/biz/ - Business & Finance

[Anonymous No.8706870]

RIP American economy

[Anonymous No.8706997]

>>8706870
I hope you realize if America goes into a recession, you would also be hit with it in a global scale.

[Anonymous No.8707024]

>>8706870
everyone is getting fucked if american takes a hit desu

[Anonymous No.8707029]

>>8707024
except shorters

[Anonymous No.8707033]

fucking drumpf

[Anonymous No.8707042]

>>8706997
Crypto will moon during a recession and the real estate bubble will pop, so it will be the best of both worlds.

[Anonymous No.8707044]

>>8706870
friendly reminder to all seething lefties that Trump Won :) Dont buy the dip, stay poor

[Anonymous No.8707063]

>>8706870
Are we really going to trust a journalist's TA?

[Anonymous No.8707074]

>>8707044
Oh look it’s this same faggot

[Anonymous No.8707094]

>>8707044
You didn't win anything though.

[Anonymous No.8707112]

>>8706997
Not him, but it is the price worth paying. As long as USA suffers and goes bankrupt I am willing to fucking live in a ditch and eat tree bark and rats.

[Anonymous No.8707125]

>>8707074
Trump won and you cant do shit about it :)

[Anonymous No.8707179]

>>8706870

Crypto inversion incoming. Prepare for the biggest bull run since tamagotchi.

[Anonymous No.8707194]

>>8707125
Here let me speak in a language you can understand:

Very SAD!! Crash is VERY BIGLY! You are a LOSER!

[Anonymous No.8707205]

>>8707029
>EAT
>MY
>SHORTS

[Anonymous No.8707209]

>>8707125

Implying second amendment people can’t do something about it I don’t know

[Anonymous No.8707213]

>>8707029
they cant keep getting away with it!

[Anonymous No.8707224]

>>8706870
>he thinks America is the only country in the world
Economy isn't a closed system in a country. Economy is always globally linked. The reason why America is starting a recession has its roots in Chinese economical situation. The trade war isn't just "Trump randomly putting taxes on Chinese imports". China is going to be hit harder than anyone, other Chink countries will follow, then USA, then Europoors. Rest of the world is already in the shitter anyway.

[Anonymous No.8707233]

>>8707194
>>8707209
Trump Won :)

[Anonymous No.8707274]

>>8707233
Alright sheldon that's enough

[Anonymous No.8707277]

>>8707233

[Anonymous No.8707288]

As easy as tethering up guys...!

[Anonymous No.8707292]

daily reminder that earnings reports will be lower than analyst expectations

[Anonymous No.8707343]

>>8706997
China posted 8% GDP gains in 2008. Usually they post 12%

[Anonymous No.8707410]

Stock market does not equal the economy but it is baffling.
>>8706997
This. I would be hit with a great shopping opportunity thanks the the weak USD, just like 2008.

[Anonymous No.8707426]

>>8707233
how much money have you lost today blindly sucking off trump's old dusty teet?

The smiley faces you post in every reply really show how desperate you are to justify your stance.

[Anonymous No.8707429]

>>8707410
>This. I would be hit with a great shopping opportunity thanks the the weak USD, just like 2008
no, because theres not going to be a recovery this time

[Anonymous No.8707454]

>>8707429
Sure bud. But no recovery would be sweet to. Cheap USD vegas trip every week?

[Anonymous No.8707471]

>the next few days will be absolutely CRITICAL to the future of stocks

[Anonymous No.8707470]

>>8707426
well actually, I sold last week and started rebuying today

by the way, trump won :)

[Anonymous No.8707515]

>>8707470
You’re cringe asf

[Anonymous No.8707528]

>>8707277
jesus christ and this is the face of /pol/

[Anonymous No.8707529]

>>8707515
Trump won :)

[Anonymous No.8707534]

>>8707277
Decent effort on that brick wall cake.

[Anonymous No.8707548]

If America sneezes, the world catches a cold. The next few days will be very lucrative desu.

[Anonymous No.8707569]

>>8707224
>China is going to be hit harder than anyone
I see a lot of people saying this, but never a credible reason why.
I am open to the idea. If anyone wants to explain I'll be thankful.

