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/leftypol/ - Leftist Politically Incorrect

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File: 1608680398363.jpg ( 62.28 KB , 775x514 , DOWn.jpg )

 No.213072[Last 50 Posts]

💰️DOW/Market Watch Thread💰️
monitoring the market, trends, fluctuations, etc.
🎩
👀
🐽
👄
>>

 No.350979

>>350977
Possibly EXACTLY that, what with the heat waves and megadroughts.
>>

 No.350983

>>349888
If the housing market collapses won't my property taxes which are tied to my house also fall? My mortgage was only $150 more than my apartment in till this year were it's jumped up another $300 in property taxes because my houses value has almost doubled.
>>

 No.351099

>>349888
MMT bailout incoming. Turns out you can only save capitalism by sustaining it at the public's expense.
>>

 No.351112

You will see austerity, the likes of which would make even Margaret Thatcher uneasy.
>>

 No.351265

>>351112
Austerity in the third world, inflation in the first.
>>

 No.351297

is there a limit to the eternal poomp
>>

 No.351427

>>351297
You'll live to see those limits
>>

 No.351476

>>351297
Yes. its already collapsing at the places of most intense retardation - crypto and SPACs
>>

 No.351667

>>349888
What are negative supply shocks?
>>

 No.351755

>>349888
I am unsure how you are meant to plan for that

Goldbugs have been screeching about imminent inflation forever

However, we would expect that overproduction would lead to long term inflation being low

On the other hand there are damage to productive capacity from Based Coronachan
>>

 No.351760

if bitcoin is not 100k by the end of the year i'm kms'ing
>>

 No.351763

>>351667
In neoliberal economic theory, the market naturally stabilizes itself at full employment

Events in real life are referred to as shocks

Most likely the negative supply shock refers to disruptions caused by Based Coronachan
>>

 No.351765

>>349888
Hopefully the value of the US dollar crashes, forcing a sudden rise in inflation and interest rates and general mayhem across the nation
>>

 No.351840

What do you guys think about the global tax rates? Liberals are celebrating so there has to be a catch right?
>>

 No.351856

>>351840
Its 15% which is so low that hardly anyone would be affected
>>

 No.351858

>>351856
Idk, 15% is a lot more than 0% for the biggest corporations
>>

 No.351864

>>351858
they will still have all sorts of allowances which they can use to take the profit to zero

they are getting this zero tax with 24 or 30% or whatever it is in Burgeria
>>

 No.351865

>>349888
But doesn’t MMT stipulate that with enough reinvestment of the excess printed fiat, things like employment will normalize to the point that strong inflation would be avoided?
>>

 No.351972

File: 1625249234583.jpg ( 169.47 KB , 1000x750 , how-much-is-the-national-d….jpg )

>>351865
Thats what theyre hoping for, but because of the trade wars, and supply shortages caused by coronachan, and debt crisis there wont be enough reinvestment to save westernoids this time. Employment wont pick up enough to save the economy from the loss in gdp. Plus last year alone we had a massive spike in debt to gdp ratios, they cant pay all of that off unless they keep printing to stagflation levels
>>

 No.351975

>>350977

yes bro imagine not having an income and prices of groceries continue to soar
>>

 No.352031

>>351972
Who owns the bulk of the debt? Why don't they just cancel it or invade whatever country holds it?
>>

 No.352036

>>352031
Global capitalists, if they tried to cancel it then the US dollar would no longer the world reserve currency and you'd have hyper deflation (as all the capitalists pay off their dept to get off the dollar) followed by hyper inflation (when all the capitalists migrate off the US dollar and there is no demand for it.
>>

 No.352039

>>352031
They cant everyone would lose trust in the dollar abd it would become worthless
>>

 No.352440

>>352031
>invade yourself
>>

 No.352873

Economic crisis is actually good for capitalism. The real danger is stagnation.
>>

 No.352880

>>352873
>Economic crisis is actually good for capitalism. The real danger is stagnation.
True. Everytime there is a crisis porky just comes out richer. Crises just seem to be a method to consolidate power and knock off some aspiring porkies out of the class when it starts getting too crowded. 2008, Covid, etc.
>>

 No.352915

>>352873
ive wondered if the corona thing was indeed planned or allowed to spread so much as a strategic ploy, in order to blame the already coming recession, but also to aid with the silicon valley cultural revolution going on, allowing amazon and others like it to eat up even more companies
>>

 No.352938

>>352915
Planned, no. Allowed to spread, it's possible. Most of those who wield power are opportunists, not supervillains.
>>

 No.352951

>>352915
the thing is they are so self-assured of their superiority they ignore the geopolitical implications of completely bungling their response for short term gain.
>>

 No.355617

>still no crash or super short-squeeze

R.I.P. amc and gme bagholders
>>

 No.363652

“ The spread between two- and 10-year yields - the most common measure of the yield curve – has narrowed by more than 50 basis points since hitting a six-year peak in March.

"All of that is telling you that the market is reaching this peak growth, peak inflation inflection point. And that really accelerated yesterday and today," said Browne.”

Market will be red tomorrow as fed is uncertain over bond buybacks and is thinking of tapering soon. Get ready to feast on some tears later today. Stonks going to tank and retarded redditors will get wrecked.
>>

 No.363730

>>363652
Today or tomorrow?
>>

 No.363978

File: 1625746444426.jpeg ( 505.95 KB , 2048x2048 , 3be958e648ef8e2a.jpeg )

>>363652

Don't get my hopes up like that, anon.
>>

 No.364085

>>363652
Stocks were already falling as you said that
>>

 No.364099

They announced recently in Australia that they are going to be giving out 0% interest loans.
WTF does that mean macroeconomically?
>>

 No.364107

>>364099
FREE FUCKING MONEY BRAH
>>

 No.364510

>>364099
That means "please zombiefy but don't die we really need our GDP number high"
>>

 No.364596

>>351972
How can the US reduce the debt without collapsing the country?
>>

 No.364942

File: 1625782499612.jpg ( 56.4 KB , 435x530 , 2313.jpg )

Just fucking crash already its all so tiring
>>

 No.364948

>>

 No.364971

>>364948
haha die americans die die die fuck you die die die
>>

 No.365042

>>364971
You know that America isn't the only place that imports goods from China right
>>

 No.365044

>>364971
>Asia-to-U.S. rates jump 229% vs year ago, to Europe spike 596%
>>

 No.365050

>>364948
so whats the cause of this?
>>

 No.365065

>>365050
>While demand from American consumers and companies is one reason for the rate spike, a shortage of containers remains another reason for the tight market.

>Container capacity is particularly scarce for eastbound transpacific shipments, with Covid outbreaks at a port in southern China recently snarling both exports and imports. Meanwhile, a queue of vessels waiting to enter the twin ports of Los Angeles and Long Beach, California – the largest U.S. gateway for ocean-going trade – showed little signs of going away.


>The number of container ships anchored in San Pedro Bay totaled 18 as of late Tuesday, nearly double the queue of two weeks earlier, according to officials who monitor harbor traffic. That bottleneck has persisted since late last year, peaking around 40 vessels in early February.


>The average wait for berth space was 5.3 days, compared with 4.6 in early June, according to the L.A. port. That number peaked around 8 days in April.


https://www.hellenicshippingnews.com/ship-values-are-soaring-amid-secondhand-sales-frenzy/

>According to Alphaliner, 301 container ships with aggregate capacity of 1,025,000 twenty-foot equivalent units (TEUs) traded hands in January-June. “The volume represents the largest TEU amount ever bought and sold in a six-month period,” it said.


>Mediterranean Shipping Co. (MSC) led the charge, buying 53 ships totaling 185,590 TEUs in the first half. It has bought 72 ships totaling 289,950 TEUs since last August — “a buying binge that is unprecedented in history,” said Alphaliner.


>The more exposed liners are to skyrocketing freight rates, the higher their profits will be. Carriers can increase near-term exposure in two ways: by chartering in ships or buying them secondhand.


>Alphaliner noted that chartering activity has now slowed due to a lack of available tonnage. The shortage “could be here to stay, changing the face of the charter market.” Non-operating owners (NOOs) — companies that charter ships to liners — have been placing their vessels on multiyear charters, “meaning that a significant portion of the NOO fleet will not be available again in the charter market for years to come,” said Alphaliner.


>Fewer charterable ships means carriers must buy vessels secondhand to increase near-term exposure to freight rates. At the same time, NOOs that have already chartered out their existing fleet are looking to buy more vessels so they can charter them to liners.


>This dynamic should add even more fuel to the fire in the S&P market. Container-ship values “have been skyrocketing from April onwards,” said Alphaliner, noting that a 1,700-TEU ship was sold in June for $21.5 million, triple what this size of ship fetched in January.


>According to Gordon, the Clarksons index that tracks secondhand container ship values surged 124% during the first half of the year.


https://www.hellenicshippingnews.com/biden-to-take-aim-at-rail-sea-shipping-competition-source/

>President Joe Biden will order U.S. transportation agencies in coming days to address competition in rail and sea shipping in an effort to lower the costs of shipping goods for companies, a source familiar with the plan told Reuters on Thursday.


>Biden’s executive order, aimed at the Federal Maritime Commission and the Surface Transportation Board, is also aimed at ultimately helping to lower consumer prices, the source said.


>Transport costs for shipping goods have continued to soar during the COVID-19 pandemic at a time of growing consolidation in transportation markets, they added.


>The executive order “encourages the independent federal agencies regulating these markets to take steps to promote competition – which will save American businesses money on shipping costs. That, in turn, will lower prices for American consumers,” the source said.
>>

 No.365185

>>364942
Might never see funny line go down because inflation
>>

 No.365251

File: 1625790753981.jpg ( 214.97 KB , 1021x1024 , 1625622964130.jpg )

>>365185
Don't you dare tell me line ain't going down! nope alalalalalalallalalalalalalalalalalalalala I can't hear you!
>>

 No.365367

>>364948
In this case a "box" is a 40ft shipping container.
>>

 No.365390

File: 1625795364987.jpg ( 96.07 KB , 973x814 , 12.jpg )

Is it unironically happening?
>>

 No.365823

https://www.money.it/Taper-Wells-chiude-linee-credito

This article deserves a read anons.
Run it through a translator cause it's good shit.
>>

 No.365912

>>365390
What does this imply? WF going under?
>>

 No.366032

>The 'Russian National Wealth Fund' the Sovereign Wealth Fund of the Russian Federation (The 14th largest national wealth fund on earth with over 174B USD invested primarily into the Oil and Gas industries) has just dumped its entire reserve of USD (Accounting for 35% of the funds reserves) replacing it roughly 50/50 with reserves of Euro's and Chinese RMB. now making them 39.7% and 30.4% of the funds reserves respectively.
The Petrodollar slips closer to the drain…
>>

 No.366079

>>366032
Why did Russia have dollars in the first place? It isn't coerced into using them like European countries sometimes are, right?
>>

 No.366084

>>366079
Back then dollars were the norm it's very strong like if you're not using dollars you're automatically a pariah
>>

 No.366096

File: 1625839719588.jpg ( 19.56 KB , 320x324 , Threeletteragent.jpg )

>>366079
>Gorbachev effectively forced the rest of the COMECOM nations to switch to using USD (US-Dollar) as their reserve by unilaterally announcing that the USSR would conduct all foreign trade in USD. Thus all other nations of the COMECOM were suddenly forced to take enormous loans of USD from the IMF and World Bank simply in order to continue trading with their largest trading partner the USSR.
>Gorbachev suddenly and unilaterally adopting the USD as the unions reserve currency also crashed the value of the Soviet ruble in general.
>>

 No.366102

>>366096
1. Why did Gorbachev do something so stupid? Was it part of some agreement with the West?
2. Why did they keep dollars for so long after?
>>

 No.366107

>>366102
Gorbachev is the West's puppet he is not true communist he's merely just an operative
>>

 No.366109

>>366102
They had debauched the ruble.
>>

 No.366113

>>366102
>1. Why did Gorbachev do something so stupid?
Either ham-fistedly trying to do Dengism/Xi'ism and failing by equating what Deng did (Inviting in some foreign companies to build essential infrastructure and shit) with what he did which was basically the US control of the USSR's entire from that point on.
Or he was literally a CIA agent.
>2. Why did they keep dollars for so long after?
Yeltsin was president from 1991 to 1999.
Yeltsin WASN'T a CIA agent by most reports but according to those same reports LITERALLY ALMOST SINGLE PERSON INSIDE HIS CABINET AND GOVERMENT WAS A LITERAL CIA AGENT
Yeltsin would literally just be piss drunk and his handlers would wake him up and give him some bill to sign ("Bill for letting Oligarchs buy and eat poor peoples children") and he would sign it without even reading so he could go back to sleep.

