/lit/ - Literature

>>14861198
It's okay Nick. You'll just be remembered as the most wrong philosopher in history.
But embarrassment is really just a put option from the darwinian chemicals in your brain. It will pass surely.

Descend a lofty perch

>>14861198
https://discord.gg/s5V4UPB

>>14861198
Because we live in a clown world the fear of something that hasn't happened will effect us more than the actual happening. Let's hear it for capitalism, boys!

>>14861198
Seneca the younger has an ultra based view on suicide.
https://emilkirkegaard.dk/en/?p=1999

This is all such a morbidly fascinating situation. The great rules of the of the world, the master species, humanity, brought low by a mindless nanometers' wide capsule of DNA.

>>14861257
Completely backwards. This is time lag, like a car crash without a seatbelt on, the victim has flown threw the window and is about to be gutted by a wall.

>>14861198
BASED
FUCK MARKETS FUCK BANKS FUCK YOUR JOB NIGGA

>>14861198
nigga why arent you living in a cave chillin with squirrels like me?

>>14861273
These were shitty rules that only heightened the risk of such a thing happening.

>>14861292
I meant rulers actually, yes but its shitty rules made by shitty rulers.

>>14861285
Just don't hang around Dead Squirrels with fleas. You don't want the Bubonic plague do you? I can already feel my lymph nodes bursting, it's too late for me.

>>14861198
But Anon, the markets crashing is a good thing. Fuck the financial system, fuck ((( banks ))) and all those who make us suffer. Just stockpile some food and who gives a shit about the currency.

>>14861278
Who could've guessed that NEETs would be in the best position.
Tendies safe and sound.
Box of wine.
All quiet because the boomers are rushing out to get more toilet paper.
https://youtu.be/Jq-e8DWtzvE

>>14861278
>>14861285
>>14861303
based

>>14861296
Ah, yes. Very shitty rulers. Trump was so oblivious that he didn't get this meme, and is now posting about fake news and how the drop in oil is good for the common man.

>>14861304
Normies BTFO

>>14861303
I already bought all the beans

>>14861232
>embarrassment is really just a put option form the darwinian chemicals in your brain
I would enjoy a more thorough exegesis of this text

May I suggest a good book.

Imagine caring about the stock market

>>14861324
Who could have known that liberals were the true accelerationists all along?

>>14861329
This is one of those times when everyone should care. It's a major event that has been building for some time.

>>14861344
Nah I’ll be fucking off to my shack in the woods while NPCs cry about fictional numbers and green paper

>>14861339
There's no way this Tweet is real.

And yes, Liberals are created by tech and accelerate it, this is what Ted says.

>>14861355
Based

>>14861276
Classic video.

Buy bonds and the yen

>>14861344
what? this isnt a collapse of some bubble it is a simple corona and oil scare happening simultaneously.
the BIG Event will happen but this isnt it.

>>14861360
The original is about insulin dispensing pills.
It's telling that Pinker escaped the JE saga unscathed while everyone piled on Stallman, considering the ample circumstantial evidence for actual deeds on the part of the former.

>>14861314
Trump is an interesting case indeed. The establishment tells on itself in its vociferous attempts to dissociate with him, despite him personifying the callous indifference and aloofness of the ruling class to the needs of common folk. Needs which in the case of a viral outbreak, jeopardize the health of the ruling class itself and its interests. Viruses don't discriminate between rich and poor. The inability of the capitalist system to mobilize a coordinated, top-down response to the crisis has harmed the system itself. This is most clearly emblematic in the for profit healthcare system of the US which puts it at particular risk.

>>14861377
Keep telling yourself that.

>>14861278
based

eat fucking shit leviathan

I lost almost 20% on my portfolio since Corona came to Europe. When I get to -30% I'm gonna start buying more stonks.

>>14861377
What's the big event?

>>14861400
>viruses don't discriminate between rich and poor
But the medical expertise and technology used to treat illness sure does.
>The inability of the capitalist system to mobilize a coordinated, top-down response to the crisis has harmed the system itself.
Some people said the same thing after 9/11, after the Iraq invasion, etc
Nothing makes this "crisis" special, and it is far less of a crisis that other events.
Labeling it a crisis represents a fundamental misunderstanding of how the system works.
This is simply another opportunity for profiteering.

>>14861292
Based Taleb poster

Time to #buythedip!
>>14861418
Dude, it's not even funny. Good thing I'm 29 and not 59 or 69.

>>14861232
Accfags need to be bullied.

>>14861451
Is this the time to BUY BUY BUY? I'm new to stock trading and this shit got me scared as hell.

>>14861445
>But the medical expertise and technology used to treat illness sure does.
Yes but there are fundamental limitations on the immune system for novel viruses. No amount of advanced supportive care can change that. Rich old people will die of it nearly as much as poor old people.

>Some people said the same thing
There is a fundamental difference here. It is that Global supply chains are disrupted. This is special. Recent earning reports have said as much across the corporate sector. There can't be any profit if the basis for it, production, is halted or severely delayed.
It remains to be seen how long this disruption will last, or if the outbreak will continue to exponentiate. The trend has been worsening globally unabated, and the (claimed) improvement in China might not be generalizable to other states given its drastic mitigation efforts. Cascade effects (like the huge drop in oil prices) could lead to others, leading to a systematic untangling of the economy interconnected supporting strands.