[Anonymous No.8707583]

>>8707528
this is r/thedonald. /pol/ is 56%ers larping as white nationalists

[Anonymous No.8707591]

>stock market = economy

[Anonymous No.8707602]

who gives a fuck about the stock market lol. crypto is where you make money 10% a year does nothing for me

[Anonymous No.8707614]

Anybody remembering this shizo anon posting a few days ago?

[Anonymous No.8707617]

I know I shouldn't tap on the glass and torment the redditors but there just such smug cunts I couldn't resist

[Anonymous No.8707638]

>>8706870
>memelines

[Anonymous No.8707652]

>>8707617
Kek redditors are such cry babies

[Anonymous No.8707690]

>>8707652
>reddiors buying the top of the most obvious, overinflated bubble in history
>cry when someone says something marginally bearish

[Anonymous No.8707717]

>>8707343
Even the chinese premier Li Keqiang don’t believe those numbers.
Going by freight transport, Electricity usage and bank lending you get around 3% growth.

[Anonymous No.8707725]

>>8706997
yeah, great choice of president burgers, great fucking choice.

[Anonymous No.8707756]

>>8707725
>>8707610

[Anonymous No.8707872]

>>8707548
>American banking system collapses americans QQ about insane poverty.
>Canada has responsible banking system, it's only effect by mass shopping sprees.
I love how you retards think 2008 was like a global thing.

[Anonymous No.8707883]

>>8707033

russia hacked the economy

[Anonymous No.8707885]

>>8707872
it was...

[Anonymous No.8707902]

>>8706997
not as strong as the USA tho, it's true that the entire world is running a bubble but the americans have made it to an entire new dimension of bubbles

[Anonymous No.8707916]

>>8707617
Reddit is right in th9s case though. You have literally 0 supporting evidence in your post. It might be true, but an instantiated claim remains that. Also I that irrelevant 4chan "meme" you posted there after lurking here for 5 minutes and calling yourself a "channer" is pretty cringe inducing. You are already on Reddit so stay there.

[Anonymous No.8707951]

>>8707916
I have been on 4chan longer than you kiddo. I used to give supporting evidence on /r/stocks but they are retarded permabulls and the more bearish info you give them the more they downvote

[Anonymous No.8707959]

>>8707885
It effected other countries because of large trade relationships. And obviously exporting to America can be hurt by weak USD. But the effects that effect the marginal citizen of the world were short lived and unnoticed. Most people in Canada would cheer on a repeat if it meant 1to1 exchange again.

[Anonymous No.8707992]

>>8707951
>I've been in 4chan longer than you.
>I just posted dat ebin "are ya winnin son" maymay I don't understand on another website in the incorrect co text than bragged here about posting on reddit.
Summer already
>I used to give supporting evidance.
Who cares. In the particular OP you did not. And wasted an OP.

[Anonymous No.8708028]

>>8707992
roody poo

[Anonymous No.8708092]

Don't worry this is all part of satoshi's vision

[Anonymous No.8708129]

I don't care about politics. Just trying to make money.

What's the best place to put money now? currently holding amazon Boeing google and some marijuana stock.

[Anonymous No.8708188]

>>8707042
We must acquire additional pylons (houses)

[Anonymous No.8708219]

>>8707717
Muh China uncensored

[Anonymous No.8708224]

>>8707617

The fact that you're proud of this cringy post on plebbit suggests to me that your are:

1. Uneducated
2. White trash
3. Poor

[Anonymous No.8708225]

>>8708188
everyone report this guy

[Anonymous No.8708234]

DEATH CROSS SOON

[Anonymous No.8708621]

>>8707885
It really wasn't the same everywhere
There were major differences in europe in how countries were affected

[Anonymous No.8708757]

>>8706997
Yeah, I realise that. But you also get super touchy when people point out that you don't have your shit together.

[Anonymous No.8708872]

>buy the dip
jew_brainlet.jpg
(pls someone make one, im no drawfag)

[Anonymous No.8708891]

>>8707277
HELL YEA CHECKED

[Anonymous No.8709222]

>>8707029

>le smug Spitznagel face

[Anonymous No.8709223]

>>8706870

so where's the bottom for this shitcoin?

