/biz/ - Business & Finance

Amd puts nigga

>>16648643
You don't think that the trade deals with China and eventual ones with France,the EU,and Japan will boost all markets?
Did you not see the infrastructure bills ,space force, eventual medical reform,and 5/6g benifiting providers like Nokia and att getting passed that will stir up another roaring 20s?

I think the market will be fine for a long while as long as trump keeps trying to bring world peace,as long as NK,some Democrat,or a Jew doesn't co e along and fuck it all up.

Where the fuck is the AMD Chad?
Did he finally coom too hard over this stock?

>>16530363
Naw nigga this a dead cat bounce,calling anoth -10% by ah

Doubling down

>>9400655


29 something hoping to actually get to live a happy retirement, put me in plz, my 10k portfolio is bleeding.

>>1448829
>huge debt
>not a bad thing

Are you working in a bank by chance?

Seriously though, it is a real problem as the way things are going it only takes one country to fail its debt payment obligations and the follow on effect of their default will set the rest off.

You have to factor in the government itself too; they offer us services, in return we pay taxes. Its the social contract. If the cost we pay is too much higher than the services we receive and people either riot, or move elsewhere, taking their cash with them.

Rogoff and Reinhardt's book "This Time Is Different" put forward a widely accepted theory that once the ratio of debt to GDP exceeds a certain level, growth is impossible. There is argument over how much that is, but its 70-99% .

The 2007/8 crisis revealed that many nations in the EU zone were illiquid as their spending exceeded their income.
The bailouts happened because not bailing out the banks would have been far worse as the debts would have to be recalled, from those who couldn't pay (as noted above).

Thus the taxpayer footed the bill. And it created a LOT of resentment. (Consequently why we are likely seeing a resurgence in alt-right and third party candidates across the developed world)

Its a serious issue, as to solve it there are only 2 options:
Pay it, or don't pay it.

Not paying it creates the debt spiral and social contracts are broken and nations will literally fall.

Paying it requires the current generation to get taxed 100% their entire lives and have their kids pay of the interest - Interest rates being at the physical lowest point ever right now, which will NOT last forever.

Thats untenable. So basically, the world governments are playing pass the parcel to avoid the political bomb that is a massive financial crisis that really is as bad as the Great Depression.

Niggers being morons and thinking debt isn't an issue are as dumb as fuckers who think the housing market will only ever go up.