>>14861438
If you need to ask what bubble is gonna pop you are as ignorant as a little child, also in for a rude awakening.

>>14861480
If you're young, yes, this is a great time to buy. If you're nearing or in retirement, this is terrifying because you're going to kill your savings by selling.

>>14861480
It's always time to buy
https://youtu.be/U8PyFn90FIQ

>>14861519
>this isn't a bubble
>bubble going pop
w0t

>>14861527
Do not listen to this retard.

>>14861232
>markets

>>14861559
Please tell me how a young person with $10-20k to invest will lose money in 3 years, buying now? The markets will improve come summer time and you'll have a bunch of undervalued stocks in your portfolio.

>>14861590
>market starts to drop from everything bubble
>literally a collapse due to trade war
>oil down 30% while Russia laughs at the West in vengeance
>BUY BUY BUY
I know most won't get it so I won't laugh at you too long.

>>14861232
>markets manufacture intelligence

AAAAAAAAAAA
SELL
NO BUY
NO SELL
NO BUY
AAAAAAAAAAAAA
CHECK THE NEWS
SOMEONE SAID IT'S A NOTHINGBURGER?
BUY BUY BUY BUY
SOMEONE SAID IT'S A SOMETHINGBURGER?
SELL SELL SELL
ANALYZING THE SITUATION, READING STUDIES, LISTENING TO INDEPENDENT PROFESSIONALS, LOOKING INTO THE DISEASE DATA?
NO! FUCK YOU O'M NOT SOME NERD KEK!!!
BUY BUY BUY SELL SELL SELL NO BUY AGAIN NO WAIT E SHOULD SELLL
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AHAHAHA IT'S THE DIP GET IT WHILE IT'S HOT
NOOOOOOOOOOOOOOOOOOOOOO THIS IS A PANDEMIC WE'RE ALL FUCKED DUMP IT ALL
UNLESS....
WE GONNA MAKE IT BROS TO THE STARS AND BEYOND BUY BUY BUY BULL RUN
AAAAAAAAAAAAAAAAAAAAAA I REGRET BUYING OH GOD IT'S ALL OVER SELL IT ALL
THE FUNDAMENTALS SAY THE COMPANIES ARE DOING GREAT IT'S THE RETARDS WHO PANIC CAUSE THE DIP BUY BUY BUY
NOOOOO THERE'S A DEAD GUY IN WASHINGTON
SELL SELL SELL
AAAAAAAAAAAAA
SOMEONE FOR THE LOVE OF GOD FLIP A COIN
AAAAAAAAAAAAAAAAA
I DON'T FUCKING KNOW WHAT TO DO THE MARKET WAS GOING UP FOR THE LAST 12 YEARS
AAAAAAAAAAAAAAAAAAAA
FUCK YOU MARKET YOU FUCKING FAGGOT GO UP GO UP GO UP
AAAAAAAAAAAAAAAAA
I GRADUATED IN 2010 WHAT THE FUCK AM I SUPPOSED TO DO ALL MY CAREER THE MARKET WAS GOING UP
AAAAAAAAAAAAAAAAAAAAAAAAAA

>>14861605
>Baby's first market panic
Don't be jealous just because you have no spare cash to buy with.

https://youtu.be/59v-cx15wjY

>>14861616
>>>/ptg/

>>14861605

When the blood is running through the streets, buy buy buy.

>>14861605
Anon trump is going to win and the markets will rally expecting 4 more years of reckless expansionary policy. Now when a dem wins in 2024 though shit will get interesting. That'll also align nicely with the housing bubble

>>14861616

>>14861630
kek black employment will save us forever

>>14861629
How much toilet paper for a flesh wound?

>all the edgy poorfags in this thread
I only wish I had money to buy the dip
t.poorfag

>>14861664
If you took my post as pro-trump you're retarded. It is what it is, the markets like him because he pushes expansionary fiscal policy and his fed keeps rates down. After the dems just spend months trying to out retard each other with ridiculous regulatory proposals theyll see him as a godsend

>>14861687
I have 100k in the bank. I’m thinking of using half of it to buy stocks, but I don’t know which companies to buy.

>>14861698
Tesla. Going to 4000 at least.

>>14861198
Take it easy it'll bounce back in a couple of years, unless you bought high risk.

I sold about 40% of my capital the day before the crash started because I'm not an idiot and assumed the market would start reacting to corona soon, even if you didn't just wait 2-3 months and start buying to recover sooner. If you're going to argue it'll be to late to buy in 2-3 months then you have nothing to worry about since your current capital will recover too.

>>14861698
Just do an index fund. It's simple, easy, and will generate income and be protected in this instances. Or you can buy stock in "safe" companies. Railroads, infrastructure, and resources are not really going anywhere.

>>14861697
How old were you in 2008?

>>14861698
Index funds, Tesla, bluechip stocks.

>>14861377
The oil scare is because of corona.

