Recession 2017-2019

GoogleCat
GoogleCat

It was fun while it lasted. Time for contraction. Are you ready for the incoming recession, anons?

All urls found in this thread:
https://youtu.be/R0sOp60ZqYI
http://www.investopedia.com/articles/personal-finance/030915/why-deflation-bad-economy.asp
Spazyfool
Spazyfool

@GoogleCat
It's only going to last 2 months.

Supergrass
Supergrass

@GoogleCat
I never even got to make any decent money yet

Spamalot
Spamalot

@GoogleCat
implying a recession is possible with the yellen put in place

StrangeWizard
StrangeWizard

@Spamalot
"If there were to be a negative shock to the economy...we don't have a lot of room using our traditional tried and true methods to respond," Fed Chair Janet Yellen told Congress Tuesday during her semiannual testimony on the U.S. economy.

that was yesterday

takes2long
takes2long

@StrangeWizard
That's just a scare tactic so they can blackmail the entire financial sector to vote Hillary.

RumChicken
RumChicken

@GoogleCat
Bring it, I've been saving in anticipation. When everyone is panic selling I'm gonna be loading up on the good stocks cheap.

askme
askme

@GoogleCat
Are you ready for the incoming recession, anons?
I have literally been anticipating this for the past 1 and a half years,

yes i am fucking ready

lostmypassword
lostmypassword

@askme
What's the procedure to benefit from the defaults on student loans and car loans ?

RumChicken
RumChicken

@lostmypassword
buy after the crash my mannn

Ignoramus
Ignoramus

@GoogleCat

QTDDIOT

Lets say I have a 401K heavy in stocks and I take out a loan. What happens to the amount that I have to pay back if the stock market shoots way up or down?

SomethingNew
SomethingNew

@GoogleCat
not if it wipes out equity prices. What should I put my money into fellow /bizantians?

StonedTime
StonedTime

@SomethingNew
Shit that won't go belly up like GM did. Things people buy even when they're out of a job. Coke is probably going to be my go-to.

SomethingNew
SomethingNew

I put 15% of my stock portfolio into gold in January, not reinvested dividends and gathered cash. I won't buy stocks again before the next shitstorm which can't be far away.

askme
askme

@SomethingNew
Do you think gold/silver mining stocks will be part of the next crash?

TreeEater
TreeEater

@askme
Stocks might well be. In panic people flock to gold so that raises the price of gold. Also now when the interest rates are 0% the central banks cannot lower them anymore so the only option they have is destroying the value of currencies.
This will also increase the dollar nominated value of gold.
I might still get some more gold because I'm sitting on quite a wad of cash at the moment anyway.

Firespawn
Firespawn

yes for the love of god yes i've been holding off on investing because i am waiting for the fucking crash bring it on motherfucker

VisualMaster
VisualMaster

@Firespawn
buy puts

FastChef
FastChef

@Firespawn
same here...i think half of the world is "waiting for the crash" that is why it won't fucking happen. The "waiting for crash" is already weighted in the current market price of stocks and indices.

Ignoramus
Ignoramus

@FastChef
"Waiting for crash" isn't weighted in the stock market hahahaha.
The NYSE and other stock exchanges are at or near their historical highs for fuck's sake because returns from bonds and everything else is so shit.

Nojokur
Nojokur

@Ignoramus
Well look around. One crash already happened recently in 2008 and people still remember it. They are in "waiting for crash" mode, just look at this thread. Everyone wants the dip, and when everyone wants the dip, the dip never happens.

The Big Short movie also predicted another crash soon, which is more reasons it won't happen. Only those things happen that you don't expect. If everyone is talking about it, then it won't happen.

King_Martha
King_Martha

@Nojokur
Crash will happen, it's just that we don't know how. Market was already overpriced in 2013. Higher heights will make the situation even worse. I hope for a sudden crash but a long-term bearish market would be even worse.

happy_sad
happy_sad

@King_Martha
Market was already overpriced in 2013

How do you know market is "overpriced"?

cum2soon
cum2soon

@Firespawn
crash in your wages? stock market? bonds?

stock market is going up, there will be no stock market crash as poor people and gold bugs hope. the reason gold bugs etc. hope and forecast crash all the time is they simply are poor and want other people to get on their level while their little fantasy is that gold price goes at the same moment to 100000 lel. bonds will crash.

iluvmen
iluvmen

@cum2soon
The next crash might be caused by the bond bubble bursting but it will also go into the stock market just as the collapse of the housing market went into stocks 2008-2009

Inmate
Inmate

@happy_sad
Every other stock is expensive compared to what is the company intrinsic value / earnings (hard to find bargains). Big concerns all around the world, yet that does not seems to correct exposed markets. Also, high volatility all around.

