Recession Incoming

Yfw the price of blowjobs goes down as the sex market becomes saturated

Actually the reverse is true. The market will dry up and more people will offer services dirt cheap. Invest in alcohol.

and weed

I'm new to Veeky Forums and too stupid to understand what information I'm supposed to get out of this.

Could anyone explain it to me?

OP is informing you of the impending demise of the world economy, not much you can do but pray

I it got so far.

I'd just like to know a bit better why.

Is it because the FED interests are hiking while there is nothing underlying that's worth it?

Sorry that I'm probably stupid but I'd like to understand the situation better.

those numbers shown in the link are how much the derivatives market is worth (roughly 1.2 quadrillion) which is pretty scary considering that the world GDP is only roughly 75 trillion. The bubble bursting would cause all the "too big to fail" banks to collapse and they would take the world economy with them because there's no one that can bail out all those massive banks. Not even the FED has that much power.

Thanks for clearing it up to me.

That looks very bad actually.

very bad indeed

Think how many baby boomers are going to start cashing out on annuities and other stock market based retirement funds. If your parents have these funds, and have retired but not collected, tell them to get out now.

if the $ crashes, does that mean the paper money and the ones stored in the bank no longer function as tradable money?

is it back to the gold and silver?

Will it be the derivatives market that makes it blow though? I know its a huge issue but i think there are some bubbles more directly related to consumer markets ready to pop.

What is it that will send us over the edge?

I think the derivatives will be the thing that makes sure when it does go it will never be able to come back.

anyone have some rough time estimates?

I think everything is going to be toast by the next rate hike

how to maintain my capital?
i'm holding cash (euros) right now
am i fucked if shit goes down?

dollar is fucked as well?

So buy Gold and other precious metals and wait for the crash? Then buy up cheap stocks and foreclosed properties? What else?

i honestly thought we were toast when the FED hiked the rates last week, looks like we were bought a little bit more time

I'd like some input from Veeky Forums on this. Largest generation of Americans all about to collect those billions from the stock market and they have already started. What damage will this do? I feel like it's reason alone to pull out now.

I thought we were too, I was expecting a full point or more, but then I realized if they did that it would become apparent they deliberately wrecked the economy overnight.

I think they're too afraid of the rope, they're going to make it slow and painful this time

that's usually the idea, but idk if a recovery from something like this is possible

Essentially, yes. If the dollar collapses/is no longer backed by the US Treasury, then that piece of green paper in your wallet will become worthless beyond its potential value as a curio/collector's item.

The BIS is the central bank of all central banks. If it says a big shit is coming down the tubes you can bet its going to be a bad case of explosive diarrhea.

The entire premise of infinite growth in finite world is a logical fallacy so probably wasn't a wise thing to lets them build their tower of usury babel, it can't end well. Almost like some big inside joke when they designed the building...

i'd rather we have a massive recession now than an unrecoverable one later. The FED should get it over with so we can all start investing with market lows

OP is most likely refering to this video

youtube.com/watch?v=IrB8rXhO0_0

see the comment above yours and you'll realize the next massive recession will likely be unrecoverable

true... i hate feeling like the people preaching doomsday though, even though every day it seems more and more likely

not trying to preach doomsday man; we've identified problems and are just trying to share them. we've been doing it for years, unfortunately things have gotten so bad and the problems have been left to fester that at this point it kinda points to doomsday. I don't want it, but it might happen

though you could argue the first great depression was a doomsday of its own.

>not trying to preach doomsday man
>proceeds to preach doomsday
you niggers have been doing this every year since 2009 when will you just accept the fact that nobody can predict the market

LOLOLOL!!!!

wtf!=!"

in a world of abselute chaos YOU THINK people want FUCKING "PRECIOUS" GOLD?

it ain't worth shit at that time you shitbag.

OMG OMG OMG.

Fucking Veeky Forums when will you ever learn

This. Since we're all going to be living in Mad Max soon, shouldn't we be buying guns and non perishables? What the fuck am I gonna do with a bunch of gold and silver when martial law gets declared?

that and shitloads of canned food

Brah. We're over the 8 year cycle. That just tells you something about to happen.

Well I'm not gonna enjoy this at all.

so what are we back to bartering goods and services when this happens? Surely the world governments will do something to preserve whatever's left of the economy

If the stock market collapses, how would Veeky Forums make shure they can survive the crash?

What would be the best thing to do?

Buy gold or are there other ways than just buying up assets and gold?

>All the classic signs of a bubble getting ready to burst are here.

You mean we can't just keep spending money forever and hope our kids pay off our debt?

>FED interest rate hike

I don't think a quarter of a point is going to send us spinning off into oblivion. Honestly it's kind of retarded to me that people are even worried about sub 5% interest rates.

