The global economy is slowing, how long until the global recession kicks in? >Slowing international macroeconomic conditions and weaker global trade growth trends continue, as seen in the year-over-year decline in our FedEx Express international revenue,” says Alan B. Graf, Jr., FedEx Corp. executive vice president and chief financial officer. >Despite a strong U.S. economy, FedEx said its international business weakened during the second quarter, especially in Europe. FedEx Express international was down due primarily to higher growth in lower-yielding services and lower weights per shipment, Graf said.
It's a nothingburger, take some loans to buy houses for equity dude, i made all my gains in the last 5 years like that and now i live without working a single fucking day
Thomas Torres
The fuck does this even mean
Jaxson Thomas
FedEx cope becuz they getting assfucked by bezos
Gavin Sanchez
This man fucks
Easton Rivera
Not Competitive
Nathan Johnson
>buying top at the top of everythingbubble
Dylan Russell
Why does nobody on this board ever talk about the massive amounts of money to be made in the new space industries? Thousands of satellites are about to be launched into orbit to provide global broadband internet, real time planetary imaging, etc. NASA is going to build a lunar space station and then a moonbase which is going to pump huge money into established aerospace contractors. SpaceX is currently building a fully reusable spaceship that will make access to space as cheap as air travel. Fortunes are going to be made that surpass even the dot com bubble but most posts on this board are about shitcoins. The global economy may slow but space is going to be the new dot com bubble.
Jaxson Roberts
If the whole globe is slowing would you rather end up on the always day side or the always night side?
This user will make it, while I disagree with NASA doing much the rest is right. Normies can't even imagine what the world will look like in 10 years. People will be flying BFR to go on holiday and celebrities Instagraming their space vacations.
I'll give you a tip, when astroid mining actually takes hold, it'll destroy the 'limited' supply gold has as per 'The Bitcoin Standard' and for other precious metals, making them nothing more than copper or iron. That's why bitcoin will truly succeed as it will be the genuinely only thing in mankind's existence with a limited/finite supply
t. Masters aerospace engineering
Robert Nelson
if hyper inflation kicks in people will be running to the hills for a store of value. That pretty much only leaves crypto and metals. and since metals are heavy and you need security guarding it while you sleep. that pretty much narrows it down.
All cryptos are about to moon. Well. Mostly just the main coins. ZEC ETH BTC BCH. but other coins and tokens that seem worthwhile will also see a moon as well. At that point people wont be too concerned about the scaling problems of PoW or the untested waters of PoS. It won't make any difference. They will be fomoing like no tomorrow.
Benjamin Torres
holy fuck i thought they meant earth’s rotation is slowing. scared the shit out of me
Brayden Hernandez
I wish I could by SpaceX stock, but otherwise look into Bigalow Aerospace, Reaction Engines, Leonardo (world leading satellite components, some of which they are only manufacturers), and a wild card would be anyone looking into mining hydrogen/helium isotopes on the moon for commercial fusion. The last one would.be equivalent of single digit sat coin mooing into dollars, but it's probably decades out.
Disclaimer I don't fuck with stocks
t. Crypto degenerate since 2014
Brandon Davis
it means no one is buying retard
Xavier Jackson
Demographics have deteriorated to the point where everything is overbuilt and there is much more supply than demand, at least for western and east asian countries
It's over, even in America which has the best demographic situation of all western countries, western and eastern europe, and east asia it is much worse
Have you noticed a ton of new places popping up around your area? Strip malls, high-end grocery stores, apartment complexes? Etc etc
The last time a construction boom of this caliber hit my area was from around 2006-08. By 2009-10, there were vacancies all over the place.
For now, the good times are still rolling.
Landon Mitchell
So a single company responsible for international shipping thinks their data is showing a global slowdown instead of maybe, you know, just a slowdown of their company specifically? Assholes
James Anderson
That too, just not by any meaningful degree in our lifetimes of
Elijah Bennett
their business model is built on delivering shit that people buy online. it's looking like this could be a slowing of consumer demand.
Kayden Torres
Europe’s economic system is set for a slow burn. Just look at those unemployment rates and anti growth regulations and taxes.
Jordan Brown
I have a small business assembling imported parts in the US and have seen a huge uptick this year. Consumer habits are changing.
Adrian Reed
Generation Alpha will probably get laid a lot though, so there should be a big uptick in births after them
Parker Richardson
>unfavorable exchange rates FINALLY THEY ARE OPENING THEIR EYES
They don’t want to admit domestic businesses are going to benefit from international trade friction because then Americans may realize they were lied to by (((top economists)))
Angel Walker
Except all the new construction is “””luxury””” $800k townhomes that nobody can afford. It’s retarded. There’s a ton of these new town centers that have popped up in random places that all have “””luxury””” housing where you need a doctor’s salary to afford it.