Quarantined areas have stopped manufacturing lowering demand for oil and lowering shipping. Further internet ion as hipping is crawling to a halt for safety reason too so the demand for oil is plummeting.
None of the big players want to lose market shares so almost everyone is pumping out oil at a a loss.

Any you guys making money from the inverse? How much longer will the markets fall?

>>14861702
This.
KFC and Purple Koolaid are good options too.

>>14861718
This is it. As low as it gets.

Trump said to buy so I'm buying.

>>14861718
>How much longer will the markets fall?

Nobody knows the answer to such a question. In that sense you indeed might as well ask on 4chan, but really you shouldn't ask such a question since it has no answer.

>>14861717
Doesnt SA also have to keep prices low so that American shale stays unprofitable?

Never been a better time to buy. Go all in if you can.

>>14861741
No shit, I'm obviously asking for conjecture

>>14861747

You're obviously retarded

>>14861698
Virgin Cruises

>>14861714
Nigger this isnt 2008. There will be another 2008 but this isnt it

Why doesn't everyone just keep buying so the market constantly rises and everyone wins?

Buy Netflix and Facebook

>>14861750
Cope

>>14861760
But how do I use my gains if I cant ever sell

>>14861775
paper money > literal paper money

>>14861754
Why is that? Are the fundamentals good?

>>14861784
No because the paper money is still beholden to the whims of the literal paper money

>all these /biz/tards

>>14861800
There is no housing crisis, people aren't defaulting yet.

>>14861833
>time is a flat bubble
>past 2008 a man without stocks can be a bad thing

>>14861846
This but unironically

>>14861608
>NOOOOOOOOOOOOOOOOOOOOOO THIS IS A PANDEMIC WE'RE ALL FUCKED DUMP IT ALL
>UNLESS....

>SOMEONE FOR THE LOVE OF GOD FLIP A COIN
Fucking hilarious anon. Keep up the good work.

>>14861760
because capitalism cannot translate individual rationality into collective rationality, what you're proposing could be a way out but is unattainable in a system that is axiomatically founded upon decentralized decision making in a society composed of atomized invidual agents. in order to implement your plan you'd have to ensure coordination of actions of all capitalists in the world and therefore replace individual decision making with collective planning that is socialism. furthermore your plan is not incentive compatible without introducing a third party that is the state to command the actions of all individuals. this is because when everyone is buying so that the prices surge in the near future every single capitalist has the incentive to break out from the established plan and sell thereby accumulating the speculation premium. notice that this is precisely why Lenin and neo-Marxists point out to monopolization as a tendency of late capitalism - monopolization decreases the number of economic agents and therefore makes large scale planning more attainable and provides a counter tendency to the falling rate of profit

>>14861879
Central planning only compounds malinvestment. I shouldn't even bother pointing this out.

>>14861198
NO NOT MY CAPITAL NOOOOOOOOOOOOOOOOOOOOOOO NO NO NO NO NO THIS CAN'T BE HAPPENING NOT MY CAPITAL NOOOOOOOOOOOOOOOOOOOOOOOOOOO AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA MY CAPITAL NOOOOOOOO

>>14861903
This.

Value and liberty are like trannies and dilation.

>>14861913
NOOOOOOOO NOT MY COMMODITY GOOD BOYS!!!!! NOT MY DRIVE-THRU ABORTION ARCHITECTURE!!!!!!

>>14861913
hello, holy based department

>>14861697
What do you mean by "expansionary fiscal policy"? All I can think of is tax cuts and increasing the spending on the military (anything about infrastructure is mostly talk). Tax cuts work when people will spend their income. The Republican party won't be interested in increasing government spending and will try more tax cuts as people and corporations hoard cash and everyone spends less while interest rates go negative lol

>>14861913

>GREATEST ECONOMY EVER!

Time to embrace it.

Here's an actually informed post faggots!!

The selloff happening right now isn't a correction yet, more a panic sell. However, the economic data from the effects of the Coronavirus is a time bomb and is starting to go off, and that's when the real correction will come and this bubbly bull market will come tumbling down. The Fed is set to meet on March 17-18 and will most likely announce significant rate cuts, the fact that they did an emergency rate cut already should spook you. You can't shut down 17% of the world economy where a significant part of the global supply chain is based and not expect a massive recession unless the problem is fixed soon, we are already beyond that point. The market will probably seriously crash by late March but I don't think it will bottom out until summer. The hardest hit sectors atm are travel, tourism and service (not to mention commodities like oil, obviously) but the effects will become much more tangible soon. Hyundai and Nissan already can't make cars because they can't get the parts from China, and manufacturers from around the world are going to be reaching the end of their stocks in the next couple months without the possibility of ordering more. Target and Walmart are going to have trouble stocking the shelves by April and May. The reason the media and elites aren't talking about this (I mean you can find plenty of analysts spelling this out going back to late January, they are just being muted) is because they're either too stupid or want us to be complacent enough so they can cash out with options betting against the market while Joe Shmoe with his 401k gets fucked. This could be a lot worse than 08 anons, particularly if the US and other western countries start doing their own quarantines. Most small businesses in China are already running out of cash and food supply is becoming a big issue there, why would here be any different if most shipping and travel gets shut down. If this doesn't put the nail in the coffin of globalization I don't know what will, this is basically all a massive lesson in how the people at the helm are worse than clowns.

