>>512208229 (OP)they've been saying this since COVID
>>512208229 (OP)The Jew wants more immigrants would've thought it.
>>512208229 (OP)This can only be solved by infinity brown people
>>512208341They've been saying it since 2010. Zerohedge has corrected predicted 14 of the past 2 recessions.
>>512208229 (OP)>Any notion that the economic data misrepresents the reality of how the economy is performaing is way off baseThis is the same retarded nigger who said there would be no housing market collapse in '08 and then afterwards proceeded to AUTHORITATVELY WRITE BOOKS ABOUT WHAT HAPPENED
absolutely shameless frauds the lot of them
>The tariffs are cutting increasingly deeply
into the profits of American companies and the purchasing power of American
households.
Tell me you don't know how tariffs work without telling me you don't know how tariffs work
>>512210112>raises taxes 15 - 50+% on every imported item or item that required imported partswhat's the misunderstanding?
>>512208341they were right, did you forget the part where the biden administration changed the definition of a recession?
>>512208229 (OP)America has been in a recession since 2022, 2023, 2024 and now 2025. So when is it actually going to happen? How are things not fubar?
>>512208229 (OP)So we added more private sector jobs than we cut in the government, got it, just like a kike to wait until the last paragraph to say the shit like this, lie by structure.
>>512210830You’re at best raising $500 billion in tariffs and maybe another $500 billion in taxes from increased stateside production and consumption. $1 trillion every year over 4 years. How will you ever decrease the $40 trillion in debt?
>>512210112Fact Check: Foreign Countries pay the Tariffs.
>>512211177We decrease it by 4 trillion, duh, not that a faggot canuck that will never own a house or win a stanley cup again would understand.
>>512211376And all that decease will be offset with new debt so the net effect is zero. You lost.
>>512208229 (OP)those peoples should be hanged by their balls on the public places after being proven fraudster and traitor
>>512208229 (OP)For normal people, the economy is how high their bills get, how much of a raise they get, and whether they keep their job. For most economic analysts the economy is GDP, stock prices and growth.
How exactly does more immigrants fix companies refusing to hire recent grads or inflation?
Trump will fire him and replace him with someone who only writes good things about the Trump regime.
>>512211570he's full of shit and his title on linkedin got to his head
he's spewing retarded bullshit from a position of authority just hoping no one will call him a fucking liar and a midwit
>>512208229 (OP)we been in a recession since 2020 nigger
>>512211456Still own my house and we still have 32 consecutive stanley cups that you don't have.
We started the whole stanley collector craze just to mock you for being eternal losers.
>>512211356Fact Check On Your Fact Check: Fact.
>>512211177Last numbers I saw were a hell of a lot more than 1 billion in tariff revenue.
Based on the trends with the countries currently being tariffed, us consumer pays 10% of the tariff price with the rest being subsidized by the rest of the world
We'll see how that works, but only Jews freak out about a 15% tariff on $20 valued Nike shoes. They're only worth 20 bucks when they're imported, then they are assembled with boxes and finished goods making their value 200.
Literally only porkie cares
>>512211708shut your retarded mouth low IQ sack of shit the jew who own the NHL made rules so Canadian HAVE to play for your shit country or else you would have never won anything poser
the only thing your country is good at is corruption and lying
>>512211662I don't understand how there are so many people that don't consider a period of time when unemployment spiked, small businesses died off en masse, and consumer spending screeched to a halt a recession.
>>512210112He’s right about that, but it’s a good thing. These companies are way overvalued, the price of buying stocks in terms of P/E ratio is out of control. With no tariffs, companies passed the increased profits on to the stock market. With tariffs, companies pass the increased cost on to the consumer.
Reshoring manufacturing will hurt share prices, but they need to be hurt because it’s a fucking bubble that needs to be deflated rather than left to pop on its own.
>>512211505when people talk about actual red pills, this is what they mean
>>512211895except it's not going to happen
Tramp gamble failed miserably
those corporations will not let go their profits for his "vision" of a communist USA
they're not re opening in the USA
the USA don't have any industrial capacity anymore and the population is so fucking dumb it's on par with Africa
you're done goofing fat fuck
the only thing keeping the illusion alive is your fiat currency everyone is about to dump
>>512210909Yeah but that was because it was a recession. But now thanks to Trump the economy is booming, so we know OP is straight up lying and the numbers were fudged
>>512208229 (OP)Trump is the new covid. Orange plague.
>>512211708>but muh heritageOf course I don't blame the boys for spending their days as millionaires in the tropics.
As always, fat retarded americans taking credit for what was actually accomplished by Canadians.
Summer is nice up here with all the cup parades at least.
>>512211895He's no right about anything.
>>512209125The 2008 crash never ended.
>>512208229 (OP)>costs have skyrocketed>income is stagnant That's all that needs to be said about the American economy. It's that simple. Everything is more expensive, but wages have not kept up. No one has money to spend anymore. The jews have squeezed this economy to the breaking point, and I honestly don't know what comes next
>>512212033Yeah okay two more weeks eh?
