I know burgers know nothing beyond their own walls so let me tell you
The recession is coming, it is. It's coming within the next 8 weeks
Drumph is not going to be the cause, he merely was the perfect set up. The cause will be Theresa May in the UK.
In the next 2 weeks May will try to get parliament to back her Brexit deal - it will fail. The opposition leader Jeremy Corbyn will then table a vote of no confidence in the government - it will fail. There is then a stalemate, officially. What happens next is either britain has a second referendum or britain leaves on no deal. The latter is more likely but....
That is where the crash comes. The UK leaving the EU on no deal will cause a crash of the S&P500 and as a result the other big indexes like something not seen since 2008. It will then continue, because of technical factors seen on the charts and the parabolic moves the market has made lately. I've laid it out. Here it is. Go short.
any thoughts on how GBP and EUR will perform? how about USD?
Jayden Carter
buy usd others go down
Anthony Cox
The United States has never impororted a recession and every recession we’ve had we exported to the rest of the world. Less than 5% of the USA’s GDP is tied up in foreign trade outside of Canada and Mexico. We will be fine but Europe is going back to the 1800s.
Matthew Gonzalez
brexit deadline is coming up and it will most likely be a nodeal. GBP and EUR will go to shit. Also it will cause the worst recession since 2008.
Jace Cruz
The likelihood is that the current incompetence/stalling will force a decision between either no deal and WTO or an extension/suspension of A50 - this is what they have been leading everything up to.
May's deal will not pass a vote in the Commons, but it is highly unlikely that she would lose a confidence vote, which means that the UK will either >exit and begin negotiations from WTO with the EU in which case you should definitely not hold either GBP or EUR) >or extend/suspend A50 in order to stall and either renegotiate or continue stalling and hope that public opinion changes somehow in which case maybe EUR short-term would perform well.
Honestly mate just put money into USD. The Euro would benefit if there's any hint of revoking A50 because that means another referendum is on the cards if they think Remain can win, but long-term it as a currency is fucked anyway, and if the UK does go no deal/WTO then both GBP and EUR will panic.
The coming recession has literally nothing to do with Trump or Brexit. It is entirely caused by monetary policy - ie artificial credit expansion through mechanisms such as fiat currency, fractional reserve banking, artificially low interest rates, government subsidization of industry...
It's the same as it always was, except all the QE on a massive scale, but it's really just a different flavor of the same eternal problem.
this, imagine have a pus bubble near anus in 2008 and accumulated more pus in 10 years. bleah
Jaxson Torres
Since when you dumb nigger?
Nicholas Jackson
>my brain is so small that every global event has to be caused entirely by one single individual that I can name >It's not Trump fault, it's not pewdiepie's fault.... I guess it has to be May!
Kevin Reyes
Crank one out for me, pal
Gavin Turner
Long pr0n.
Alexander Cooper
but we can fix it by injecting more pus! Janet Yellen told me so
Leo Morales
>reddit spacing >drumph opinion discarded
Nicholas Long
invest in chainlink
Parker Green
What did he mean by this?
Chase Green
Whats the best broker to short GBP with leverage though?
What is the risk? Looks like free money, counter trades would result in short squeezes? Where can I learn more about shorting GBP like soros
Angel Bennett
UK leaving the EU will cause a dip in S&P 500. a strong dip. However, once people figure out the EURO is on the decline due to the UK leaving the EU along with other countries this will create the biggest stockmarket and crypto market boom in a century. Why? Because the USD and Bitcoin will be the only game.
Your a billionaire in europe and the EURO is in decline. What do you do? Buy USD and invest in the stockmarket and diversify in BTC. Logically this will shoot the Dow to 39000.
Ayden Price
by shorting ethereum down to $30. Don't make the mistake of assuming that crypto wont be touched by this, we always get fucked remember that.
Nathan Hughes
god I hope so. I lost so much money on SPX puts this past week. still hodling though
Joseph Campbell
If you honestly think you will hear about the financial crisis from a basement dweller on Jow Forums, you are sorely mistaken.
you want CME currency futures, and the cheapest is probably going to be AMP. You have to email them to get a rate quote extended to you, just say you've used some other super cheap broker b4.
Lincoln Reed
>Strong USD >Kills foreign earnings of US companies >Stock market will moon >Crypto will moon
Uh, no.
Zachary Turner
US is bankrupt and has no gold reserves. China and Russia will create a new gold backed currency that will replace the petro-dollar.
Carson Perez
>Stocks fall "WE'RE IN A RECESSION!11one!!" fucikng stupid logic
Good. We need a recession it's been 10 fucking years time to domp eeet. Boomers lose their 401k and I get to buy in cheap in a year or two.
Alexander Allen
problem with the recession thing is that EVERYONE and their pet iguana is expecting a recession right now, worse too stocks have already sold off some what. the question is how deep of a recession i suppose, but typically they come out when every is saying its sunshine and unicorns
Isaiah Martin
Thanks just longed 100k
Samuel Bennett
This. Most of us here are under 30 so we're nowhere near needing access to stocks, still got decades to recover from a crash. A good 10 year stock bear market would do what needs to be done: utterly wreck boomers financially and force them to sell their houses en mass, causing a massive plunge in house prices. We swoop in to buy stocks and houses on the cheap and boomers are perma fucked seeing a 50%+ drop in net worth.
John Peterson
Spend more time with normies. Everyone I tall to is in denial.
Matthew Rogers
Oh look, it's another schizo that knows the future.
Fucking hate these autistic threads.
Jayden Cooper
The UK is nothing and has no impact on the global economy. A hard brexit will only hurt the UK
Austin Mitchell
Dear Leader Jean-Claude Junker is drunk everyday on champagne and so am I. If all people would follow his example there would be no worries, just chillin. But yeah it probably will crash because people are so stuck up.
Brody Torres
A 10 year bear market? Lol, no. That's exactly what central banking actually can prevent. Cool fantasy though!
Nicholas Collins
Is this real???
Michael Gonzalez
I think its already started. The losses of December are going to be partially regained this month, but then it's on again.
Accumulate your shorts in the next few weeks.
Cooper Gonzalez
shorting corn, thanks for the signal
Asher Perry
FPBP OP BTFO
Chase White
Why do brainlets do this
Mason Jones
If the UK is relevant for anything these days it's finance. London is the financial center of western Europe.
