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/biz/ - Business & Finance


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53211695 No.53211695 [Reply] [Original]

The recession is not going to be as bad as you think. Every single nigger in the world thinks it's going to be like 2007 and the world's gonna turn upside down again but literally nothing's going to happen

>> No.53212352

>>53211695
It’s going to be way way worse if you don’t realise this you are retarded. It’ll be the first inflationary recession since the Great Depression.

>> No.53212374

>>53212352
Every dumb nigger says this about every recession.
>this recession will actually become a depression!
Kys

>> No.53212403

There wont even be a recession (yet)
Recessions dont happen when everyone and their mother expects/predicts a recession

>> No.53212495

>>53212374
I actually gave you the reason why it’ll be worse. Too dumb to comprehend what inflationary recession is or understand what needs to happen to get out of it.

>> No.53212743

>>53212495
>I actually gave you the reason why it’ll be worse.
Nigger. In every recession it's "always different and worse this time". Absolute brianlet

>> No.53212760

>>53212403
You're a midwit too. It confirmed in August with 2 negative GDP quarters in a row. This is month 11 of the recession

>> No.53212765

>>53212403
is that why the tech companies began laying people off and most consumers have maxed out there credit cards?

>> No.53212872

>>53211695
Recession is coming and the market usually doesn't bottom until 12 months after they start cutting rates.

>> No.53213257
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53213257

>>53212872
We've BEEN in a recession, turbo normie. It confirmed in August. This IS the 11th month

>> No.53213305

>>53211695
I think its gonna be like the 30s plus the 70s

>> No.53213322

>>53211695
You weren't an adult during the last real recession. Sit the fuck down.

>> No.53213325
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53213325

>> No.53213326

>>53212743
you've only lived through one recession haven't you?

>> No.53213365

>>53211695
preppers will control the world. WAGMI

>> No.53213479

>>53211695
Contrarian brainlet detected

>> No.53213481
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53213481

>>53213326
your point? You can figure it out if you knew how to count. It took 18 months for the 2007 to 2009 .recession to conclude. That one was an atypical one as the average length is 11 months.
Look at DATA instead of being an emotional bitch

>> No.53213491

>>53213481
well this source says 10, but many hover it at about 10-11
This is month 11

>> No.53213506

>>53211695
2007 was a complete fucking meme recession

It was basically a housing market crisis caused my mortgage loans...this is going to be way worse

>> No.53213514

>>53213506
>it will be worse b-because I said so, okay?? I don't care about historical data!!

>> No.53213524
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53213524

>>53211695
The recession is not coming anytime soon. Gas/food prices are going back up and unemployment is still extremely low. We are entering another inflation wave

>> No.53213533

>>53213514
>record global inflation
>energy crisis
>stagflation
>housing market bubble after 13 years of bullrun
of course it will be worse, 2007 was an overhyped meme

>> No.53213551

>>53213506
It was worse than any other recession since the Great Depression.

>> No.53213554

Credit card debt hit an all time high starting in q3 of 22, no new data has been put out that i could immediately find but that was published in november preholidays so its worse now.
The tech mega all are doing layoffs now for the first time in 10+ years, some have never done layoffs.
Housing interest rates are over ,6% and houses are not moving and also credit card interest rates are sky rocketing at the same time people are using credit to buy regular shit that inflation has priced them out of paying cash for.
We are objectively totally fucked.

>> No.53213561

>>53213533
Retard. In EVERY recession there is ALWAYS something "different". No shit different things spark different recessions hence why it's better to ZOOM OUT and look at OVERALL trends aka historical recession data.

>> No.53213564

>>53212403
Nigger we’ve been in a recession for months. Just because they changed the definition right now doesn’t mean we aren’t in one

>> No.53213571
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53213571

>>53211695
>IF PEOPLE EXPECT IT TO BE BAD
>I WON'T BE BAD

>> No.53213588

>>53213533
>2007 was an overhyped
If you were there and on the bubble to retire it was bad..

>> No.53213617

>>53213481
>You can figure it out if you knew how to count. It took 18 months for the 2007 to 2009 .recession to conclude.
And how much quantitative easing was done for that to happen? Now compare that to how much was done to keep markets afloat in 2020. Now look at how bad inflation is now compared to 2007 and how much more debt we have.

