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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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19105663 No.19105663 [Reply] [Original]

Im not a bear I just act logically but the printer is raping my ass. This is a farce, us goes from 20 to 36 million new unemployed in records speed. Who the fuck can seriously look at figures like this and act bullish. Jerome you fucking faggot you will burn in hell for this

>> No.19105721

>>19105663
Every 1% that DJI goes down 300 people commit suicide. Do you think it’s acceptable to let people die to save your account?

>> No.19105771

>>19105663
Our government will never let the markets truly crash, so you're a dumbass if you aren't buying the dip right now. My only stocks making me money are biopharma, but I'm not concerned since most companies that I'm invested in have huge reserves of cash.

>> No.19106203
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19106203

>>19105721
yes

>> No.19106216

>>19105663
Capital and labor are no longer related. The dislocation is permanent. Your income will continue to be inflated away, while stocks continue to go up forever. The elite have won this time.

>> No.19106220

>>19106203
Stay poor then.

>> No.19106225

>>19105721
That sounds like a crock of shit

>> No.19106231
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19106231

>Stay poor then.

>> No.19106364

This fat bitch meme market is gonna crash hard and we're gonna be sent back to the neolithic, and all the struggling the Fed is doing is digging the hole deeper. Our Government shit the bed and they're trying to unscramble an egg by committing their efforts in all the wrong directions.

Patience will reward those who can afford.

>> No.19106430

>>19105721
Lol imagine having hands this weak

>> No.19106444

>>19106216
what about capital and consumption, retard?
who is gonna buy all the stuff you manufacture if nobody has income.

I already /biz/ was a bunch of retards, but this is the pinnacle of today's stupidity

>> No.19106460

If they can't pump the S&P back up to 2900 this rally is confirmed fake and gay.

>> No.19106475
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19106475

>>19106364
>thinks people prefer to live in the Stone Age because it’s “the truth” rather than accept artificial digits on a screen

>> No.19106495

>>19106220
Stay in india.

>> No.19106500

>>19105663
Poor Jerome is doing his best , the system is what's broken.

What does it matter if jerome does 3tn brrrrr if trump and mnuchin go out to attack alternatives to the usd , pumping the usd even more causing more deflation.

It's all so retarded.

>> No.19106511

>>19106475
>implying we're gonna have a choice

>> No.19106574
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19106574

So are we going to pretend we don’t have robotics and automation to shore up job losses and fill the labor gap without worry of spreading kung flu? Most of those fires are dead weight. Most of these companies are dead weight. The strong will survive, adapt and automate to avoid your bobo circle jerk. It’s already been happening why not speed it up? Trump will probably fund it when the essential industry players start to cry.

>> No.19106608

>>19106444
trips of truth checkd

>> No.19106678

>>19106444
I can take lower margins if my factories are automated, labor costs low, and if the brrrrrr money is vested before inflation the US can fund a robotics revolution unseen before. But this may also cause a revolution because the implication is obvious. But who cried for the thatchers and masons as they became irrelevant? We just pivot as a society and breed more programmers and foster an even greater knowledge economy.

>> No.19106735

>>19106678
The thatchers and masons were killed in pointless forgotten wars. Good luck getting the west into a shooting war with anyone who will put up a fight without your children speaking Mandarin.

>> No.19106740

>>19106678
Do you think a bunch of angry poor people who hate mexicans for taking shit jobs they dont want are just gonna let robots take all the employment opportunity in a 20+% unemployment environment?