10 minutes till the collapse of the fabric of America get in here
yeah, BRICS are fucked
America wins again you commie shits. I'm ready to make America great again, are you?
it's the January hike.
business gets slow on the fIrst 2 to 3 months of the year then take off by spring and summer.
literally every single business cycle.
you fucking tin foil fucks are shit on economic and probably worst on business.
stick on what your good for; making trump circle jerk threads and trump damage control threads
The meme magic wheel is off it's axis we pushed it to hard
We were never suppose to abuse it the way we did now everything is memeing into reality I woke up in a different house on New Years and the night before I drank I was talking about getting a new house
Shits too real now
Our fall was US base.
And Germany sure as hell felt it.
Since we have alot of trade with em, this could pose as either really great for us, or China gonna call our Debt
China cant call anything, treasuries have fixed maturities and they will only hurt themselves if they dump this stuff on the market. All these shenanigans will actually make it easier for the US government to borrow.
American in China today, everybody in the train station was checking stocks on their phones like mad. I saw a guy in a suit on his phone yelling at someone, probably his broker, to sell it all right now. what an idiot. Hold onto you renminbi lads
out of 17500
Yeah... totally happening... America is doomed... again...
BTW Israel just invaded Lebanon and told civilians to find a new country because they no longer consider Lebanon a valid government, Syria here we come
For reasons of yes, I'll over blow things
>Milk if Collapse-$320
Our paper money would become that.
>Start buying wheelbarrows to sell, wallets are so 2015
IT"S GAME OVER MAN, IT"S OVER, WE'RE FUCKED, MAN!
Protip: unless you want being a landlord to be a full-time job, consider having a property management company run the operation for you. You can have years of good no-problem tenants and then the next one will make you want to burn your own house down and walk away.
Gold is not a scam, though. But for 99% of people out there is should not be viewed as anything more than a way to diversify savings that you don't have anything better to do with than save.
this is accurate, desupai.
can you imagine trying to falsify demand to support a growing supply just to keep up the facade that china isn't 2 steps away from total collapse as a country?
great times we live in.
its a bunch of kids with dad money pretending to play at stocks no more no less
no wonder they love trump he is just like them: a joke given everything just to squander half of it
Dollar is going down, Euro is going down, every currency in the world is in downfall, except for gold and oil, which are the mother materials.
That means that the market is selling every company action and moving to the safer. We're entering a big recession.
ive been waiting so long, I don't even care anymore
let the stocks crash, ill still be poor
>Protip: unless you want being a landlord to be a full-time job, consider having a property management company run the operation for you
>Gold is not a scam, though.
Not a scam in the real meaning of the term. But a scam in the fact that I too often see people with small capitals putting 10/15% of the entire capital in gold, which unless traded yields nothing.
I have some gold, but I'm already more than financially stable
I'm a broke fuck, and have no stocks.
I just like world events.
/biz/ is a terrible board. its like /s4s/ 2bh.
They can't stop the selling.
The Fed must step in soon, we need a couple of trillions in fresh money.
Omg this Happening is almost as bad as the September Happenig that never happened.
Fuck off Happening faggots. This is Trump's board. Take your shitposting to leddit and your 9gag tier maymays.
Well it has worked for the last 15 years so why not do more of it.
Is shit actually going to collapse this time, or is like the other "happenings"
Off of the US soil.
>Pretty global thing to me m8
It's been nice thread so far.
Habbening or not
So much this. I took a long position a few months ago on USD/CNH expecting china to continue devaluation. The problem china ran into was an outflow of capital and the higher the exchange rate went, the faster money left. So they reversed themselves by dumping US debt to support their currency and I had to exit the position at no gain/loss. The exchange rate is skewing higher again(!) and outflows are continuing. China fucked itself, it had a nice virtuous cycle going but they forgot about the vicious one that succeeds it. Inflows can always lead to outflows. This is (probably) why bitcoin took off, it was one of the few ways to export cash to america. Since chinese buyers entered bitcoin, they drove up the price and escaped to HK/AU/USA on "investor visas" or "pay for citizenship" schemes. The credit crunch will only accelerate as wealthy individuals attempt to preserve wealth by moving it offshore or in the case of global investors, retreat from china altogether. AU has seen major inflows already into real estate(their property bubble is partly chinese investors leaving the mainland) as has california(see san jose-francisco property prices). The flows into AU/USA/CAD may be great for us but hell for china, in fact china basically said "give us back our rich people" to which america said no. We want the rich chinese bringing money here.
This. People are getting worried over nothing.