Only a smoothbrain thinks they are comparable.

>> No.53213644

>>53213514
>historic inflation levels
>wages still stagnant
>housing overvalued again
>supply chains still fucked
>all commodities increasing much higher than the stated inflation rates
>record levels of debt
Tell me more about how it’s the exact same.

>> No.53213666
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53213666

>>53213617
>this time is different!
Holy fuck. Learn to fucking READ. For you: >>53213561

>> No.53213689

>>53213644
>Tell me more about how it’s the exact same.
My point was there is always something DIFFERENT
educate yourself here: https://www.thebalancemoney.com/the-history-of-recessions-in-the-united-states-3306011

>> No.53213693

ITT: A guy keeps constantly aggressively repeating that things wont get worse because we've already had a recession for 11 months and historically they don't last that much longer to make soothe his anxieties.

(He's been doing this for a while in multiple threads, the truth is nobody knows.)

>> No.53213710

>>53212760
And we are only just getting started you retarded zoomer. But yes continue to counter sentiment trade and get heemed.

>> No.53213719

>>53213693
>repeating that things wont get worse
and you niggers repeat the opposite. Kek
I look at HISTORICAL data. Over 70 fucking years of Data, but you dumb retards want to ignore all that and single out this one. You're clowns

>> No.53213731

>>53213710
>And we are only just getting started you retarded zoomer
Historical data > emotional bitch driven conclusions :)
Open another short and get liqd again, faggot LOL

>> No.53213745

So the key to avoiding recessions is just make everyone believe it'll happen and it magically won't?

>> No.53213757
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53213757

>>53212374
It actually will be this time. Central banks will be totally impotent. 110 years if monetary sins finally coming home to roost...not only will it be like 2007, it'll be worse. Far worse even than 1929. If you can't see this you're blind.

>> No.53213783

>>53213757
two more weeks
trust the plan

>> No.53213795

>>53213757
>110 years if monetary sins finally coming home to roost...
You're an idiot. This hasn't been some 110 year build up. This is bear cope.
Again, you want to ignore 70 years of data. I don't.
I look at average lengths. I factor in that every recession has its own "hell on earth". Every single recession has some retard screaming "the end is near". Every. Single. One.
I know because human psychology is simple. It's clockwork. Same thing happens in EVERY bear marker. There were dumb retards telling people to sell BTC below 4k LMAO. You're THAT guy

>> No.53213797

>>53211695
>Half a year to a year ago: No recession, you're the recession
>A few months ago: There's going to be a recession
The recession will proceed as planned.

>> No.53213798

>>53213571
>I WON'T BE BAD
Okay, you can start by understanding OP is likely a zoomer that doesn't know any better, and using the obnoxious NPC meme picture does nothing but potentially inflame OP if he is indeed weak, or for you average poster he like bystanders will merely associate you with that face.

>> No.53213816

>>53213795
What are you jewish or just a banker?

>> No.53213820

>>53213797
Why do turbo normies like you not comprehend we've BEEN in a recession?
>>53213798
And you're 100x more retarded than op could ever be for ignoring 70 years of data. That's not high IQ, anon

>> No.53213822

>>53212743
What's a brianlet?

>> No.53213826
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53213826

I'm not an expert but I think we will be OK guys <3

>> No.53213885
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53213885

>>53211695
>guys you don’t understand
>it went up for over 10 years
>that means it will go up forever

>> No.53213888

>>53213666
>>53213689
First you say 2007 only took 10-11 months so now it won’t be any worse. Then you say it’s different. So which is it?

My point, and the point others have made, is it’s a much worse situation on paper. That can’t be dismissed.

>> No.53213932

>>53213888
anything can be dismissed when you’re retarded

>> No.53213944

>>53211695
I'm about to be laid off. It's going to be worse than everyone expects.

>> No.53213956

>>53213888
>First you say 2007 only took 10-11 months
Stopped reading there. You have sub 100IQ.
I said the 2007-2009 recession was EITHTEEEEEEEEEEEN MONTHS. LEARN. TO. FUCKING. READ.
I said THAT recession was abnormally long. They TYPICALLY last 10-11 months, not that the 2007-2009 one was 11 months.

