive unemployment? That's the one thing I can't get behind libertarians on. The government has to enact protectionist measures to ensure the populace has their livelihood safeguarded, all the way up from the top to the bottom of the corporate ladder.

>> No.18115045

>>18114874
It's one of those annoying "You have to find a balance" situations. Both extremes being equally dangerous to a democratic system.

>> No.18115086

>>18114990
>And cause massive unemployment?
Once again, companies are free to build up cash reserves and diversify in a capitalistic system to survive crashes. I personally dont hire an FTE until I can pay that persons salary with operational cash flow for at least three months.

Also, what do you think happens after a crash such as this? Economic revival, after 1,5 years most of the "massive unemployment" will be back to work. Only with reshuffeld roles.

>The government has to enact protectionist measures to ensure the populace has their livelihood safeguarded
They can do this with welfare capitalistic measures. I am not a libertarian btw, but mostly a classic liberal with a preference for single player health care.

>> No.18115105

>>18115045
One thing is for sure, the current situation is not good from a capitalistic stance.

>> No.18115129

>>18115045
>>18115086
Oh an with classic liberal I mean the European version of classic liberal, not the American one.

>> No.18115159

>>18114970
>Depends how you define outlive.
I mean, it's never done particularly well. But it's government is still standing against all odds.

>The truth is that it has never been the same since and it relied far too heavily on Soviet dependance.
Fair enough.

>inb4 muh embargo
I mean, that certainly didn't help any.

>Market socialism, as interesting as it sounds, led to textile and food shortages
Was Yugoslavia really a market socialism country though? I personally think democratic worker run corporations are the only way to have a just and meritocratic market based system. So, this is not good news for me.

>> No.18115192

>>18115105
It's not good for, well, basically anybody expect the rich. And even then, mostly the ultra rich.

>>18115129
I honestly don't even know what exactly american liberalism means. It's such a vague and poorly defined ideology.

>> No.18115233

>>18115086
>companies are free to build up cash reserves and diversify in a capitalistic system to survive crashes
I'm with you there, but how many crashes do you think it will take for them to get their shit together and learn the hard way for their errors? Of all professions, CEO's (and the majority of finance guys) are the most adrenaline seeking sociopaths that walk among us. These people only think in terms of the present and do not consider rammifications for any future problems that may come to others. We saw this in 2008 and we're seeing it again right now. I just don't like the idea of fucking with the working and middle class since they make up the backbone for these shady cunts.

>> No.18115281

>>18115233
>Of all professions, CEO's (and the majority of finance guys) are the most adrenaline seeking sociopaths that walk among us.
Why though? Like, I honestly do wonder about this sometimes. What is it about the position of CEO, or a job in finance in general, that attracts sociopaths like a bear to honey? Call me a hopeless idealist so naive I still believe Santa exists, but there has to be some kind of way to prevent the corporate elite from being dominated by thrill seeking sociopaths.

>> No.18115316

>>18115233
>but how many crashes do you think it will take for them to get their shit together and learn the hard way for their errors?
Dont know, we got to bite the bullit some day, might as well be this crash as this is the one of which firms could recover more easily from than the one in 08.

>Of all professions, CEO's (and the majority of finance guys) are the most adrenaline seeking sociopaths that walk among us.
With companies returning to a more responsible path, these people will be either forced to work a more responsible way or get socially outcasted. Many of them are useless and I would know as a CEO of company I build myself. They then would be on the streets or in a profession more related to their personality.

>> No.18115324

>>18102929
They gave printerbucks money to bankerz to buy them ?

>> No.18115335

>>18115281
>What is it about the position of CEO, or a job in finance in general, that attracts sociopaths like a bear to honey?
Ego, power and money accumulate there. Not to mention that coporate live is pretty easy for those with good social skills. Research shows that those who get promoted are usually those who spend the most time with the boss; socializing. Not working.

>> No.18115351

>>18103005
They're giving money to their owners to buy stocks. Never let a crisis go to waste.

>> No.18115359

>>18103005
COOL IT WITH THE ANTI-SEMITISM

>> No.18115361

>>18115316
>They then would be on the streets or in a profession more related to their personality.
Like organized criminals, executioners, or Soldiers for a fascist dictatorship.

>> No.18115378

>>18103097
Obama's stimulus was 13 trillion douche.

>> No.18115381

So should I just save my 1.2k check from the government to go towards the massive tax hike that it will take to pay for all this?

>> No.18115420

>>18104013
Now we sound like communists.

>> No.18115435

>>18104078
You can buy fucking bitcoin. If you started in 09 you should be a millionaire by now even if you invested 10$ a month.