By 1999 the Rubles value was utterly demolished by Yeltsins 'Reforms', The EU was still a slave to the US and China hadn't fully developed itself yet. So they literally didn't have any other option but to KEEP USING the USD
>>

 No.366134

>>366113
Do you have a source for Yeltsin's cabinet being CIA?
>>

 No.366173

>>366113
How is the EU a slave then but less so now? Wasn't the EU always at some level influenced by the US?
>>

 No.366356

>>366113
>Either ham-fistedly trying to do Dengism/Xi'ism and failing

No, Gorbachev knew what he was doing. It was not a mistake, but a calculated move for a transition towards capitalism. Clown got discarded afterwards, but that happens.
>>

 No.366362

>>365065
>in order to improve shipping efficiency, stalled due to bottlenecks, we will promote competition!

Are they retards? Can't they, like, build more ports, create tighted schedules, hire more people, optimize workflow, etc? Why the fuck are they outsourcing actually solving the problem to people who are causing the problem in the first place
>>

 No.366373

>>366356
No he did know what he was doing since the USA also dropped a nuke on capitalist Imperial Japan thus it was logistical to think the NATO tanks could race to Moscow the second Germany unified since capitalist nations only care about their nation and sees all other nations (capitalist or not) as the enemy unless they are their vassal. In the end Gorbachev got ousted by a CIA back coup that sided with Yeltsin.
>>

 No.366400

>>366373
Both Gorby and Yeltsin were CIA-affiliated. Well, more like KGB affiliated. It all was orchestrated.
>>

 No.366477

>>366134
I'd like a source on Yeltsin's cabinet also, but considering Xi's "anti-corruption" purges a few years ago was the CCP pruning CIA assets from the party I can totally believe it.
>>

 No.366490

*khm*

when?
>>

 No.366494

i feel like this shit will never crash
>>

 No.366496

>>366494
"official" economy: ⬈

actual economy: ⬊
>>

 No.366510

>>366362
Tight schedules are actually part of the current problem. Schedules are so tight that the slightest fuckup can cause big disruptions, and when you have big disruptions like the Ever Given fiasco, it causes massive disruptions.

As for why they aren't doing anything concrete about it, I suspect it's largely two main reasons:

1. The US government is incapable of coming up with solutions at this point.

For the US government to be able to solve a problem like this it would have to have experts in developing the sort of infrastructure you describe and all which that entails. They'd also have to have some sort of forward-looking vision as to what to build, where, why, etc. A great historical example is the Tennessee Valley Authority, which transformed one of the poorest regions of the US into one of the most modern and prosperous. If this were a hundred years ago these might be possible, but the current US government completely lacks either of these essential elements: capability and vision, after decades of them being hollowed out by big business. The purpose of the US government isn't to solve problems any more, but to funnel money to businesses, sometimes in the hopes that they will solve the problem. See: the US telecom industry and its history with the government.

2. Fixing the physical bottlenecks that are contributing to these problems are astronomically expensive and thus cost-prohibitive.

Two of the biggest bottlenecks right now are the Suez and Panama canals, which were already reaching the limits of what they could reasonably accommodate in terms of traffic and ship size years ago, and the situation has only gotten worse. Panama for example is being hit by the effects of climate change and the decline of rainfall in the region is adversely affecting its function. Overhauling either one of these would be an incredible project in itself, but both would be insanely expensive and probably entail shutting down the canal while repairs and reconstruction are carried out, which would end up costing a lot of people a lot of money, possibly almost as much as upgrading the canals in question all over again.
>>

 No.366541

>>366510
What if they made a second canal instead?
>>

 No.366548

>>366541
Modern fighters and tankers are huge that dwarf the size of super battleships of WWII.
>>

 No.366571

>>366548

https://abcnews.go.com/US/wireStory/largest-container-ship-hits-east-coast-ports-surge-77808246

>BAYONNE, N.J. – With the sun gleaming off the Manhattan skyline in the distance, the massive ship passed slowly underneath the Bayonne Bridge on Thursday morning, tooting its horn to the delight of about two dozen onlookers on the bridge deck hundreds of feet up.


>Even by the standards of ocean carriers, the CMA CGM Marco Polo is a behemoth: three-and-a-half football fields long — standing on end, it would be roughly the height of the Eiffel Tower — it can tote enough cargo to fit in more than 16,000 20-foot-long containers.


>It's the largest container ship ever to call on the East Coast, and its visit this week to New Jersey; Norfolk, Virginia; Savannah, Georgia; and Charleston, South Carolina underscores both the surging volume handled by ports nationwide as COVID-19 restrictions continue to ease, as well as the billions of dollars spent by port systems to accommodate these larger ships.


>Soon after the Marco Polo docked Thursday, several gigantic gantry cranes began lifting the containers off the ship one at a time and lowering them onto trucks, to be moved to other areas of the APM Terminal and stacked. About three thousand were to be offloaded and about the same amount onloaded, keeping workers busy nonstop until the ship heads south Saturday, said Edward Aldridge, president of CMA CGM America. After its East Coast, tour it will head back to Asia.


>Container volume at U.S. ports lagged a year ago during the height of the pandemic as manufacturing slowed, though the demand for goods remained fairly strong as travel and leisure dollars were shifted to home improvement projects and online purchases.


>Since then, volume has come roaring back. Beginning last August, monthly container volume for the 10 busiest U.S. ports has surpassed 2019 levels, according to statistics compiled by the U.S. Department of Transportation. Los Angeles, the only U.S. port busier than New Jersey/New York, recently had the best April in its 114-year history and has had nine straight months of year-over-year increases.


>While Los Angeles has been able to accommodate ships that can carry the equivalent of 23,000 20-foot containers — a cargo unit known as a TEU — Atlantic ports still can't handle boats that big. As recently as four years ago a ship the size of the Marco Polo would have bypassed the ports of New Jersey and New York because the Bayonne Bridge, which connects New Jersey and Staten Island, was too low and the port system's waterways were too shallow.


>Spurred by the expansion of the Panama Canal last decade that allowed larger ships to pass through, New Jersey/New York and other East Coast ports scrambled to capitalize.


>The Port Authority of New York and New Jersey spent nearly $2 billion to raise the bridge by 64 feet, a feat that required keeping the existing roadway until a higher roadway was built on top of it; a separate project costing about the same amount deepened the channel in New York harbor.


>Savannah's port, the fourth-busiest container port in the country, is in the final stages of a six-year, roughly $1 billion project to deepen the shipping channel. Officials expect the port to have handled 5 million containers in the current fiscal year ending June 30, just four years after surpassing 4 million for the first time.


>The surge in volume has brought its own challenges, said John Nardi, president of the New York Shipping Association, which represents ocean carriers and port terminal operators.


>At the New Jersey and New York ports, container volume in March was 37 percent higher than March 2020, and volumes projected for 2026 in a recent long-term study by the Port Authority are already being hit this year, he said. That has significantly increased the time containers sit at the terminal after they're unloaded.


>“It’s everybody, from the truckers to the warehouses to the terminals and ocean carriers — everybody is operating at maximum capacity," Nardi said. “The whole supply chain is getting backed up."
>>

 No.366576

>>366571
https://link.springer.com/article/10.1057/s41278-019-00136-4

>The introduction of ever-larger containerships is a much-discussed topic in academic and business circles. The largest containership size has evolved from about 5500 TEU in 1995 to more than 23,000 TEU in 2019. The economic rationale for further scale increases in ship size is largely dependent on the current and future market conditions in the container shipping market, the adaptive capacity of ports and terminals (both economically and technologically) and, more recently, environmental requirements and considerations. This paper evaluates under which economic, operational and environmental conditions and expectations, shipping companies are likely to push the ultra-large containership (ULCS) size from 18,000 to 20,000 TEU to 25,000 TEU. Differences in both annual container slot cost and more comprehensive cost–benefit measures are assessed under different key market-based and operational conditions. The basic cost parameters for 20,000 TEU and 25,000 TEU vessels were estimated using a regression analysis applied to actual data of vessels up to 18,000 TEU. Our findings show that a further scale increase to a 25,000 TEU ULCS still generates economies of scale. However, very low freight rates, i.e. even below the poor freight rates of 2016–2017, and low load factors would not be conducive to the economic viability of 25,000 TEU ships, compared to smaller ULCSs. This study complements and updates the findings of previous studies (which focused on much smaller ship sizes) and contributes to the ongoing academic and corporate discussion on drivers and impediments of scale increases in vessel size by explicitly incorporating time- and context-dependent factors affecting optimal ship size.
>>

 No.367051

>>366173
The UK leaving unironically threw the EU somewhat out of the US's sphere of influence since the UK basically acted like a poison pill inserting US interests into any policy the EU undertook.
The EU post Brexit is more concerned with expanding the wealth and power of the 'core of the core' (France, Germany, Netherlands and Belgium, Denmark, Austria etc) at the cost of southern and eastern europe along with frances neocolonial empire.
>>

 No.367215

Inflation in the US is much worse then anyone is willing to Admit.
The consumer price Index puts the rise in prices of all items on average over the last 12 months at 5% (This is functionally inflation since US wages are not collectively bargained for on average and have no mechanism to raise in accordance with inflation or rising prices). Many people thing this has probably actually been the rolling average since around the start of 2020 but the coof literally kept everyone distracted since everyone for once in the last century wasn't outside constantly consuumin.

Within the last year and a half every single person in america's savings and wages probably lost 10% of their real value. THAT is why everything is imploding.
>>

 No.367228

>>367215
Oh yeah, it's really really bad. I went to the auto parts store and regular 9005 lightbulbs, not even the high end models are all 30 dollars minimium. EACH. Gas is close to 5 dollars in California, sales tax iust went up like ten percent. I make 16.50 an hour, so an 850ish average paycheck every two weeks. It's literally slavery wages. You'd have to work three jobs to live without roomates, two if you did. I spent like 80 dollars yesterday buying:

>Pack of sandwich rolls

>Strawbeery Nesquik single serve milk
>4 Grade 8 7/16 bolts and a spacer for an automative project
>Some terminal connectors
>Two headlight socket connectors

all cheap shit

80 fucking dollars

wtf

the bolts were 15 dollars
>>

 No.367233

I literally can wipe out 5 hours worth of retail bullshit buying some misc stuff…..not even big ticket items, but just random little bits that I need here and there.

I don't understand how no one, not even educated professionals here in the Bay Area can see how you're going to run into a problem when no one who isn't a salaried professional can afford to do anything. I'm 90% sure I had a customer come in today who was living out of his car, since he was insisting that I find him canned food that could be opened without a can opener (why would that be a concern if you could just buy one?) so like you can't even live let alone buy shit that stimulated the economy


this entire binch will collapse badly soon, income inequality in California is honestly beginning to resemble Latin America
>>

 No.367238

I also remember thinking about how I punched a hole in my bumper the other day, the last time I went to a body shop they quoted me $1000 for a new bumper, repaint, etc

and all I could think was: "Who the fuck can afford this shit?" All the cars in the lot were clearly owned by well off people, but isn't it a problem when this business is only able to be patronized by a slowly shrinking group of people? Are services workers, who make up the bulk of the economy going to be able to do something as simple as fix up their ride when some jackass rams a shopping cart into it during their shift? Business will dry up for those people, and then they'll get fucked, they can't buy anything, all the services that THEY patronize get fucked because they can't afford it..

bruh capitalism don't even make sense
>>

 No.367252

>>367238
>Isnt it a problem when your business is only going to be able to be patronised by a shrinking group of people?
That’s literally one of Marxs fundamental internal contradictions of capitalism lmao
Inability of Proles to purchase products or services leads to a tendency for those enterprises to shutter
>>

 No.367341

>>365912
its going to dunk peoples credit scores and apparently they did it in 2008 too and also cut off car dealerships
>>

 No.367417

>>367252
I knew that, but it's weird that people don't see it. I came to realize it just from watching and experiencing things as I worked in my shitty service jobs. I remember reading Marx in college and being like "WTF" because it was literally all the things I had been thinking for a while but more well articulated and with stronger arguments
>>

 No.370128

when will it fall apart.
>>

 No.370143

>>370128
never. slow, never-ending rise in the prices of commodity until wages reach the subsistence level (barely not starving, 4 people sharing a room, paying rent)
>>

 No.370236

>>370143
So 1 year tops?