FUCK

What a retard

>> No.53213972

>>53213932
I can't even with you retards.
Bizraels truly are jeets. Like literally poo jeet third worlders with shit reading comprehension.

>> No.53213985

>>53213888
Fyi learn what an OUTLIER is, you bumbling village idiot. Also learn what an AVERAGE is.

FUCK. Pure stupidity. IQ melting posts in this board. I fucking swear this board wasn't this bad in 2018. Fucking redditors ruined this place

>> No.53213994

>>53213554
Hahahaha god damn youre dumb and have zero emotional control.

>> No.53214014

>>53213885
Look at a zoomed out s&p you stupid fuck. Literally what you just described.

>> No.53214052

>>53213719
The recession doesnt care about historical data. Every financial chart is parabolic. Theres absolutely no historical precedent for what we are about to experience.

>> No.53214074

>>53214052
>The recession doesnt care about historical data
>Theres absolutely no historical precedent for what we are about to experience.
Retard logic. Only monkeys ignore data let alone 70 years worth. Every midwit always says the same stupid dumb shit you just did during every recession ever. The fact that you can't reflect and realize that is sad

>> No.53214085

>>53212352
Shut the fuck up, nigger
You're literally retarded

>> No.53214093

>>53214074
I'm out. The collective IQ of this board is broomstick level. Shit is infuriating knowing I'll never get the 2018 bear market biz back. This place is reddit now

>> No.53214099

>>53213885
>It went up for ten years
>That means it has to crash to zero
You'll never buy cheap BTC because you're an emotional faggot

>> No.53214102
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53214102

>>53214093
Please just take your own advice and go long. I'm buying gold

>> No.53214359

>>53213554
Job market lags behind. The worst layoffs during the GFC happened after the market already bottomed.

>> No.53214429

It's going to be worse than 2007

>> No.53214491

>>53212352
the great depression was deflationary though, weimar was inflationary

>> No.53214570

Guessing OP doesn't go grocery shopping

>> No.53214584

>>53213719
>>53213731
Historical data means dick if the situations aren’t comparable. We’ve never had this high of inflation, this high of government, business, and consumer debt, and this much money printing. Something has to give eventually.

>> No.53214599

>>53214584
>Historical data means dick if the situations aren’t comparable.
EVERY recession is DIFFERENT, fool. Educate yourself here: >>53213689

>> No.53214632

>>53213820
They're just neets, they don't even have jobs.

>> No.53214662

>>53213795
>I factor in that every recession has its own "hell on earth
While conviently starting your data set in the post war boom and completely ignoring the depression. Great analysis chief. Top tier work.

I dare you to criticize the talmud

>> No.53214669

>>53214099
I’ll never buy btc because I prefer real gold and silver to digital.
>>53214014
>he thinks the american dollar will survive what’s coming

>> No.53214751

>>53214662
...LOOOOL I'm looking at recessions because this is in FACT a recession. You want to jump the gun and call this a depression when it's not even long enough to be capable of being called a depression LOL. And I'm looking at post war because guess what, genius? We are living in POST WW2

This has to be bait

>> No.53214933

>>53213985
I agree with you anon. The Twitter groupthink crowd took over /biz/. Nobody can hold two contradictory ideas in their head and not be married to one anymore. So they don't even debate well here anymore

>> No.53214989
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53214989

>>53211695
if you're in the usa, sure. but the rest of the world is going to suck the dick

>> No.53215337

>>53213956
>>53213985
An outlier is what we will be experiencing. For the myriad of different reasons already detailed you are conveniently ignoring

>> No.53215357

>>53214093
>I'm out.
Kek ok. You’ll be so so missed.

>> No.53215370

>>53214599
>EVERY recession is DIFFERENT, fool
Then why are you trying to use historical data to predict future events if EVERYTHING IS DIFFERENT. You aren’t internally consistent

>> No.53215410

>>53214751
>And I'm looking at post war because guess what, genius? We are living in POST WW2
We are also living POST DEPRESSION. Why did you start there? Why are you ignoring the depression? You didn’t answer. You fling shit like a middle schooler to try and seem too smart. You also didn’t criticize the Talmud. Interesting

>> No.53215970
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53215970

The recession is going to be as bad as you think. Every single nigger in the world knows it's going to be like 2007 and the world's gonna turn upside down again but literally everything's going to happen

>> No.53216485

>>53214751
You had 21 of the 77 posts then disappeared after I asked you to denounce the Talmud. Twice. Why is that?