If the DJI drops by over 1000 points, that might be something to worry about.
Either way, oil is up by 2%, which is good for our dollar, so I'm happy.
I know they're all down but which is crucial to the crash.
I'm betting nothing will happen but I can't help think of my rich af boss and his factories in shenzhen holding up his empire.
We depleted it with the "no more dead frogs". That's why the happening was not as significant as pic related.
I'm going to give the meme aether some time to refill its stores. 3 days in a row is too much.
Some music is very valuable. What kind of music do you like? I hope you understand.
Shanghai Composite is the main one with Shenzen. If you want to look, there is an etf in the US that trades under the ticker ASHR that tracks the A-Shares in China, even though its not open in China right now, it trades in the US. China was closed at -7% but this index is at -8.75% so this would imply a further 1.75% in China as soon as they open
Fat fuck died when I was 13, so, no.
>Economy crash in another country
>Compared to noodles spilling
Why looking for a fight? I'm here to see if Chaos happens.
If it doesn't, I still learned somthing.
Take the rod put of your ass man.
SELL SELL SELL SELL
>mfw albos get blamed for this lel
Thank you mate... fucking boomers and their ancients complaining to me all my life about the recession, and money is about to lose all meaning in my lifetime. Will I be hiding in a government bunker disguised as a toll tunnel by this time next week?
China has gigantic foreign reserves. It can keep this cycle going for at least another 5 years if it wants to. This isnt about the exchange rate, its about the Chinese economy itself.
yes good goys "SELL SELL SELL"
most likely not, but my 5-10 year outlook is extremely negative, everybody focused on China, but the main problem will be Japan.
If you want to be freaked out, watch some of Kyle Bass videos on Japan, they are so fucked its funny
It probably has a -1 coefficient to regular market stuff.
I'm guessing that it was put in to balance your portfolio.
If this is correct, then the actually market dip is supposed to be -23% instead of -2% or -5%.
>the main problem will be Japan.
hasn't japan had the same problems for 30 years now and somehow continuously put off anything happening?
oh shit, when it happens will we see a mass exodus from japan to the west, or a mass importation of skinnies to japan, or both?
The main problem in Japan is that demographic (they are super racist so they dont have immigrants).
Not having immigrants is a problem in a society where the social security system is a Ponzi scheme and people are not breeding like nigers in Africa.
pretty sure they can't make us pay back our debt ahead of schedule.
i think it's that they've been propping up their own growth and expansion, and the contraction of real demand is catching up?
and now they're sitting on a stockpile of produced goods that aren't selling so the value of all their shit is dropping?
so they're taking the debts they have and selling them off to other parties at a loss to keep funds flowing?
so instead of owing china money, we owe other people money now?
oh god i'm so confused.
doesn't this just result in the adjustment of the social security system and screwing a generation over?
also, a general question, why hasn't the west adopted a social security system predicated on stable populations. fuck i hate politicians for being politicians instead of planners.
Last year rates hadn't risen yet. They are now .25% higher. Small, but relevant to the world of finance.
memes aside, this is mostly contained to China for now. The BRICS are dead, China is about to get completely fucked. Longer term, this whole collapse is happening since Americans aren't buying as much crap as they used to.
As for the elections, who can say? Either way long term China is fucked since they're now starting a territory dispute in the SCS with us. This is a battle they cannot win, as we'll either end up replacing them with another south pacific country or just ending free trade. Either way they have chosen their path and foreign investors have wised up to it. Now chinese investors are.
Damn son. I hope to see China kill in my lifetime. It will be interesting for many reasons, not just trade and finances.
Check these digits, senpai.
First question, yes, problem with that is that people don't just acept that, crime wil go up, nationalism rise etc... we are seeing the tip of that, there is more to come
Well they need to get elected, they need to give some gibsmedat to the population or they just wont be elected so they plan the social security system based on illogical assumption of population/gdp growth
DEAD CAT BOUNCE
>DEAD CAT BOUNCE
DEAD CAT BOUNCE
>DEAD CAT BOUNCE
DEAD CAT BOUNCE
>DEAD CAT BOUNCE
DEAD CAT BOUNCE
>DEAD CAT BOUNCE
DEAD CAT BOUNCE
>DEAD CAT BOUNCE
DEAD CAT BOUNCE
>DEAD CAT BOUNCE
DEAD CAT BOUNCE
>DEAD CAT BOUNCE
DEAD CAT BOUNCE
>DEAD CAT BOUNCE
Nothing is contained. The European index is down over 4% and that has more to do with mideast tensions. There are bubbles everywhere and ww3 on the horizon which may go nuclear with sa/iran
oops, the markets went down, it was just a malfunction!