>> No.18115441

>>18115361
Probably, but not our concern anymore.

>> No.18115444

>>18115335
>Research shows that those who get promoted are usually those who spend the most time with the boss; socializing. Not working.
That really needs to end. Any kind of hierarchy that is based not upon a meritocracy but upon corruption and nepotism is doomed to fail.

>> No.18115453

>>18115435
Where’s my fucking time machine

>> No.18115454
File: 43 KB, 720x720, bateman.jpg [View same] [iqdb] [saucenao] [google]
18115454

>>18115281
This is deviating from economics and more towards behavioral psychology, but the alpha brain is extremely impulsive and only thinks in the short term. I'm too lazy to cite the countless research studies that prove this, but by now you should already know that yuppie culture is about me, me, me, and fuck the enemy. It rewards Machivellian tactics because of how the system is propped up to reward those who chase the dollar at any cost necessary, even if it means fucking over someone else (or the health and livelihood of millions) in the process. Altruism doesn't do you any favors in finance or politics. Being a backstabbing bullshitter that doesn't care about your fellow man is what gets you to the top, even if it ends up in situations like Enron, the housing market crash, and hormone altering chemicals and carcinogenic contents polluting the water supply.

>> No.18115457

>Liquidity crisis

They need to pump it, so they can dump it. Can't dump what is already dumped.

>> No.18115461

>>18115381
no spend it all and be broke and you will be taken care of. its when you try to save they will rape you

>> No.18115486

>>18104431
You rent it from someone, sell it and then rebuy it when it's time to return it. That's a traditional short sell.

>> No.18115492

>>18115457
this, one last big pump before we get the big red

>> No.18115517

>>18115454
>Altruism doesn't do you any favors in finance or politics.
I do honestly feel that kind of depends upon the system. Not to sound too Machiavelli, but I do believe that once upon a time being strict but fair really was the best way to make it in life. Most successful leaders didn't become that way just by being murderous assholes.

>> No.18115525

>>18104863
Not even remotely the QE1 to 4 was 5T

https://www.cnbc.com/2017/11/24/the-fed-launched-qe-nine-years-ago--these-four-charts-show-its-impact.html

>> No.18115529
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18115529

>>18115461

>> No.18115551

>>18104611
Actually though, some debts are tax deductable.

>> No.18115572

>>18115444
Sure, but that's how it is from the moment they are children. Go to any New England prep community to find pampered children that despite having more of an attachment to their nannies than their own parents; are already guaranteed a position in their parent's company and an Ivy league school because of who their father's know. Of course, you get coke addicted alcoholic burnouts from this who then "reform" themselves to a somewhat functioning level so they can continue the process.

>> No.18115583

>>18115517
>Most successful leaders didn't become that way just by being murderous assholes.
They were smart enough to get others to do the murdering for them.

>> No.18115617

>>18114623
i thought that as well but not at this rate

>> No.18115622

>>18115517
>Most successful leaders didn't become that way just by being murderous assholes.
If you actually read Machiavelli you know this isn't true. However, the murderious asshole had to also have a fair side instead of only being a maniac.

>> No.18115648

>>18106699
lol... so little understanding.

It's not decoupled from shit. It crashed while in the hands of mom and pop and it's being bought up with public money by bankers. Greatest wealth transfer in the history of man, since the last one in 09.

>> No.18115696

>>18115622
That's what I mean with "Just". You need to be ruthless to make it in politics, but you also need to have a fair side and a general level of competence. While nowadays, pretty much all that remains is just being a massive asshole.

>> No.18115715

>>18109639
Finaly someone who doesn't have his head up his fucking ass. The derivates market is 100% wageslave debt powered and it's 1.2 quadrillion dollars.

These 5 to 10 trillions are like 3 days worth.

>> No.18115717

>>18115572
I guess the only way to guarantee any sort of meritocracy is to either have a ritualistic purge of the ruling class. Or simply wipe out the concept of family altogether.

>> No.18115854

>>18113151
People are acting on what they think it's they best interest. If there's one thing Game Theory ever accomplished is showing that people are out of touch with reality and "act in their own self interest" by shooting themselves in the foot most of the time.

>> No.18115963

>>18114791
Too bad the people at the top made up a philosophy that says they are right about everything and that the government and regulations are literally evil and we should just trust enlightened self-interest and the free market.

>> No.18115978

>>18115963
I'm honestly not even mad that happened. I'm more shocked that people like Reagan gave those people a presence in politics.

>> No.18116005

>>18115717
Do that and you're left with a power vacuum only to be refilled again by something similar or worse.

