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anime was right posted:most of the places hit hardest by the housing crisis were in the west, where communities are often brand new and houses are less likely to be generational. it seems like the southwestern states (california, nevada, arizona), took most of the impact. Dude you used to be able to drive through like, Citrus Heights and every single house on the street except for the occasional older house that the community was built around would have a foreclosed sign out in front
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Jul 9, 2017 07:49
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Squizzle posted:but a singularity wouldnt have any more gravitational pull than the equivalent mass already does tho, right????? so not a doomsday??????????? just the destruction of financial hardware yeah we just gotta use a looooot of data. like a whole whole lot. im confident it can be done.
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Jul 9, 2017 08:01
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Crowsbeak posted:So I keep seeing stories about Ford and other auto makers racheting down their production. I cannot imagine this is normal. Combined with how many people are going to lose their jobs through the retail collapse I do not imagine this will be good for markets. Auto sales are cyclical even in bullish times. The industry right now has been doing well on their quarterly reports.
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Jul 9, 2017 22:06
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Commerz posted:The BRICS economies will save the west through the New Development Bank and other such initiatives. if you look at the order they're standing in the they're the BICRS countries
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Jul 10, 2017 01:44
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We're already at peak oil production and no new oil wells are being discovered. Watch in the next few years as gas and food prices skyrocket while the Tech/Student/Auto/Home loan bubbles all collapse at once in an apocalyptic tsunami of debt. https://www.youtube.com/watch?v=7KfVJBNX2U4  learn permaculture
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Jul 10, 2017 05:06
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retail collapse is coming to the us because malls are ghostowns thanks to ecommerce killing them. Over the past two decades billions of dollars was lent to construct these things. Those loans are not getting repaid. Student loan securities is going to be subprime housing all over again when the next I don't know about the tech bubble but it sounds plausible enough to frighten me. Auto loans are an absolute nightmare waiting to happen. The pension crisis is also going to exacerbate all of the above. This is what you call a super storm of economic catastrophe. Stock up on water and canned food and trade all your dollars for yuan and rupees. *choo choo* the capitalism train just left america station, next stop Chindia Kromlech fucked around with this message at 07:15 on Jul 10, 2017 |
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Jul 10, 2017 07:13
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lol telling someone to trade dollars for the yuan
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Jul 10, 2017 07:19
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oh yeah, and there will be blood. 400 million guns in the usa. Lots of blood.Jose posted:lol telling someone to trade dollars for the yuan
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Jul 10, 2017 07:20
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Mr. Sharps posted:yeah we just gotta use a looooot of data. you know you can't actually create "data" in this sense right? it's just matter/energy you can't make more of it than it already present in a system
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Jul 10, 2017 07:29
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shush u
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Jul 10, 2017 07:36
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Kromlech posted:oh yeah, and there will be blood. 400 million guns in the usa. Lots of blood. the yuan is being propped up after the ccp raided pensions and whatever else they could get their hands on lol
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Jul 10, 2017 07:40
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chinese are investing shitloads of money into anything american because if america goes down, the entire world goes down with it. it's the most stable place to dump your cash because if your money's no good here, it's no good anywhere. at least currently. yuan is hella unstable and they're dumping whatever they can abroad.
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Jul 10, 2017 07:43
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oaky forget the yuan, everyone buy dogecoin. My point is get yer money out of USD, the petrodollar can only be propped up for so long
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Jul 10, 2017 07:46
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Baloogan posted:i looked into buying a single room house with no plumbing
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Jul 10, 2017 07:56
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since criminals all over the world have moved to bitcoin its probably reasonably safe now lol
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Jul 10, 2017 07:56
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is there such a thing as an inverse bubble? because there's no way they can keep selling Arizona iced tea at 99 cents a can and I want to know if I should be stocking up.
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Jul 10, 2017 08:21
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Jose posted:since criminals all over the world have moved to bitcoin its probably reasonably safe now lol We are all going to drown in this storm. Warm regards from a criminal
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Jul 10, 2017 09:20
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I got married to a Chinese woman and her mom dumped over a hundred grand in my bank account lol I guess they're moving money to invest in property I dunno what to tell them
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Jul 10, 2017 09:31
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Taintrunner posted:I got married to a Chinese woman and her mom dumped over a hundred grand in my bank account lol I guess they're moving money to invest in property I dunno what to tell them stashing your money away in massively overpriced goods is preferable to having the Chinese government seize it all. the system works
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Jul 10, 2017 13:23
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Kromlech posted:Successful criminals generally have better survival instincts than the glaze-eyed cows of genpop. If you're on a ship and the floor is tilted you don't complain about the disgusting rats all running past, you follow them.