Playboyize
Playboyize

@iluvmen
so pension funds withdraw their money from bonds and equity market at the same time? to hide it under a pillow? trillions in cash... atm depending on the fund most have some 10-40-50 splits, some have 70-30, some 30-70 bond stocks ratio

PackManBrainlure
PackManBrainlure

@Playboyize
It's going to be a massive shitstorm

Evilember
Evilember

@Inmate
intrinsic value / earnings (hard to find bargain)

valuations have little use when the world is dealing with zero and even negative rates. and basic pe ratios are nowhere near bubble leves. in dotcom and 2007 pe was 300% higher than currently in us stock market. not to say pe HAS NEVER had any use in predictin bubbles and market timing.

SniperGod
SniperGod

Brexit fails
Eurostocks go up hard
Shillary gets elected
Ameristocks go up hard

Im not selling yet. The globalists will ensure both outcomes.

eGremlin
eGremlin

@Evilember
I am not predicting anything, just saying that stocks are overpriced.

Boy_vs_Girl
Boy_vs_Girl

recession happens
bitcoin rises again

FEELS GOOD MAN

lostmypassword
lostmypassword

First of all there's no way we would have a 2 year recession. No chance

Second - even if everything goes wrong the most we lose is 20%. And that's apocalyptic bear market territory

Finally
@Inmate
@eGremlin
There are a many companies that have low PE ratio, high cash flow, and solid growth they just aren't attractive to most people because they typically don't move much. I can think of several off the top of my head

hairygrape
hairygrape

@Boy_vs_Girl
dollar collapses
bitcoin becomes new world reserve currency
even those with 1 BTC become wealthy beyond their wildest dreams

hey, we can all dream, right?

TreeEater
TreeEater

start investing at the end of the longest bull market in history
no tools left for the fed to manipulate things
everything overvalued and inflated
low single digit market returns for the next decade at least
boomers living longer every week and demanding more and more of an already stressed system
student loan bubble
pension system crisis

Well it's not like I wanted to retire anyway. I should probably just spend all my savings on lip balm and glory-hole sized drill bits.

Boy_vs_Girl
Boy_vs_Girl

@GoogleCat
I am currently selling 40% of my holdings and putting it into savings and bonds

Its gonna be a wild ride brehs, but I can take it

Dreamworx
Dreamworx

@StonedTime
tobacco seeds it is. Glad my family owns land.

King_Martha
King_Martha

The government debt bubble will pop starting in Japan and then Europe, capital will flee to US stocks

Stocks and corporate bonds are literally the only place to put money, companies are sitting on a SHITLOAD of cash they're just waiting for the social democracy meme to die and then they will start reinvesting in the economy

Governments are FUCKED they're all broke, debt has been rising faster and faster and the millennial generation is way too poor to ever pay it off, people are pissed off and nobody trusts politicians anymore

Bidwell
Bidwell

So, to summarize, what can we agree is the best course of action?

Carnalpleasure
Carnalpleasure

Pro: I will have less work to do
Con: Might lose my job
A tightrope act

Booteefool
Booteefool

@RumChicken
the good stocks
such as?

Inmate
Inmate

@lostmypassword
Plz warren talk to me about sears and cal maine lel

Stark_Naked
Stark_Naked

@Dreamworx
Tobacco and liquor stocks are an excellent buy

Gonna be a lot more hobos walking around

hairygrape
hairygrape

@Supergrass
this

Playboyize
Playboyize

people still borrowing what they will never pay
almost all job growth has been part time cashier slave shit
mediocre economic growth besides the literal reckless printing of money
lending institutions, private businiess, and wise individuals hoarding money
It's TIME

Playboyize
Playboyize

@RumChicken
You do realize that USA is likely going to see hyperinflation, and your money will be useless.

Diversify dude.

Spazyfool
Spazyfool

@hairygrape
Bitcoin can not scale to that level.

It's already struggling to keep up with the current amount of transactions...

Need_TLC
Need_TLC

Save your money for down payments on real estate

You'll be able to buy 500k houses soon for half the price and flip them 3 or 4 years later and get a couple hundred grand profit on each.

Boy_vs_Girl
Boy_vs_Girl

@Ignoramus
it gets paid back in..

you are taking a loan out at a certain price, and you'll pay in the full amount back..

Honestly, unless you really need the money, just sell all your positions and leave the cash there to buy on the big dipper.

Spamalot
Spamalot

@SomethingNew
did you sell all your other stock positions?

farquit
farquit

@FastChef
/biz/ brokerage services everyone...

BunnyJinx
BunnyJinx

so short the indexes like that smart billionaire did with the s&p right before the 2008 crash? good idea.