K thx
>>

 No.370769

>>370128
I keep seeing people in finance claiming 1-2 years but could mean as soon as this summer who knows. There were a bunch of people also claiming this "1-2" for a year a few years ago (from 2016-2019), but the tone now seems way more serious and you have what seems like a lot of big money jumping on board with the idea that there is a big crash coming soon.
>>

 No.371041

>>370128
We already have, but the establishment is deadset on denying it.
>>

 No.371047

My investments are doing well, glad I didn't listen to you doomer idiots.
>>

 No.373448

>/biz/ still holding
>>

 No.374298

File: 1626154754466.png ( 679.71 KB , 771x723 , 1602357896039.png )

>give me your portfolio, /leftypol/
>>

 No.374313

>>

 No.374343

The late period of the USSR also had many officials become extremely disillusioned with communism and go succdem somewhat, so it's not just because of the glowies, though indeed there were a lot of those that got imported into the cabinet of the new bourgeoise government.
>>

 No.374381

File: 1626164271385.jpg ( 129.22 KB , 593x647 , No_fun_allowed.jpg )

>>374298
100% vwce
>>

 No.374400

Should i buy chinese / other developing countries government bonds? Purely from a self-interest perspective and not an ideological one of course.
Like if you have the initial accumulation to buy a tonne at once then it seems unironically the 'safest' investment
>>

 No.374402

>>374343
disillusioned or greedy?
>>

 No.374403

>>374400
bro I was saying back at the start of the market crash that we should all be hoarding yen
>>

 No.374409

<Acrivity in crisis general
Oh, let's see what kind of nothingburger we have today.
>>

 No.375612

>>374400
Why would you want bonds with current interest rates? And in a foreign currency no less!
>>

 No.375668

>>375612
You could hedge the bonds if you don't want to be exposed to currency risk. Probably a good idea to do that if you're holding foreign bonds. The other part is right though bonds when interest rates are so low and likey to go up in the future, that isn't ideal.
>>

 No.375803

>tfw just bought indexes that track silver and crude oil

Feeling good bros
>>

 No.375965

>>375803
Are you shorting them?
>>

 No.385641

https://www.money.it/Debito-junk-inflazione-game-over

(Translate it before reading)

>Junk bond yielding less than inflation


Is it fucking over? Did investing just become meaningless?
If there's no profit at all to be made via non-speculative finance what does this signal about the state of the overall system?
>>

 No.385700

>>374298
I bought tomato stocks. Mamma mia, gonna make a mean pasta
>>

 No.385709

File: 1626612963494.jpg ( 32.44 KB , 768x432 , how-photos-became-a-weapon….jpg )

>>385641
Good times are just around the corner anon
>>

 No.385830

>>385641
Eh it's still better then holding it in cash technically.
>>

 No.385924

>>

 No.386133

Professor Richard Wolff: This Economy Cannot Survive The Delta Variant
https://www.youtube.com/watch?v=oZ1j3QVBb88
>>

 No.387659

Hello? Where is the activity in this thread? DOW is down nearly 800 pts. In the European banks department DB is down 4% and Banco Santander down nearly 5%
>>

 No.387668

>>387659
<Dow down 800 points
Interesting.

1000 points would be the real deal though.
>>

 No.387670

100 years of predicting the soon end of capitalism is it?
>>

 No.387672

>>387659
i'm gonna wait tbh, look at the Dow YTD chart - it's a promising start to the week however
>>

 No.387680

File: 1626705261918.png ( 220.67 KB , 1155x661 , ClipboardImage.png )

>>

 No.387683

File: 1626705345868.png ( 27.18 KB , 540x198 , 1.png )

TIME TO INSTALL RAILROAD TYCOON
>>

 No.387687

>>387683
How is your freight empire gonna flourish in these economic conditions?
>>

 No.387689

File: 1626705470305.png ( 491.23 KB , 1427x838 , 1.png )

winners include nvidia (because poopcoin) and moderna (because vaccine)
>>

 No.387692

its probably not the pop but it sure does seem like the momentum from the massive poomp that was the cares act is running out
>>

 No.387695

>>387680
I don't believe environment doesn't matter, I believe there are other factors that matter like genes and I think there are some instances where very wealthy people did stuff that was the opposite of their own material interest, like the crusades
>>

 No.387709

File: 1626705918280-0.png ( 62.53 KB , 869x520 , 1.png )

File: 1626705918280-1.png ( 65.12 KB , 892x573 , 2.png )

Europe about to close. Biggest two losers are Italy followed by Germany.

how come?
>>

 No.387712

>>387709
with Merkel going the long time of stagnation may end and germany is looking into uncertain future
>>

 No.387716

>>387712
I checked Italian news. They blame it on the Covid Delta variant.
>>

 No.387773

>>387716
Market watch is playing the delta strain as well
>>

 No.387781

>>387687
Well last time the railway barons were bailed out by the military industrial complex thanks to WWII.
>>

 No.387814

>>387773
makes it seem like the pop is close if they are prepping covid crashed the economy again narrative
>>

 No.387833

>>387814
Especially because the "CHAYNAH virus" narrative is super convenient for finding a culprit.
>>

 No.387836

-800
>>

 No.387844

It'll all come back tomorrow I'll believe something's up when I see it.
>>

 No.387845

LINE GO DOWN!
>>

 No.387853

>>

 No.387857

Will bitcoin drop below 30k again?
>>

 No.387861

File: 1626711715046.png ( 6.56 KB , 493x75 , fear.PNG )

>>

 No.387865

File: 1626711812898.png ( 400.65 KB , 601x601 , 1515215557_1479744192003.png )

I call anons to send their energy for every AH is another point DOWN
AHAAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHHAHAHAAHHAAHAHHAHAAHHAHAHAAHHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAJAHAHAHAHAHAHAHAHAHAHAHAHA
>>

 No.387866

>>387861
>not my fault
lmao
>>

 No.387874

>>385641
That it's a ponzi scheme.
>>

 No.387877

>>385641
Anyone got good data on profit rates in these modern times? Since the western world is facing slower growth these days it wouldn't surprise me if that's partially at fault.
>>

 No.387896

File: 1626712842799-0.png ( 75.36 KB , 734x532 , 1.png )

File: 1626712842799-1.png ( 104.42 KB , 733x546 , 2.png )

>>

 No.387902

-920
>>

 No.387908

>>387902
goddamnit DJIA don't tease me like this
>>

 No.387921

>>387857
<vwce
<s&p500 etf
<smallcap etf
<gme
<ibm
>>

 No.387922

now that the whole "recovery economy" is collapsing they're gonna blame this all on the ligma variant and lock us down again. I know it's prob a twitter meme that won't manifest but they'll make sure total lockdown by October bc of the rumored general strike.
>>

 No.387926

>>387922
They can't shut down again. The system already got fucked by the last one. Look at how things got in 2020. The ruling class can't afford the instability and chaos another shutdown would bring. Hell we're probably gonna see the utter collapse of the economy within the next couple months or year.
>>

 No.387944

File: 1626715472718.png ( 49.13 KB , 512x512 , 27.png )

>>387709
-5% or nothingburger
>>

 No.387949

>>387944
I know you guys are completely desensitized to this after last year but usually markets rise about 7-10% per year so a 5% fall in one day is noteworthy.
>>

 No.387953

>>387949
The collapse has already happened. We've been in a depression for a year already. The stock market tracks the bourgeoisie collective consciousness, not the economy. Line go down means bourgeoisie are despairing.
>>

 No.387958

>>387949
Remember when leftypol went crazy over a 4.6% drop in February of '18
>>

 No.387961

>>387949
It's only down 2.63% though what are you talking about
>>

 No.387963

>>387961
when 3 pm comes around it'll either recovery or go in free fall
>>

 No.387968

>>387953
Depression how? Unemployment has shrunk dramatically, corporate profits are back up, and bonds have rebounded as well.
>>

 No.387976

>>387968
The same thing that happened to Japan in 1990 where capital gets trapped in the financial sector (the velocity of the money is already at the lowest since the end of WWII) that causes the M-C-M cycle to slow.
>>

 No.387985

File: 1626716954276.png ( 71.12 KB , 206x195 , 1618068611347.png )

>>387968
Did you miss the part where corporations are entrapping people by offering money for interviews to get them off unemployment? Or yet another extension to eviction moratoriums?
>>

 No.387989

>>387963
Pro-tip: it always goes up due to Plunge Protection Team.

>>387976
That's stagflation and a Lost Decade, not a crash and depression.
>>

 No.388009

>>387985
What does the first part mean? Corporations are faking employment records just to make the economy seem like it's recovering?
>>

 No.388013

>>387989
Japan suffered deflation (due to firms paying down their debt) not inflation so it would not be stagflation (stagnation plus inflation). Also we are not talking about the Asian market (that was bailed out by the IMF and World Bank) but the world economy itself so thinks are not going to play out the same.
>>

 No.388017

>>388009
No, the jobs they're offering are absolute dogshit.
>>

 No.388018

>>388009
I think he might be talking about zero hours contracts
>>

 No.388020

>>388017
Are they worse than pre-pandemic ones though?
>>

 No.388025

File: 1626717683551.png ( 184.03 KB , 777x816 , 1.png )

>>

 No.388028

>>388020
US unemployment benefit is $300 per week. $7.5 for 40 hours. What do you think would compel people to stay on it?
>>

 No.388042

>>388028
>people getting rich for not doing anything
and you fuckers deny that this is a socialist system
>>

 No.388050

>>388028
Why is the unemployment benefit so high? Seems like a strategic misstep by the government. Even then, most of the unemployment rise last year has since shrunk back.
>>

 No.388053

>>387968
Junk bonds yield less than inflation.
ANY non speculative class of investment is functionally making investors lose money.

I hope they keep fueling the bubble.
Its magnificent
>>

 No.388058

>>388042
ancap bait posters need to step up their game
>>

 No.388069

File: 1626719138175.png ( 35.92 KB , 850x343 , Japan-Composition-of-Stimu….png )

>>388013
Oh you're talking about debt deflation, yeah that's what they are trying to prevent with QE and stimulus. But just like in Japan, the money just gets recycled by porky. The only way for profits to go up is for wages to go up under Fordist capitalism, but fordism is obsolete in the era of globalized finance and supply chains.
>>

 No.388072

>>387958
yes, i got burned by that and spring of 2020. shit's still funny though. https://www.youtube.com/watch?v=MR3b6COJcAI
>>

 No.388073

>>387958
pretty much every economist agreed that it was a significant event
>>

 No.388083

>>388069
<The only way for profits to go up is for wages to go up

That's true for the TOTAL of profits.
But boosting in this way the total of profits means slashing the RATE at which they are accrued.

Its a no-no for capitalists.
>>

 No.388092

>>388089
dude, just repurpose the fucking computers

what the fug, man
>>

 No.388101

File: 1626719876686-1.png ( 444.17 KB , 794x983 , INFOGRAFIK BI V1.png )

>>388092
>>388089
>20% of malaysians have no computers
>dude, let's just steamroll 1,1k computers because the devil inhabits the harddrives or something instead of reformatting the harddrives and giving the computers to poor students or families
capitalist government logic
>>

 No.388104

File: 1626720062822.mp4 ( 1.03 MB , 568x270 , 1626720060213.mp4 )

>>

 No.388108

File: 1626720104487.png ( 166.85 KB , 424x424 , 5b9dc4189d730.png )

>>388089
ALL DOSE VIDYA CARDS
>>

 No.388109

>>388089
>>388108
>ALL DOSE VIDYA CARDS
it might have been special bitcoin mining asics not general purpose computers
>>

 No.388114

>>388083
Eventually the rate goes to zero tho, which is why it's self-defeating except it makes sense on an individual level until it reaches the crisis point.
>>

 No.388116

File: 1626720629490.jpg ( 102.22 KB , 654x862 , 1481340292815.jpg )

>>388109
NOBODY IS MAKING ELECTRONICS SPECIFICALLY TO MINE CRYPTO

IT'S A PREBUILT BUT OPTIMIZED FOR MINING

THERE'S STILL A GRAFIX CARD IN THERE
>>

 No.388125

File: 1626721037523.jpg ( 76.67 KB , 1024x678 , bitcoin mining asic.jpg )

>>388116
NOBODY IS MAKING ELECTRONICS SPECIFICALLY TO MINE CRYPTO
there are dedicated mining chips
https://www.buybitcoinworldwide.com/mining/hardware/
>>

 No.388126

>>388101
>>388116
This is false, ASICs are specifically made for mining BTC. They can't just reformat the hard drives and be repurposed as general computers. https://www.investopedia.com/terms/a/asic.asp
>>

 No.388127

>>388116
Wrong. ASIC miners literally can't be used for anything else.
>>

 No.388130

File: 1626721279320.png ( 196.11 KB , 849x929 , bear knife.png )

3 PM
>>

 No.388131

>>388127
So y'know; steamrolling them is based, actually.
>>

 No.388138

File: 1626721612391.jpg ( 395.7 KB , 900x1200 , 1417880983628.jpg )

>>388131
Alright then, that calms me down a bit.