Tariffs will stay and you’ll be like Mexicans running across the border to get jobs
>>512212248>nuh uhI just explained how he is correct
>>512212512I don't care about sports I stopped watching Hockey when it became pay to play
>>512212565you're not even delusional you're suicidal
>>512208229 (OP)>the economy is doing terrible>the reason for that is that there aren't enough brown people, we need even more!lmfao it's like the family of a loved one insisting they need to be stabbed more while they're bleeding out on the operating table
>>512211860>>512212093>angry leaf soundshonestly, you could have chosen the moose, narwhal or bear as your national symbol and you chose a FUCKING LEAF what a bunch of losers hahahaha
You know what we did when ben franklin said he wanted the turkey to be our symbol? We told him to shut the fuck up and go be a nerd somewhere else so he fucked off to sweden to pout for a while.
>>512208229 (OP)>oh no people stop consooming>oh no illegal stop coming>not my corpoOnly things i regret about trump is he stop pakistan india war, and iran israel war, billion definitely need to die.
>>512212857it's the beaver ameritard
I don't expect you to know that because you're fucking dumb
it's better than your shithole lying communist country with a "bald eagle"
>>512208229 (OP)>Tariffs and Immigration policy to blamelmao that's complete bullshit
its nothing but globohomo trying to put the pain to the plebes for choosing wrong just like they did with brexit
>>512208229 (OP)They seem to come up with every excuse to keep their cheap, exploitable labor.
I've been thinking of making signs that say "STOP ICE, corporations need their cheap labor." Those would be funny to see posted near those retarded 50501 protests.
>>512209125zerohedge is quite correct in that if the strict fundamentals were followed and there was no ability to kick the can down the road, crash happens
but central banking jews have a legalized coutnerfeiting operation, meaning extensions can reach unicorn land
>>512208229 (OP)We've been in a recession since at least 2008
>>512209512>absolutely shameless frauds the lot of themthey're paid regime propagandists. Big money is who truly runs america, they are the masters. Politicians are just fall guys and bag men.
>>512213090>w-we may not have chosen a moose, but it's not a leaf it's a beaver!!!THEN WHY IS THE LEAF ON YOUR FUCKING FLAG HAHAHAHAHA YOU CHOSE THE GAYEST ANIMAL YOU COULD AND THEN TRIED TO USE A LEAF INSTEAD TO COVER IT UP, YOUR DOUBLE GAY LOLOLOLOLOL
>>512208229 (OP)Well we had an unrestrictive immigration policy and no tariffs, they economy was still total shit. At least we have less shitskins.
>>512211651>he's spewing retarded bullshit from a position of authority just hoping no one will call him a fucking liar and a midwitYou're talking about Trump right?
>>512213650OP obviously Tramp is way worst
>>512213276>at least 2008this, the can has been kicked since the 2000 dotcom bust
how does unlimited immigration help citizens find good jobs and for new graduates to find their first job?
>>512208229 (OP)Just wait 2 more weeks fucking democrap and dem taeriffs will start work and wealth will trickle down, it's simple ecnomics really, but i gues you are too dumb to understand the genius of Trump
>>512208229 (OP)brings up all these things that stop job creation
oh btw we need more shitskins and more foreign shit
>>512208229 (OP)fuck gimmigrants and fuck this jew
>>512208229 (OP)>>512208282He's right but the market won't actually correct (crash) for another 15 months or so. But yes, we're in the middle of a mania where everyone is speculating on stocks/crypto, trading short term options etc, trying to maintain their lifestyle, so when the music stops it's going to be cataclysmic. Now is a good time to short homebuilder stocks (long dated puts), same goes for banks, just ensure your expiration is a long way out because it will take time and no one knows exactly when it will all come crashing down.
>>512208229 (OP)Ok. Good thing there are things that matter than just how many immigrants you can stuff into America to keep a dead non-producing economy going.
>>512208229 (OP)Yeah I’m sure it’s trumps policies not the result of a years long trend of people’s budgets being squeezed to the max and replacing jobs with h1b Indians.
This isn’t a recession by the way, this is end stage stagflation.
Professional economists are worthless.
>>512211134Retard stop coping and pretending that America even has an economy anymore dipshit.
>>512208229 (OP)>Muh doge cuts are to blame for the revisions!So DOGE is to blame for the revisions downward nearing 900.000 in 2024?
>>512216087When has there been a correction since 2008? And when has the market been like this prior to 2008.
STOP TALKING LIKE THERES AN ACTUAL ECONOMY IN THIS FAKE AND GAY COUNTRY ANYMORE YOU FUCKING RETARDS
>>512208229 (OP)>on the brink ofDude, we have been in a DEPRESSION since 2008 and have only ever sunk deeper. The only reason people think that the Great Depression was worse than now is because it was a long time ago and there weren’t state benefits to keep the poor satiated back then. If welfare stopped over half of the country would starve to death. Just look at the average wage vs cost of goods/housing then vs now. Look at the rates of people in full time jobs then vs now. Look at literally any metric and people were better off in the depression than today. We are living through the WORST economic times in western history and being told to fear a “recession” as if we aren’t living in one.