I'm an Amerifat on vacation and also an economics major
You're fucking retarded and have no idea what happened to insurance companies like AIG to think only people with stocks were close to losing all of their money
Look whose doing the best today.
Russia, Israel and Sri Lanka
the world can still operate without money. just because some bankers go broke, doesn't mean electricity generation stops and suddenly we're hunters and gatherers again.
fuck, how jewish are you?
dude I have MSNBC on in the background and there is literally a commercial running for people to buy in to the next insurance scam because
>there is a written gaurantee you will never lose money on this
Holy fuck. Is this LTCM all over again?
>just because some bankers go broke, doesn't mean electricity generation stops and suddenly we're hunters and gatherers again.
How should I dumb this down to someone with no knowledge of how the economy works
AIG and other insurance companies were on the brink of all going under thanks to those kikes promising insurance on toxic assets
Those insurance companies handled everything to insuring people's lives TO FUCKING UTILITIES LIKE ELECTRICITY
THERE WAS MORE TO THE FINANCIAL CRISIS THAN FUCKING INVESTMENT BANKS YOU DELUSIONAL RETARD
>rates having anything to do with this
>ending free trade
>Armericans arent buying as much as they used to
>SCS has somehow to do with this
Its like you googled China and finance and put everything in a single post.
POLAND STAHP! I AM GETTING THE SPOOPS!
Is this like inflation-protected treasuries? You think these kikes will stop at nothing, but I'll tell you one thing you will never, ever hear:
>oops, the market went up, it was just a malfunction! we had to shut it down!
you seriously think they'll just shut everything down just because they can't pay some bills to their jewish overlords in jew york?
utilities would just say 'fuck off we're keeping the lights on' and the death of fiat money would be final, as it should be.
and yes the utility works would work 'for free' because those utilities keep their families alive.
you economics people seriously think money is all that matters. the world can get along 100% just fine without it. a barter system would replace it within weeks if the financial system crashed. that is, if welfare niggers could be kept from destroying infrastructure.
No. It's like a CD, but since it's not issued by a bank if they fail you lose your money. so you get a bunch of old people who get excited to get a guaranteed 3% interest and then get hosed
not a single person posting who seems to be directly affected. Can we get some professional opinions?
Rates are marginally higher now ergo US investors are more cautious with their money. This is a problem for the BRICS. Meanwhile China's antics in the SCS are directly causing US policymakers (such as the navy) to look for other partners in the south pacific, not China.
And under all of this is the fact that Americans are not buying as much things as they used to, which means less potential profit. It's all coming down and the most fragile economies, namely ones that make plastic crap/mcdonalds toys, are the first to go.
If you honestly believe that public utilities would just stay on for free forever you need only look to fucking Detroit to see what happens when there's no longer money to pay for basic things like water
Bottom line is had all those insurance companies (and investment banks to a lesser extent) failed we would have seen the greatest happening of all time
They're just going to raise rates anyway. If solar makes sense for you, go for it.
>3% interest rate
Dayum. I remember when PayPal had like a 7.something% interest rate. That was before they took the interest rate down to .00002% or whatever it was, and then sent me an official email that they would no longer be offering the option to keep my balance in a mutual fund. That was years before the housing thing.
What's the inflation rate these days? More or less than 3%?
that's because the economic system still exists and detroit can't keep up.
in a total collapse, a replacement would work itself out pretty quickly.
my point on welfarites can't be ignored, however. people that literally have no use on this planet other than to consume products using other peoples' money, is the biggest threat to a post-fiat currency planet. and there's 100 million of those people in America alone.
Rates are sill extremely low and 0.25% wont change much at all.
All the short term speculation in the Chinese stock market is done by the Chinese itself. Foreign investors only own a small fraction of publicly traded Chinese companies.
>Americans are buying less
This is plain wrong.
damn looks like it's time to dig out the old hat again
If a world without an economic system of any sort isn't the stone age then you and I have fundamentally different definitions of the word
Kikes on Wall Street that you have never met or interacted with have had monetary stakes in everything from your home to your medicine to your life insurance, it's how the world works now
that was one of my earlier points. you, as an economist, only sees things through the eyes of finance. you can't conceive of a world without it.
i on the other hand, am a retired electrical engineer that is currently running my family's smallish farm. also, i have zero debt. from my viewpoint, the world can work just fine without 'cash'.