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Jul 10, 2017 14:31
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How long until I can stop paying my student and car loan and not get in trouble for it?
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Jul 10, 2017 14:35
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car loan: whenever you want student loan: lol
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Jul 10, 2017 14:38
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anime was right posted:chinese are investing shitloads of money into anything american because if america goes down, the entire world goes down with it. it's the most stable place to dump your cash because if your money's no good here, it's no good anywhere. at least currently. yuan is hella unstable and they're dumping whatever they can abroad. on paper, it looks good - you keep your currency low, so you keep your trade surplus high, but you're not buying foreign goods, you're buying foreign capital, which means that should have a return on investment you can then make the transition from a third world country into a first world country, on that back on those foreign investments, while the americucks (who have no jobs) are now stuck paying you for all that capital you own, and the debt they're in the cost is that you're sacrificing your local consumer economy to do that, which causes social problems, but more immediately - what if a lot of those investments all fall apart, in, say, a housing market crash? All that money you've sent overseas has disappeared into thin air, and if your export economy falters after that...well, you're in trouble.
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Jul 10, 2017 14:40
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Just graduated + got job in career path (software dev), where do I go to learn how to invest my money beyond adult child toys and 401k such that it doesn't explode when the market tanks and I inevitably am replaced by a overworked H1B visa that gets payed 1/3rd of what I make. Disclaimer: im a huge retard
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Jul 10, 2017 17:27
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rudatron posted:if you wanted to take people's hard earned money without all the downsides of the dangers to your person, you should have gone into finance
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Jul 10, 2017 17:29
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C-Euro posted:How long until I can stop paying my student and car loan and not get in trouble for it? 
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Jul 10, 2017 17:32
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Scionix posted:Just graduated + got job in career path (software dev), where do I go to learn how to invest my money beyond adult child toys and 401k such that it doesn't explode when the market tanks and I inevitably am replaced by a overworked H1B visa that gets payed 1/3rd of what I make. Disclaimer: im a huge retard the crash isn't going to hit everything uniformly, some things are going to come out better than others - identify which you think have a good chance at a strong recovery, and take advantage of the crash to buy at the right moment. That's assuming you can get enough liquidity for that. That's assuming you're the gambling type
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Jul 10, 2017 17:36
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Rex-Goliath posted:car loan: whenever you want Yay Rex-Goliath posted:student loan: lol Nuts
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Jul 10, 2017 17:40
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Scionix posted:Just graduated + got job in career path (software dev), where do I go to learn how to invest my money beyond adult child toys and 401k such that it doesn't explode when the market tanks and I inevitably am replaced by a overworked H1B visa that gets payed 1/3rd of what I make. Disclaimer: im a huge retard we call it warhammer 401k realtalk: ask cumshitter
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Jul 10, 2017 17:41
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My 1st decision after signing bonus was 2 1080ti's I think I'm gonna be a natural
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Jul 10, 2017 17:46
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buy a remote cabin in oregon that won't be destroyed by an earthquake, invest all your remaining money in guns (stocks and actual)
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Jul 10, 2017 17:56
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Hodgepodge posted:we call it warhammer 401k 
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Jul 10, 2017 17:58
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the palouse will be one of the most productive agricultural regions on earth after it gets a few degrees warmer up there. grow lots of wheat and nuts
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Jul 10, 2017 20:24
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anime was right posted:buy a remote cabin in oregon that won't be destroyed by an earthquake, invest all your remaining money in guns (stocks and actual) Unironically, a remote cabin w/ some flat land for a large garden and maybe a root cellar or something is pretty much the ideal piece of property for any future economic situation. Mostly because living in the forest owns.
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Jul 10, 2017 21:49
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Larry Parrish posted:Unironically, a remote cabin w/ some flat land for a large garden and maybe a root cellar or something is pretty much the ideal piece of property for any future economic situation. Mostly because living in the forest owns. this is pretty much my retirement plan
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Jul 10, 2017 21:53
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But how will u get 100mb/s internet????
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Jul 10, 2017 22:05
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Who needs fast internet when you can have nature wanks
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Jul 10, 2017 22:17
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sure we all know about wood knots that look like vagina and sexy cloud interpretation, but what are some other good forest wanks?
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Jul 10, 2017 22:43
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Stinky Wizzleteats posted:sure we all know about wood knots that look like vagina and sexy cloud interpretation, but what are some other good forest wanks?
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Jul 10, 2017 23:02
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Stinky Wizzleteats posted:sure we all know about wood knots that look like vagina and sexy cloud interpretation, but what are some other good forest wanks? 
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Jul 10, 2017 23:19
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