Trumpedo will rape another child and Satan will heal the economy just watch
>>512216630I’d love to know how all these retards got their jobs.
It is true if you bought your house and got married before 2015 you’re basically a made god by now. Door shut forever after 2019.
>>512208229 (OP)Is this guy moody or what?
>>5122166222008 was the correction. Now we're nearing the next one in late '26, give or take a few months. Believe or don't it's coming all the same.
Capture
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>>512216630right? The crash has already happened in so many ways, they just slow boiled everyone. Everyone except those at the very top is poorer in real terms than they were in 2007. They've been papering over it by taking shitloads of debt, mainly credit card debt. Which brings me to this
>>512216087>trying to maintain their lifestyleconsumer debt expansion is finally topping, this is the indicator for me that this has run it's course. Look how insane it has been. Look how much needs to come out to return to any kind of normalcy.
>>512210846>nooooo they can't be right they'll be smug jerks to me this isn't fair i literally can't evenTrump is a pedophile who lied and told you everything you wanted to hear. Troons getting BTFO was fun and all, but Trump is clearly a moron who has no idea what he is doing.
>>512208229 (OP)I just paid $3 for a dozen jumbo eggs. That's pre COVID pricing
Go fuck yourselves faggots
>>512211356>Fact Check: Foreign Countries pay the Tariffs.Does that mean the imported goods will cost less for American consumers?
>>512212857>more than half your teams are canadian>reeeeeee>y-y-yeah well flagYou'll be doing the same pathetic coping when more than half your country is brown, you pathetic cuck.
>>512217185>i got eggs. fuck housing prices and real wagesJumbo eggs are $4.50 by me. Still too expensive
>>512217356>>i got eggs. fuck housing prices and real wages>WAHHHHHHH 6 MONTHS IN WHERE IS MY HOUSESuck a dick, bandit fuckstick
>>512208229 (OP)>telling is the economy-wide hiring freeze, particularly for recent graduates>blame ... highly restrictive immigration policy>Fewer immigrant workers means smaller economy.So he's saying that companies aren't hiring americans because there aren't enough foreign workers here. We need to increase the number of foreign workers before companies will start hiring. Am I getting that right?
>>512216995It wasn’t a correction it was a band aided crash then a double down.
>>512208229 (OP)>US on brink of recessionIt's actually going to be worse, we're heading for Stagflation. Inflation + "lower growth", meaning mainstreet is about to get it's ass fisted. I say "Lower growth" because Government spending will prop up certain sectors and special interests. That spending on top of what we already have will fuel more inflation.
>>512208229 (OP)What a load of shit. This guy is a propagandist.
The economy isnt doing well because of five fucking years of rising interest rates.
>>512218274How else are the over educated managerial class morons Go mg to justify their jobs unless they can "manage" 20 imported retards that can't do the work of 1 white man of above average intelligence
>>512218274He means for low wage shit he isn’t talking about pajeets. We need more debt cattle.
Posting this again.
Calculation is Minimum wage*40 hours worked*4 weeks*12 months, then divide the sum by gold price to get troy ounces of gold, last convert the worth of those ounces into price of gold yesterday.
gold price yesterday: $3,411ish
Minimum wage 1950: $0.75, Gold price: $40.25, Money earned per year: $1,440, ounces earned per year: 35, Gold based inflation conversion: $119,385
Minimum wage 1960: $1, Gold price: $35.50ish, Money earned per year: $1,920, ounces earned per year: 54, Gold based inflation conversion: $184,194
Minimum wage 1970: $1.45, Gold price: $37ish, Money earned per year: $2,784, ounces earned per year: 75, Gold based inflation conversion: $255,825
Minimum wage 1980: $3.10, Gold price: $594.4, Money earned per year: $5,952, ounces earned per year: 10, Gold based inflation conversion: $34,110
Minimum wage 1990: $3.80, Gold price: $383.51, Money earned per year: $7,296, ounces earned per year: 19, Gold based inflation conversion: $64,809
Minimum wage 2000: $5.15, Gold price: $279.11, Money earned per year: $9,888, ounces earned per year: 35, Gold based inflation conversion: $119,385
Minimum wage 2010: $7.25, Gold price: $1,421.45, Money earned per year: $13,920, ounces earned per year: 10, Gold based inflation conversion: $34,110
>>512220553rates are still below historical averages. So were we supposed to maintain QE fueled low rates forever? Do you work in the FIRE economy?
>>512208229 (OP)>THE HAPPENINGS ARE HAPPENING>THE RECESSIONS ARE ON THE BRINK>THE SHITCOINS ARE PUMPING>THE REAL ESTATES ARE OVERWHELMING>THE AI IS TAKING OVER>THE BANKS ARE COLLAPSING>THE YIELDS ARE SPIKING>THE RATES ARE CUTTING>THE PETRODOLLARS ARE DYING>THE BONDS ARE DEFAULTING>THE INSIDERS ARE SHORTING>THE MONEYS ARE INFLATING>THE PENSIONS ARE PONZYING>THE FAMINES ARE COMING>THE MARKETS ARE CRASHING>THE JOBS ARE RECEEDING>THE UBI'S ARE DROPPING>THE DEBTS ARE PILING UP>THE CYBERCRIMINALS ARE HACKING>THE BLACKOUTS ARE COMING>THE WORLD WARS ARE STARTING>THE WEST HAS FALLENIt's over but I still have to go to work tomorrow morning. I'm tired bros, I'm tired of this world. When will it finally be my turn to be on top?