>> No.18116027

>>18115963
>just trust enlightened self-interest and the free market.
This I dont oppose if you see my previous post. The situation we are in now is because the regulations are unfairly skewed and undermine the free market in favour of a select few.

>> No.18116029

>>18114820
>build up cash reserves
>capitalism
Spending money gets you workers, marketing, services, etc.
Spending money makes you more competitive. The money you're saving could be used to help you sell more, so why would you save up money?
And if fail, just ask the government for gibs.
It's not just the poor who live from paycheck to paycheck, in all levels of the economy there's a lot of incentive to spend spend spend.

>> No.18116038

>>18116005
That's why I said ritualistically. If one ruling class is going to replace the previous one, might as well do it in a way that at least makes sure the new one won't start off as bad as the last and then repeat that every few years.

>> No.18116063

>>18114128
>Also crimes like mass murder, genocide, and theft.
You mean the ones overwhelmingly committed by leftist regimes? Fascism, socialism, and communism killed more people in the twentieth century than capitalism could ever dream of.
>It comes down to "i'm dying, they are not. I want to have enough to survive". There is nothing wrong with not wanting to die. It's not greedy, it's not selfish, it's not harming society, and it's not a desire to have other peoples stuff.
You're dying of kidney failure. Someone else has two healthy kidneys and is compatible with you, but does not want to undergo surgery. Are you justified to forcibly sedate him and steal his organs?
>No, wanting to have more than what you need is Greed. Not wanting to starve to death isn't greed, you weird little man.
If we based our society off of what we "needed", we would still be nothing more than primitive apes living in the jungle, with our most advanced technology being sharp rocks to bludgeon animals with. If we only got what we "needed", we would be put into a coma at birth, fed an IV drip to give us the bare amount of nutrition necessary to stay alive, and have semen extracted from us to breed. As animals, which are carbon-based machines, that's all we "need" - to survive and reproduce. But guess why we have civilization. Why we have monuments, scientists,art, music, theater, industry, invention, song, painting, cities, electricity, why we landed men on the moon. We didn't "need" to land on the moon, we didn't "need" to create great temples or opera houses, we didn't "need" to create laundry machines and trains and air conditioning. We did it because we have ambitions, dreams, the drive to improve. That's what makes us human. If you can't even understand that the "want to have more than you need" is the very thing that makes us human, then you're a fucking disgusting animal and any civilized society would send you where you deserve : the bottom of the ocean.

>> No.18116067

>>18116029
>And if fail, just ask the government for gibs.
This is exactly the problem that I was describing.

>so why would you save up money?
Because there are different cash related problems if you dont. Ever heard of cash out date? Most companies reserve money for expansion under investing cashflow.

>> No.18116107

>>18116038
And who leads the purge? Anon, no matter what, there is always someone at the top calling the shots. This is how it always has been in every community of all ideologies and sizes. Even anarchists and communalists have leaders too.

>> No.18116128

>>18116038
It doesnt need genocide. Just some strategic adjustments in the system that I pointed out earlier. What you are proposing is revolution and you dont happen to be a red now do you?

>> No.18116247

>>18116063
>You mean the ones overwhelmingly committed by leftist regimes?
>This myth again.

>Fascism, socialism, and communism killed more people in the twentieth century than capitalism could ever dream of.
Capitalism killed more people in total. So, whatever.

>You're dying of kidney failure. Someone else has two healthy kidneys and is compatible with you, but does not want to undergo surgery. Are you justified to forcibly sedate him and steal his organs?
That's a stupid argument for a wide variety of reasons. Surgery can be dangerous, giving away a small portion of your fortune to make sure somebody does not die is not.

>all of that nonsense.
People don't improve society just because of greed. It can be a reason, but there are countless others just as powerful and with a far less negative connotation.

Also, I think you might be getting a bit off track. What kind of point are you even trying to make at this point.

>> No.18116315

>>18116107
>And who leads the purge?
I guess you would need some kind of test to determine if the ruling class is still competent enough.

>Anon, no matter what, there is always someone at the top calling the shots.
That's literally what I said.

>>18116128
I don't think it needs to be genocide. Just determine if the current upper class is still meritocratic enough to perform their duties, and strip them of their wealth and power if they fail. People relying solely on nepotism would be removed that way.

