World economy is going into a recession

gold siver rubels land equipment and supplies

We literally had the yield curve invert like 4 months ago and people freaked out and got over it, if we were in recession it would already be plastered everywhere might as well just say we're in it and move on

DXT? Never heard of it. I'm all in silver isn't it obvious?

Now let me put on this Belinda Carlisle CD

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Doesn’t feel right at all, so we are going for another 20 year of unprecedented growth?

>trucker strike
sauce

it's really not. Zoom out.

Nigga is you crazy? ATH repeatedly for months on end. Monetarists and their apologists (you) get the rope

I feel like we're fucked, globalisation has given all the jobs to the low income countries. Our wages can't rise because now we have to compete with jamal in sudan

Gold, low mcap crypto projects as well as big low interest rate loan if you can get it

Low interest loan you say? Fuck that bet against the debt

The idea is inflation is dead. Interest rates will only go lower, borrow up now because you can always refinance lower.

As long as your portfolio outperforms the interest rate

Deutsche Bank and Commerzbank will bankrupt within a year.
Just look at the charts.

Can someone explain to a poor retard what all of this means? I don’t have anything in the stock market, I’m just a regular Joe college student who just got his first job as a lab assistant at a pathology lab in the biggest hospital in my county. Is my job safe?

*college graduate
Not college student

Buy the dip

15 iq

Based and BoomerMenace-pilled

jews

how much college debt you got?

In the US there’s a debt bubble and housing bubble; people are predicting a repeat of 2008. Although it probably won’t be as severe, you should save as much as possible and invest a little into gold/silver. As for your job, that depends more on how successful the company itself is more than the value your job provides. When shit hits the fan even people who provide high value get the ax due to budget constraints.

None, thankfully I had a scholarship through it all.
Thanks user

>It's going to be BIBLICAL

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No its not

>What do?
HAVE SEX

What should I move my 401k funds into?

deflation inc

usd bye bye

>Although it probably won’t be as severe
Why do people keep saying that? Everything I've seen points to it being worse this time round, partly because the economy still hasn't recovered from the 2008 recession.

GAS THE KIKES AND RACE WAR NOW

lmao

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>tells zoomer to zoom out
>zooms into day view

You look at that picture and tell me if it's necessary to look zoom out to know what's coming. If this were bitcoin or some other fake money, Jow Forums wouldn't even be functioning right now.

a small basket of moonshots, dxt, lit, edn.

One will pop and they bound to do better than stocks (about to crash btw)

Go innawoods

Invest in high quality brap hogs

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Same reason the subprime mortgage crisis happened

basically this

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Denial?

Just dumped 50% of BTC into PM's. Need to hedge your bets against some tweet that may dump BTC back to 6k

Mah nigga.

DXT is a super legit project that I was sad to cut losses on. I'm hearing some rumblings that they are getting their shit together now tho

We warned you, but it’s not too late Silver is still a bargain.

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have you considered the effects on the precious metals market of future developments in asteroid mining?

Poop

>asteroid mining
>2019

buddy we're about to go into the collapse era of the most powerful country on the planet

ain't nobody mining no asteroids until the 22nd century

>I just bought a house

H-how fucked am I

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No, because that’s stupid.

Is this like the fall of the roman empire ? We have a dark ages ahead?

People should be stacking their dxt. Ever since we got off the gold standard money hasn't been real. Interest rates and inflation at 0; money no longer has value

>ain't nobody mining no asteroids until the 22nd century
Based dubs of truth.
And you can kiss your robot waifus goodbye.

>Having a debt in a deflationary recession
I hope you own kneepads

Point and laugh

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>middle age
You wish, at least the invaders were not within our very land yet and being shilled by stupid "liberated" women.

wen ekonomie iz poo da loo

u mus bui lo n sel hi

iz wai u gon ged rish az Ball Gorts

BASED

is it finally happening? ive been waiting for this since 2008... let it all come tumbling down

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you can do a lot better with this quote. Fix it.

zoomer here about to go to community college, wat do?

For the love of God do not take out loans.

>I-I almost bought a house
How lucky am I?

t. 0IQ

The one that matters is 2/10 and it inverted last night. There will be an 18month run and then the recession. It doesn't happen immediately, smallbrain.

lol all you doom faggots are too cynical. We're about to enter the ROARING TWENTIES and there will be pink jimmies for anyone in shiny rocks.

i'm a brainlet, what's the idea here? you're going to hold your money in a bank account / hedge fund for a while, then house prices drop, and then you buy one? isn't there a threat of banks shutting down and refusing withdrawals, or hedge funds losing money?

