THE ECONOMIC COLLAPSE ON THE HORIZON
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forbes.com
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Stop daydreaming user. Go back to your crypto's.
It's on the news ffs user,
Argentina just got REKT, Brasil next.. then the rest of the world
what was that user talking about in an economic collapse thread maybe a few weeks ago?
that it'll be precipitated (at least partly) due to corporate junk bonds this time?
really, none of this looks good at all
literally nothing would happen to the world economy if both of those countries disappeared from the face of the planet tomorrow lol
Yes some user predicted the fall of Argentina a few weeks back.. then said Brasil will follow
It's a domino effect, one country after another after another
European banks are going to get rekt soon as well
Argentines have been getting justed by their currency. Its inevitable.
what a time to be alive, these next few years may very will bring us some of the greatest happenings of our lifetimes
What do when economy collapse
Sell bitcoin and buy into cheap stocks? I'm currently 50/50 and hope a collapse in currencies will cause BTC to skyrocket
For what it's worth, I'm taking a slow exit and holding cash so I can get a mtf going for stupid cheap. Also going to be eyeing the crypto drought.
I’m hoping for that to user, I’m all bitcoin and gold right now.
I’ll sell them then proceed to buy dividend growth stocks
Johnson&Johnson
Suncor
Costco
You know stuff that we really need.
IM SCARED OF THE EVERYTHING BUBBLE user
there will be so much godlike favela content on liveleak
Reeee i want an apu version of this pic
shitpost on Jow Forums and watch the world burn with your online frens
NO. When fiat dies, non-inflationary assets such as gold and silver rise. AAAAAAAAAAAaafnaslkdjvsldhfbvlkserbvlksbrlhsbrevlhabrlvhbalrhb When the economy collapses, nothing matters. It's dead. FRICK. We will use the next best thing like BTC. JUST MY OPINION. DON'T gdsfnlkjshfdlkbhdsfkhjfdslkjhs
The oligarchy will use the crisis to tighten their grip to power and try to build a very totalitarian dystopian neofeudal system. Alternatives such as civil war aren't going to be pretty either.
>Brown poo id
Brazil and fucking Argentina are run by brown people. NO CORFELATION
I've seen your retarded ass posts across multiple boards. What the fuck is wrong with you
No it's in my wallet.
Make it stoppppppppppppppp
yes sir do the needful
Based
Argentina is practically white bruh.
Please for god's sake let it happen soon. I want to live to see the boomercaust
Why is Brazil next? I have family in Brazil, I'm just looking out for them.
Can you please explain your reasoning?
Line looks like MS fucking paint.
Spanish rots your brain
why the fuck is suncor on that list user
Wait. Fuck. It's legit.
They are geographically very close so the economies are likely similar, idk exactly if it'll go next I am just repeating what the based user that predicted the Argentina crash said
Ah I see. Thanks for replying!
>Brasil next
Kek not a chacne
We got BASED Bolsonaro calling the shots, commies have been routed and no one is buying the crap they peddle anymore, only themselves
kek
can you explain that in a simpler way?
He LARPing like he's on a radio.
It's a right wing guy in the country so nothing bad ever happens and he will surely not be blamed for it
SEND HELP PLEASE OUR STOCK MARKET HAS COLLAPSED 40%
Pack your bags and study how people lived before the industrial revolution.
>They are geographically very close so the economies are likely similar
lmao Brazilian economy is nothing like Argentina. Is the American economy similar to Mexico just because both countries are close to each other? What a dumbass statement.
He's more of a fascist authoritarian than a hurr durr conservative. He'll sell what he has to to consolidate power in Brasil and people will allow it because he was upfront about it when coming to power. There isn't going to be throngs of betrayed people sabotaging efforts to steer the country through recession because he isn't socially accountable.
Good timing on Brasil's part.
one can hope
Thank you for explaining to a noob like me. Would this be a good or bad thing for brazil?
Just to expand on this, the Brazilian economy is far more robust and stable compared to Argentina. Not only are their inflation rates far more controlled compared to Argentina, but their current government is showing signs of being more pro-market than the Macri government ever was. Also, they just aproved a very ambitious pension reform on their lower house that has boosted the optimist of the outside market on their future. So really, saying they are anything similar to Argentina is ludicrous.
get liquid and aquire asets
>fascist authoritarian
Yeah, you have no clue of what your talking about.