It's 20k per rig?
>>

 No.388145

>>388127
seriously? why is that?
>>

 No.388155

>>

 No.388158

>>387968
Well their are a couple of factors here. For starters you need to understand stocks aren't the economy they're where profit is distributed. A good jobs report doesn't mean higher profits and in fact can signal the opposite. If unemployment is too low (for capitalist tastes) wages rise and the fed may rise interest rates leading to a lower expected profit meaning people dump there stocks. Of course if unemployment is too high that's bad too cause you need workers to make money. Stocks make a lot more sense when you realize all the price of a stock means is how likely "the market" expects there to be a profit in the short to medium term.
>>

 No.388160

>>388114
That's Marxism baby
>>

 No.388163

>>388145
Again, they're specifically designed to hash away at crypto block headers. If they were good for anything else then the screeching environmentalists wouldn't be as loud.
>>

 No.388167

>>388160
Please make a leftypol banner out of this
>>

 No.388171

>>388126
>>388155
okay, then steamroll is justified
>>

 No.388172

File: 1626722871468.png ( 16.55 KB , 300x100 , ClipboardImage.png )

>>

 No.388175

>>388155
wouldn't this kind of machinery just make crypto mining prohibitively expensive for the average user? I doubt that non-dedicated rigs can compete with that kind of (alleged) efficiency.
>>

 No.388181

>>388175
Optimized rigs can only mine one type of currency. GPUs can mine anything.
>>

 No.388203

File: 1626724608717.png ( 69.21 KB , 396x533 , 1626723032943.png )

>>

 No.388213

>>388203
What recovery?
>>

 No.388215

>>388213
Shh, porky thinks everything will "go back to normal".
>>

 No.388235

File: 1626726033871.png ( 301.94 KB , 476x533 , dsaffadfdsa.PNG )

>>388089
AHAHAHAHAHAHAHAHAHAHAHAHAH!
>>

 No.388244

File: 1626726526354.jpg ( 164.82 KB , 640x837 , f739b443cb30000b128da10ca0….jpg )

>>

 No.388262

line that went down will probably go back up this week
>>

 No.388282

File: 1626727381458.jpg ( 154.79 KB , 1079x965 , qulw9m4ed2821.jpg )

>>388262
THE CRAB MARKET IS ETERNAL
>>

 No.388290

File: 1626727565217.jpg ( 1.16 MB , 2024x1349 , Eggplant_gang.jpg )

today I'll remind them
>>

 No.388302

File: 1626727897507.jpg ( 555.6 KB , 1280x720 , 20200509_161014.jpg )

>>388290
Based but blue pilled
>>

 No.388313

>>388290
I'm so fucking hungry god damn it
>>

 No.388388

>>388092
they look like ASICs not general purpose PCs
>>

 No.388457

Nothingburger.

Line went back up at day's end.
>>

 No.388470

File: 1626732693915.jpg ( 314.08 KB , 1080x1617 , Official_recession.jpg )

>>388213
It's
O F F I C I A L
>>

 No.388610

File: 1626739274587.gif ( 176.53 KB , 410x274 , 7f4f32991a677d02172305fe79….gif )

>>388470
>>>two fucking months
>>

 No.388612

File: 1626739404067.jpg ( 61.91 KB , 557x900 , 63a20910980d660681a38b9851….jpg )

So what's the endpoint for all of this? Will porky just keep playing this game of crash then go back up then crash again and so on till the end of time or will the line just refuse to go up again one day?
>>

 No.388619

>>388470
Its over Porky wins again.
>>

 No.388638

>>388612
its not just about the line, but yeah thats how it works in general. Crises are crises for individuals, not for the system as a whole. Capitalism strengthens and transforms every time.
>>

 No.388640

>>388470
Lmao what? Just goes to show that economist only care about the economy so much as its working for the upper class the rest can go fuck themselves.
>>

 No.388642

>>388638
But then how can new value be created if there is generally a cap on human productivity and resource abundance? Capital can't just keep growing forever.
>>

 No.388648

>>388638
However, crises are when the left has time to maneuver. When faith in the system is shaken is the best time to present an alternative; while porky's down and regathering his strength is when we can try to cut his throat and halt the cycle completely.

Join your local left group, lads, we've work ahead of us.
>>

 No.388696

>>388640
Isn't the economy pretty much back to where it was before the pandemic?
>>

 No.388699

>>388696
Yes prole nothing to see here. Now get back in your wage cage.
>>

 No.388700

File: 1626743441602-0.webm ( 14.65 MB , 512x288 , 1929Crash.webm )

>>388638
>Crises are crises for individuals, not for the system as a whole. Capitalism strengthens and transforms every time.
Then why was the capitalist world shitting itself during the first 5 year plans of the USSR? While industry stagnated in the capitalist world, the USSR broke growth records.
>>

 No.388805

File: 1626746087726.jpg ( 120.99 KB , 1044x1200 , kill la kill matoi angry n….jpg )

>>388089
I NEED A TENS OF THOSE
>>

 No.388811

>>388700
lmao you don't seriously believe that
>>

 No.388833

File: 1626746960229-0.png ( 192.07 KB , 405x289 , 1930Coal.png )

File: 1626746960229-1.jpg ( 78.31 KB , 600x415 , stal-cccp.jpg )

>>388811
In tonnage the USSR curb stomped the west in output. It is how the USSR was able to spit out so many tanks, artillery and ammo during 1944.
>>

 No.388853

>>388642
true, i don't mean Capital will be able to grow forever, just that it's internal contradictions are not fatal contradictions, they are essentially the same as the contradiction in every subjectivity. And when there are crises in capitalism, the system as a whole isn't hurt. It's molting, shedding the old and consolidating. Through this capitalism won't stay the same, the rate of profit does drop, and more and more centralization happens each time, so there seems there might be a limit, but i think it's one of those "quantity into quality" situations. Eventually it might be a very communist capitalism. But unless people reach some undiscovered point beyond which they won't accept, or we literally run out of resources, i doubt it will end of its own accord. (I do think that leftists can influence the collapse of Capital and it's replacement, i'm not an accelerationist pessimist. But it won't be both spontaneous movement of the masses, and overtly political. It will either be an accelerated decay that radically changes the system in a way that undermines supply chains and the legal system, or it will be a conscious, explicit effort by self-proclaimed leftists against the whole thing)
>>

 No.388857

>>388833
USSR was advanced capitalism 🤐, americans just wanted to win a stupid east vs west culture war and are in a permanent state of spaz
>>

 No.388861

File: 1626747862825.gif ( 106.55 KB , 220x146 , disney-mm-wack.gif )

>>388857
>was advanced capitalism
>>

 No.388865

>>388857
I wouldn't call Stalin's USSR advanced capitalism, it was accumulating means of production for the sake of having more means to build a modern society (i.e you can't build homes without building materials). Also after the 1929 crash overproduction caused industry in the capitalist world to grind to a crawl while Stalin didn't give a shit about the global market and focused on making his domestic metrics on economy and society go higher.
>>

 No.389016

BTC appears to be crashing
>>

 No.389022

i just bought a house. was this a good or terrible idea? if dubs, i'm fucked. if singles, petty bourgeois lifestyle 4 lyfe
>>

 No.389024

>>389016
What a wild ride
>>

 No.389026

>>388089
Very wasteful but I'll take the seething of bitcoin redditors as consolation
>>

 No.389029

File: 1626751026592.jpg ( 61.56 KB , 731x437 , biz.jpg )

>>389022
Dubs says you're fucked
>>

 No.389033

>>

 No.389038

File: 1626751200875.png ( 1.91 MB , 1033x1033 , GigachadEnlightened.png )

>>388101
>Destroy the computers because the devil inhabits the harddrives or something.
Based.
>>

 No.389040

File: 1626751222382.jpg ( 22.13 KB , 480x360 , 12367867867.jpg )

>>389022
>he bought at the top
u dun fucking goofed son
i know a ton of people who recently sold their homes and are living out of air bnb because we're at the top and they want to make bank on it
>>

 No.389047

File: 1626751395214.jpg ( 48.24 KB , 619x635 , JazzMusicStops.jpg )

>>389022
>he bought
If you bought it outright then i guess technically your fine since all it means is the property will likely lose some value.
If you have a mortage your getting SUB-PRIMED.COM the second the Yuan becomes the global reserve currency so your bank can recoup its losses.
>>

 No.389057

BTC SUB 30K
BTC SUB 30K
BTC SUB 30K

PERCENTAGE OF PINK WOJAK POSTS ON BIZ :
ROUGHLY 50%

GENERAL MOOD :
SUICIDAL
>>

 No.389063

File: 1626751696359.png ( 419.82 KB , 666x666 , wake me up.png )

it's over
>>

 No.389068

File: 1626751765502.jpg ( 27.72 KB , 630x379 , 123123.jpg )

AAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH
>>

 No.389076

File: 1626751956439-0.png ( 80.3 KB , 303x522 , 5.png )

File: 1626751956439-1.png ( 195.79 KB , 620x438 , 4.png )

File: 1626751956439-2.png ( 75.16 KB , 303x337 , 3.png )

File: 1626751956439-3.png ( 200.46 KB , 608x645 , 2.png )

File: 1626751956439-4.png ( 182.93 KB , 306x908 , 1.png )

>>

 No.389077

File: 1626751958475.jpg ( 35.96 KB , 956x286 , btc.jpg )

its unironically over for cryptofags
>>

 No.389080

>BTC Down 6%
>XRP down 10%
>Ethereum down 8%
>Cardano down 10%
Guys….
>>

 No.389082

File: 1626752048693-0.png ( 672.91 KB , 1274x938 , 5.png )

File: 1626752048693-1.png ( 76.64 KB , 301x410 , 4.png )

File: 1626752048693-2.png ( 116.33 KB , 292x541 , 3.png )

File: 1626752048693-3.png ( 102.21 KB , 318x393 , 2.png )

File: 1626752048693-4.png ( 217.09 KB , 611x609 , 1.png )

>>

 No.389090

File: 1626752183724-0.png ( 121.54 KB , 273x417 , 5.png )

File: 1626752183724-1.png ( 417.6 KB , 1563x565 , 4.png )

File: 1626752183724-2.png ( 290.62 KB , 967x597 , 3.png )

File: 1626752183724-3.png ( 248.35 KB , 598x610 , 2.png )

File: 1626752183724-4.png ( 124.9 KB , 317x603 , 1.png )

>>

 No.389094

I only ever go on /biz/ for pink wojak catalogs.
>>

 No.389096

Did the US pull all their crypto assets?
>>

 No.389097

File: 1626752322218.gif ( 3.63 MB , 286x258 , 1602461932990.gif )

>>389077
AHAHAHAHAHAHA
>>

 No.389101

File: 1626752456168.jpg ( 32.97 KB , 369x368 , Chainlinkpicardia.jpg )

>-11%
<"Thx for playing autists, no refunds."
>>

 No.389108

>>389077
What is the significance of BTC being below 30k, again? Something about it being unprofitable to mine?

https://www.youtube.com/watch?v=y28Diszaoo4
>>

 No.389110

>>389108
Eventually it will cost more to mine then the chinese guy operating a supercomputer out of a warehouse can afford and coin generation will collapse.
>>

 No.389112

>>389110
And deflation means green line go up, no?
>>

 No.389114

File: 1626752912413.jpg ( 43.99 KB , 215x358 , 1e3.jpg )

>>389110
Good, reset this rigged game. Wipe the slate clean
>>

 No.389116

>>389094
same
unless ofc I want to debate LToV
>>

 No.389117

>>389108
All it means (for /biz/) is if you bought in above 30k, you're not gonna make a profit. Hell, you might not be able to sell your Bitcoin cuz no-one wants it, then you'd be out of any kind of return.
>>

 No.389120

monero nerd here, i'm not sweating at all
Valuation goes up and down. It never goes far from it's trend. around 150-250 is where it's value should be.
It will only go up in the future
>>

 No.389121

>>389120
Labour theory of value is pretty much going to kick your ass, and fuck your mum (Or vice versa).
>>

 No.389129

>>389117
I'm thinking something else happened. Crypto now is a sea of red. Last time, it was in parallel with the big Dow Jones collapse, as I suspect shit in the real world hit the fan and suddenly side-projects like bubble speculation had to be liquidated.