Well considering currency has existed in some form for at least 4000 years you living on a farm providing for yourself would have it better than 99% of people, so no, I am not only looking at it from an economic perspective
People with illnesses and other needs which currently demand a large amount of capital would be fucked
Also your debt is irrelevant because even if I owed a million dollars the company I owed it to would have ceased existing anyway
>People with illnesses and other needs which currently demand a large amount of capital would be fucked
yes, the world definitely requires some 'population trimming'. i'm a pretty big proponent of doing away with useless people, as a devout
Catholic, it's probably my least admirable virtue...
Man this poster is delusional. Sure, people can still go do physical labor without money, trading their work for other work or necessities. But it would be nowhere near the efficient system we have in place with a stable and functioning currency. Everything we do is tied to it.
How will your utility workers get to their job?
Who will deliver the fuel to the gas stations?
Who will refine the crude into the fuels?
Who will work the oil drilling rigs and maintain transportation networks?
Who will do the same for every other commodity we depend on to fuel our power grids and feed our processing plants?
Face it. If the market crashes and doesn't recover soon, then shit will hit the fan.
With that being said, this is probably just another bump in the road and we will see the market recover today.
Well now you've just exposed yourself as an edgy nihilist
You have capitalism to thank for the machine you're shitposting on currently and even if you'd be able to live perfectly fine without it and with a life expectancy of 50 years you'd never have gotten it in the first place if people realized currency was convenient
P.S. I'm also a proponent of pop. control but only for shitskins with 4+ child birthrates
Ohhhhh stock market boke whi boi, crumb back rater.
There's complicated math behind this shit
But that math doesn't stem from "predicting" what will happen and whether a stock will go up or down, that shit is all a casino
The complicated part is analyzing how the kikes with big money will react so you know how to protect yourself
>the world can work just fine without 'cash'.
indeed it can, and it does.
the only people who will be affected by this are idiots who own stocks. morons who work for traded companies, and welfare recipients
when the welfare money stops, those bitches go crazy. national guard will have to mow them down in the streets by the thousands as they march on washington to get the money obama owes them.
a lot of people will need new jobs, but there will be more jobs if there is a collapse
those of us who grow our own food will have to defend ourselves, from all the stock traders that are picking through our garbage cans looking for food. they will have it the hardest, a lot of them will probably off themselves, because they have no useful skills to contribute to society
You haven't dismissed this "farmer"s logic. You have this "it's always been like this" attitude that makes you look stupid.
I like it how literally nobody can make any kind of accurate predictions about market economy. It is so unscientific it makes one cringe.
Look guys, this is small burgeoise. He owns some means of production and works them himself, making his own labor his living and occasionally hiring someone to help him in his work. When he finally gets to the point where due to scale of productions it is more efficient to hire someone then to work himself at all he will become burgeoise.
.4k of 17k is literally nothing. And 17k or what? What is the denominator? Why are we paying attention only to the numerator?
I leave the overcomplicated math to the math people. Some of them can eek out some arbitrage somewhere. I'd rather view it as an investor.
keep them. mexico's economy is pretty strong right now, relatively speaking.
protip: the welfarites flooding our border arent mexicans, they're from even shittier countries, for the most part.
How did I strawman? He literally stated an anarchistic world without currency isn't stone age tier
I never stated that it would be the apocalypse but that collective human development would be halted for a while, which is 100% factually true without money
I know what an index is. An index is a way to rig public perception by cherrypicking the numbers that back your story.
Why don't you put your money into the VIX or something? It's going to go UP-UP-UP JERRY! YOU'RE GOING TO MAKE MONEY NO MATTER WHICH WAY THE MARKET GOES!
Money is frigging nothing. It is just paper we believe holds some value. All that matters are goods produced and the means goods are distributed. One of the means to distribute goods is money.
Protein: the real "value" in money is the promise that we can get something else for it
Do you honestly believe a world where you have to trade to buy shit like a car will foster human development as easily as one where you can do $2000 of work and then use that money?
Can you read? I said:
>All that matters are goods produced and the means goods are distributed.
Look. Everyone's working and producing stuff. They get money for their job, which then is spent on goods produced. You can use instead of money any other way of distributing things, it doesn't matter. Society as a whole produces things, society as a whole distributes them within itself.
>keep them. mexico's economy is pretty strong right now,
no, you don't understand. I got stuck with 1980's mexican pesos when the peso collapsed. the old peso is worthless, replaced by the new peso. they are not interchangeable. same will happen to the US dollar it will be nothing but paper.
What is the significance of the "running total"? The fact that it always has to go up kind of makes me think this whole indexed market thing is a scam. Perpetual growth isn't exactly logical.