/biz/ - Business & Finance

[Anonymous No.49737205]

If you only knew how bad things really are

[Anonymous No.49737215]

>>49737205
Debtmaxxing is smart but what they don't tell is you don't pay it back

[Anonymous No.49737243]

>>49737205
Savings in cash would result in a lot of lost value in an inflationary environment.
Also if everyone stops spending then instead of inflation you get the great depression.

[Anonymous No.49737256]

>>49737215
What?

[Anonymous No.49737270]

>>49737215
Elaborate fine sir. I want to get into debtmaxxing.

[Anonymous No.49737292]

>>49737243
So what do these fuckers what something in the middle? Im not spending shit .

[Anonymous No.49737519]

>>49737243
Thanks for the obvious but there do be kids that don't know this

[Anonymous No.49737828]

>>49737256
>>49737270
basically, you INTENTIONALY don't pay it back,

you seek a loan, and you run away with it and never pay back the lender, its all up to you on how to worm your way out so you wont get caught

[Anonymous No.49737877]

>>49737243
>Savings in cash would result in a lot of lost value in an inflationary environment.
but if you buy shit you don't need instead of saving to buy an house, or land, aren't you just burning your value in irrelevant things, i know, people will argue that buying a new tv every year is not burning money, but i have the same TV until it blows up and i just keep the money the other person spent on 10 tv's, besides you can just put your money into bonds or safe stocks like utilities and it's pretty much inflation safe

[Anonymous No.49738058]

>>49737270
>>49737828
Ever wondered why Caesar invaded Gaul?
It was literally just because he was so deep in debt that the second he left office (and lost his sacrosanctum) he was a dead man
He needed a pro-consulship for the immediate protection from his debtors and some foreign lands to conquer and plunder enough booty to pay his loans back

[Anonymous No.49738336]

>>49737243
We're about to destroy inflation by slashing demand through making everyone dramatically poorer. However the USD didn't inflate as much as every other important currency, so consumer imports should become affordable again when the dust settles and we're in the boring tail part of a recession.

[Anonymous No.49739419]

>>49737243
>noooo nooooo you need to spend your money!!!
haha, you first

[Anonymous No.49739445]

>>49737243

You are right but unfortunatly we have created a society where you have to save all your money because if you don't you will never retire and you will be cucked by rent forever. The consumer will catch on to this at some point and it will be a real shit-show.

[Anonymous No.49739446]

>>49737205
What's the point of saving continously devaluating pieces of paper, you retarded kike?

[Anonymous No.49739472]

>>49738058
In other words, debtmaxxing leads to greatness.
Hitler also debtmaxxed and had to conquer Europe to prevent his economy from collapsing.
Revolutionary/Napoleonic France did the same thing.

[Anonymous No.49739473]

Does anyone have the version of this graph with gen z on it?

[Anonymous No.49739580]

>>49739473
That graph makes no sense, what the fuck are they even trying to plot

[Anonymous No.49739596]

>>49739580
Share of national wealth owned by each generation, by median cohort age.

[Anonymous No.49739616]

>>49737292
Invest 80% of ur salary in the SE and spend the rest entirely. U can always take on credit for a quick cash flow (if u really need cash) u return with next month paystub.

[Anonymous No.49739632]

>>49739473
Gen Z is on it anon. Don't you see it? It's the black line at the bottom.

[Anonymous No.49739646]

>>49739580
liquidate all your assets immediately

[Anonymous No.49739937]

>>49739580
>>49739596
It doesn't make much sense because the Greatest Generation isn't visible, and people over 65 aren't on it
It's a small, focused part of a larger graph

[Anonymous No.49739999]

>>49739937
The point that is clearly being made is that gen z owns fucking nothing compared to any of their recent enough to be relevant ancestors.
Do you have some sort of argument against that or no?

[Anonymous No.49740072]

I due to a unique circumstance only have to pay a little over a hundred dollars rent and are banking a fair amount in savings.
Gen-X family members are OBSSESSED with convincing me to go into a lifetime of debt to pay a mortgage MORE then the rent i am paying now because
>"Well in 40 years when you work it off you will own it!"

Imagine being shackled to this shit for 40 years lmao
Debt is a sin.

[Anonymous No.49740858]

>>49739472
Hitler failed, Nappy failed, tye french revolution failed, Caesar got stabbed to death

[Anonymous No.49741051]

>>49737215
Debt is for the goy. Profiting off the debtor goy is better.