>> No.53216506

>>53211695
this is currently the recession. if a recession is even announced it will just be when this recession is ending or about to end

>> No.53216509

>>53212352
this

>> No.53216599

>>53212495
>worried about inflation (of my dick)
So buy crypto faggot

>> No.53216725

>>53216485
>I asked you to and you didn't
fuck off nigger. this 4chin. you have to go back >>>/reddit/

>> No.53216736

>>53216599
>so flush money down the toilet buying my bags
you can fuck off too shill nigger

>> No.53217059

>>53213257
Q1 and 2 were negative, Q3 went positive.
Market never bottoms until about 12 months AFTER rate cuts. Normies like you waiting for a pivot to long will get wrecked. Therell be lots of squeezes in between though.
Someone post the fed pivot chart

>> No.53217087
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53217087

>>53217059

>> No.53217300

>>53211695
>Every single nigger in the world thinks
every chud moron on this board does not think
he KNOWS
because ourguy is not in office

>> No.53217461
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53217461

>>53216599
Wise decision, the adoption of crypto is just getting better day after day, most of the countries are accepting it as a payment too, check out LuganoPlanB it is phenomenal!

>> No.53217476
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53217476

>>53211695
The Largest generation is cashing out and leaving the workforce.

>> No.53217511

>>53217059
No, retard. I already dumbed it down above. Not going to waste energy repeating shit. Stay poor

>> No.53217535

>>53217476
Yes of course cause the payment is low, that why I chose crypto and started off with it.
I am metastaking in maiar dex for 25% APY and plus I do trade and make a few bucks which is enough for my survival soon when the bulls are back ill be just fine.

>> No.53218575

>>53217535
Sounds good, but I'm getting over 40% staking ORE-ETH on polygon

>> No.53218660

>>53217087
This.

https://archive.nytimes.com/www.nytimes.com/interactive/2013/01/18/business/economy/20130118-fed-timeline.html#/#time232_6970

>> No.53218695

recession-tards are retarded midwits

>> No.53218874

>>53212352
>>53211695
its done by design to depopulate the 1st world beacause people are too educated and entitled. they need to kill all the 1st worlders before they get uppity at the ponzi scheme collapse, and restart the ponzi scheme of debt based economy with uneducated 3rd worlders who dont value individual freedoms

>> No.53218958
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53218958

>>53211695
Actually its going to be extremely fucking bad because its supposed to be by design.

The fiat ponzi scam is up. Time to kill the goyim by the hundreds of millions like so many times before.

>> No.53219797

>>53218958
My take as well. It's easy to position youself when you know the biggest lever is meant to pull everything considered stable away from you.
I'm honestly mostly positioned in cash and commodities, but my main, securest deposit is in blockchain tech. I didn't even dare to put that in cash when the top hit, which actually means something to me wants to acknowledge just a bit of >>53211695's point, given the cyclial point to the economy he's making.
As you said, their real, strugle is to transition away from the rugpull machine into something you simply can't escape or play out like they do themselves, to such that anyone gains the resources and freedom needed to escape from tyranny and ultimately needed to build you own system. Their technical problem is the increasingly centralized, and thus in real terms, decreasing functionality of fiat that makes people realize fiat is unsustainable to support and live by, as you said it, because it by design is a cyclial rugpull is to scoop out the real value of things. Which fundamentally in economic terms is derived from commodities and from there everything else in the ever increasingly technically intertwined markets to support the rugpulling.