It's the peoples fault, remember, the people did this, suppress the people snd punish them for this and for china making new better planes!
>>512213207They dont understand the eurodollar market or the dollar milkshake theory. As long as theres demand outside the US for dollars the show will go on. The only way it will ever end is if we get a gorbechav who tears the whole thing down.
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>>512211860Get the fuck off my board you faggot canadian. You will never be American
>>512208229 (OP)The economy is investors giving money to Nvidia, none of this shit is connected to reality.
>>512208229 (OP)Most western nations already ARE in recession
The jewish bullshit window dressed figures don't count
>>512208229 (OP)If there is an unemployment problem we can just outlaw non-immigrant work visas so companies suddenly have many open positions. Any company that moves overseas can't sell into the USA without a 150% tariff.
>>512221143Not true.
The economy can reach a point where people literally can't make a living, and at that point the social cascade will be too much for the system to manage.
Apply Laffer Curve logic to MMT.
>>512216630Nobody would starve, but theyd need to take on room mates to pay rent.
>>512221423america isnt anywhere near that point. Mexico is a hundred times worse in that regard and they keep chugging along. I used to live there, if you think america is hard to live in Mexico is the 9th circle of hell
>>512208229 (OP)When I want a disgusting Jeets opinion on anything ever, I will get it from an unflushed truck stop toilet after taco Tuesday.
It will still be better advice and not smell anywhere near as bad as being associated with street shitters.
>>512208229 (OP)Globobomo multinational """American""" corporations going broke is a good thing.
>>512221804Are you retarded?
Americans can't survive without AC and the grocery store?
Are you literally that fucking stupid?
>>512208229 (OP)nigga its been a recession for 80% of americans for like 20 years now
>>512223405Only active warzones and the most fucked up african shitholes on earth have famines in the 21st century. This problem is global and America is actually one of the least affected. Stop comparing America today to itself in 1950-1970, the postwar boom was an anomaly that is never coming back. America is doing much better than even europe, a burger is as rich compared to a kraut as a kraut is to a romanian.
>>512221804>if you think america is hard to live in Mexico is the 9th circle of hellmexico or brasil is what they are busy turning us into. That's the dream of the wealthy, obscene wealth for them, favelas for the rest of us. The middle class is an aberration to be done away with to them. I agree with you that as long as the gibs and electronic circuses flow nothing will happen here. And there is plenty of production to keep them flowing.
>>512208229 (OP)That's just a jew, not a REAL economist.
>>512208229 (OP)>we need more immigrants!No, we need a recession and then we need to rebuild with American workers instead of an imported workforce
>>512208229 (OP)>Construction is contractingIsn't this what they're supposed to do?
>>512208229 (OP)>It's trumps fault no one is spending money like mindless drones and are mass shifting to Amish levels of frugality, it has nothing to do with us wanting 18$ for absolute garbage they could get for 99c in '99!!!I can't wait for this bubble to pop
Eat shit Nestlè,
fuck you Walmart
Good fucking luck landlords
Die in a fire McDonald's
Crash and Burn, Macy's
Fall into a gas chamber, beer kikes
I can hunt and fish
I say let it crash
>Highly restrictive immigration policy
But these miga idiots loooove cheap labor and wouldn't hesitate to import rapejeets en masse
>>512224965Yes, lugenpresse is rerarded trades are exploding in demand
They are complaining about how McDonald's lots are empty and there isn't a wrap around of cars at the drive through all day anymore.
As usual, instead of going anywhere near pointing out the ridiculous prices or even a single Opinion article taking our side in this, no they instead will print article after article to gaslight and blame us for being bad people for not mindlessly paying for all the garbage they try to price gouge
>>512225061A dollar is worth less than a dollar in 1999. 1999 was 26 years ago. a .99 cent item cost 50 cents in 1975 too. Millennials dont want to accept change any more than their parents do. $25k f150s are as much of a thing of the past as $3000 chevy bel airs
>>512208229 (OP)>foreign labour force shrinking>wasteful building projects stopping>people spending less on slopThese are meant to be bad things?
>>512208229 (OP)>on the brinkWe are in a depression and have been. A few meme stonks artificially floating the economy on high finance corporate raiding doesn't change this.
>>512224137Are you completely full of shit retarded? We're living in historically unprecedented times. A social breakdown and labor failure will leave people starving overnight.
How the fuck do you get the truck drivers into cities where people are shooting at them and the money you offer them doesn't buy shit?
Let alone collect money from the people receiving the food?
Are you going to spin up a Stalinist government rice and cheese supply chain that can feed 180 million urban residents in less than a month?