[Anonymous No.8709769]

>>8706870
Based drumpf

Kek

[Anonymous No.8709929]

>>8707042
Lol if everyone panicks the fuck out and struggles to survive you think the only thing people will care about is to buy some silly internetz money. No one profits of a global recession. Even shorting will be near non profitable.
If your statement wasnt bait you should really consider ending it

[Anonymous No.8709971]

>>8706997
jokes on you my country is already in a recession without a global scale economic crisi

[Anonymous No.8710014]

>>8708621
And you know that because you lived in Europe from 2008-2010

[Anonymous No.8710034]

>>8709971
Where u from? Venezuela?

[Anonymous No.8710149]

Tomorrow will probably be green. There was a buying surge in the last 30 minutes before close.

[Anonymous No.8710214]

>>8707094
I won an extra $400/month to my paycheck thanks to the tax reform that Trump passed

[Anonymous No.8710234]

>>8709929
>Stock market starts to tank
>boomers see their retirement & pension shrinking, not growing
>boomers begin to panic
>see crypto is holding steady while their retirement is tanking
>*insert mass media shilling crypto*

It's the perfect storm for the largest FOMO in history, driven by stupid boomers trying to protect their retirement

[Anonymous No.8710285]

>>8710234
Can't fucking wait. BTC 36,000 EOY

[Anonymous No.8710313]

>>8710285
Amen brother. Don't sell at $36,000 unless you're paying off debt. Start selling bits at $100k, start selling chunks at $250k, and start dumping at $500k.

[Anonymous No.8710342]

>>8708225
Thx just reported you 100x

[Anonymous No.8710355]

>>8710234
I see absolutely no universe where this could happen.
As much as I would love to see the money flowing from stocks to crypto meme happening so unlogical it is.
There is just no reason crypto would even go up in the first place while the stock markets tank to kickstart the normie money flow.

[Anonymous No.8710387]

>>8707042
Everything drops during a recession, even gold. Crypto won't be different. Good way to kill the useless alts though.
Fact is most people aren't in crypto because they believe in it, but because they see it as an investment, and in the event of a recession buyers will dry up causing prices to fall, and people will sell for a more useable currency.

[Anonymous No.8710451]

>>8710355
>>8710387
Gold typically booms during a reception. Crypto is digital gold.

All it takes is for crypto to look like a better investment than the stock market, and once the transfer starts it'll be self-reinforcing.

[Anonymous No.8710504]

oh noes

[Anonymous No.8710505]

>>8710355
When people fomo in, that sucker will move.

[Anonymous No.8710517]

>>8710451
also good is in a bubble that looks like it's about to pop, whereas crypto is already popped and ready to grow

[Anonymous No.8710529]

>>8710517
*gold

[Anonymous No.8710535]

>>8710451
>All it takes is for crypto to look like a better investment than the stock market

[Anonymous No.8710545]

>>8710387
Finally someone who uses their brain

[Anonymous No.8710632]

>>8710234
If you believe this youre an idiot. Boomers are not technologically literate enough to buy bitcoin.

[Anonymous No.8710656]

>>8710451
Crypto and stock market has 80% correlation according to bloomberg. It functions like a highly leveraged tech stock.

[Anonymous No.8710677]

>>8710355
US stock market is ~$65 Trillion, we only need a tiny portion of that. but yes a mass exodus is unlikely

[Anonymous No.8710684]

>>8706870
People run from risky volatile investments during crashes, crypto will be down multitudes more than any other traditional asset.

[Anonymous No.8710691]

>>8710632
they just need to see that bitcoin ETF being green while everything else goes red

[Anonymous No.8710708]

>>8710387
This 100%

[Anonymous No.8710712]

>>8707029
just wait 2 days

[Anonymous No.8710763]

1987 1997 2007 2017

Roughly every 10 years there's a big crash. This is the end of a cycle, the Trump 'optimism' is just providing a longer fuse.