>>14862002
(((Tuchman)))

>>14862006
>If this doesn't put the nail in the coffin of globalization I don't know what will, this is basically all a massive lesson in how the people at the helm are worse than clowns.
History has been full of much worse pandemics. Also I don't know why you'd think national autarky could deal better with these sorts of issues. If you had to shut everything down and not have access to any foreign markets you'd be fucked quicker and harder.

>>14861198
Killing yourself in a time like this is such a faggot move. When the strong fall down is the time for the downtrodden to rise up. There is great disorder under the Heavens and the situation is excellent.

>>14862035
I'm talking about the vulnerability of global supply chains, and for the record I don't support autarky either. And it's been worse in history isn't an argument, and to be frank how bad the disease is doesn't matter from a practical standpoint because markets and governments aren't rational and have already marked it as a massive threat enough to shut down all economic activity. You shouldn't be concerned about the health effects unless you're old or immunodeficient but we will all get fucked by the economic aspect.

>-8.00%
-8.00%
>-8.00%
-8.00%
>-8.00%
-8.00%

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>14862053
So. Much. This.

>>14862049
>I'm talking about the vulnerability of global supply chains
>I don't support autarky either

What's your point then? You can't control everything in foreign countries and you're going to be depending on them nonetheless. National supply chains can suffer the same issues in any type of liberal federal republic system

>>14862071
I don't have a policy proposal, my point was laying out what is going to happen in the next 6 months. Did you read my post? What I'm arguing is that it will turn people against globalization by making them see the vulnerabilities of the globalized supply chain. I'm not saying this is a good or bad thing, it just is.

the most prophetic work of the past decade

bros im in north italy they are closing everything and some regions have even closed their borders
i knew i had to get a gun long ago

>>14861608
Holy Kek, saved

>>14861702
awful idea. tech dies in a recession

>>14862045
This. The celestial mandate of the presiding order is being revoked before our eyes. Disorder and calamity grips the realm, therefore under heaven's watchful eye the powers that be are voided on a cosmic level.

>>14862006
Interesting post anon

Holy shit atheist materialists btfo.
Imagine caring about the world. Imagine having to depend on retardation like "stock markets" and "health". Imagine running and screeching to the magical all-powerful doctors to keep you from being btfo by a virus. Imagine them not being able to do anything about it and callously tossing your corona-riddled corpse into the emergency ovens as FEMA enacts forced quarantines nationwide. Imagine Rick&Morty quotes being insufficient to cope with the situation. Imagine the weed not culling the cognitive activity like it used to when you were a comfortable little midwit hedonist who always watched the latest Steven Pinker TEDx talks. Imagine dying after watching the edifice of technocratic western liberal democracy crumble before we were even able to legalize pedophilia and let polygendered drag queens openly molest toddlers on the steps of the Lincoln memorial lmao.
Has there EVER been a species more pathetic than the modern materialist? I mean seriously, look at how fragile their whole little house of cards was. Now all of the soft-assed "humanitarians" are going to be gouging their neighbor's eyes out over a half-used toilet paper roll as martial law is declared and all governments go chink-mode on their citizens. LMAO the atheists actually thought it was all going to end in rainbows, unicorns, dandelions, and a ring of immigrants holding hands wearing Amazon VR goggles and singing praises to the latest PornHub top trending camwhores.

>Be not deceived; God is not mocked: for whatsoever a man soweth, that shall he also reap.

>>14862250
Holy based

>>14862006
Should I finally buy a gun?

>>14862250
>posts long diatribe about, among other things, the lies of the media
>believes the media when it tells him the world is collapsing
nice LARP faggot

>delusional decelerationists thinking this is a big deal
A minor blip, we are still going up up up

>>14862250
>stock market
>materialist

>>14862118
rundown on book???

>>14861232
Nick predicted this exactly

>just -8
you zoomers really are clueless aren't you. Things will go back to normal after the whole virus scare

>>14862250
have sex

>>14862439
so buy now for great profit right?

>>14862396
Senitent money is created and the world changes for the worse. Heavy Lovecraft inspiration

>>14862515
Why is the cover so unsettling

>>14862496
yes. Buying is proven to end recessions as well

>>14861718
All the way down to zero. Then they'll pay anyone to buy socks. Anyone. Any stock.

>>14862524
Due to it being classified as Weird fiction I suppose

>>14861718
Depends on how well the ROW handles Corona. China already has it under control but the west are much more incompetent

>>14862620
Who knows I'd china actually has it under control, they lie about everything. I'm more concerned with the rest of the turd world desu, most of the west can probably keep things steady but if this shit gets going in india or Africa...

>>14862620
>China already has it under control but the west are much more incompetent
China will attempt to normalize now again and this is when we will see if they truly contained it or if this iwll be a constant recurring issue.
As long as there is a single country who is incompetent and their people travell this thing won't die away. It doesn't matter if Europe is more competent than America but less than Korea because unless we will impose 14 day quarantine on all travellers this thing will be a self perpetuating cycle.

