How y'all feel bout the upcoming economic contraction? Yield curve inverted, Fed will start cutting interest rates this year, consumer sentiment getting trashed, US stuck in a trade war and credit accumulation accelerating.
How y'all feel bout the upcoming economic contraction? Yield curve inverted...
Oliver Harris
Nathaniel Parker
Banker here today my boss sold a HELOC to an old lady trying to close two credit cards. It made me a tad angry
Christian Peterson
I feel excited. Can’t wait to pick up some sub-ico price chainlink
Adam Bailey
muh curve
muh rates
these are symptoms
US is loosing it's dominance in tech, inable to attract the brain drain like it used to and went from 100% anglo/german to 16% africa and 30% south america
Zoomers have 8k savings on average
Boomers dying soon
This is going to hurt a lot
Isaiah Reyes
QE4 will keep the shitshow running for another decade. But it will be the last time the can is being kicked. Get a bible and cyanide
Hunter Powell
>Economy tumbles cause banks and gov cant be trusted.
>thinks trustless oracles will go down in value
Joseph Morris
HELOCs are extremely low interest compared to credit card if she consolidated her debt into a HELOC that actually has affordable payments versus never being able to crack into principle on a CC then why is that a bad thing?
I used to work at a bank and helped someone consolidate massive debts into a HELOC and they could actually afford the payments versus 25% interest on CC that they would never be able to pay.
Zachary Thompson
kys
Wyatt Carter
Can you elaborate why this makes you angry? I genuinely would like to understand your point of view.
Landon Gutierrez
Let the normies and their complacency in protecting the West burn
Jaxon Scott
Rate cuts pump equities and assets, not the other way around brainlet. It makes money cheaper to borrow to invest in boomer pyramid schemes
Benjamin White
Except they accellerated this 10 years ago and now they failed to bring interest up to par with even just inflation, let alone the 15% needed to keep this mess even slightly sustainable
Ian Young
Dude they are already at 2, at 0 they won't make a huge dent and they're essentially giving free money in a system already flush with cash. The only thing it will pump is hedging instruments
QE will not do anything man this next crash can't be fixed by floating a few Bs or Ts around to cover the losses
Josiah Gray
I'm ready for deflation
Blake Rogers
I’m ready for gold and silver to pump.
Henry Bennett
I'm a literal retard and even I knew this.
Zachary Rodriguez
Im absolutely balls to the walls deep in mining shares. If they dont make me rich, literally nothing will.
Brandon Taylor
Imagine thinking a speculative shitcoin will increase in value during the initial shock
Have fun capitulating into my buys you subhuman brainlet
Gavin Fisher
It is enough to survive the 18 trillion Damocles sword, refinancing it till, pump each others ponzi schemes till the next maturing event in 2029 and well what happens then, only god knows
Ayden Campbell
Which ones?
Mason Turner
not him but maybe it's a bad idea because it enables them to do the same stupid shit and rack up CC debt again, but now they will have HELOC and credit cards to pay and they will be able to default.