2024 Economic Collapse

  • Want to keep track of this thread?
    Accounts can bookmark posts, watch threads for updates, and jump back to where you stopped reading.
    Create account

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
Osama Bin Laden said:
and this is why you should bury your cash on your land rather than allow the government hold your money
Click to expand...
The government has this neat trick where they can remotely suck up your cash even if it's buried six feet under in the middle of your 4000 acre estate. It is called inflation.
 
SCV said:
The government has this neat trick where they can remotely suck up your cash even if it's buried six feet under in the middle of your 4000 acre estate. It is called inflation.
Click to expand...
Which is why you invest in stuff that will maintain their value. Even simple shit like Lego is really good for this. By a bunch of lego sets, keep them boxed and they'll up in value by a lot when they retire.
 
IMG_0429.jpeg
 
Jaws Of Hell said:
Someone explain why this is happening pls?
Click to expand...
The current one? Unemployment broke 4% and that's traditionally an "oh shit" sign for a bad economy + Gulf War 3 / WW 3 about to break out in the middle east + the economy has been propped up using duct tape to seal holes and running a money printer's output directly into a bunch of jews' veins for the past 16 years at the cost of literally everyone else and that WILL fail eventually (and all signs show it's going to be soon).
 
Honestly thought they were gonna tank the economy if Trump got elected but I guess the dam cracked too early. They'll still blame it on him if he gets elected.
 
Buck Breaking SS said:
I wonder if the gpu prices will drop in non-western countries. I won't buy one either way but still...
Click to expand...
GPU's have only been going up in the last few months. That's what I know when I built my PC, I got lucky. The time to buy was then. Literally just save your cash.
 
Jaws Of Hell said:
Someone explain why this is happening pls?
Click to expand...
Here's the Japanese angle, as I understand it:
The Bank of Japan was still handing out extremely low interest-rate loans until a few days ago. They have now started cranking interest rates back up from zero, which has also cause the Yen to strengthen against the dollar. Many groups have taken out loans in Yen and converted the Yen to USD or other currencies in order to invest. Now those groups have to start making interest payments on their loans, and the conversion from USD back to Yen is looking a lot less favorable so they have to dump a lot of stonks. This creates a lot of pressure to sell.
 
So how long until we see the inflation from the inevitable fed injection?
 
What particular commodities or products are linked to this potential recession?

I know inflation is a driver here, but there doesn’t seem to be any bubble like with the Great Recession and housing, the Dot Com burst, the 1989 downturn following the ‘79 oil crisis. I always associate economic downturns as having a connection to real-world pressure points, not just abstract shifts and corrections in the stock market, but would appreciate being corrected if I am wrong.
 
[Harris ad plays talking about how strong the economy is under Biden/Dem control]
[Now back to NBC talking about the stock market crash]

It's a beautiful sight.
 
You must log in or register to reply here.
Back
Top Bottom