It always fucks me off how (IF) you get news, it's always way after the fact, because we live in an unplanned economy. And you will witness physical evidence of nukes hitting the ground before ever reading the news that major powers went to war.
>>

 No.389132

>>389120
Pyramid scheme enthusiast here, i'm not sweating at all.
Valuation goes up and down. It never goes far from the initial joiners who profit off of gullible people. It never goes top to bottom. around 150-250 members is when your pyramid scheme gets really profitable.
It will only be more lucrative to the initial joiners in the future.
>>

 No.389142

>>389120
>Monero.
So fiat knockoff Bitcoin?
Alt-Coins dont even have the gimmick of bitcoin of being a 'non-fiat store of value' (which it aint lol)
If Monero moons all thats going to happen is some Malayan or South-Korean guy building a Fugaku system tier supercomputer in his basement and flooding the market with trillions of worthless units of Monero.
>>

 No.389160

Screw Ethereum in particular, and its doublethink use of decentralization.
>>

 No.389167

>>387958
https://arxiv.org/pdf/1806.00529.pdf

Literally a significant event you weeghur
>>

 No.389182

File: 1626755497633.jpg ( 31.84 KB , 590x327 , 12313.jpg )

just broke 4% and dropping
>>

 No.389402

Why is bitcoin dropping again wtf
>>

 No.389448

File: 1626762591362.png ( 598.86 KB , 996x868 , AU.png )

>R/Bitcoin

>I’m a simple man , price dips? I buy more … Price goes up? I buy more

>Im so happy I’ve finally realized the true value of this coin and hopefully I can look back in 5 years and be thankful that I put money into it

>In 2013-2014 I got a couple Bitcoin for around $200 each , I can’t quite remember how much it was but I ended up spending it on weed…


>I’ll never make that mistake again!! Like they say hindsight is 2020 right


>But now I realize how valuable this can be one day , and I’m just amazed at the tech behind it all and all the cool stuff coming out in this field


>I fucking love Bitcoin

>and I’m gonna keep stacking sats until I can pass them on to my kids one day
>>

 No.389556

>>389129
Yeah, I'm thinking the same, anon.
Screams to me like the big boys might be pulling their crypto assets out in response to something larger on the horizon.
>>

 No.389859

>Getting excited that Bitcoin is at a monthly low, despite being like four times higher than were it was from the beginning of last year
This is why you commies lose, you don't think long tern.
>>

 No.389861

>>389859
>capitalism
>long term
>>

 No.389863

File: 1626783879928.jpg ( 56.26 KB , 633x758 , 829b12794b56e556fce7cd6283….jpg )

>>389861
It outlasted communism severalfold
>>

 No.389866

>>389057
Oh should have been around when it went from 20k all the way down to 3k back in 2018. You thought biz was bad now Haha oh man the salt back then.

>>389080
When BTC loses halfs it value again send me screenshots please. I have my own little bag of crypto but I sold some being smart about the height of some of the coins, plus needed cash.

>>389863
Joke went over your head. Capitalists' never think long term. As an Ancap you should know this since you most likely care about your short term gains by any means necessary.
>>

 No.390127

File: 1626792794192.jpg ( 224.06 KB , 645x773 , 1514049942843.jpg )

Anyone else make at least a thousand bucks today? Markets are BOOMIN right now
>>

 No.390130

LINE GO DOWN LINE GO DOWN

STOP GO UP, LINE MUST GO DOWN
>>

 No.390298

File: 1626796877464.png ( 501.37 KB , 673x750 , 20201215_172224.png )

https://www.marketwatch.com/story/u-s-warns-travelers-to-avoid-u-k-as-long-as-delta-variant-of-covid-is-rampant-and-study-finds-india-death-toll-likely-10-times-higher-than-official-count-11626792256?mod=futures
<U.S. warns travelers to avoid U.K. as long as delta variant of COVID is rampant, and study finds India death toll likely 10 times higher than official count
>>

 No.390332

File: 1626797560902-0.jpg ( 40.97 KB , 570x759 , 20210720_101014.jpg )

File: 1626797560902-1.png ( 124.54 KB , 344x342 , 1611872069441.png )

>>

 No.390364

>>390332
Capitalist economy: +1.50%
Socialist economy: +0.00% (for three decades straight now lmao)
>>

 No.390368

File: 1626798522896.gif ( 247.81 KB , 773x1000 , 1cee5bc656798a008fcfa47fbb….gif )

>>390364
Go suck on daddy government's hot air
>>

 No.390393

>>390368
I'm not rich enough to really benefit from subsidies but my stocks ARE enjoying these reverse repos.
>>

 No.390398

File: 1626799321705-1.mp4 ( 724.89 KB , 416x360 , Dialectics.mp4 )

It's always hilarious, when the ancrap nerds come here, while their shitcoins are getting BTFO, to tell us how totally not mad they are and projecting their cope on us. XD

There is no magic money printer to save you. Instead the world's governments increasingly crack down on you now
>>

 No.390401

File: 1626799490541.jpg ( 45.42 KB , 600x397 , communism-memes.jpg )

>>390398
Just dialects in motion
>>

 No.390486

>>389121
it's a currency, not a commodity
>>389132
nah it's not about it making money me money. its about it holding its value long-term. It's the USD of black markets
>>389142
>Alt-Coins dont even have the gimmick of bitcoin of being a 'non-fiat store of value' (which it aint lol)
why? It's legitimately better than BTC in every way, and BTC is being increasingly phased out of real use in favor of monero.(though it probably will remain the norm unless something big breaks it and forces people to migrate)
>If Monero moons
it already mooned, and i hope less people use it in a speculative frenzy type way. It crowds the validators
>>

 No.390492

>>390486
>it's a currency, not a commodity
thats literally the same
>>

 No.390503

>>390492
sure, but no one says "USD is gonna get btfo by ltv"
we accept that things can have value as exchange mediums without corresponding to any work put into them or value expected out of them
>>

 No.390534

>>390503
>we accept that things can have value as exchange mediums without corresponding to any work put into them or value expected out of them
If there isnt any value in them they stop beeing currency it is only currency in the sense that it is a general value form
>>

 No.390591

>>389129
Well, GME seems to be doing well for me. Stable at $180, even when the market is crashing.
Is that dude who opened a bunch of calls on it at $160 still here?
>>

 No.390799

REEEEEE they can't keep getting away with it, hope this shit goes red tomorrow
>>

 No.390821

>>390332
I don’t have any idea what’s I’m looking at. I see some decimals and green numbers for a reason. I imagine this means the economy is doing great? 👀
>>

 No.390824

File: 1626812951368.png ( 646.56 KB , 900x900 , 1623366510467.png )

>>390591
Is the market really crashing again?
>>

 No.390837

>>390821
Oh, the American economy? It's doing exceptionally well since Biden was elected. Turns out republicans are bad at the economy and the democrats know how to run it. Just a reminder that Bush caused the last economic crisis and it was Obama who solved it.
>>

 No.390855

>>390837
I wouldn't say they caused it. They exacerbated already existing economic issues that have gone back since the dawn of the industrial revolution. Dems are judt better at handling that because they aren't scaving retards who refuse to accept that if you don't give concessions the masses will have ypur heads.
>>

 No.390860

>he didn't buy the dip
>>

 No.390871

>>390837
Basically this. Democrats are better at capitalism than Republicans. I can’t wait till that vote thing is passed that makes it so the president can only be elected by the popular vote which would mean Democrats will be the only winning party for a long time, and they’ll probably make this country truly great.
>>

 No.390880

>>390871
amen, fellow leftist
>>

 No.390882

>>390880
Amen brother.
>>

 No.390890

>>390799
Sorry bud, more green tomorrow.
>>

 No.390936

PORKY CAN'T KEEP GETTING AWAY WITH IT
>>

 No.391007

>>

 No.391087

>>390364
>Socialist economy: +0.00%
<what is China
>>

 No.391091

>>391087
State capitalist with neoliberal characteristics.
>>

 No.391093

>>391091
>still having no definition of neoliberal
>>

 No.391155

>>391093
https://www.investopedia.com/terms/n/neoliberalism.asp
>Neoliberalism is a policy model that encompasses both politics and economics and seeks to transfer the control of economic factors from the public sector to the private sector. Many neoliberalism policies enhance the workings of free market capitalism and attempt to place limits on government spending, government regulation, and public ownership.
>Neoliberalism is often associated with the leadership of Margaret Thatcher–the prime minister of the U.K. from 1979 to 1990 and leader of the Conservative Party from 1975 to 1990–and Ronald Reagan, the 40th president of the U.S. (from 1981 to 1989). More recently, neoliberalism has been associated with policies of austerity and attempts to cut government spending on social programs.
>>

 No.391173

>>391093
capitalism with austere characteristics
>>

 No.391175

>>390824
No, it seems the Fed has figured out the benefits of cooperation, so there will be no bedshitting like in 2008.
>>

 No.391186

how fucked are my retirement savings bros
>>

 No.391188

>>391175
From what I've read, the fed seems to be backed into a corner. Can't raise interest rates for fear of the stimulus-addicted economy buckling but their current policy will continue the bubble and raise inflation. Can any comrades with bigger brains confirm the above?
>>

 No.391191

>>391188
Bumped and checked
>>

 No.391194

>>390871
Hopefully Dotard wins again and does more damage
>>

 No.391232

>>391194
It's been six months since Joe got elected, ffs. History doesn't happen once every four years. What Amerilard brainrot does a mf.
>>

 No.391236

>>389024
Bizzonacci really killed himself isn't it?
>>

 No.391421

>>391188
>le inflation meme again
Porky is buying into bonds despite zero yield and pushing le inflation spook
https://www.bloomberg.com/news/articles/2021-07-17/relentless-bond-rally-has-traders-wondering-what-they-missed

If there is any inflation it will be in what makes them a dollar and takes one from the poors.
>>

 No.391448

File: 1626842710299.jpg ( 27.03 KB , 600x600 , BogonPhone.jpg )

>*BZZT BZZT*
>"Yes?"
<"Master its just az you predicted."
>"He bought on ze El-Salvador hopium?"
<"Yes."
>"DUMP ETT! BELOW 30K THIS TIME!"
<"He's checking /biz/ for the day."
>"upload ze Bobo the bear and pink Wojak FUD!"
<"He's panicking he sold at 29.5K!."
>"Wake ze whales up have zem push it back up to 30K!"
<"He bought!…At 30.5K!"
>"Push ze line sideways for a few days and then we will load the next batch of Boomer scare FUD and China FUD! I want it down to 25K this time!"
<"Roger!"
>>

 No.391604

File: 1626850192062.png ( 35.1 KB , 936x1086 , 1619635979270.png )

>>391448
Always hilarious. Great job, anon
>>

 No.391625

>>391093
>Turns Shaghai into ancapistan
<"No this is not neoliberlalism i swear"
>>

 No.391628

>>391625
Shanghai if you have a negative view on China isn't 'Ancapistan' or even status-quo 'NeoLiberalism'.
Once China perfects vertical farming, sewage recycling and Salt-water de-salination its literally going to be a cyberpunk city led by evil corporations like Hong-Kong, Macau and Singapore
>>

 No.391639

>>391091
>china is neoliberal
>>391625
>china is ancap
the absolute state of theorylet anti-"dengists"
>>

 No.392010

>>391188
>>391188
If they were actually backed into a corner, the only thing to do would be to put the excess funds to work in major domestic investment like infrastructure or something (see MMT), but I’m not convinced they’re actually that backed in.
>>

 No.392015

>>391155
Yep so not china. They’ve renationalize or cryptonationalized (by planting CCP apparatchiks in veto-holding positions in every large company) most industry in the country.
>>

 No.392036

>>391639
<I wrote Shaghai
>you generalized to attack my point
Schopenauer called out this retard tactic 200 years ago, you're not clever you just reason like a 5th grader.
>>

 No.392198

>>392010
Porky has massive government sustained paper wealth that is literally taking him into outer space, I doubt he's "backed in" in any respect.
>>

 No.392202

>>392198
Realistically speaking this is about right
>>

 No.392214

File: 1626884114728.jpg ( 39.9 KB , 324x500 , 39f.jpg )

https://www.marketwatch.com/story/delta-variant-of-covid-is-now-in-124-countries-and-will-likely-be-dominant-strain-globally-within-months-says-who-11626878292?mod=futures
>
<Delta variant of SARS-CoV-2 is now in 124 countries and will likely be dominant strain globally within months, says WHO.
Delta already accounts for 83% of all COVID cases sequenced in the U.S., says CDC head
Nothing burger?
>>