The complexity do not mean anything fundamental - and adding to OP's point, AS LONG WE'RE USING THEIR MEANS OF EXCHANGE.. Which, by the power of pure logic AND reason, you will have to transition yourself away from long scope to keep your wealth which is anything they dont own thrugh central banking.
Their money is the biggest, most overappreciated shitcoin in existence, yet we all should know how to time the cycles BY DESIGN unavoidable to keep the rugpull alive. WAGMI

>> No.53221025

>>53219797
Nice blog faggot

>> No.53221399

its going to be a correction from the craziness that was 2020 and 2021. but because number go down its going to seem like a recession

>> No.53222864

Get in

>>53222366
>>53222366
>>53222366

>> No.53223049

>>53213481
>. It took 18 months for the 2007 to 2009 .recession to conclude
It took Trump being president for thr recession to be over. I don't care what your fake and gay stock market did. The entire 8 years of obongo was misery if you were a working age adult. The real economy was horrible.

>> No.53223459
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53223459

>>53217511
yeah idk whats up with this thread but you know what they say
>pic related
i started dcaing again last month and it will be fine
i guess worst scenario is another 6 months but i think that's the max
cant know when we hit the bottom so i rather start now
all doomsayers who dream of the monetary system collapsing can suck a cock, it doesn't really matter, what will happen?
everything will crash, i will buy more cheapies, 10years later i am giga rich
only people who are fucked are the one who hold a lot of cash, but who does this shit anyway
stocks, crypto and pms will hold their value longterm
collapse would be even beneficial for crypto because while the euro or dollar will be gone, bitcoin is eternal and will be still useable

>> No.53223511

>>53212765
Tech companies, all the big banks. Jp Morgan, chase, ect

>> No.53223534

>>53211695
Blockchain startups use remote neural monitoring technology to filter out degenerates from entering the field. Be careful if you try to work in web3, having that done is not fun at all. They do not disclose it and there are almost no civil protections against it except in the state of Michigan iirc. The worst part is no one will believe you because the nature of the tech is classified af you just aren’t suppose to know about it.

>> No.53223552

>>53211695
Most of the assets are already owned by the rich. No shitnit won't be as bad because we have nothing left to lose.

>> No.53223582
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53223582

With the last 20 years nobody called the recession but now suddenly even MSM is talking about it. Things are gonna suck for a while but the worst in the markets is already over. Do the opposite of what MSM tells you and you'll make it. It's that easy.

>> No.53223596

>>53218874
1st worlders are way more docile than 3rd worlders, as seen in 2020-2021

>> No.53223657

>>53212374
are you a literal journalist practicing kike talking points?
am i really gonna see "its a recession not a depression" all over the news for the next month?

>> No.53223767

>>53213985
well can you blame them? it's filled with children who barely passed okay econ 101 and gamblers who could hardly explain the implications of a federal note. it's like watching a teenager who thinks he has everything figured out and needs to let the world know that he's smart or something haha

>> No.53223802
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53223802

>>53211695
>>53212374
>OMG CONSENSUS SOOOOO MANY PEOPLE THINK THIS IT'S ALL ABOUT WHAT NORMIES THINK
Holy shit, you guys are fucking braindead. Retail doesn't move the markets and your boomer dad's doomer jewtube channels he watches don't either (even though they're right) Just like 90% of you fags had that pit feeling in your gut when btc was at 69k that a mega drop was coming, you all held on to your bags anyways. The only difference now is that these aren't shitcoins we're talking about - these are people's jobs, retirement funds, roofs over their heads, and the shirts on their backs. No shit they're just gonna hold while the big players unload mega positions.

Not that I give a fuck. If they pump the markets, they'll just put us into giga Weimar stagflation mode.

>> No.53224355
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53224355

>>53211695
the only thing I see is paranoia, we can't predict the future but we are not so bad at the moment, there are even things like solana that are having a strong growth that makes me think that we are going to be fine, at least for 10 years

>> No.53224426

>>53211695
We’ve been in a recession for 2 years

>> No.53224738
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53224738

>>53212872
>until 12 months after
due to inflation they are hiking in a slowdown
look at the ISM, in every other period the fed would be max cutting right the fuck now, so you cant use that as an indicator
the only one we got left that is dependable in the unemployment numbers once that goes vertical its time to buy
dont wait till it tops out but once its a straight line up through 4/5% then its time

this one is going to be one for the history books, the resulting stimulus will also be so
i feel sorry for the people that think /biz/ or twitter sentiment counter trading trumps things like ISM or a yield inversion curve, thats going to be a brutal awakening