You've got to be fucking braindead.
>>512224137>America is doing well and actually richHoly fucking shit what a retard.
>>512225293Yeah not paying your spike.
Would rather see the doors shutter
>>512225508That will never happen, even during the collapse of the ussr it wasnt that bad and that is what the collapse of a modern technologically advanced superpower looks like
>>512225553relative to the rest of the world yes. compared to the boomers no
>>512225593eventually the company you work for will shutter and youll make zero dollars an hour
Collapse already stupid economy
>>512226090as long as the eurodollar keeps consuming dollars it wont
>>512208229 (OP)Meanwhile, those tariffs have already brought in billions of dollars that go straight to the US Treasury. USAID has been gutted and put under control of the State Dept (saving billions), other countries like Japan are making major investments in US manufacturing, and today the stock market is about to reach an all time high.
So this person is another TDS retard just like the rest who have no problem ruining their own credibility just to try and spite Trump. Another day as usual.
>>512221804Mexico barely exists as a country and survives on the fact that the US is only a stones throw away from them. If the American markets start collapsing, south American countries other than brazil will fall with them
>>512208229 (OP)>dude just open your borders and line will go up Nah, I’m all set mr Jewberg
>>512226196Neither Japan or EU have put in a single dollar yet
It's all just handshake deals because they're mostly goy puppets.
They're waiting for the admin to change to reneg
>>512226256The entire global economy will. its all one big system
>>512226090Everyone at /biz/ has been chanting this for years in the hopes of buying low.
I still can't buy anything at all....was poor before the 08 "crisis" when all of my graduating class was getting their first house on a loan via their Six Flags salary. Shit was wild and I don't want to miss out, but something tells me not playing at all is why I don't worship money and I'm not bald and my dick still works. lmao hurry up and crash already so everyone is exactly like me
Thread theme:
https://music.youtube.com/watch?v=iorAdKfKmvg&si=pTi10Ys8T0qcNIHB
>>512226340A lot of countries are self sustaining and lots of nations have diversified away from the dollar including GREATEST ALLY
We're no longer in the
>If America crashes, the world crashesera
That was like pre 2010
Both China, Russia, and most of the middle east and half of Asia can now self sustain without the need to be dependent on Dollar powers
Even Brazil can survive
Who cannot survive are the dumb fucking golems who followed Americans into the suicide noose known as quantitative easing
So Eu golems, Jap/korea golems, and nearby Spic golems will Ack themselves when America does
The Economy has been fugazi for a while
Everyone knows it's bullshit, but they continue to go along with it because they know the consequences of it might worse
But when the reality of it is on par with the consequences, what does it matter if it crashes?
>>512208229 (OP)Good, I hope the system crashes and burns, maybe we can rebuild something worthwhile
>>512226659Interest rates going back to normal has changed the game. interesting times ahead
>>512226716No country is truly self sustaining. the only country that is any threat to us at all is china and they dont want the reserve currency because theyd end up deindustrialized like us.
>>512208229 (OP)We've been in a recession since 2021
>>512226320Trump is strategically building up new trade relations with the smaller Asian nations for a very specific purpose. He knows the only reason China has gotten so powerful is because we allowed it. So he's doing that with the smaller countries over there in order to cut the Chinks out of the market and back down to size. If it works you'll be thanking him for it in the future.
>Country goes into recession
>Change the definition of recession, not in recession anymore and economy is totally fine.
>Things get even worse
>Pretend things are still good by cooking the fuck out of the numbers
>Country is likely already in a depression
It's not just the US that has a big ass problem, every country in the Western system is absolutely fucked and it gets really scary when you consider that economies haven't officially even tanked yet.
When the markets finally pop, we're going to see +30% unemployment in every single nation in the West.
That's the point where people are going to start getting violent as there aren't enough resources to keep the lavish welfare system going.
It's even funnier when you think about what has been running the economies so far, printed money.
They can't print their way out of the next drop either due to inflation, so what's the answer to resurrect the Western economies? There isn't one.
This is going to be a wild ride as half of the planet becomes Japan 2.0 with +20 years of stagnating economies.
This upcoming fall is why they want to bring in the totalitarian online ID control system right now.
The higher ups know they're increasingly in danger and they want to tag every threat to try and protect themselves from any repercussions.
>>512227065>No country is truly self sustainingAre you retarded?
Soviet Union was a closed economy for a century
Do you think just because Global trade suddenly increased in the 2000's everyone suddenly forgot how to build shit themselves?
This is on par with retards telling me when the ukr war started that Russia wouldn't be able to build anything because they couldn't buy
>Checks notesfucking CAT tractors
>>512227194>>Change the definition of recessionretards just keep repeating this, no matter how dumb it makes them look
>>512227194>When the markets finally pop, we're going to see +30% unemployment in every single nation in the West.I don't know why people still believe the retarded number that we don't have a huge amount of unemployed people
We're already in the 30%+ in most western nations.