 No.392222

>>392214
And… the based anti-vaxxers will aid in it's spread and eventual hurting of the market and the heightening of them contradictions. BASED
>>

 No.392223

File: 1626884660477.jpg ( 43.06 KB , 600x678 , 7ffc8c960de646d675107ffcf2….jpg )

>>392222
QUADS CONFIRMS
>>

 No.392230

>>392223
On the alter of them quads, I bless this fall will be just as bad as last year if not worse. I say this in the name of the digits Amen!
>>

 No.392233

>>391007 (me)
tomato can't compete
>>

 No.392235

>>

 No.392244

>>392015
>by planting CCP apparatchiks in veto-holding positions in every large company
<nationalization
Are you insane or just extremely idealistic? The economic base will always change the superstructural underlying ideology regardless of wishful thinking in the opposite direction. Making more CEOs in party members will make the party more corporate and liberal, not the other way around. Doing so will in every way turn the class interests of those people from the established Marxist - Leninism to neoliberalism which makes the corporations more profits. It’s like trusting Elon Musk when the fucker said that he’s a socialist when he’s obviously a board member to a multi-billion dollar conglomerate.
Fucking hell dengists are falling for the same mistake that doomed Mao’s political career. Thinking their ideology and party discipline can somehow overcome material reality.
>>

 No.392247

So, uh, when's the economic apocalypse gonna happend
>>

 No.392270

>>392247
1-2 yrs
>>

 No.392275

>>392247
It already is happening, the US economy is in a worst position then it was in 1971. Debt is asphyxiating the M-C-M cycle due lack of future growth to pull to the present.
>>

 No.392280

>>392244
They believe having oversight on something and controlling it are the same thing.
Don't ask them to keep an eye on your car.
>>

 No.392283

>>390837

cool, when was the Glass–Steagall Act again?
>>

 No.392292

So people keep asking ITT when will the next collapse happen. Fair.

One thing you have to understand that our economy (in fact, ANY economy) can be pretty accurately modeled based on physics and biology. Example:

<physics

>productive proletarian work, which is responsible for pretty much everything you need, like building houses, providing electricity, harvesting vegetables, etc.
are all physical processes. Just because magical line goes up it doesn't mean it has any connection to these real processes.

<biology

>capitalism literally can't continue on without the sufficient biological reproduction of the working class
>if proles can't eat, they can't work, reproduce, provide surplus value

Then there comes the fugging "social" aspect to all of this, meaning in Marxist terms, the relations of production, one's place in the prod. chain, the flow of capital, and so on.

Then comes the ideological justification and obfuscation that covers up all of the above. For example: that a burger woman having to work 3 jobs to be able to afford rent for a flat plus raising up a single child is unparalleled in human history as such.

Summing up: there are LITERAL physical, biological, and social limits NO MODE OF PRODUCTION can overcome. As the stock market lost all connection to the physical, biological, and social aspects of all of our lives, they resort to the ideological (obfuscating) aspect. Now you might ask: how long this shit can go on? The answer: the obfuscatory aspect can go on as long as the physico-biological can provide for a good chunk of the population.

To sum up all of the above: "le magic stock market" literally can't overrule biological and physical rules of our universe, and will soon reach a barrier.

>b-but when?

As long as it takes. At the very least 50% of Wallstreet shit is just a fucking bubble. Pure fake value pulled out of algorithmic asses.

>b-but

No. It's materialism, bitch. It HAS to come, because there are actual physical limits to all of this shit, no matter what "green line go up" says, which is largely a fucking fiction.

>b-but

No. It's materialism, bitch. The crisis will fucking ravage us, since the biological reproduction is threatened, upon which ANY mode of production relies.

>b-but

No. In social terms a larger and larger populace feels that this economy doesn't work for them, because it literally doesn't (see above).

>b-but

No.

>b-but when?

Literally any fucking moment when the bourgeoisie arrives at a physical/biological (i.e. material) LIMIT, wherein it becomes obvious that "owning" 300 tons of grain in stocks doesn't actually translate to feeding people, when owning stocks on rent doesn't translate to actual money being paid by workers, etc.

SO TO ANSWER YOUR QUESTION:
It (crisis) LITERALLY has to come, because materialism.
>>

 No.392293

>>392283
* repelled again
>>

 No.392354

>>392292
It's funny how you have to have a wall of text, making dubious predictions about a collapse of capitalism, when I just need to take a quick look at the indices to see it is still working great as ever. I've seen ya'll call for the end of capitalism since '18 on /crisis/, yet we are continuously making new market highs, with the economy recovering in other areas as well.
>>

 No.392368

>>392354
>ancap doesn't know what a wall looks like
>>

 No.392374

>>392368
You gotta pay premium++ platinum edition to look(tm) at a wall
>>

 No.392376

>>392368
Bruh, even my bitcoins are up, it's up 8%. If you trust the market you prosper, it's that simple.
>>

 No.392379

>>392247
Not earlier than 5 years.
>>

 No.392384

>>392376
>ancap doesn't know how to read
I was referring to your "wall of text" comment, which indicates you have clearly never seen a wall. https://tvtropes.org/pmwiki/pmwiki.php/Main/WallOfText
>>

 No.392387

>>392376
you do know that some abstract numbers dont say anything about the status of the Prodsuctive forces in the realtion to the relation of production
especially considering the crisis of idology and western hegemoney
>>

 No.392396

>>392376
Trust isn’t scientific. You make the market into a religion you dumb ancap loser. The market signals can be spotted and one can adjust their investments according market signals that can be measured and predicted, but hey keep trusting in some “godly hand” of the market, you’ll be making a few bucks here and there while I literally am making a diversified 155k a year and that’s only the start for me.
>>

 No.394125

Seems this thread died meaning the crisis is over. Capitalism is saved. Wages should increase with inflation any minute now…
>>

 No.394145

File: 1626971522769.jpg ( 43.77 KB , 571x754 , 20210722_103142.jpg )

>>

 No.394148

>>394145
Fuck me sideways, anyway the sp500 is low today
>>

 No.394310

I made even more money today, this is so so easy, all I have to do is long
The market never fails
>>

 No.395528

File: 1627007160834.png ( 429.04 KB , 620x699 , lmao.png )

>>

 No.395717

>>395528
BUY BUY BUY
>>

 No.395723

File: 1627014159461.jpeg ( 55.2 KB , 718x900 , ETWqQHVXsAEqk-p.jpeg )

>>395528

>it's real
>>

 No.395726

>>394145
Explain this bullshit.
>>

 No.395731

>>394310
How do I invest my money to make dividends, I don’t care to buy and sell. I just want to make a steady 100 bucks every quarter (3 months). Don’t give me no bullshit answer because I’ve gotten so much bullshit that I could spot that i just didn’t care to listen.

I know for a fact 100 percent that if you invest money that you can get a dividend either quarterly or every 6 months. So basically it goes like like this, company pays out 10% quarterly dividend to stockholders, you sink in 1000 bucks and you get back 100 dollars every month for a 400 dollar annual earnings. That simple. So don’t give me any random shit because even a layman like myself can spot bullshit as soon as I research that advice.
>>

 No.395863

>>394310
Ancap, line go up but poverty go up, is everyone just making bad market descions? If line go up indicates capitalism is healthy then it follows that rising poverty is also part of capitalism working as intended.
>>

 No.395882

>>395731
You need to put in serious money to get 100 dollars back as dividend. Like 40+k. I think. There might be stocks that pay more.
>>

 No.396168

>>395731
learn how to sell options contracts to receive premium every month
>>

 No.396233

>>395863
They should just invest in the stock market like I do, it's so easy, they choose to be poor. BTW I'm up AGAIN today lol God bless capitalism
>>

 No.396413

>>396233
Market is at all time highs today, economy is recovering, and I made over a thousand bucks AGAIN. Just accept capitalism already commies, it'll make you RICH.
>>

 No.396457

>>396413
How much did you start with?
>>

 No.396471

>>396168
Option contracts, complete made up shit.
>>

 No.396703

>>396233
prithee how are people floundering in poverty supposed to invest in the first place dipshit?
>>

 No.396712

>>396703
Just stop being poor lol
>>

 No.396785

>>396703
Save up money dummy. Stop ordering Grubhub every day, stop buying expensive iPhones, learn to carpool, make spare cash online, etc. You don't live in the Congo, make use of the resources you have…
>>

 No.396804

>>396785
I legitimately can’t tell if ancap poster is ironic or not
>>

 No.396812

>>396804
He is, but he's retarded to play the "b8" and "Irony" games with Ancrap, especially online.
>>

 No.396813

>>396804
Poes law, lol
>>

 No.396814

>>396785
wait wait don't tell me
iphone vuvuzela?
change society yet IPpHOONE?
poorpeoople refrigrater. vuvuzela cuba. avacado toaste.
>>

 No.396905

File: 1627074452771.jpg ( 34.93 KB , 293x298 , 087.jpg )

>>396712
best poster on this board
>>

 No.397009

has the market crashed, yet?
>>

 No.397015

>>397009
No, but the economy isn't stable either
https://www.marketwatch.com/story/opec-provides-an-oil-supply-cushion-as-coronavirus-delta-variant-threatens-demand-11626970495?mod=futures
OPEC+ provides an oil ‘supply cushion’ as coronavirus delta variant threatens demand
>>

 No.399503

File: 1627175657267-0.png ( 346.37 KB , 578x508 , biz.png )

File: 1627175657267-1.png ( 103.94 KB , 752x727 , ff3aceab66690feaaadabe5eeb….png )

This seems like the smart thing to do
>>

 No.399603

>>399503
>Fucking dumbocrat biden america, trying to stop people from becoming rentor servants!
>>

 No.399614

>>392354
yeah after like trillions of poomps. Whats gonna happen in the next crisis and the one after that where it isn't an option?
>>

 No.399624

File: 1627178178210.jpg ( 68.61 KB , 1199x498 , -X4CuS6dqZbg.jpg )

>>

 No.399643

>*BZZT BZZT*
<"Yes?"
>"He bought."
<"Excellent. Release the Coronavirus FUD!"
>"The global economy has collapsed. The restaurant he works in has closed"
<"But wait…The government is announcing a stimulus!"
<"Get the governor on the line!. Tell him to block the stimulus in his state in the name of 'balancing the budget' (lol)"
>"He cant pay rent, He's decided to move back in with his parents.
2021
>"He finally found a new job."
<"Release ze delta, alpha, beta, gamma, zetta, omega varients."
<"Release the 'vaccine dosen't work' FUD"
<"Release the Covid misinformation FUD"
>"The state he lives in went back into a limited lock down, he didn't get the job before they cancelled interviews.
<"Excellent."
>"WAIT! HE THINKS HE MAY BE ABLE TO SAVE ENOUGH FOR A DEPOSIT ON AN APARTMENT WITH HIS PARENTS HELP!!!!11!!!!"
<"Contact blackrock, have them buy every property they can at 50% of market value and then hike the price further!"
>"He gave up on the apartment, He thinks he may just use the money to buy a new car to get around in while he looks for work…"
<"Pump the price of a used car 50%, And hit the USD with 5% per-annum inflation"

And americans LOVE it
>>

 No.399661

>>

 No.399697

If I had listened to you tards earlier this year, I would have lost a lot of money not investing.
>>

 No.399729

>>399697
Speaking of, what are your thoughts on STOCKS these days?
>>

 No.400335

>>399729
New to the thread, but all I'll ever buy are index funds that replicate the global index
https://www.msci.com/acwi
ACWI is the true global index minus Frontier Markets, which is the closest you can get to the true global index.
I haven't seen true global index funds and the difference is negligible anyway
>>

 No.400504

>>

 No.400959

>>399729
The core of my portfolio is market cap weighted index funds but I also tilt towards small cap and value stocks, which are riskier but yield higher returns, in a way that gives me the same risk adjusted returns as a a market cap weighted index. No bonds plan to move into those later in life.
>>

 No.400995

Thoughts on based China collapsing their stock market? I think they did this to fuck over the American stock market. All the big US hedge funds invested are getting wrecked and US is pulling out. They may be trying to angle for a US market collapse by squeezing institutionals in burgerstan
>>

 No.401003

>>400995
Does that translate into a US victory if no investors are coming to China, instead aiming for Indonesia and other countries like India or Western allies? Or is it going to be the opposite?
>>

 No.401015

China cracked down on for profit education companies and now the US market is pulling out in a panic. I think china is driving out the burgers from their stonk market and might be a result of the trade war going on. This way they can self correct their inflated as market, meanwhile US stock market keeps pumping setting itself up for a bigger collapse.