He's bullshiting you. Bolsonaro is so "authoritarian" that our congress has cucked him of many things he wanted to implement and he never closed it or did anything authoritarian about it.
Argentina is collapsing because they voted for literal communists, fucking Kirchner
Meanwhile in Brazil, we elected last year a straight white man with 4 sons (and a daughter) that got the "Trump treatment" (racist sexist homophobe nazi dictator)
Dude is very VERY far from being a soft cuck, tells shit like it is.
The guy he picked for Justice minister has an 80% approval rating, put an ex-president in jail
The economics guy is pro economic liberty as fuck, trained at Chicago but has a dash of Austrian - "let's privatize everything" (Brazil has over 100 state companies)
We just passed pension reforms thru the lower house (should pass the upper no prob). People in the streets ASKED for pension reform! Massive rallies supporting it, can you imagine? People are so sick of tje socialism bullshit that they elected literally Hitler to fight it.
Things are looking bright, that miasma of "everything just gets a little bit worse everyday" is being lifted, people are feeling it.
Tell me how all of a sudden there will be adoption of Bitcoin payment services to buy goods and services if fiat collapses. We still do not have Bitcoin ATM's all over each and every town. Bitcoin is digital gold and because of that, it isn't used as digital cash to buy a cup of coffee or a full course meal. The thing with Bitcoin is that it's hoarded. Bitcoin Cash could be used. WalMart and every retailer would have to accept it. If we have a spontaneous, but abrupt halt of fiat, there will be many complication as Bitcoin is still not the perfect system to counter hyperinflation.
Thought Bitcoin couldn't go past 20k without fees being too high. The intrinsic value of Bitcoin is backed by miners and the security of its blockchain. Highly questionable if Bitcoin would automatically be pursued and pushed for adoption quickly if an international economic collapse were to actually happen.
What's your take on Brazil's economy?
Is it looking good or bad over the next few years?
>collapse
Something he forgot to mention, the vocal left operates in a very similar manner in both countries, so it wouldn't be surprising that next brazilian elections could be won by commies, plummeting the confidence in brazil just like it's happening in argentina rn.
Thank you for this explanation, much appreciated.
>Posting pre-clownworld collapse pasta
I’m not sure if that timeline is still intact *Honk*
I already said here Is definitely looking good, far more than has ever looked under our previous leftist governments. Don't expect anything special in the short term since the country is still recovering from a lot of the commie legacy left by the leftists, but things should be already looking better by next year.
forbes.com
>He's more of a fascist authoritarian than a hurr durr conservative.
That uninformed at best, the media sold him as a fascist because hurr durr everyone I dislike is a fascist.
He delegates power like no president I've ever seen here, not centralizing at all. While the media bites the bait endlessly on his statements every minister he picked works diligently and is not bothered
He wants to give back our GUNS, no fascist ever did that
He wrote an executive order earlier in the year of economic freedom, cutting miles of red tape and putting limits on how long public officials have to approve your business registration, otherwise it gets automatically approved
Yeah true, I honestly know nothing about politics in these shithole countries
Thank you! I've been worried as my family lives there.
Lots of boomers have taken their profits and have significant precious metals holdings now. According to some on this board anyway
Doesn't matter if nobody but boomers can buy them. In the face of a collapse, money in general is worthless. Who the fuck wants gold or silver when you need to eat and drink? The only people you can sell to as a producer can only offer you meaningless bullshit, and the only things you can buy from the market those people exist in are meaningless luxuries. Boomers just don't get it. It's the same shit with the housing market. They think their house is work 700k or something, but nobody on the market besides another boomer will actually buy it for that. Once all the boomers stop buying, all that "wealth" they have is meaningless.
Damn. Should I buy some sort of Brazilian market ETF?
when is it better to buy a flat? should i wait for the collapse? Im in Europe.
>predicting argentina collapse
how old are you? they have been shitting the bed constantly since 2001
that's like predicting another incel will mass shoot some burgers in the future, it's bound to happen
>sell bitcoin
lmao