Jeremiah Rivera
That's great that your artisanal hand blown glass dragon dildo business is doing good but that is not an indicator of the US economy as a whole.
Nicholas Cox
Construction tends to lag behind crashes by a year or so
Elijah Ortiz
Amazon is eating fedex market share
Evan Evans
Ya but pretty much no way for us to directly invest in it
John Baker
Shhhhh I still need to sell my dude weed and switch positions
Landon Murphy
I live in the suburbs of a satellite city of Philadelphia. It always takes a little longer to see the boom this way. In Philly, glass block luxury condos are popping up everywhere. It's too expensive for mostly anyone that does live there, and anyone that is well-off there is already well-off and owns their property. New Yorkers see the rent, think "holy fuck that's cheap", and flock down there in droves. The displaced move some place cheaper, making those people do the same thing. The shittiest thing about it is that gentrification and chain displacement generally tend to give incompetent city governments a new group of suckers to milk for their obscene taxes and cost of living. If you had generations of family grow up in a neighborhood, held out while it was bad and while everyone was fleeing cities because they started squeezing everyone for everything they had, and now after all this time the neighborhood is "up and coming", too fucking bad. Anyone you knew will be gone within a year. Hopefully you and yours don't rent.
Alexander Gutierrez
>shipping economy is dictated by sale of goods >multiple people in thread talking about local businesses expanding >can't correlate the two because of brainwashing
Also you are fucking dumb because you are thinking so macro that it doesn't affect you. The US economy to the average person is your daily purchasing and spending power so unless you are top 1% then you should talk from a perspective of a plebeian.
>$950 for a studio I live in a shithole homeless infested no-jobs town along I5 and they're $1100 here. 1brs are 1300. Want to kms.
Hunter Brown
FedEx can post this all they want. It’s propaganda. I live in the Lehigh valley, they are building massive warehouses here and the trucks are causing so many problems already and they are not even close to done yet.
Cooper Lee
Pretty accurate except your apartment rent is too low
Jaxson Bennett
Evidently, this economy is in need of a good crash.
Jaxon Jenkins
>muh space exploration kek, sure thing pal. We will all be taking moon safaris and shooting ayys
Colton Flores
Underrated post
Wyatt Lee
>$950 for a studio I fucking wish
Easton Foster
It's 1700 per month for a studio near me.
Sebastian Rodriguez
>studio in the burbs Wew
Joshua Robinson
fucking kek its so true my area used to be rural until around 2000 now its literally all that >shit cookie cutter houses built on top of each other for $300k+ >ugly maroon/gray/white CUVs that somehow people can afford and for some reason buy >uncountable acreage of beautiful farmland turned into literally everything in that pic or an 18th dunkin donuts there's also a CVS just like that for that, there's almost nowhere to socialize
Connor Hall
>Studio in the burbs. Why does this always scream "I'm a drug dealer"?
Socialize? noone does that anymore. They just stare at their phone.
John Anderson
Based federal reserve crashing this cultural sewer with no survivors
Joseph Jones
Appreciate it. Will give me something new to read up on.
Carter Lee
This recession is going to be a good one. Hopefully the markets collapse entirely and need to be rebuilt from scratch. It's long overdue. U.S. markets are a corrupt fucking cess pit.
Adrian Martin
Corruption will always exist as it's human nature to fuck over others and exploit them for personal gain. A huge collapse will just add delay to what will happen anyway like a modern Dark age.
Robert Walker
The always dusk area
Jayden Diaz
you're missing the Starbucks, Home Depot/Lowes, Target/WalMart
Wyatt Morris
What does this even mean?
Julian Nelson
who else thought they were referring to the rotation of the earth
Jonathan Campbell
Fuggg I need to hurry up and finish my project at work so I can get my raise before the fucking recession.
William Flores
kek
Evan Flores
Light side. Everyone's house would have a special dark room for sleep. Also how the fuck do they know it's slowing down?
You know what happened in Venezuela? That's going to happen on a global scale. Guess where the save haven is going to be for those that can't buy gold fast enough.
Justin Martin
checked, I did
Adrian Richardson
ahahha why are people surprised. i simultaneously voted trump and bought crypto for this very reason. fucking bring the whole system to a standstill, and revamp it, is what I say
Matthew Barnes
I buy and sell on ebay daily and on a few other markets as well, I have never heard of anyone using FedEx. only usps with the occasional ups. Am I retarded? Who the fuck uses FedEx and why?
Jose Ward
>who the fuck uses the third biggest shipping company in the world
