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/biz/ - Business & Finance

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51248053 No.51248053 [Reply] [Original]

We are entering one of the biggest economic downturns of the last 50 years and most people on this board are still holding magic internet money.

>> No.51248066

>>51248053
We should all learn valuable skills such as fishing, gathering wild edibles and general craftsmanship to survive whats going to come.

>> No.51248083

>he unironically believes that the financial world is logical
ngmi embrace clown world

>> No.51248107

>>51248083
>he unironically thinks he's smarter than OP
ngmi embrace humility

>> No.51248124
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51248124

>>51248053
>We are entering one of the biggest economic downturns of the last 50 years and most people on this board are still holding magic internet money.
Wrong.
According to (((mainstream media))) the economy is booming.
I mean, come on man, haven't you seen those hilarious Dark Brandon memes from Reddit!?

>> No.51248176

if i get fucked, i was getting fucked anyway. if i get it right on a fluke, i win

>> No.51249397

>>51248053
The real paper money is worth as much as the magic internet money now
You need to invest in precious metals, like say, can shaped ones, containing food, because there's going to be no food

>> No.51249464

>>51248053
It's not going to do the big drop until after the midterms

>> No.51249502

>>51249464
If democrats lose they will crash the economy you can bet you ass on it

>> No.51249518
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51249518

>>51248053
>of the last 50 years
bruh, this is bronze age collapse 2.0

>> No.51249531

Crypto isnt going anywhere

It can drop to 10k or 5k

The better coins will survive and 10x your entry

>> No.51249550

>>51249397
What’s the ticker for food ?

>> No.51249570

>>51248053
>we are entering
>we are
>he doesnt know
weve been in the biggest economic downturn of the last 50 years, you retarded bobo. where have you been?

>> No.51249596

everyheard of a financial crisis in war times?

>> No.51249636

>>51249596
There is no greater way to induce industrial demand than to start a war. Right now it looks as if like China has a gigantic surplus of steel they need a excuse to dump in the ocean.

>> No.51251459

>>51248053
i don't hold any funny money but i have put all discretionary purchases on indefinite hold. i should probably be debtmaxxing right now but i feel the inflation give way to great-depression-style deflation.

>> No.51251506

>>51249397
don't fall for the canned food meme, the shelf life is like 2-3 years max.

>> No.51252848

>>51251506
True. Freeze dried is the best, but it's also the most expensive by far. I recommend a 50/30/15/5 freeze dried/dry/canned/frozen ratio, personally. Seems pretty well balanced.

>> No.51252885
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51252885

>>51248053
I'm holding land. Guns, firewood and trading cards.

>> No.51252903

>>51248053
>50
try 500

>> No.51252911
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51252911

>>51248053
>We are entering one of the biggest economic downturns of the last 50 years and most people on this board are still holding magic internet money.

>> No.51253136
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51253136

>>51248053
why do transgender folks keep insisting that we are going into le huge depression?

>> No.51253206

>>51248053
Did you hear that? Its the train leaving the station. I think you are gonna miss it.

>> No.51254622

>>51248107
>sucking OP dick
Faggot count: 2

>> No.51254875

>>51248053
But first we get a fomo pump fellow bobro.
Ask any normie around, they all think a recession is coming.
Which means we first go higher.

>> No.51254891

>>51248124
They do keep saying job market is strong

>> No.51254992

>>51248053
Its insurance for this month and after. Seems like gov wants to bring back reserve requirements. The problem is some banks in other parts of the world are now insolvent some for quite a while. Account lockdowns, account haircuts, loan fraud, and freezes will be uncommon. This is to force commercial and public into Fednow infrastructure. The CBDC is not ready and will cause problems, this is simply to get most into a update-able infrastructure and to compete with infrastructure that seemingly failed(even though they are essentially already bailed out). I would get your accounts in order by the 30th. Preferably into things that by nature cannot be seized right away by central states or corporations and/or that have legal advantages. Get to know a good real-estate lawyer if you have a loan.

>> No.51255128

>>51248066
and then use crypto to pay for this goods and services, and boom like that, we're free.

>> No.51255138

>>51248053
> biggest economic downturns of the last 50 years

Next year is one of the biggest boom years in history. Look at unemployment numbers.

>> No.51256134

>>51248053
>it's doomsday this time
>TWO MORE WEEKS I SWEAR

>> No.51256144

>>51248053
so what do you hold bearman?

>> No.51256157

>>51251506
if you eat that shit for 2-3 years and you havent figured out how to hunt, fish, gather wild edibles and grow in a land you are bound to die bro lol. canned food is just fine.

>> No.51256182

>>51254875
That is what the summer pump now. We will get more bear market rallies but as the energy crisis is ramping up towards winter, the shitstorm is going to wreck the market for a few months

>> No.51256193

>>51256157
>retard thinks SHTF immediately after buying your canned food supply

>> No.51258024

>>51256182
Agreed.