[Anonymous No.8710804]

US doesn't sell shit to chinks so they can make up tariffs, at least so they think. Chinks can retaliate dumping US debt.

[Anonymous No.8710809]

>>8710149
>redditor never heard about ppt

[Anonymous No.8710842]

>>8706870
i know most of you keep you crypto on exchanges but the idea of it is to 'be your own bank'. i know most of you don't know about the Cyprus banking '13 closure and the spike in crypto....

[Anonymous No.8710856]

Call me smart or plain lucky but I converted my crypto into Gold at its peak. Made a 700% gain and got out. Fagots will holdl a falling knife.

I don't think the recession will be good for crypto. I used to think it would before I realized how fucked up coinbase is.

[Anonymous No.8710896]

>>8707029
>Bear x15

[Anonymous No.8710936]

1. The global economy will crash
2. It will start in US, burgers will blame it on Trump
3. A trans-gender will become a US president

[Anonymous No.8710972]

>>8710896
Short my shorts, man

[Anonymous No.8711023]

>>8710936
I'd rather have a man pretending to be a woman than an actual y-chromosome deficient vagene

[Anonymous No.8711054]

>>8710936
4. a prediction made on 4chan ends up being correct

[Anonymous No.8711075]

Stock Market != Economy

It's the rich fuckers who own all the stock, let them eat it

[Anonymous No.8711138]

>>8711075
And that will never change with the /biz/ mentality.
Its literally fucking easy to outplay these fuckers in their own game but they do their best to use the stock market to milk us all

[Anonymous No.8711145]

am i reading correctly fdow futures are already down 500?
tomorrow is going to be a bloodbath

[Anonymous No.8711157]

>>8707194
what crash? Best economy in decades.

[Anonymous No.8711189]

>>8710896
why aren't you answering?

[Anonymous No.8711211]

>>8711054
It doesn't take a genius to see this. The same shit repeating over and over. Someone is too retarded to see it deserves to be poor.

Somehow in economics ppl don't remember shit compared to other disciplines. It's like gov't rediscovering every 10 years that asbestos causes lung cancer.

[Anonymous No.8711240]

>>8711157
ffs the state of /biz/
go look up qualitative easing, the bubble is popping, been close for years

[Anonymous No.8711265]

>>8711240
false.

[Anonymous No.8711267]

>>8711211
Economics is too politicised, people just pick the theory that fits their agenda, regardless of how unsupported it might be.

[Anonymous No.8711278]

> petro Yuan
> petro Ruble

USD fucked and Uncle Sam is going to take everything down with it

[Anonymous No.8711295]

>>8710149
Those are daytraders covering shorts, dont be delusional

[Anonymous No.8711303]

>>8711295
Bear Trap

[Anonymous No.8711308]

>>8710014
Yes
I also talked to many people from many different countries and ages and professions
Its still just my opinion but the way central banks kn different countries handled the crisis, in retrospect, is a good indicator. Look at germany f.e. and compare to spain and try to understand why the housing markets were different
Then compare to US and try not to laugh

[Anonymous No.8711316]

>>8711240

[Anonymous No.8711322]

>>8710214
Thats pretty good
Trumps tax plan ia excellent, as its simple and it benefits low income

[Anonymous No.8711324]

>>8711075
Where do you think people have their retirements?

[Anonymous No.8711377]

>>8707534
His mom loves her special boy a lot.

[Anonymous No.8711390]

>>8710387
You miss something here. If everything drops, what does it drop against?
When the housing market collapsed, you could buy houses that formerly cost 1mill for 250k. However, there was also a financial crisis, so money bece more expensive, and could be used more profitably elsewhere. Im trying to say that, when the economy tanks, it usually tanks against cold hard cash. Hyperinflation is something entirely different, yet sometimes both a recession and inflation go hand in hand

[Anonymous No.8711407]

>>8711322
The democratic party will blame the recession on Trump's tax plan, just wait for it. This is why I think US might swing to the extreme left with a president reflecting that shift. Now the ruling class has Facebook in their pockets.

[Anonymous No.8711417]

People don't actually think that a stock market correction will lead to a crypto bull market do they?