Chinese stock market has lost 5% total market cap already. They know how to tamp down the money printer

https://www.cnbc.com/2021/07/23/us-listed-china-education-stocks-plunge-as-beijing-regulators-crack-down.html
>>

 No.401025

>>401003
Right now Chinese investors take their investments abroad in real estate etc, but with this and foreign investment purge and creating a drop in their stock market they may invigorate chinese investment with the lower prices.
>>

 No.401030

>>401003
Burgers are having a meltdown saying shit like “don’t invest in communism.” Either way burger booj investor tears are delicious
>>

 No.401042

>>401025
Oh I see. I thought America would benefit in the end of the day but luckily it's a short-term one.
>>

 No.401045

>>401030
Hahaha. A few months ago thy proposed a 2022 Olympics boycott (QTDTOT)
>>

 No.401051

https://ibb.co/xh7Zh1T

Big 10% drops across the board
>>

 No.401053

>>400930
You are doing it right. VT follow essentially the same index (but from other index provider). May I ask where are you checking the overlap figure?
>>

 No.401063

>>401042
With all the big porky investors in the US, they’ll be taking massive losses and scrambling to cover buy selling off other stocks. This could cascade into a broader collapse especially since next week is big earnings week for US markets and if they disappoint a big selloff is imminent. Porky has been pumping stocks beyond the dotcom boom levels the past month in anticipation for earnings, if they disappoint and with added pressure it could be a catalyst for the market collapse. I give it a few more months. But if they were hit hard enough it could be sooner
>>

 No.401065

File: 1627230395604.gif ( 108.46 KB , 105x105 , 456456-890890.gif )

>>401051
OH SHIT IS IT HAPPENING?
>>

 No.401075

>>

 No.401083

>>401063
Oh. God willing the US dollar will pretty much turn into the rupiah 10 years from now
>>

 No.401095

>>401065
Based china has fired the first shot
>>

 No.401098

lmao morgan stanley porky lost half a billion on one company alone
>>

 No.401103

>>401095
>>401051
>Dump eet.
>Dump eet again.
>And again.
>>

 No.401119

>>401051
New chinese regulation prohibits foreign investors from gaining a controlling stake in chinese edu companies. I wonder if this will start a protectionist war in the markets, US must be planning a response they wont let this slide
>>

 No.401122

>>401119
Wait, is that compensated or?
>>

 No.401129

File: 1627231778724.png ( 143.27 KB , 1280x720 , Printer.png )

>>401051
Nice!



BRRRRR
>>

 No.401159

>>

 No.401161

>>401129
BRRRRR
>>

 No.401235

>>401015
On one hand China cracked down on that, on the other they're planning on liberalizing their 21 free trade zones more and more to get FDIs.
Its mostly about getting yuan denominated investments IMHO.
>>

 No.401242

>>401075
Thank you
>>

 No.401246

>>401119
<Protectionist war in the global markets
Stop it, my dick can only get so erect
>>

 No.401336

China banning chinese companies from listing in the US. This is getting juicy

https://www.bloomberg.com/news/articles/2021-07-18/china-signals-end-to-2-trillion-u-s-stock-listing-juggernaut
>>

 No.401409

>Bitcoin correlated with stocks
>Leftypol says market is collapsing yet Bitcoin is actually flying right now
A nothing burger as usual.
>>

 No.401417

>>401409
>Bitcoin correlated with stocks
Lmao is how ancaps cope
>>

 No.401419

RED MONDAY?
>>

 No.401435

>>401419
Doubtful, only crab
>>

 No.401443

>>401015
420D Chess
>>

 No.402154

>>401419
Peachy at worst
>>

 No.402239

>>401417
>bitcoin up right as headlines hit msm about new tax loophole using crypto
like clockwork
>>

 No.402584

BITCOIN UP 15%
BASED BIDEN DID IT
CRASH AVERTED
>>

 No.403148

Capitalism always find a way, unlike socialism, which can't last more than 7 decades lmao
Anyways, did any one else get rich off of trading Bitcoin? My crypto wallet is BOOMIN
>>

 No.403192

>>403148
Jee I wonder why it couldn't be that Capitalism doesn't actually like competition and is actively trying to snuff out any alternatives at any chance it gets.

Also no I didn't get rich of trading BTC because I am doing something else. Accumulating through compounding interests. Only going to tap into it when I in need of it. Until then its just going to sit there and grow.
>>

 No.405277

>>

 No.405305

>>405277
Hardly a dent, and Bitcoin grew more than the S&P fell. Tomorrow the S&P goes up and we all get rich… I mean, assuming you bought.
>>

 No.405610

File: 1627424119775.png ( 123.5 KB , 482x427 , dry_wojack.png )

>>403148
i just hold privacycoins cause i'm a nerd….
it's mildly successful, not as much as if i'd really tried to maximize by selling high
i just hold and hold and hold, except when i buy shit….
the privacycoin economy will bloom someday
>>

 No.406677

Bros wtf we are in a meme economy, its dotcom boom 2.0. Tech is more overvalued than it was during the dotcom boom and everyone fucking knows it but the stupid fed money printer has kept their market going parabolic. It’s all so tiring and retarded seeing worthless companies with market cap of billions of dollars. Everyone is literally calling and waiting on the crash, yet the Fed keeps it alive like a profit zombie. It’s all so tiring how they keep stalling, when will these piglets let it crash already?
>>

 No.406714

>>401235

What about the capital control laws? Some time ago those were also tightened majorly on real estate investments allegedly. Also was the green only a temporary bounce?
>>

 No.409174

>Stonks climbing to record highs
>Bitcoin flying to 40k
I hope you commies have some assets yourselves… if not then don't complain you are poor later, because you have literally 0 excuse
>>

 No.409178

>>409174
not being to afford them in the first place is a pretty good excuse dumbass
>>

 No.409179

>>405277
how difficult would it be to hack into the computers that generate these values? to hack into online brokerage and cause a shitstorm?
>>

 No.409180

>>406677
dotcom boom was literally a fraud and speculation of astronomic scale

but todays tech have some base for it, at least its far less useless than it used to be in dotcom days

it will hardly devaluate and it is basically global now
>>

 No.409181

>>409178
Save up your money than LMAO
Tip: you don't need to keep buying weed, grubhub, funko pops, et al. If you really wanted to become rich you can do it but it won't be handed to you on a silver platter. That's what's good about this country is that if you really want to become successful you can, even if the system is not perfect!
>>

 No.409184

>>409181
average person have more chance with lottery than casino economics
>>

 No.409188

>>409184
Just buy and hold bro, I've been telling ya'll to buy and it just keeps going up. Go ahead and open up the S&P500 chart and look at the progress it's made over 10 years, heck, even one year. Just buy and hold and you will be rich like me.
>>

 No.409191

>>409181
Is it not concerning to you that you can make money by gambling on stocks that are derived from other people working? Isn't this literal parasitism? You're not better than Grubhub or Funko pop enjoyers because all you do is consume, you don't put anything back into the economy aside from the exact things you'd criticize a consoomer for.
>>

 No.409198

>>409191
I'm providing liquidity so that companies can better fund and expand their operations, thereby improving the economy. Think of it as a sort of freelance administrative work.
>>

 No.409219

>>409198
This is the stupidest thing I've heard in a long time. Just pure kek
>>

 No.409220

>>409219
It makes me a lot of money, it grows the economy, it makes everyone happy. Just buy some stocks and crypto bro and you'll stop being bitter 😃
>>

 No.409225

>>409198
You very rarely buy stocks from a company. You buy stocks from other stockholders speculating on future stock prices.
>>

 No.409229

>>409225
It still provides liquidity that serves to determine a worthwhile price for the stock, which if it's a good one will increase the company's cash flows. Companies try to attract new buyers all the time even if the amount of outstanding shares remains the same.
>>

 No.409232

>>403148
>>402154
>>405305
>>405610
>>409174
>>409188
>>409198
>>409220
>>409229

This Uyghur will sell the bottom one day and never sport that fag flag again.
>>

 No.409235

File: 1627575721707.jpg ( 130.49 KB , 1024x1001 , 20210727_103640.jpg )

>>409220
>>409229
I have already made some money of crypto and will use that money to fund organizations instead of blowing it into the meme economy like a useful retard. Keep coping.
>>

 No.409239

>>

 No.409243

>>409239
No, I did.
>>

 No.409244

>>

 No.409251

>>409244
Why? Do you doubt I would actually use that money for funding communist organizations?
>>

 No.409255

Currently hearing of inflation in Germany of over 3,4%. Could be happening?
>>

 No.409300

>>409255
Until you start seeing people burning their money again and living conditions start to hit hard. I say keep a close eye on the inflation in other countries because we might see some.
>>

 No.409314

>>409179
I dunno, I don't really fuck around enough with computers to know. But what I can say is it's anywhere from a pain, to literally impossible. But no one knows till they try
*please don't do it*
>>

 No.410340

File: 1627615752340.png ( 34.36 KB , 471x292 , 314325-67567567.png )

>USA now at 100k infections and rising on an exponential curve
>Biden refusing to extend rent moratoriums which about to run out
>Fed can't print anymore money without raising rates which would completely crash the economy
is it happening?
>>

 No.410341

>>410340
nothing ever happens
>>

 No.410365

File: 1627617237476.png ( 346.37 KB , 578x508 , 1627099370487.png )

>>

 No.410937

>>410340
>>Fed can't print anymore money without raising rates
[x]
>>

 No.410938

>>410341
my boy Zizek would never say such a thing, take off that flag you phoney
>>

 No.411002

>>410365
sad. but we will have to keep waiting
>>

 No.411006

>>410340
>>410937
Printing money lowers rates. However economy becomes destabilized and zombified
>>

 No.411008

how high is the real inflation in the us right now?
>>

 No.411109

File: 1627659611970.jpg ( 18.91 KB , 500x261 , ON RRP 7.29.jpg )

>>410937
The latest Fed tool is called the "reverse repo":
>Every afternoon at 12.45pm, the Federal Reserve does something that seems a little odd but has a perfectly rational purpose.
>It takes some of the $5.2tn in Treasuries it holds on its balance sheet, transfers ownership of some of them to money market funds and commercial banks, then credits itself with cash, in the same amount. The next day, the Fed reverses the transaction: it buys the Treasuries back. But this time the Fed loses a little money. It buys high, then sells low. On purpose.
>The banks and the money market funds participate because they have a lot of cash and they don’t have any better ideas of what to do with it. The Fed offers them this small profit as a kind of interest rate; the so-called reverse repo transaction sets a floor on interest in the money market.


>Again: all perfectly rational. But over the past year, the daily volume of reverse repo has grown, from zero to $900bn. That is a lot of extra cash. In theory, that should give lenders the confidence to lower their own rates and make loans more attractive.

>That’s the way central bankers prefer to do their jobs — buy or sell one set of assets, drag one key interest rate into the right place, set expectations and hope all the other interest rates will line up and follow. That’s happening now for some kinds of debt, in particular mortgages and corporate bonds. But it’s not working as well as it used to, for all interest rates.
https://outline.com/Lf9uYK

>RRP volume is quickly approaching $1 trillion a day, with today's reverse repo usage hitting the second highest on record at $987.3 billion and just shy of $1 trillion.

>And with QE still running at $120 billion a month, the Fed continues to inject liquidity into the markets, which then continues to recycle back to the Fed via the RRP facility.
>So how big will the Fed's reverse repo facility get? As Curvature's Scott Skyrm calculates, assuming QE will not change between now and the end of the year, it is about to get much bigger.
>During the month of April, RRP volume increased by $49 billion. $296 billion during the month of May, $362 billion* in June, and $124 billion in July. If RRP volume continues around the same pace, say $200 billion a month, RRP volume will reach $2 trillion by the end of the year.
>Looking at the trendline, it puts RRP volume at $2.5 trillion by the end of the year. However, RRP volume at the end of the year will be a large number, meaning it could very well approach $3 trillion by year end.
https://www.zerohedge.com/markets/25-trillion-reverse-repo-year-end

Tldr: "Value can be whatever I want" -Jerome Powell
>>

 No.411186

>>411109
>perfectly rational purpose

Imagine willfully ignoring the absurdity of this shit
>>

 No.411235

>>411186
See libs are so deep in ideology that they can't see the foundation.
>>

 No.411239

>>411186
also I think the author might have been writing it with a sarcastic undertone
>>

 No.411539

File: 1627677190604.jpg ( 154.93 KB , 1024x741 , strangers - realitymustdie.jpg )

FUCKING COLLAPSE ALREADY
>>

 No.411544

>>411539
We're not even at 2001 levels of P/E ratios for the S&P500, let alone those of 2008's. The Fed is committed to using the full range of tools to support the economy and will resolutely commit to further repo operations to prevent a collapse. So, no chance bucko, capitalism is here to stay.
>>

 No.411561

>>411544
cope, nothing lasts forever, especialy not late stage capitalism

stone age ended not because people ran out of stones
>>

 No.411608

>>411561
You commies have been prophesying the downfall of capitalism since Marx (over 150 years ago!), I'm going to trust the market gains a lot more than your silly ideology lol
>>

 No.411613

File: 1627680879565.jpg ( 69.82 KB , 540x720 , 4cecd8a655ff54def97a3eebd9….jpg )

>>411608
>Friendly reminder that the Roman Empire, the biggest empire ever conceived lasted several centuries and it collapsed anyway.