>>14862006
smart guy, i wish i could have a friend like you most of my peers are clinically retarded

>>14862632
China wouldn't want to ruin their reputation by lying

>>14862409
lmao nice cope nick

>>14862367
Where to?

>>14862409
>dude just kill yourself for capital lmao
>not me though teehee

>>14862174
Not TSLA. With Mars colonies diversification approaches the singularity of wealth security.

>>14862053
And they probably spent half a trillion today. What's the real down?

>>14862691
Lmao their reputation is already one of lying, everyone knows they fudge their numbers and anyone who's been unfortunate enough to deal with chink manufacturers knows they're a race of scoundrels

>>14862937
As if.

China has no reason to lie. They are in the best position.

>>14861395
>Stallman
I can't imagine him touching a pretty female even at gunpoint. He was probably the only Epstein guest who unironically went there to talk to powerful people about FOSS ideology.

>>14861198
>shit tanks
fucking finally

>>14861198
don't you understand how the stock market works?

unless you were about to retire then there's nothing to worry about.

the stock market always bounces back and soldiers on

fucking pussy that you are, grow a spine by reading the stoics and never let me catch you being a despair cunt ever again

>>14863029
Time for 1000 year bonds

for da childrun

>>14862085
Posters like you are why I stopped browsing /pol/ in 2014. I clearly visualize you jizzing all over your keyboard in self satisfaction. Absolutely nothing will change in the long-run.

>>14863014
Where are you getting this info that Stallman ever associated with him?

>>14863029
Recent market entrants should worry if you were dumb enough to buy into this market at historic highs that probably won't be matched again for 15 years. This was the longest bull run in history, the DOW as at its highest ever in February. There is no reason to believe these market conditions sets the precedent for the new norm looking forward. It could just as well be some kind of outlier anomaly and a reversion to the mean is in the works.

>>14863121

You ALWAYS have people like you saying this, and yet the market always goes higher. Which is ofcourse natural because productivity always goes up.

>>14863029
My Dad is about to retire and now my brother and I are going to have to put our lives on hold to help our parents not starve to death
they're essentially going to become our dependents and we won't be able to start families for another five years

>>14862409
>Qoin predicted this

>>14862118
What theory of economics does Cisco pull from in this? I'm interested in this book, but I'm not about to sit and read 800 pages of him fumbling through Marxian bullshit.

>>14863126
>what is secular stagnation

>>14863004
>as if
Okay chang

>>14863470
Only China and Bitcoin can survive this.

Future predicted this.

>>14863004
Imagine being this naive. A friend of mine’s father just passed away in the hospital in China from a non corona virus condition and she is being forced to lie and say he died at home in the death certificate because the hospital can’t admit to any more deaths because of pressure from on top. China’s political culture is based all around saving face, which encourages massive lying and avoiding accountability. Their attitude towards government is that it’s absolutely responsible for what happens, which is what caused the whole pandemic to get out of hand in the first place, the Hubei authorities didn’t want to admit to Beijing that it was so bad because their heads are on the line. A very central concept in Chinese political culture is the Mandate of Heaven, and the CCP is extremely afraid of losing this (yes they are more culturally Chinese than they are communist) because they know if their people realize the scale of how bad this is their heads will roll. The Chinese government is extremely afraid of losing face globally and domestically for these reasons. But go ahead be a dimwit and just regurgitate the Chinese government line.

>>14863070
Ok so you’re going to vaguely criticize what I say without offering any solid counter arguments, also I’m not the anti globalist straw man you’re making me to be, I’m just calling what I see. I could very well be wrong but I don’t think so. Posters like you are actually what’s wrong with this board.

>>14863512
China literally has the most to lose from this retard, go shill your termite colony somewhere else

>>14863526
welcome to NeoChina baizuo.
there is no escape.

>>14863544
>doesnt even know what baizuo actually means

>>14863126
>and yet the market always goes higher
Maybe the long term it goes higher. If you socked money away in index funds and don't plan to touch it for 20 years you're probably fine. But every bull market has come to an end, every single one peaks. This one will be no different.

>>14863077
Where are you getting this info that he didn't?

https://youtu.be/UQbpxF9Kpns

What will you do when your property's gone?
When the finger on the triggers your one and only son?
When the money in your pocket cannot buy even bread?
The city has crumbled, the people have been bled
The machine has grown to crush the world, the walls are getting higher.
The youth will be the first to throw themselves upon the pyre.
The reason for living seems so fruitless in the aftermath
When we've finally walked to the end of the path.
The time is near at hand, a fact you must accept.
Time stands still for no man not even for the rich.
So sorry we're so humourless, it's just the way we are.
You laugh but I don't get the joke, we walk but don't get far.
Maybe there is hope in the dawning of the day.
When no rules define survival, when the earth starts to decay.
It's you who face the holocaust. It's you who cast the vote.
The sad part of your future is it lacks an antidote.

>>14863029
Unless it detachs entirely from material reality it cannot go up forever.

>>14863405
It's not an overt treatise, he tends to use economics are a plot device rather than substantive theory. Though he does bring up Marx, Friedman and Bitcoin.

