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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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55761079 No.55761079 [Reply] [Original]

So, the economy is "good" because the stock market is doing amazing, and these companies are making more money than ever, reaching new all time highs and the s&p500 is getting back to its ath.

Yet, food and housing is fucked, a shitty apartment is $2k a month (good luck getting a home) and a mcdonalds meal costs like $15... the average new car is $48,008 as well. A can of tomato soup is $2.49 and a jar of peanut butter is $8

Student loan payments are about to resume and there's no way any of these people have budgeted that in after they have been frozen since covid.

To be frank, are we fucked?

>> No.55761163
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55761163

no anon
YOU'RE fucked
YOU'RE up shit creek, son

>> No.55761196

>>55761079
I'm getting neetbux from the state and making bank on shitcoins. Life's good fren. Join me or you are NGMI

>> No.55761204

>>55761196
Based neet I want to do this, what are your recent holds? You in Delrey?

>> No.55761244
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55761244

>>55761204
learn how to fib like sperg
picrel
my balls are quaking

>> No.55761256
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55761256

>>55761204
Unironically got a full Delrey bag but I think that one might take a bit to take off.
My biggest hope for today is picture related, and my xcom moonbag

>> No.55761265

>>55761079
Real estate will crash in the next 10-20 years when boomers die and zoomers are unable to fix and maintain the property. Expect mass sell offs. This is the plan because they literally want you to own nothing so they'll make real estate essentially worthless so everyone will think renting is better.

>> No.55761283

>>55761079
I'll tell you a story. I was fresh out of college and there weren't any good jobs thanks to the financial crisis. While I college I saved some money from jobs and a small business I had and put it all into stocks. I was pretty lucky getting a job fitting my degree. At the end of the year I looked at my income.
>money from my job working about 45/h week
>money from doing nothing in my stock portfolio
I made more that year from stocks despite the real economy shitting itself. And that's when I realized: if you can't beat them join them. I cut down my costs and invested more money in my portfolio. Now I don't need to work anymore

>> No.55761286

>>55761244
Checked and kekd based 618 watchoor
>>55761256
Hmm I'll need to check out that one. Yeah tho I think Delrey is long-term. It's pretty bottomed out but maybe musk is on board kinda

>> No.55761320

>>55761204
>>55761244
>>55761196
>>55761256
You losers can stay out of my thread, this is for real discussion, not for shitcoins and neets.

>> No.55761323

>>55761079
> companies stock goes up b/c it's making more money
> your life is getting worse
well I wonder if there's any linkage?

>> No.55761364
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55761364

>>55761320
Stay jelly of the neet-shitcoin kings, loser

>> No.55761395

>>55761364
I make more a day than you make in shitcoins in a year pajeet. Get a job.

>> No.55761527
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55761527

>>55761395
Sure anon, you're a total gigachad who's 6'4, has a 9" cock and makes seven figures per year, but for some reason you hang out on 4Chan with a bunch of neets

>> No.55761551
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55761551

>>55761079
>Yet, food and housing is fucked, a shitty apartment is $2k a month (good luck getting a home) and a mcdonalds meal costs like $15... the average new car is $48,008 as well. A can of tomato soup is $2.49 and a jar of peanut butter is $8

All the result of state interventionism and government policies.

>> No.55761558

>>55761079
>Student loan payments are about to resume and there's no way any of these people have budgeted that in after they have been frozen since covid.
You have no idea how much money is out there. Normies have shit tons of money (which is why inflation is so high and everything costs a crazy amount now) The government knows it and they're trying to claw it back