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The bubble keeps inflating forever and we all become trillionaires thanks to the Fed finding a new and improved type of Number-based soap that isn't bound by such material frivolities as "surface tension"
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Jan 3, 2021 23:18
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As far as I can tell, financial assets are buttressed by the central banks in the US and Europe making a point of not allowing the stock price to fall. So until Fed policy changes, I don't know if a bubble burst is possible? God knows what the biden administration is going to do next though* *if there is economic illiteracy in this post, please educate me double nine fucked around with this message at 23:25 on Jan 3, 2021 |
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Jan 3, 2021 23:23
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SKULL.GIF posted:Oh yeah, the entire market taking a poo poo is definitely because of your average loser taking out a $5000 loan Yes absolutely they just hit up capone and do nothing with it, certainly not an implication that they're sold lovely terms to enrich the drivers of those booms/busts and those drops are when the loving credit economy stops generating profit for them and the banks have to get bailed out like they have 3x in the past decade jesus loving christ what a loving godawful intentional misread on your part and I know, covid-brain is a thing but c'mon think about actual loving broad context poo poo from time to time
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Jan 3, 2021 23:27
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This thread is too long, and nearly 4 years old. New year, new prez, new thread. Someone make a new OP, to prepare c-spam for the glorious economic reforms that will surely bless us in the upcoming Age of Bidenomics.
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Jan 3, 2021 23:29
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twoday posted:This thread is too long, and nearly 4 years old. What are we going to call the coming shantytowns? Biden-bergs?
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Jan 3, 2021 23:44
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FAUXTON posted:Yes absolutely they just hit up capone and do nothing with it, certainly not an implication that they're sold lovely terms to enrich the drivers of those booms/busts and those drops are when the loving credit economy stops generating profit for them and the banks have to get bailed out like they have 3x in the past decade jesus loving christ what a loving godawful intentional misread on your part and I know, covid-brain is a thing but c'mon think about actual loving broad context poo poo from time to time can anyone else indicate to me if the above was adequately communicated by the hillaryman's original post: FAUXTON posted:Yeah it's because the dipshits can get credit again
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Jan 3, 2021 23:46
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twoday posted:This thread is too long, and nearly 4 years old. rip doomsday Econ long live doomsday Econ
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Jan 3, 2021 23:50
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SKULL.GIF makes some hard posts and gets bad publicity around here, people calling him a 'misanthrope' or some other poo poo. Life is hard when you're peddling the truth.
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Jan 3, 2021 23:51
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SKULL.GIF posted:can anyone else indicate to me if the above was adequately communicated by the hillaryman's original post: tbh yeah it kinda was imo
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Jan 3, 2021 23:55
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curious as to what terminology FAUXTON would use to refer to people who were sold subprime loans in the leadup to 2008 and how much time he'd spend on ranting about these people instead of describing the system that lead to that moment
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Jan 3, 2021 23:57
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SKULL.GIF posted:curious as to what terminology FAUXTON would use to refer to people who were sold subprime loans in the leadup to 2008 and how much time he'd spend on ranting about these people instead of describing the system that lead to that moment The levered-up bucketshops buying up subprime loan bundles as derivatives are dipshits lol idk why you're calling them people though
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Jan 4, 2021 00:03
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what should we name the new thread
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Jan 4, 2021 00:04
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double nine posted:As far as I can tell, financial assets are buttressed by the central banks in the US and Europe making a point of not allowing the stock price to fall. So until Fed policy changes, I don't know if a bubble burst is possible? God knows what the biden administration is going to do next though* Well it does until at such point the Fed/ECB gets cold feet because of capital outflows. That could take a while...but at the same time the more money that is pumped in then the more brittle the system gets, and therefore, even more money had to be continually pumped into it. If anything the US is trapped for the near future because while the US dollar is continually weakening, but there is no way out of the current situation besides a massive crash and an echo recession. Most of the economy at this point is directly dependent on a federal stimulus of some form and if it evaporated, it would take the market with it. It is why it doesn't really make sense to hold out to puts hoping the market will crash any second, but over the medium term (1-2 years) the situation looks very bleak. That is the thing, it is fair to be bullish at this point because of the way things are evolving, but if the Fed pull the plug on stimulus...it could get real messy real quick. Ardennes fucked around with this message at 00:13 on Jan 4, 2021 |
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Jan 4, 2021 00:07
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Declan MacManus posted:what should we name the new thread "Got covid and now I can't even sell a kidney for rent"
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Jan 4, 2021 00:08
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Declan MacManus posted:what should we name the new thread 525,600 corpses
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Jan 4, 2021 00:11
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https://forums.somethingawful.com/showthread.php?threadid=3953960
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Jan 4, 2021 00:16
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| # ? May 1, 2024 00:09 |
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Thank you!
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Jan 4, 2021 00:16
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