Marx said that capitalism would collapse eventually and be replaced by communism, it will happen eventually, the cracks are already there, maybe not the economic cracks (yet) but the social cracks are evident and will only grown deeper every day.

We can wait, we can wait because it's a historical inevitability, it will eventually happen, whether you like it or not.

Your days are numbered, the count may be high right now, but the countdown will eventually reach zero.
>>

 No.411624

File: 1627681281248.jpeg ( 64.23 KB , 600x315 , voltaire.jpeg )

>>411613
Marxists have been talking about social and economic and all kinds of other "cracks" for a long time, but it just hasn't happened. That's why we say "good in theory but not in practice", it doesn't happen in practice.
>>

 No.411630

>>411624
The cracks are certainly there, capitalism is weaker and more volatile than in 1991-1992, China is rising, the US is stagnating, there are cracks, everyone is able to see them, the right at large certainly sees them that's why they're trying to come up with ultra-nationalist almost Nazi rhetoric.

Capitalism itself acknowledges that crisis are inevitable, not even the most hardcore neolib will deny that eventually a crisis will come, that's just how capitalism works.

The collapse of the USSR was a very serious setback for socialism, no doubt about it, but 150 years is not that much time for an entire global system to collapse,most empires of the past lasted way longer and collapsed anyway, the struggle will last centuries we may not be able to see it, but it will eventually arrive.
>>

 No.411636

>>411624
Marx was wrong to assume how quick its downfall would occur. The contradiction will lead to it's inevitable collapse, probably in the next few decades. Unfortunate for Marx it wasn't as foreseeable in Lenin's time, as it is for in our live times. Communism may never come, anything in between may never come but capitalism will collapse under it's own weight this I see dare I say almost religiously. Can't blame Marx for not exactly knowing the pace for which this would occur. You could assume he was wrong to assume communism as a given next choice, instead of cataclysmic collapse (capitalism's very possible future)
>>

 No.411643

>>411630
>China is rising, the US is stagnating
The US was rising, the UK was stagnating, but capitalism continues.
>ultra-nationalist
They're all losing because neither capitalism nor the people really want them anymore, they've learned from history.
>most empires of the past lasted way longer and collapsed anyway
And yet the institution of private property continued and dominated under every single one of them, which exists in the present form as capitalism.
>>411636
Capitalism is very robust and finds a way out every single time. Marx thought it would fall soon, Lenin thought the same, as did American socialists of the early 20th century, as did Soviet leaders like Khrushchev, yet every one of them were wrong and capitalism was always right. Study history and take the hint.
>>

 No.411665

>>411643
throughout most of history "private property" wasn't a thing. all property was owned by the sovereign.

the fever -dream of free markets is turning into a nightmare. state capitalism will replace neoliberal capitalism, and after that, who knows but probably not communism. at least the speculators and investors will be "shown their place"
>>

 No.411666

>>411643
you'll calling something that's an eyeblink of human history "very robust" lol
>>

 No.411675

>>411643
"Soon" for us means 4 or 5 years.
"Soon" for history could mean centuries, capitalism (and even worse, neoliberalism) is still very young if you compare it with feudalism.
>>

 No.411682

>>411665
>>411666
>>411675
>all property was owned by the sovereign.
So, privately. At any rate humanity tends towards private property and capitalism just like it does towards medicine and infrastructure, even if they haven't existed previously. We all know very well that capitalism can adapt to newer times very dynamically, introducing things like widespread credit accessibility, various Federal Reserve operations, neoliberal strategy, etc. Socialism is a historical anomaly just like fascism and people now have the hindsight to avoid both of these.
>>

 No.411689

>>411682
You have to be very dumb to think that socialism means that literally everything will be collective and private property would be completely abolished.

Why would we want your toothbrush to be collective property?
>>

 No.411725

>>411643
I'll admit capitalism has been more resilient then historical Marxist have thought. Though with each passing crash, it becomes more and more unstable. More inequality, more poverty, more global tension's. In the past their were new market's to conquer, new resources and labor to exploit. Today globalization has spread to it's near furthest extents.

As long as the vines of capital can grow, it lives but it desires to always expand it is part of capital. When it no longer can it looks inward to host of itself. This leads to speculative financialization, when this parasitism is losing it's source of subsidence (the ability to expand the manufacturing and service sector) it collapse in a implosion. the real material terms of our environment and labor force are straining. It is in a fight with biology and entropy it can't hope to win. Capitalism during the cold war had all the 3rd world to harvest from, while using the social democracic bretton-woods economics subdue the populous to keep it all together at home. After it had the rest of the world to suck up substance (from a luck break to subvert the USSR with CIA sus shit) for a little longer. Today it has no where to go and is eating itself.
>>

 No.411728

File: 1627684714053.webm ( 1.05 MB , 640x480 , 1504583383763.webm )

>>411544
END THE FED
>>

 No.413267

File: 1627752782391.jpg ( 62.59 KB , 750x1000 , 234234234.jpg )

>Rent moratoriums expire today, July 31st
>Congress out on two week vacation
>10 million people may be homeless out on the streets
What is going to happen?
>>

 No.413329

>>413267
bullish for blackrock
>>

 No.413343

>>413267
Hopefully an assassination.
>>

 No.413351

>>413267
Absolutely nothing of any real significance.
>>

 No.413408

>>413267
They aren't getting evicted all in the same day.
>>

 No.413423

Debt ceiling is coming back.

What does this mean?

https://www.cbsnews.com/news/debt-ceiling-suspension-expires/
>>

 No.413430

>>413267
Dow 50,000
>>

 No.413439


https://thehill.com/hilltv/rising/565362-briahna-joy-gray-white-house-thinks-extending-student-loan-moratorium-is-a-bad

Briahna Joy Gray suggested Wednesday that the Biden administration is not interested in extending the moratorium on student loan payments because it would be a "bad look" that casts doubt on the economic recovery.

"What I have heard recently is that there has been reporting that the reason that the White House doesn't actually want to extend the student debt moratorium isn't for any principled reason, but because the administration wants to paint a picture that the economic crisis that the country has been in for the last year or so is actually over,"
>>

 No.413443

>>413423
<The debt ceiling is the amount the Treasury can borrow on behalf of the public. Raising or suspending that borrowing limit does not dictate how much money the government spends, but allows the U.S. to pay what has already been approved. The debt ceiling was suspended in 2019 under President Donald Trump.
>
<On Friday, the Treasury Department started taking its "extraordinary measures" ahead of the looming deadline and warned congressional leaders in a recent letter that the Treasury will need to start taking additional steps starting Monday to keep the U.S. from defaulting on its obligations if congressional action was not taken.
>
Treasury Secretary Janet Yellen said failure to meet its obligations would cause "irreparable harm" to the U.S. economy.
>>

 No.413449

File: 1627759393656-0.jpg ( 65.34 KB , 750x701 , 1611011420161.jpg )

File: 1627759393656-1.jpg ( 49.55 KB , 640x640 , p0g4n7xl65761.jpg )

>>413439
Sounds like the government is trying to appear strong, that's good, they're getting more desperate
>>

 No.413472

File: 1627760435699.png ( 55.95 KB , 789x458 , back2twerk.png )

>>413449
IT'S FINE BRO THE ECONOMY IS BACK JUST GO BACK TO WORK AT WENDYS!!!!
>>

 No.413476

>>413472
I'm not going back to the wage cage
>>

 No.413478

>>413472
interesting if true, but then again jackie boy is the guy who went from "based Biden putting rentoids in their place" to "noo muh poor homeowners" when he found out mortgages were covered by the moratorium too
>>

 No.413480

>>413439
I assume the 15% inflation isn't a flaw in their looks.
>>

 No.413482

>>413480
>I assume the 15% inflation isn't a flaw in their looks.
This will soon be billed as a good thing for workers, if not already, because the alternative is unemployment.
>>

 No.413512

>>413329
Wouldn't mass homelessness cause a crash of rents and housing prices?
>>

 No.413516

>>413423
Nothing the debt ceiling is political posturing that gives Congress leverage over the president because they can just raise it whenever they want while threatening the president with a government shutdown.
>>

 No.413520

>>413512
>cause a crash of rents and housing prices
not a significant one and not one that would last for more than a few months
>>

 No.413530

>>411008
The official number is 5% but its bullshit because cpi is going up in every area and everything is getting more expensive. The fed keeps lying about it being transitory but they know things are fucked and they cant do anything to prevent the upcoming crisis but by continuing to pump money
>>

 No.413533

>>411544
Yes we are you complete fucking retard. The PE ratios are above dotcom boom in some crucial sectors.
>>

 No.413535

>>413530
>The fed keeps lying about it being transitory
actually, in the Fed meeting yesterday Jpow told everyone to not expect it to drop in the near term, which of course is bullish news
>>

 No.413538

>>413535
You got proof?
>>

 No.413545

>>413520
Hopefully homeless riots will bring down property values.
>>

 No.413559

>>411544
The Shiller PE ratio has it sitting higher than Black Tuesday and right before the peak of the dotcom boom. There’s T minus 1 year maximum before depression level collapse. Even if it collapses now, we’re still good for a depression. For the most obnoxious capitalist cuck on this board, you don’t know shit about the market

https://www.multpl.com/shiller-pe
>>

 No.413562

>>413512

The prospect of mass evictions are bad for landlords and rentiers but good for the private equity firms that have been buying up real estate left, right, and center. The large landholders can more likely than not weather these mass evictions, but the smaller, local landholders are facing increasing pressure as their profits fall.
>>

 No.413568

>>413535
That maggot face Powell porky will say anything to keep the pump going for a few more months. He knows Feds out of options and backed into a corner, he’s just letting the wall st porkies ride this boom up till complete collapse.

Consider this a pump and dump on a ginormous scale. They’re riding it up just a little more before the depression rug pull.
>>

 No.413588

>>413568
Kinda spooky ngl
>>

 No.413602

Here we go again at the nothingburger thread.
Stonks don't matter anymore, since they have gone complete fiction and I don't see why this should suddenly change now, especially with a more competent bourgeois puppet like Biden.
>>

 No.413606

File: 1627765415211.jpg ( 314.52 KB , 1600x1454 , 20210731_135848.jpg )

>>413588
Just look at the PE ratio chart, we're about a few months away from the max. We will soon see a big crash hopefully, anyone saying its not coming is delusional. Hard to time it, but Id give it 1 more year max.
>>

 No.413613

>>

 No.413618

File: 1627765793439.jpg ( 97.06 KB , 640x510 , your-jimmies-make-me-nervo….jpg )

>>413606
That soon? I knew it was coming, but a year?
>>

 No.413640

>>413449
I love that second pic.
>>

 No.413642

File: 1627766931666.png ( 749 B , 160x144 , LionKingProto-Start.png )

>>

 No.413643

>>411624
Disprove the falling rate of profit. Thx
>>

 No.413655

So, how can one profit from all this, then, if possible to do so?
>>

 No.413663

>>411636
> Marx was wrong to assume how quick its downfall would occur
Capitalism was on its death throes in the 1920s-1930s, it was only through massive state intervention did it recover - by devaluing all commodities and greatly reducing wages across the board.
>>

 No.413672

File: 1627768722744.png ( 93.89 KB , 427x324 , 1485634520057.png )

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 No.413833

>>413655
Buy low, sell high
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 No.413944

>>413663
I know and mass war saved it, this kinda war will (likely occur) and cause the ecological death of the means to civilization. Capitalism got lucky then it won't this time which is is why ancap is a retard.

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