Discuss.
US Economy
Aaron Hernandez
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Blake James
Levi White
Well the economy has been pretty good since 2014 or so. Politics aside, there's no reason the growth has to end if our policymakers would just get to work.
Zachary Davis
There will never be another economic collapse.
december was the closest but miraculously recovered like it never happened, it will just repeat
Adrian Sanders
Obviously you don’t know how the central bank works.
Justin Morgan
There should be no politics. Government should be so powerless that it shouldn't even be interesting to normal people.
Ian Ortiz
Honestly I don't, this was just from my general observation
Jace Ross
>There will never be another economic collapse.
>december was the closest but miraculously recovered like it never happened, it will just repeat
Read: All the Devils are Here. It'll open your eyes.
There will be an economic collapse eventually. It is the way the market works.
Joshua Nelson
Most traders are motivated by politics and emotion. The losses were meaningless.
Luis Robinson
Hopefully collapses soon. This would benefit the planet if this happened. Anyone who disagrees is a nigger.
Evan Powell
>I will never die
>I will never get sick
>It will never get dark again
Brayden Myers
Its all so tiresome
Luke Howard
I honestly dont have the energy for another huge recession.
David Brown
boomer detected
Michael Flores
I HOPE THIS IS THE BIGGEST CRASH KNOWN TO MAN see you in the soup line niggers
Sebastian Baker
look at the years on that. 91. gulf war 1, 2001, gulf war 2. Iran is on the chopping block right now. Hmmm
Luke Perry
Iraq war was 2003
Michael Peterson
That is called a “first sell off” and is a normal warning sign.
Carter Johnson
More like dotcom bubble and subprime crisis.
Carson Phillips
Markets are all about confidence related to liquidity that in turn affects sentiment, or Keynes' "animal spirits".
Since most normies actively want things to be stable and just progress upwards, that's what the majority of the time the stock market is: just a long chart upwards.
BUT
Once every 10-15 years a crisis comes along and it'll wipe off 5 years worth of gains temporarily, and they usually happen at the end of interest rate cycles where interest rates tick higher, removing liquidity from the system.
But if the central bank acts quick enough, if can postpone such a crisis by cutting interest rates very quickly. That's what happened in 1998-2000.
Stocks right now are extremely over valued. They are more expensive than they were in 1929. But they aren't more expensive than they were in the year 2000, so given the right conditions stocks could progress upwards in a manic fashion for another 20%-30%.
See the Case Shiller S&P 500 metric attached.
Lincoln Reyes
I should mention though as much as I understand that stocks could make another 20% to 30% gain, I'm short the NASDAQ 100 with leverage and I'm not exiting my position until I either go bankrupt or become rich.
Hudson Martinez
lol I think you might get liquidated my dude - you parked your bus a little early
Lucas Perry
We're overdue for a crash. Hopefully it happens soon enough to destroy Trump's presidency.
Parker Hall
Such is life.
Mason Smith
You have 6 months to get into crypto before the bitcoin revolution finally, actually, for-realsies happens this time.
Jacob Harris
The market is strong due to Trump and
+ corruption
The capital economics of Liberalism has become entangled with the 'republican' (trump) side. This happened back in the days of Monetarists (Friedman et al) where they rejected dominate fiscal policy for monetary policy. That is to say they reject the State control/influence.
The democratic side has moved toward more socialized programs and the threat of higher taxes on wealth. Whatever the morality of these is, they encourage capital flight and a lose of faith in the market.
Angel Bell
Elijah Anderson
we permabulls now boys, next collapse is over a decade from now.
Blake Walker
"stock market has reached a permanently high plateau" -Irving Fisher, 1929
Andrew Thompson
I can not imagine a more arrogant and stupid statement then saying "There will never be another economic collapse."
Caleb Parker
Prepare to get absolutely furious when you find out how they function. There's a great documentary about economics in post-ww2 Japan that gives a surprisingly sober and approachable view on how they function and what their relations are to states/govs. Warning: dry, especially in the beginning but it's a small price to pay for getting a non-tinfoil, non-pozzed explanation.
youtu.be
If it helps to motivate anyone to watch this: did you know that the real estate bubble in Japan in the 90s was so egregious that a garden at the emperor's palace was valued higher than the entirety of California? I can't imagine what that bubble-pop was like and what sort of psychological effects it had on their society.
Jordan Lee
I literally have zero idea why I should care
Adam Gonzalez
This indicator doesn’t have enough history behind it to take it seriously from an investment/life decision standpoint, imo
Jackson Bennett
Invest in countries that don't have niggers
Aiden Kelly
WE WUZ STOCKS N SHEEEIT
Benjamin Lee
Proportional to the decline in corporate tax rates
Henry Myers
>there will never be another economic collapse
yeah because the next one will be the collapse of civilization.
William Barnes
this larp is old and stale, your fake shekels are useless
Mason Davis
We'll probably see a repeat of December 2018 if anything, but probably not until after elections. Trump and Powell are manipulating the economy because he relies on it being strong in order to get re-elected.