>>14863627
Wrong. We're going to mine asteroids which will have limitless energy and rare metals.

>>14863029
This. Once the virus shit is over it will bounce back

>>14863778
>duuuuduududduuuueeeee sssssssssssspppppaaaaacccceee
>>>/r/eddit

>>14861377
There is no big event, just slow erosion

>>14863963
Space is literally our only hope for survival.

Capital wins.

>>14863989
We're never leaving this rock faggot, space is the biggest blue balls in human history. We'll find a way to make due with what we have this century or we won't, simple as

>>14861241
This but unironically. It pleases me to see everyone with stocks and 401ks lose all their money. I had nothing and have lost nothing. St. Jerome said the avaricious fret and worry over losing what already is in abundance and their diabolical lust for more money will only ever be quenched when they are thrown into the pit to burn forever and ever.

>>14864039
Already landed robots on mars, preparing for colonies, and fully AI rocket travel.

Keep coping christcuck.

>calling other people a christcuck while spewing science-worship utopianism
is this the part where you blink?

>>14861198
I have no money thus do not care at all about this, and I have no issues with being the first to steal and violate for survival. See you all later.

>>14862118
what a disgusting cover

>>14864069
>yaay just like in my warhams

kys cringefaggot

>>14864059
>>14864090

hello, holy based department?

>>14862006
>>14862049
I’ll subscribe to this newsletter

>>14863070
>Nothing ever has consequences. Everything stays the same

>>14864105
doesn't matter capital wins and you lose

>>14863989
KYS linearlet

>>14864186
You only lose if you chose to play

>>14864186
>>14864317
you never had a choice mommy and daddy turned the tv on and your signal is beaming in at a million miles an hour but the 5g can backtrack to the source and corrupt the sender turning you BIG GAY faggot but what will you do huh
>>14864406

>>14864146
Ok woman

>>14864317
>>14864308
Capital wins.

It has already won.

Welcome to NeoChina.

There remains a glimmer of hope.

Is this what the cool kids call acceleration?

Oh here we go again. Another crisis and who gets invited to the insider party On Wednesday? The God Damn bankers so they can soak all the surfs with “low cost loans and mortgages” using what amounts to stolen tax payer money.

Hey Mr. Prez if one fucking cent is given to the .01% ass holes in the “big 7 banks” I will fucking vote for whoever the ass clown democrat is in protest to bring this shit show down as fast as possible.

I am serious. If the banks get one red cent from the Fed or Treasury I am going full Bernie and am going to actively try to get every Republican I know to do the same. Twice in one life is enough.

Swan

>>14864626
The Big infusion of cash happened last year already. Dodd-Frank allows congress to shirk that responsibility to the Federal Reserve now.

>Swan
?

>>14864643
>Dodd-Frank
Literally who

>>14864626
Capital aka Land predicted this.

>>14864740
Name of a law signed by Obama.
Congressmen get bills named after them. Glass-Steagall was a famous one from the Roosevelt administration that kept banks, investment firm and insurance companies from merging. But Clinton signed it away and now we have “too big to fail”

>>14864763
Doesn't matter. Capital wins.

Nick Land predicted this.

https://discord.gg/FFwRXKq

I'm just a student with 20k on my account. Fuck do you want me to do? The last week I've only been studying and watching Heartcatch Precure.

Looks like capital wins again.

>>14863795
Anon, it's not going to end. It will become endemic like the flu and we can't do anything to stop it.

>>14864763
You're my favorite nigger-fucking jewish dyke holy fuck imagine shoving a big black nigger fist up your growling skunk snatch you dumb whore drunk on dick and pushing entire bedposts up your grunting queefing lesbian snatch you goddamned ugly gay bitch

>>14865830
China just declared victory over the virus. Xi in Wuhan visiting and people all back at work.

It's over. Now the markets will go back up to where they should be.

>>14861198
day traders btfo

>>14861232
owned

>>14861198
>he didn't short everything when he heard the news of a virus rapidly spreading in china

>>14865930
If china is declaring victory then it means things over there must be worse than already assumed. Chinks are transparent liars, to know the truth simply look at the opposite

>>14865986
Why would China lie about their success?

>>14866121
To bolster the image of their regime, for chinks image>reality

>>14865956
shorts are expensive my nigga I did put options instead, and anybody who didn't move their other money out of the market in january is retarded

>>14866121
You've seen the videos where they're dousing entire streets and buildings with disinfectant, right? It's all just to convince the people that the government is taking action to kill the virus. If the people don't see any measures being taken, the politicians in charge will be removed from their positions quickly. The people spraying disinfectant all over the place might actually have been duped into thinking they are doing a valuable service to the people, but the ones running the show know it's doing fuck all.
Pretty much everyone with any sort of power or wealth in China is a con artist. Sure, we have a lot of con artists in charge in the west too, but the Chinese take it to a whole other level.
What >>14866155 says is a fact of life.

>>14866222
That's how they defeated it. Superior technocapital and planning.