Just people pretend we don't because
>MUH GEE DEE PEE
>>512208229 (OP)>MoodysReminder that these jews gave fake inflated ratings to shit bonds which contributed to the housing market and economic collapse around 2008. Obama swept it under the rug.
>>512208229 (OP)Tariffs are good in the long run and so is negative immigration. Kikes will cry more
>>512208229 (OP)Don't care. Libs lost, trannies lost.
>>512226733Nice digits, but the first couple of decades are going to be spent scooping up dead bodies and fighting off the paramilitary feifdoms that will inevitably pop up. And that's if nobody launches an opportunistic nuke or two during the chaos... What really needs to happen is a change in currency. Seperate classes of money and give each class checks and balances. Funbucks, Workbucks and Busybucks. It's the only way to put a check on the power dynamics of money but every time I mention it, the thread shuts down or is spammed with crypto talk. We can just say every $5 is a workbuck, every $10 $20 $50 is a busybuck and $1s and $100s are funbucks. Talking about this idea makes the CIA sweat lol whered all those funbucks come from lmao
Captach:SADNY
>>512208229 (OP)>we're going to go into a recession, goyim!Oh? Because of Biden blocking the Keystone Pipeline and the cascading effect that had?
>n-noThen you must mean those $1400 stimulus checks that dumped $2T into the economy that literally every economist said would cause a recession
>n-noThen what?
>You goyim need to allow more immigrants in!Every time. Every fucking time. I'm only surprised that I was surprised.
>>512227263They were the biggest importer of grain in the world during that time
>>512227819>Oh? Because of Biden blocking the Keystone Pipeline and the cascading effect that had?no, not at all. lol you are gullible
>>512210112In a way, it's like a perpetual motion device. Somehow tariffs are going to make gajillions of dollars... while they suppress domestic manufacturing and consumption, which will consequently hurt tax receipts and growth.
This is a fundamental misunderstanding of the role of tariffs in a developing economy. Tariffs do not generate net revenue; they promote, combined with industrial policy, the development of domestic industries. Many, many countries have used this to develop, despite established foreign industries having much greater efficiency.
The Trump regime doesn't have industrial policy, so tariffs have become simply another tool for manipulating the colonies of GAE, and it will fail horribly, because these colonies have other alternatives.
>>512227263>Soviet Union was a closed economy for a centurythey just became a net exporter for the first time in their history in 2018. Russian history is India-lite, basically a series of neverending famines.
Maybe look into why Germans were given land to farm in Ukraine.
>>512227397Well its true so I guess that makes you dumber than a retard
The truth is nobody actually fucking knows and they have predicted the same shit for 7 months now
>>512227409and what is "functional unemployment"? working at walmart despite having a degree is still being employed
>>512208229 (OP)>economy in recession from 2023>is on the brinkgay niggers think we don't remember,
>>512216795>I’d love to know how all these retards got their jobs.It used to be braindead easy as long as you had the bare minimum credentials.
There should be at least one youth unemployment thread running on /pol/ at all times but most here are exactly the type of person you're talking about, an aging millennial who caught the last economic chopper out of 'nam and now has the time to cry about trannies and ecelebs after work.
Meanwhile white male zoomers had their careers fucking spawnkilled and are barely clinging on to the bottom rung of Maslow's hierarchy. There's no post 2008 artificial pump coming to save us because the fake kike lottery is still green and will be as long as outsourcing and jeet importation are still allowed.
>>512228085it absolutely is not true, stupid. The US government doesn't dictate the definition of a broadly-tracked economic concept. It doesn't dictate Moody's analysis.
>>512208229 (OP)moodys is a fucking scam company selling ratings for volume
so is s&p
fake and gay jewish bullshit
>>512227397That's exactly what they did idiot.
Historically until this point, two consecutive quarters of negative growth has been the standard definition of a recession in economics, government and the media.
It has been a widely accepted standard for it. This time around they refused to admit it even though the data was clear.
So yes it was fucking redefined, as every other administration would have declared a recession with that data.
>>512227409Yes it's way worse than what they tell. They have a myriad of ways cooking the books to get the current bullshit data. True unemployment is staggering at the moment.
However when they officially have to start reporting double digit unemployment numbers, that's when shit has really gotten bad and we'll absolutely get there.
>>512226040You’re only one step removed from the idiots that say “why worry about food it comes from the grocery story, why worry about electricity it comes from the plug.”
80% of the USSR was Russia SSR which never “broke up” and was a communist system even with selling off industry to oligarchs.
Bread was a utility function of their economy and they were mostly racial homogenous in their core territory.
America is historically unprecedented. Debt, just in time supply chain, global pyramid scheme cost of human capital and assets, racial diversity, social and family dysfunction papered over by unsustainable unprecedented wealth.
Anyone using their brain and asking questions for two seconds can see how the US could collapse with millions dead. Once price levels create conditions where labor cost requirements fail to provide a way to make a living, people will drop out. There’s a cascade effect.
The government will need time to build a Soviet style utility food system.
Russia had guaranteed public housing. How is America supposed to handle housing after it’s unaffordable for 50% but prices can’t be lowered without crashing the financial structure?