>What the fuck am I gonna do with a bunch of gold and silver when martial law gets declared?
buy yourself a ticket on a boat.

truth is most of the world went through periods of insane economic crisis and hyperinflation without much problem regarding public safety. murricans always imagine there will be looting and people killing each other over scraps. and i think they are right. that's what they do chimp the fuck out from every hurricane or just about anything unusual.

meanwhile the rest of the world will weather this storm. it will not be pretty sure, but people would stick together and restart the economy.

no in the us tho. that will be a lawless wasteland.

The rest of the world tries to invest in a decent social safety net or infrastructure

Cultivating stray cats is not a social safety net.

>have 3500 in the bank, only assets are a $150 bicycle and a $3000 car

Well, at least I have nothing to lose. Hit me, Johnny.

I will gain so much pleasure if the normies get fucked by this. Similar reasons I can't wait for the real estate market to crash. Thought you had an $800,000 house, you insufferable middle class nobody? Get fucked, the value is $150,000 now. Have a fun retirement.

Having nothing means my suffering will be minimal. Really, only the middle class will get fucked on this, and good. They deserve it.

>Really, only the middle class will get fucked on this, and good.
yeah that's about it. the rich will get only richer. if that's what you want you gonna get it.

Already started buying. I've told my closest ones and I believe this is coming in about 2-3 months.

I know it's not much but at least I won't have to fight Tyrone at Walmart when shit gets wild. Get ready brothers, be safe.

High oil prices are the only thing that would cause a recession right now.

High oil prices will return soon, and will decimate our economy again, because our economy is still reliant on oil to function.

people still live spread out and rely on cars to get to work and go about their daily lives.

Instead of invading iraq and reflating a housing bubble, we could have used that money to build mega cities to prepare for high oil prices.

We are screwed guys.

The fuck is an "export soda" ??

>derivatives

there's literally hundreds of kinds of "derivatives" that are publicly(exchange) traded and private/institutional contracts.

you saying "derivatives" market is as vague as saying "there will be a vehicle accident in the world tomorrow"

How old are you? 08 was a recession and life went on normal for most.

Nothing wrong with keeping that around but you sound like you're mentally ill.

And how much of banks assets are in derivatives?

>ANY SOCIETY IS THREE SQUARE MEALS AWAY FROM ANARCHY” SUGGESTS RESEARCHERS

inquisitr.com/135667/any-society-is-three-square-meals-away-from-anarchy-suggests-researchers/

Well even if the next recession/depression isn't as bad a he thinks it's still an extremely good idea to be prepared.

There's no telling what kinda stuff could happen to disrupt civilization in horrific ways.

Super volcanoes, killer flus, wars, terrorism, Chelsea Clinton 2020, asteroid strikes, another Carrington Event, etc.

...

I imagine this. The armies and governments of the world aren't just going to disband because nomonieskthnxbye, just as they didn't in the Great Depression.

If we do nosedive like never before, it will be a nasty, terrible time, and society and the nations will come out looking somewhat different in the end, as will the economy, but it's not going to be Mad Max except in places it nearly already is.

Rioting, theft, starvation, murder in the streets, rape gangs, and so on? Likely in inner cities. Less so in rural communities. But it's not like people are going to fire of the nukes because the peasants are revolting.

The fact that people have to raise a Mad Max scenario, where any sane person would choose to be among the first wave of casualties anyway rather than being either raped to death or the equivient of an alcoholic wandering hobo, before having precious metals and stored resources become a losing proposition should tell you how historically powerful and potent these things are.

A farmer in a drought might sell his land for a gold coin that will feed and water his family in the short term, but if you have more gold where that came from, you now also have land when things start recovering.

seek psychiatric help

kekd

Kek. Thanks, gives me even more reason to increase my long positions.

assuming the world economy crashes u definetly dont want any form of money euros or dollars

i have seen this a couple of times btw.
if the cats were fed but not neutered there was an infestation of them in a few years. but birth rates in developed nations decline. humans don't have 3-6 kids each year and stuff... so probably a useless comparison.

also you just wish you had the unemployment rates of say sweden. and sweden doesn't do social safety net by half measures.

>stocking food for hard times is a sign of the mentally ill

wow.

I thought that derivatives insulate financial markets. How do derivatives pose risk to the financial system? Aren't the risks only posed to the counter parties?

As far as my understanding goes derivatives don't make the markets move, they only dampen the moves because these instruments are based on the markets while they don't actually compose the markets themselves.

OP is misunderstanding macroeconomics. You're right, as a contract between two parties, derivatives just shifts money around. There's also the converse derivatives which rise in value as the other falls. It's only a problem if banks take a large one sided bet.

Life will eventually come back to normal, but the first hours/days of any crisis will surely be chaotic.

>Largest generation of Americans
Not anymore
Hasn't been for a year or two

...

No faggot I said

>Nothing wrong with keeping that around

And implied he was mentally ill because hes going around telling people Mad Max is coming.

That's it pal. You're no longer invited to the bunker. Have fun fighting road warrior gangs on the surface world.

wait till its near the bottom buy some S&P500

>no major terrorist attacks this year

Pls let it happen to boost my gun stocks