[Anonymous No.8711424]

>>8710632
It will be simplified and there will be services to assist the elderly (the weak) to apwns their money, as there have always been

[Anonymous No.8711432]

>>8710214
>Trumpcuck is a low income brainlet
Why am I not surprised

[Anonymous No.8711462]

>>8710234
Boomers hate crypto so this is unlikely.
>>8710632
>implying its difficult to buy bitcoin
If they can use Facebook they can use coinbase.

[Anonymous No.8711464]

>>8710936
Yeah but the last point will take about 10 yeara at lwast

[Anonymous No.8711477]

>>8711407
>Recession

A stock market correction is not a recession. And besides, the only people who've lost money in the stock market currently are people who FOMOed in in January, trading meme stocks like AMD, or are playing options which /biz/ is too brainlet for anyway.

[Anonymous No.8711489]

>>8710936
>first "female" as president
>first tranny as president
>also the first president to kill himself
Would be hilarious.

[Anonymous No.8711493]

>>8707528
/pol/ isn't even white.

[Anonymous No.8711516]

>>8711407
Dont think a swing to the extreme left is likely
Blue collar workers go to joe rogan and bill burr comedy shows, dude, relax, most people are nice funny etc
Is the economz going to take a shit at some point? Sure.

[Anonymous No.8711526]

>>8711493

[Anonymous No.8711533]

>>8711417
I can see some 50 year old who read into bitcoin, liked the idea, but needs a trigger to put his volkswagen stock in it

[Anonymous No.8712452]

>>8706870
>S&P500
>America
high school graduate detected

[Anonymous No.8712563]

>>8711493
This. It's a bunch of mutts larping.

[Anonymous No.8713547]

>>8711432
65% of the lowest income bracket votes democrat

[Anonymous No.8713650]

Bottom of the dip is 2400 screencap this

[Anonymous No.8713744]

>>8708224
im all three of those

[Anonymous No.8713769]

>>8706870
ITS A TRADE WAR

[Anonymous No.8713837]

>>8707872
>>8707885
What happened in 2008 only spread somewhat globally because so many other countries were holding USD, over the past 10 years they've been getting rid of it because they know its about to be worthless. This time around most other countries won't feel a thing, and it will officially be the end of the American century.

>>8709929
Most of the world is going to be fine. China and the US/Japan are going to have issues that will mostly effect the lower classes ie our currencies being worth shit. Guess what three countries are the deepest in crypto?

>>8710535
You're an investment banker. Right now you see the housing bubble effecting cities, retail dying, stocks dropping, you can put your money into bonds but you're going to need short term gain to pay investors. Whats already in a bear market? and growing since almost no millennials are buying stocks.

>>8711390
This is a really good point most people are missing, this time around when the "economy tanks" stocks might not drop that much since the actual worth of the dollar will drop with them. The american economy could have a meltdown and the stock market wouldn't notice because its so propped up, but inflation would make the cost of everything skyrocket including crypto.

[Anonymous No.8713856]

>>8706997
THIS THIS THIS THIS THIS

i really dont understand the shit skins who want the american economy to fail. if our standard of living goes to third world, then the already third world goes to the under world standard of living.

[Anonymous No.8713860]

>>8707292
proof

[Anonymous No.8714081]

>>8708092
wtf, is this Sergey?

[Anonymous No.8714222]

>>8713547
35% have an iq lower than 85

[Anonymous No.8714260]

>>8710234
>holding steady
>almost 80% down from ATH across the board on atl "for no reason"
Yeah that really inspires confidence in people losing money

[Anonymous No.8714319]

>>8707617
>he hasnt been banned from reddit for arbitrary reasons yet

[Anonymous No.8714335]

>>8707033
So all of a sudden it's Trump's fault why a crash will happen. It needs to fucking happen. It's been artificially pumped for years. This is what happens to a hyperinflated pyramid scheme when it can't go on much longer.
truthcontest.com

[Anonymous No.8714366]

>>8706870
You have no clue President Donald J. Trump has access to 27.4 Trillion USD do you? You probably think Jeff bezos is rich too.