>>14866669
Think you responded to the wrong person, that post outlined how china is a giant ruse that's nearly as incompetent as the west

>>14865930
As others have said the Chinese govt is duplicitous. They are still a Maoist-inspired authoritarian regime and bend the truth to defend and serve their ideology, much like the Soviets did about Chernobyl. Of course the reactor is not having a meltdown, our ideal communist society and Marxist science prevents it. Of course a viral epidemic that is entirely preventable by the use of basic hygiene in the handling of animal products is not spreading, our ideal communist society and Maoist science prevents it.

Furthermore global infection rates are still climbing. Markets will remain spooked until the spade is turned.

>>14863029
Imagine only buying when the market drops 6000 points and not at its all-time high.
You won't have as much to sell at 666. Idiots.

>>14866733
>bend the truth to defend and serve their ideology,
To be fair everybody and every political system does this, but to do it about a crisis of global importance is egregious.

>>14861496
or maybe other manufacturer nations will attempt to fill the gap in response to rising prices. china's loss is potentially a huge gain for smaller operators all over the world

>>14861903
i'd argue that with the advent of hedge funds and high volume trading we already have a de facto planned economy

>>14861198
If that will is going to disappear then it's because you still have something in mind that's worth the effort. Stop looking for attention and go do that thing.

>>14861198
Do it.

its crazy to me that these threads are real

>>14862632
ironic because believing this requires you to assume that initial reports out of china were the truth but they're lying now. except everyone knows that the chinese are liars so they must've been lying before too. therefore, it is reasonable to assume that there's no corona outbreak there at all

>>14863515
your chinese friend is lying to you

>>14866870
lmao people have known about the coronavirus since late December but the govt didn't admit it until late January, your ignorance is showing anon. The first action the Hubei government took was arresting people for talking about it.

>>14866870
Based retard

>>14866879
wow so edgy dude

>>14866867
what makes you say that anon everybody in the world is talking about covid

>>14866888
just out of curiosity, can you name a single major incident the CCP has lied in substance about in the last twenty years?

>>14866911
Covid. Swine flu. GDP growth. Tiananmen. Falun Gong. Xinjiang. Treatment of Christians. But it's not so much the CCP itself as the culture that has been built up around it in China that encourages massive lying and lack of accountability. If you knew anything about China anon or had been there you would know what I'm talking about, there's a reason tons of people line up with suitcases everyday to go buy milk formula in Hong Kong and then cross back over to Shenzhen. But don't worry the CCP's heavenly mandate is being overturned so we won't have to worry about them for long.

>>14866933
so the legitimate government isn't credible at all, but a bunch of fringe groups with a specific axe to grind are totally believable? i got a bridge to sell you buddy

>>14865735
How is this place different from Xyzygy?

>>14866962
it's almost like you didn't read my post and don't know how face saving culture works in China. And I don't think the CCP is evil, I just think they are amoral pragmatists. Trusting them to tell the truth is just a simp useful idiot move, I have to say I really admire how the Chinese have been able to build their soft power in the past few years through people like yourself who are looking for a metanarrative to counter the western one (not a bad idea) and so latch onto the first one they can find. I totally see the appeal of lionizing the CCP in this way but encountering the reality of China on the ground will dispel any of these notions. It's really ingenious how they've managed to make supporting China a trendy thing for enlightened western skeptics like yourself.

>>14861303
>I've never actually thought out what would happen without existing infrastructure to care for my worthless dumb ass.

>>14865922
She’s right on this one

>>14861698
AAPL and MA
please do not buy Tesla

>>14861698
wait until the summer anon we've got a long way to go down

Why do you guys care about the markets? They mean nothing for you. This is all just numbers pushed around on a screen to make or break the executives at large corporations. It has almost no direct effect on day to life. The only reason it has an indirect effect is because everyone works for corporations and they’re so greedy that they’ll lay everyone off before losing their profit. Just take the attitude of “fuck them” and fuck the socioeconomic view of life. This is why everything is so shitty. Because people invest their concern into this shit and give them power.

>>14867062
seething poorfag lmao

>>14861273
non-linearity is a bitch

>>14867062
Plenty of normal people have their retirement savings tied up in them. Im not one of the, but it's a pretty common thing.

>>14861903
>>14861916
Correct

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

>>14866821
More centralized, sure, but firms still trade through the price mechanism.

>>14866821
More centralized, sure, but firms still trade through the price mechanism. That being said, the current degree of centralization isn't sustainable without a fair degree of intervention, which itself has increased the severity of malinvestment. Remember that bounce last week when the fed cut rates? That didn't last very long, and the recoil was pretty severe.

>>14867045
He’s a Hillary voter just blowing off steam

>>14867078
I’m a banker lol

>>14867160
Retirement savings, sure but people are acting like the sky is falling. All of these preventative measures you see and government response is to preserve the wealth of corporate execs and bankers. The fed admitted this last week. They’ll never talk about a Main Street bail out. They’ll inject liquidity and puff up stocks and bail out investment banks.

>>14867272
how can you possibly be a banker and not consider the implications of (long term) market downturn on pension funds, personal investors, etc?