Outside of established price levels, there’s no mode of economic organization for the American real economy. If the asset price levels become unsustainable how will the real economy even function? To whom will supplies be sent? How will labor be compensated?
You’ve got to be a total dumbass
>>512228408>That's exactly what they did idiot.no it's not. you're just getting filtered by a political talking point.
>>512228408also, "declaring a recession" means literally nothing at all.
>>512221008>No one remembers VolckerThe US has had abnormally low rates for decades. I think many of us believe the economy has been propped up by cheap credits, despite flatlined productivity and wages.
>>512228432America is a massive food producer. food will be much less of a problem for us than Russia. And no, people wont drop out. Going from a shitty job barely making ends meet to no job and living on the street is never going to be a valid proposition. what will actually happen is poor people will take on more room mates and drive motorcycles or ebikes and escooters instead of cars.
>>512228638thats exactly what happened. No stopping the recession this time.
>>512209512they arent frauds they are evil psychopaths
or phrased differently, jews
>>512228883>what will actually happen is poor people will take on more room mates and drive motorcycles or ebikes and escooters instead of cars.This has already been happening for the past 2-ish years.
>>512229096I dont see any more motorcycles than usual and most ebike riders are children and tweakers. Anyway that just proves my point. Nobody will drop out, they will find more creative ways to get by and earn money
>>512228300We are now at
>AI filters job applications for every business with over 300 employees >multiple interviews plus background check for entry-level jobs>substance testing for any job that requires enough brain cells to count cash>self-checkout security guard is the only opening at Wal-Mart, high turnover so get in line and stay clean in queue >every white collar job is a clique of friends who "vibe" at work (and swap wives after 5 years of profits)>every government job is staffed by eager people who burn out after a few years and become a rusty cog in the machine and never find other avenues of employment until finding loopholes for unlimited profit>at every job you must tolerate the man in the dress and the woman who hates men>at every job you will be encouraged to contribute your earnings to a giant gambling pool the company uses to increase its stock value>at every job you WILL be humiliated, sometimes every minute of every dayand despite these jobs paying a "wage", everyone is in debt and/or on the edge of financial ruin.
What's enticing about this? I'd just like to browse 4chan until I starve to death. I wired up shit that I dug out of a dumpster to be here today. Shits bad, Anons.
>>512228432We need a seperation of Work and Fun.
The same dollars that make a genetically gifted teen millions of dollars a day cannot exist in the same economy every man works for pennies in. See
>>512227811
>>512208229 (OP)Do you guys notice how in the breath paragraph this guy mentions how there's a hiring freeze with large amounts of recent graduates unable to find work and then blames immigration policies for decreasing the amount of labor available?
>>512212237"Because money is a lie", ftfy champ.
>>512229565Yep, I love it when corpos and kikes say the quiet part out loud without realizing it. Anyone placing trust in these people is being led to slaughter.
>>512228883So congress will pass a law and food will be given away for free. Universal EBT? How do you think this is fucking going to work dumbass?
You keep thinking in geostrategic terms. You seem to be wholly ignorant of market economics.
>>512228883Oh that's what will prevent a massive social collapse. E-scooters!
What a fucking idiot.
Obviously a city based "elite human capital" ivory tower Jew.
>>512228883>And no, people wont drop out.Where do you think the massive homeless camps of the past 5 years came from? The only thing keeping the peace is the fact 99% of them are hooked on opiates, which was somehow "allowed" to happen under the watch of the DEA/CIA etc.
>>512230493Its not food thats bankrupting people. Its debt.
>>512230585There never will be a total social collapse. The fall of the ussr is as close as it can get. people still worked and paid rent in 90s russia
>>512230729theyre homeless because of drugs not the other way around. Normal people dont live on the street
>>512230729He just can't reconcile the reality of life in these conditions.
The problem is they're trying to recruit slave wagies through forced austerity who compete for jobs with drug addled retards and rage triggered halfway house dudes, illiterate hispanics, and so forth.
This is why they're bringing in H1B's. These people have no option to drop out. If they do, there's 100 more of them in line to come replace them.
At some point the violence will begin. Starting with wanton theft of food and wanton vagrancy.
General social chaos, picking at the scab. The Cincinnati attack was a nigger thing, but niggers are the front lines of the economic and social problems.
Random rage attacks will become more common and devastate the public commons.
They're building Palantir smart cities for a reason.
Another issue is quiet quitting. That's not accounted for either.
Industrial sabotage "oops I accidentally spilled this entire container of milk into the ditch".
This time it's going to be different as always.
>>512220492It's even worse when you realize the people whining about capitalism and corporations always expect infinite growth.
Then say we need more population growth either through births or migrants or pension and social programs won't survive.
A few months ago Denmark and Spain have already had to increase their retirement age to 70 and 71. This is after France and other countries have increased theirs or brought it up over the past few years.
>>512231309They didn't pay rent you fucking moron, they held title to the apartments from communist times and all lived with relatives who had title.
America would have to create systems like that, of a communist nature, to survive the austerity of the collapse.