Nude_Bikergirl
Nude_Bikergirl

@Playboyize
more likely outcome is deflation and that's why the fed is propping up hard

Carnalpleasure
Carnalpleasure

@askme
I have literally been anticipating this for the past 1 and a half years,
Jesus, if I wrongly predicted the economy for 18 months running, I'd kill myself for being too stupid.

Emberfire
Emberfire

@Nude_Bikergirl
more likely outcome is deflation and that's why the fed is propping up hard
Would you mind telling me the highest grade of education you attained? I'm curious how the system could have failed you so badly.

ZeroReborn
ZeroReborn

@Boy_vs_Girl
@hairygrape
Does this mean I should be buying bitcoin now or wait until the shit hits the fan?

CodeBuns
CodeBuns

@GoogleCat
Recession 2017-2019
It's happening on or by October 2, 2016. Be ready, the SHEMITAH has only just begun.

https://youtu.be/R0sOp60ZqYI

Spazyfool
Spazyfool

@CodeBuns
You "predicted" this last year, and nothing happened.

Garbage Can Lid
Garbage Can Lid

@Spazyfool
Hold on, guise, this is the Super Duper Shemitha, which means it will actually happen a year later. :^)

TurtleCat
TurtleCat

@hairygrape
Close but not quite. Here's how it'll break down
less than 2 btc - lower class
2-10 btc - middle class
more than 10 btc - upper class
more than 20 btc - aristocracy
more than 150 btc - nobility
more than 1000 btc - god-kings

VisualMaster
VisualMaster

@Spazyfool
You can't deny that a crash did happen last year. And again at the start of this year too.

cum2soon
cum2soon

@VisualMaster
You can't deny that a crash did happen last year. And again at the start of this year too.
Yes I can, because it didn't happen. Markets move up and down in minor fits and spurts all the time. Just because you get scared every time the market shifts +/- 5%, doesn't mean we all have sensitive vaginas like you.

There are accepted definitions for words like "recession" to keep faggots like you from crying wolf all the time. It. didn't. happen.

New_Cliche
New_Cliche

@cum2soon
it didn't happen.
Keep telling yourself that, slave.

Correction, recession, depression, Call it whatever you want, technicals are not in your favor. Fiat will never sustain itself, it's not a matter of if a collapse will happen, but when. This has been proven by power thirsty, economic fools (Though masters of slavery) throughout history time and time again.

Nojokur
Nojokur

@TurtleCat
You really have an active imagination dont you? Thats great. Kids these days really arent allowed to daydream much. Bravo for you.

Booteefool
Booteefool

A lot of you kids don't even know what it's like living in actual non-depressed times. There really hasn't been a recovery from 2008. Kind of.. but not really. You don't know what it was like before 9/11. It was a different world. It wasn't all roses or anything but.. i don't know. It was brighter, and lighter.

Shit sucks now, and its getting worse. We're out of time, but we're not doing anything about it. It's not looking good for the human. I hope you kids get your shit together, but it sure don't look like that's what you're doing.

w8t4u
w8t4u

@New_Cliche
technicals
collapse
Fiat
/pol/ poorfag detected. Engage ignore protocols.

@Booteefool
Get some help, user. Times are great and have been for years. Even 2008 wasn't terrible if you didn't get caught up in the emotion or the housing crunch (which was limited to certain markets).

I see depressed losers on Veeky Forums all the time claiming that things are currently terrible. Objectively, they're not. Medication or professional counseling might be in order.

Nojokur
Nojokur

@w8t4u
Where are all the trades jobs in Canada then?

Dreamworx
Dreamworx

@w8t4u

When a bunch of poor people come for your stuff you will think otherwise, lol.

girlDog
girlDog

@SomethingNew
Just sell and buy the dip.

5mileys
5mileys

welp, it was fun while it lasted.
time to hibernate for couple of years

lostmypassword
lostmypassword

@Nojokur
Fuckloads with Irving over in the Maritimes. Literally hundreds. Met a guy who worked there and said if you interview well, they'll find somewhere to put you

GoogleCat
GoogleCat

@Playboyize
hyperinflation
what in the actual fuck?

Inmate
Inmate

Surprisingly yes. I have 80k usd saved up for a house, but it looks like I'll be pouring it into the stock market instead.

WebTool
WebTool

@Emberfire
haha...so you're retarded and don't know what deflation is?

http://www.investopedia.com/articles/personal-finance/030915/why-deflation-bad-economy.asp

CodeBuns
CodeBuns

@WebTool
Oh, I know what deflation is and the factors that cause it. And the tools the Fed has to curtail it.

What I was asking it what level of education you have that gave you such a poor understanding of monetary policy? Did you graduate from high school? If so, what state. Did you attend some college? If so, where?

This kind of anecdotal evidence is interesting to me, as I often lament how stupid people are and wonder about the causes. You're an interesting piece of data because you're among the dumber people I've run into recently.

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