>> No.18116688

>>18116247
>Capitalism killed more people in total. So, whatever.
Prove it. No, seriously, prove that capitalism killed more people in the twentieth century than leftist ideologies like fascism, socialism, communism, etc. I'd love to see any actual evidence of this claim.
>That's a stupid argument for a wide variety of reasons. Surgery can be dangerous, giving away a small portion of your fortune to make sure somebody does not die is not.
Wrong. The second you justify taking something that's not yours, because you need it, the proverbial line has been crossed. Saying that "surgery is dangerous" is a cop-out that allows you to dodge the moral issue. Consider a hypothetical scenario in which surgical technology has advanced so that there is a zero percent risk of danger directly caused by the surgery. Would it be justified then? No. Why? Because a man (or woman)'s own body is his/her property, and whatever he owns is his property too, and thus inviolable unless he tries to damage or steal another person's property. If you disagree with me, you are justifying slavery, rape, theft, and murder.
>People don't improve society just because of greed. It can be a reason, but there are countless others just as powerful and with a far less negative connotation.
I JUST TOLD YOU it's not greed, it's ambition, innovation, creativity, the drive for self-expression. This INHERENTLY INVOLVES having more than you "need". Do you "need" to have air conditioning? Electricity? A car? Internet? No. However, you implied that having more than you need is somehow greed, and negative, which is insane. There's nothing wrong with having more than you need, that's not greed. Real greed is wanting what belongs to other people, you deranged leftist thief.
As an aside...
>>18116315
>I guess you would need some kind of test to determine if the ruling class is still competent enough.
Who administers and decides the content of the test?

>> No.18116972

>>18116688
>No, seriously, prove that capitalism killed more people in the twentieth century than leftist ideologies like fascism, socialism, communism, etc.
I never said in the twentieth century. But over its total lifetime, capitalism absolutely killed more than socialism.

Also, fascism is not leftists. Don't know if you're aware, but Hitler REALLY hated leftists.

>The second you justify taking something that's not yours, because you need it, the proverbial line has been crossed.
>Slippery slope fallacy.
Ugh...

>Saying that "surgery is dangerous" is a cop-out that allows you to dodge the moral issue.
It's not.

>Consider a hypothetical scenario in which surgical technology has advanced so that there is a zero percent risk of danger directly caused by the surgery. Would it be justified then?
Yes. But only if that person is then given a kidney later when it becomes available.

>If you disagree with me, you are justifying slavery, rape, theft, and murder.
Slavery, rape, theft, and murders are very rarely committed for the sake of survival.

>I JUST TOLD YOU it's not greed
Using caplock is not going to make you any more right. What you are describing is greed. You can argue that it's greed done for the betterment of mankind, but it's still greed.

>This INHERENTLY INVOLVES having more than you "need".
No. A lot of innovation is born out of a need, not a want.

>Do you "need" to have air conditioning? Electricity? A car? Internet?
There are actually times when all of those things can mean the difference between life or death.

>No. However, you implied that having more than you need is somehow greed, and negative,
Fun fact. I actually never implied it was negative. The closest I got was saying it has a "negative connotation".

>There's nothing wrong with having more than you need, that's not greed
It is greed. And it is bad if other people would live if you had less.

>Real greed is wanting what belongs to other people
Capitalists already do that.

>> No.18116990

>>18116688
>Who administers and decides the content of the test?
Me, and a large group of other like minded people trying to create a just and fair meritocratic system. Would still need democratic approval though.

>> No.18117069

>>18104443
DUDE JUST START YOUR OWN BUSINESS BRO

>> No.18117305

>>18116972
>I never said in the twentieth century. But over its total lifetime, capitalism absolutely killed more than socialism.
So you're admitting that leftist ideologies killed more than rightist ideologies in the same time? Also, if you admit that you have to count literal millenia of non-leftist killings to be equal to just a century of leftist killling, you're basically admitting that leftism is more deadly than capitalism ever could be. Still haven't proven that capitalism killed more btw.
>Also, fascism is not leftists. Don't know if you're aware, but Hitler REALLY hated leftists.
This is a ridiculous argument. Hitler hated the Strasserites because they were a rival branch of leftism. Fascism is just an offshoot branch of Marxist socialism. Claiming that certain types of leftists were oppressed by Hitler, so Hitler cannot be leftist, is like saying that Stalin wasn't a leftist either because he oppressed the Trotskyists. Inter-leftist infighting does not equal anti-leftism.
>Slippery slope fallacy
Fallacy fallacy, just because something's argued using a fallacy doesn't mean it's inherently wrong as an idea.
>Consider a hypothetical scenario in which surgical technology has advanced so that there is a zero percent risk of danger directly caused by the surgery. Would it be justified then?
>Yes.
Ahh yes, assaulting someone without their consent and using their body as you want is fine because it benefits you, personally. This is the logic of a rapist, anon. I just want you to think about that, reflect on it a little bit. You would assault, subdue, and kidnap an innocent human being for your own self-interest. How are you any different from the oligarchs you so despise, or even a random serial killer on the street?