2024 Economic Collapse

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Is it Joever?

  • It's Joever

    Votes: 87 16.1%

  • We're just getting joeing

    Votes: 254 46.9%

  • Kill yourself furfag

    Votes: 201 37.1%
  • Total voters
    542
Glowzigger said:
Just in case should I short everything? Some news popped up about intel getting wasted
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Intel was going to hell before this because they fucked up big time and their latest fancy gen of CPUs are all DOA and going to fail.
They cut corners where they shouldn't, tried to cover it up, and got found out.
Their CEO is reading bible passages on twitter. Dude is like another 10 dollar drop away from blowing his brains out.
 
God I sure am glad I live in a Society built on fake numbers that nevertheless cause the whole world to catch on fire when those numbers go in the wrong direction.

There is no greater aspect that makes Clown World what it is.
 
I think tech is gonna dive over the next week but I'm not sure it'll unseat the entirety of the market. I feel like at least in the short term there's too many factors in play for total collapse.

But tech? Tech is fucked, crypto will follow. Japan is fucked because their economy almost exclusively consists of tech, they're cooked. But other markets can still stand even if tech is hemorrhaging, albeit on shaky legs.
 
Pargon said:
God I sure am glad I live in a Society built on fake numbers that nevertheless cause the whole world to catch on fire when those numbers go in the wrong direction.

There is no greater aspect that makes Clown World what it is.
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Most of the problems we have is because society is TOO efficient on one side of the scale (raw resource extraction and manufacturing). The result is that there are too many humans and not enough jobs to accommodate them.

Hence why a good 70% of the job market is bullshit built on fake numbers, government subsidization to offset cost and the manufactured need for more useless employees.

Which is why most of the bullshit is relegated to white collar office jobs that effectively do nothing all day. This has had unintended and disastrous consequences from monopolization of certain industries to the labor crisis in manufacturing/raw resource extraction.

In essence, society is fucked because the powers that be were either incapable or, more likely, unwilling to come up with a long term solution to the problem of there being too many people with nowhere near enough jobs.
 
Tech has been in a bubble since ~2021 but I'm surprised it burst this early. Just wait till investors realize 99% of all AI projects are retarded and will never earn a profit, now that will be funny.
 
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Us on Kiwi Farms right now.
 
Once the US Stock market opens and all goes to hell. Should I just drop 1k in an index fund or spread it out between shit like Amazon and Apple? Basically just a very short term buy and sell it back and put it in my savings when shit is relatively normal again.

I'm not too familiar with the stock market so idk if i should trust my money with hellspawn like BlackRock or Vanguard.

From my reading I can tell index funds are the safe "Im a retard!!" Option but is there any major cons to it in my case?

If yall have any other advice for a brokie college student lmk :)
 
IsaACKRepentance said:
From my reading I can tell index funds are the safe "Im a retard!!" Option but is there any major cons to it in my case?
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The long and short is buy S&P500 ETF's if you're an idiot who buys their groceries at whole foods. If you think 90% of the stock market growth is in megacaps, either get a megacap ETF or buy microsoft and company.

However, you are a broke college student so my advice is find a spouse, get laid, and split your living expenses with them. Stocks are for people with money. You live off of government loans to purchase a degree that may or may not be relevant in your future work. Idk, go rack up credit cards with a few 100k of debt and declare bankruptcy.
 
IsaACKRepentance said:
From my reading I can tell index funds are the safe "Im a retard!!" Option but is there any major cons to it in my case?
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Index funds are a safe option in the long term, such as for retirement (assuming you shift it towards bonds later on to minimize risk). In the short term like you're describing, indices can fluctuate just as unpredictably as individual stocks. An index won't crash to zero but a red dildo can occur on any given day.
 
Zashaiba said:
I will eat my own shit and post the video if there is an economic collapse, by which I mean SHTF. It’s just gonna get a little uncomfortable but nothing beyond that.
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I would like to inform any one saying 'SHTF' won't happen that London is one of the biggest places in the economic world. It is currently in a country where race riots are going on and the government continues to add fuel to the fire. Shit is already hitting the fan and it's a matter of how far it splatters. If it hits London there is a good chance The city will be one of the targets considering how many of the politicians are stock market millionaires.
 
Shiverpeaks said:
I would like to inform any one saying 'SHTF' won't happen that London is one of the biggest places in the economic world. It is currently in a country where race riots are going on and the government continues to add fuel to the fire. Shit is already hitting the fan and it's a matter of how far it splatters. If it hits London there is a good chance The city will be one of the targets considering how many of the politicians are stock market millionaires.
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Ok tag me or something when London’s burning.
 
Shiverpeaks said:
I would like to inform any one saying 'SHTF' won't happen that London is one of the biggest places in the economic world. It is currently in a country where race riots are going on and the government continues to add fuel to the fire. Shit is already hitting the fan and it's a matter of how far it splatters. If it hits London there is a good chance The city will be one of the targets considering how many of the politicians are stock market millionaires.
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I could not give a singular fuck about London's race war meltdown, and neither does most of the world other than the interest of popping popcorn and watching it go down. Not an indicator of the economy.
 
Zashaiba said:
Ok tag me or something when London’s burning.
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London doesn't have to burn to make the stock market panic. The UK is seen as one of the most stable places in the world. In terms of investment a London house is better than a gold bar in the eyes of many. With the UK being less stable a lot of 'money' is being put at risk because that safe bet housing port folio you're using to store your money in something less volatile is now very volatiles.

Sketchy Minecraft Mod said:
I could not give a singular fuck about London's race war meltdown, and neither does most of the world other than the interest of popping popcorn and watching it go down. Not an indicator of the economy.
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You don't have to. The investment groups you're dealing with DO care because a lot of money is held in UK properly as it's constantly going up in price and considered pretty safe to hold it there.
 
Shiverpeaks said:
London doesn't have to burn to make the stock market panic. The UK is seen as one of the most stable places in the world. In terms of investment a London house is better than a gold bar in the eyes of many. With the UK being less stable a lot of 'money' is being put at risk because that safe bet housing port folio you're using to store your money in something less volatile is now very volatiles.


You don't have to. The investment groups you're dealing with DO care because a lot of money is held in UK properly as it's constantly going up in price and considered pretty safe to hold it there.
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FYI this nigger has been here for two months and spams all day and night about foreigners in the UK. Everything is about the nasty nasty foreigner (but he don't do anything about it himself). He's either retarded or some kid or police.
Ignore him
 
CaptainAutism69 said:
FYI this nigger has been here for two months and spams all day and night about foreigners in the UK. Everything is about the nasty nasty foreigner (but he don't do anything about it himself). He's either retarded or some kid or police.
Ignore him
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Typical Bong thinking the world still revolves around them, I sleep
 
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