You still can't tell me how the US would organize the delivery of food to a 50% unemployed population with a sudden collapse of the logistics supply chain.
You just haven't thought this through at all. You're playing the shitty geopolitical wizard who compares vaguely parallel moments of history and looks at macroeconomic and strategic reserve quantities alone.
>>512231309>normal people don't live on the streetYeah they live in their fucking car while being a manager at Wendy's.
Fuck this Jew who's just running shill talking points.
Bro, you don't have to convince us.
>>512231309>theyre homeless because of drugs not the other way aroundBoomers love saying this shit while charging $1200/mo to rent out a studio apartment and demanding people work for $15/hr or less.
You have built out a narrative that the homeless people you see with your own eyes are the result of drugs, and you think everyone else is scraping by thanks to roomates and e-bikes.
You know how I know you're a yuppie investor?
>>512228638Right now the US needs cheap credit for business loans.
>>512231410Trump is selling the strategic gold reserves off to keep the yield curve positive.
No one wants to buy treasury bonds.
People need to understand true economic collapse. Traders will trade as if an economy has long term value so long as short term paper trades at a profit. The second that stops, they dump the asset and the long term valuation collapses to the floor. This happened in Argentina.
Once America has nothing to sell off to back the nominal value of bonds, the US treasury system will collapse and the government will fail to be able to pay its obligations. Immediate massive crash of unprecedented proportions.
So... they'll just print the money. They'll need a Congressional bill to do it, but they'll pass it.
Any predictions on what they'll call literal money printing?
I'm going with: "contingent budget reconciliation operations"
>>512228883This WAS the depression you retard. Look at the homeless. Only massive technological advancement prevented it from being as bad as the 1930s.
>>512231569As if a dual income zoomer couple living in a parents basement and/or the secondhand car, doing gig work in the evenings, with no prospect of ever owning a home is somehow a success story and proof the economy is functional to these boomers.
These fuckers who say move in with more roommates and ride e-scooters are the same assholes who insist America is richer than it has ever been and is doing infinitely better than the rest of the world.
>>512231921What prevented it from being as bad was they didn't draw back credit, but instead flooded the market strategically with credit.
Business receives credit, business hires you, you pay rent. That's how you avoid a depression. No actual value has to be created.
Now, we have 100% inflation since 2000, with 500% inflation in housing costs. None of it can be unwound without massive wealth destruction and upheaval. So they want people to just fucking move 20 people in a home or die of fentanyl or something.
>>512211862Because they listen to what the jew in the tv says. Critical personal thinking is dead and in the grave. If you ask an NPC on the street why things are bad they just parrot the TV. "Trump's fault!" And if you ask what in particular they'll just mumble "Tariffs" with no understanding of anything.
>>512231482food just isnt that expensive. Its the credit card loans and car notes that are killing people. Inflation will actually erase your debts
>>512231569Labor is elastic, real estate is inelastic. also theres only a few hundred thousand homeless people out there. They congregate in california because the libtards pay them to move in
>>512208229 (OP)What happens if you contract a population while having a 'recession'?
>>512232266>food isn't that expensive>for reasons I don't care to look into, credit card debt has exploded.Nigger, I'm not talking about the costs of food, I'm talking about how the fuck you supply food when there's a massive collapse of the labor force from social breakdown.
You just do not get this. You can't see more than 1-2 moves ahead on the chessboard.
"But the electricity comes from the plug, what energy crisis?"
>>512231839I'm calling it now: they'll say Effective Easement Adjustment checkem
>>512208229 (OP)WE'VE BEEN ON THE BRINK OF RECESSION FOR THE LAST TEN YEARS HURRY THE FUCK UP!!!!!
>>512232266It's the Laffer Curve dipshit.
People are adjusting custom and habit to unsustainable costs of living. More and more family members are tolerating deadbeat relatives living in their basement due to an acknowledged cost of living national crisis.
Lack of widespread homelessness is not evidence that people are affording their housing right now.
>>512232472Nice. Let's go for acronyms.
Federal Instability Negation Executive
This is FINE
There is demand though, everyone is bitching about prices, wanting job opportunities that aren't available to them, wanting to start families and buy housing but are priced out. It's all there. the problem is the wealthy are choking themselves with their own greed. They're the ones who don't want to pay and play by market forces. Let them choke until their own society rings their necks for real
>>512227397It isn't a recession unless a government entity tasked with calling recessions says it is, even if the technical definition fits -which is exactly what happened in 2021, despite inflation numbers being heavily gamed to make it appear better than it was
>>512226040I already make zero dollars because I am not a slimy kike like you and I realize that (((money))) is evil and should be destroyed.
>>512211862they changed the definition!
>>512208229 (OP)Oh NO? We're not going to continue the Fire Sale of American Industry?!?!
SOMEONE STOP THIS PRESIDENT,
HE MIGHT ACTUALLY GET THE US INDUSTRY RUNNING AGAIN!?
>>512231309>never will be a total social collapseGlobal bond market implosion (which we're on brink of), yes there will.
https://archive.4plebs.org/pol/thread/500310690