>>14867272
The mall cop at the bank isnt considered a banker, anon

>>14861903
We already have central planning, idiot. It’s just a matter of who it benefits

>>14867486
There’s obvious long-term ramifications but that’s not what we’re talking about here. It will probably be sustained but at least so far we’re talking about a short term drop that only hurts the profit of large corporations and investors. Anyone else who lost big in this so far lost precisely because they put faith in the stock market anyway. They gambled their money on corporate profits. They quite literally gambled their money on corporate profits. Sure, there’s sustained downturn that means layoffs, but ask yourself how and why. Is it because this all impacts the layman directly or is it because the layman has been caught up in the stock market bubble? Our entire economy is a debt financed house of cards that has little to do with the worker these days and the fact of the matter is Main Street is not Wall Street.

>>14867562
>Yes I agree with what you said but have you asked yourself how and why?
Ftfy

>>14867546
This. I just want to point out last week that the Fed stayed its duty was protect the securities market. That’s code for keep corporate profits high while they lay off their workers and if it comes down to it they’ll start buying. I mean who do you guys think an economic stimulus plan would benefit? It’s the banks that get bailed out and the can just gets kicked down the road while the debt bubble rises and the everyman suffers.

>>14867583
I don’t agree with everything you said. I thought that was clear. Of course there would be “ramifications” if X happens, but X hasn’t happened and it has little do with my original claim anyway.

>>14867610
So you're denying that normal people are invested in the long term health of financial markets? You're not a banker, go back to finance 100 kid

>>14867631
I am and they are but not knowingly or or willingly is my point. The average American now works for a corporation and lives paycheck to paycheck. The only reason their livelihood is tied to the financial markets is because the corporation they work for would gladly cut ties with them and kick them out on the street before they let profits dip. I see it all the time how companies treat workers like chaff to trim away just to maximize valuations. This whole thing is a debt finance fueled bubble and the welfare of the Average American has been irrevocably hitched to the greed of corporations. The macroeconomic indicators are everywhere and I’m sure you could easily find a graph for CAPE ratios, median male wage vs GDP, Wall Street vs Main Street. Here’s an article talking about exactly what I’m saying.

https://seekingalpha.com/article/4274153-reminder-wall-street-not-equal-main-street

The Fed could easily reach out to Main Street but they won’t. They and Trump will talk to Wall Street execs and big airlines and such and if need buy stocks and bail out the banks while inflating the market more and more and encouraging Americans to take on more and more debt and increasingly hitch their wagons to a debt bubble that profits banks and not small businesses and not workers.

Told you guys it was time to buy.
https://youtu.be/kMFJBd40Awo

>>14867892
Okay so what's you're point? A few posts ago you were talking about how the markets mean nothing to a normal person, now you're talking about how most normal people are stuck at the will of the markets and why that's bad. Which is it?

>>14868000
Well, yeah sorry. I guess I wasn’t clear and I want to reel back what I said originally. It just bothers me I guess. What I mean was people shouldn’t be invested into this in the sense that they think hits to the stock market are hits to the economy. It’s hits to corporate profits. I understand why they care but that caring is the reason that that this is the situation in the first place and it’s the reason the can will continue to get kicked down the road. When stocks drop, corporations lose profit, not Main Street businesses but because corporations want to keep their profits, they’ll lay Americans off and the Fed will come out and cut rates and encourage taking on debt and do all of these things which protect big business but hurt Americans. For that reason, they should disconnect entirely because worry about it gives it that power of them is my point basically.

>>14862250
Absolutely and unironically based.

>>14862006
I almost hope your right because this phony system deserves to come down. If it gets that bad the Fed will pull out all of the stops to kick the can down the road and start buying securities though. The captain won’t go down with the ship.

>>14861270
tl;dr

>>14862250
An actual Christian wouldn't mock others misfortune.
Have sex you larping incel.

>>14861374
sad video

>>14868257
not that guy but Christianity is pretty vindictive in tone when talking about how sinners who fail to repent will be punished

>>14868257
>An actual Christian
these people do not exist anymore

>>14869398
yikes

>>14869530
You will never know the ever-present fear of God like your ancestors did. You can go to church everyday and truly believe you have faith but it will pale in comparison to the perpetual religiosity of true Christians. The average French peasant live in the Kingdom of Heaven and all you can do is stare at God's corpse and pretend he stares back while nihilism drips off of you every thought.

>>14863524
That guy is a retarded ideologue. Your analysis and predictions seem fairly accurate from what I have gathered. You are missing an important aspect, however. Due to the highly infectious nature of the virus it will grow exponentially and overwhelm the surge capacity of healthcare systems. This will cause the mortality rate to rise substantially as many that suffer from the severe pneumonia caused by the virus require a ventilator to survive and there are only a limited number of ICU beds with ventilators available at any given time. Furthermore, due to the exceeded surge capacity others will start dying from other unrelated ordinarily preventable causes as they will be unable to go to a hospital to receive treatment.

>>14861198

It's so fun seeing the wolves of Wall Street and /biz/ go into a total meltdown over their stocks plummeting. I hope SARS-Cov-2 continues to do more of the good work.

>>14862250
>imagine people working together lmao cringe
??
also neoliberalism =! materialism on pretty much every degree imaginable