Is every recession a housing bubble or is this one particularly similar to 2008?

And as soon as gold hits 500,000$ an ounce, it will be economical to do so!

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Fkin based space rock

they call it the "everything bubble"

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Gold to $500,000
silver to $30,000
by 2022

This, I'd be surprised if anyone under 50 isn't in debt of some sort, whether it's housing, cars, or education

this

milk to be $3,000 a gallon

What do we need for survival if the system collapses? 6 months food and guns? Do we just need to outlast the weak?

milk won't exist. all cattle will be harvested for meat in these dark times.

>What do we need for survival if the system collapses?

Unironically, white frugality will give you the best benefit no matter what the conditions. Learn to live on very little money. Pic related is a really good start. Don't buy the book though, get it at the library. Your target should be spending 1000$/mo or less.

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>gold
Overpriced
>Silver
No real value appreciation
>BTC
Its about to tank hard due to new regulations in the EU and US.

bare minimum inventory for single person survival

100 oz of silver - preferrably in pre 1964 dime form (for easy transaction and verification) keep 10-20 oz on you for transactions, bury the rest

5 oz gold (bury this in a separate place from your silver) used as a backup in case your silver stash is compromised

food rations - 100,000 calories in densely packed energy bars.

a shotgun

a 9mm handgun

2000 rounds of 9mm ammo

500 rounds of buckshot

500 rounds of bird shot

500 slugs

learn to conquer your conscience. The first few raids you do will be against unarmed individuals. You must convert the strong into workers, and extinguish the weak.

build a colony of workers.

The women may appear weak, but they are valuable when recruiting other raiders to join your colony. keep them in a secure area, and make sure they are well fed and as much as possible clean healthy.

The child bearing women are a premium. Keep them healthy at all costs if you want to rebuild a semblance of a society after the collapse.

recruit other armed raiders to join your community as a soldier class

There will be skirmishes between other clans. Be wise and only enter into battle when absolutely necessary.

Make allies but don't fully trust anyone not branded with your sigil

When the skirmishes die down you can begin to breed with the women

Establish a religion or use an already established religion to capture the spirits of your denizens. Make sure there is as little crime as possible within your borders.

After decades pass. When things start looking more normal. You can begin freeing members of your community into the world to venture out and begin life anew.

You have just saved the world.

Recession proof a bit.
Prepare to take it up the ass, because Trump is an inept administrator and the GOP will only concern themselves with saving large foreign banks from collapse.

>Bond yield curves keep inverting with increasing frequency and severity, I'm sure it's nothing.

>harvested for meat
>not farmed for manure to burn for heat
If only you knew how bad things are really going to get.

Oh, also, the App Bubble is gonna pop if there is a recession.

All those random debt funded, unprofitable or barely profitable niche app companies. Sell, sell, sell.

It's supposed to be significantly worse than 2008. Given how many assets are overvalued and what the big companies and governments around the world have been doing to prop up currencies and markets, when one starts to tumble then they'll all come down like an avalanche.
To be quit honest, I am concerned that it may get even worse than some economists are saying. I can see Great Depression levels or worse of global destruction. Want to know what to invest in? Good tools, guns, ammo, and information that will make you highly valuable even when no one else has money. Pay off debts, save, and be prepared to buy up property and goods at extremely discounted prices as people default on loans and sell their possessions to make ends meet

Im 24 and not in any debt, not even a credit card (but Im European so it doesnt count I guess)

If something like this happens practical skills will be king. Being able to fix shit with limited resources, building things, etc. Any normal office worker will be pretty fucked. Even engineers would have a tough time since many of them do design only.

If the economy collapses to a such catastrophic degree how would even put holders be able to get their money from the markets?

They wouldn’t.

pussy is unironically the world's most valuable resource

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Nah, feminism has made the pussy really overvalued.

>Mainstream media says recession
>Citizens too scared to spend $
>Nobody spending money = Nobody making money
>"President fault!"
>We elect opposite political party

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What if you get it for free?

you have to have a space to keep it. You have to keep it healthy and well maintained otherwise it will be useless as a resource. Pussy is extremely valuable, if you have a means of making sure it remains usable.

>practical skills will be king

>going long on a perishable product
Don’t forget to sell your pumpkin futures BEFORE Halloween

In a collapse like that would you rather have tools or a nice looking Excel spreadsheet