IT'S HAPPENING
>the stock market is in a huge bubble, already worse than in Black Tuesday (the Great Depression) and reaching the levels of the Dot Com bubble
>the S&P 500 PE (which shows how bubbled the stock market is) is reaching the 2008 levels
Technocratic cybernetic socialism with market elements is incoming.
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No shit. Gonna be worse than the great depression and require a new currency and universal income with robots doing all the work to get us out of it.
It'll not save your ass getting raped by a Somali migrant OP.
You mean there is a dust bowl coming? Oh wait, you forgot that part. huh?
And it's going to be worldwide this time.
discovermagazine.com
phys.org
dailymail.co.uk
independent.co.uk
Fucking cucks.
>And just as drought conditions affect each and every one of us, we each have the power to help fix the situation by reducing our own carbon footprints. Only through individual and collective efforts to drive and fly less and switch over to renewable non-polluting fuels can we stem the tide of global warming that is either causing or exacerbating what is beginning to feel like a drought with no end.
Stop turning food into gasoline. Stop subsidizing Africa with free world.
This is the most hilariously biased and WRONG article ever.
T. Corn farmer
No no no
The drought in the 1951-1958 and 2010-2015 recorded less precipitation than the 1930's. The dust bowl was a result of piss poor agronomic practices and the inflated wheat prices brought about by the 14-18 war
YOU MAY RUN
FOR A LONG TIME
>The dust bowl was a result of piss poor agronomic practices and the inflated wheat prices brought about by the 14-18 war
You think that's not going to happen again with the current geopolitical situation?
>tfw God is literally on China's side
Interestingly enough, very similar situation has already begun. Wheat prices are too low for farmers so it is stacked up in billion bushel piles
Pic is inside the largest wheat elevator in North America
When shits will happen i have my list full of jews and their addresses living in my region. If i will have enough time i will kill them all including their children with my guns.
Now I can finally afford a graphics card
Glad I'm armed to the teeth and have body armor. It's gonna be like Mad Max in the northwest suburbs of Chicago!
People starving and thirsting, grain elevators are bursting
Oh, you know it costs more to store the food than it do to give it
>tfw parapalegic hapa jew nigger who lives witjh elderly parents.
>on welfare
this happeneing will not be good for me!
That sounds like a good time
>Not learning how to make your own gfx cards..
>"FUCK THIS IM CASHING OUT!"
>/biz/ mode, no survivors
>Trump is the fall guy for the lulz
>implying I haven't
Haven't really checked into this , but the housing marked has to be one of the really really bad bubbles there all over the board.
There are tons of bubbles now, this however is well known. A bull run doesn't last forever, soon the bear will take over and everyone will panic sell and amplify it all
I only wish I had a lot more crypto, for when everything comes burning down once more
Trolling apart, it would be interesting to see how cryptos change their value after a major crysis. On one hand no one is paying for that crap since everyone is more impoverished but on the other, its value is directly related to the drug trade and that one always flourishes in times of economic struggle (given a couple of years or so).
Fuck yeah it does. We (wife and I) have two Jeep Wranglers (can go anywhere), 42 firearms and 17,000 rounds of ammunition. We can be king and queen of our sub-division should everything collapse :). I currently have $104k invested in diverse portfolios, so I really hope nothing does happen....
It will be far worse than in 2008, since the financial sector got far more powerful compared to 2008, and the US barely manufactures anything anymore (it outsourced that to China). If the financial sector crashes, the US would literally be in ruins, but China would barely be affected.
None of that will matter in the long run. If you don't have a way to get to the Cayman Islands or something you're fucked regardless of your preparations.
No it's not this tied to drug trade anymore as it used to be. Some coins more than others. Still they got a lot of the btc though.
No normies started to speculate in it, so it's shifted dramatically. It's just about 2% or so now they estimate, I don't got link.
Also yes, it will indeed be very interesting. If the stocks starts to bear, I suspect more and more will flock to it and then it will sky rocket in price. But it's the same, tons of people are going to lose their money here too when it bears and everyone panic sells. It's kinda bearing now, we expect it to drop a bit more. I haven't paid any real money for this, so I always try not thinking of it's value and just see it as crypto until I have enough to make it
I could foresee a major pull back in stock values but it will be isolated to banks much like 1987
There is no asset bubble in place like the 2008 housing crash that would spread to the general market and the projections and “in the pipe” hirigns and expenditures and growth projections and demand all point towards a very stable and steady continued growth of ~ 3%
The econemy is actually in a very good place atm, don’t lose your shit because you have ptsd from Great Depression 2 aka “the Great Recession”
I guess I should be glad family Mormon An believe in having a year supply of food for the family for times like these?
kill yourself shill rat
2008 didn'tt really affect us here, but we're going to feel this one I suspect.
Everything here is driven by the oil prices, so that's what we're feeling. We've had a recession first the later years, as the oil prices has gone down due to economic warfare on russia
>Oh, you know it costs more to store the food than it do to give it
I don't think you understand how expensive distribution and the last stages of production can be. People are only starving in places with bad transportation networks.
What's going on? I don't understand
It's how overvalued those projections are that counts. The stock markets are overvalued by far - they're in a bubble and there's a market correction incoming. The projections/extrapolations don't mean much at all.
US stocks are going to end it's bull run eventually and start to bear, meaning the bubble will burst and we get a recession for some time, before it all starts over again eventually
Greece with the subtle bantz.
>shiller
If you extrapolate a Pyramid/Ponzi scheme everyone would be billionaires in that scheme. Except that isn't how things work. Bubbles and financial pyramids crash suddenly and without much warning.
Those brainlet liberals who think they know anything are tiring.
I hope so
This is what happens when you keep interest rates near zero percent and pump billions of dollars into the market
good point portubro.
Very few will let go of their previous BTC and drugs/laundry business will continue to be done in that currency since it is popular.
Also, Chinese won't be affected by Western crisis. Sure, less exports and trouble. Still, they always have zero fucks about their own people starving and ultimately they'll be backing whatever crypto currency westerners can afford as currency.
>discovermagazine.com
INTERSTELLAR WAS RIGHT!
speaking of this, do anyone of you by chance know how I can obtain all btc (and other crypto) prices over the year?
By the minute pref. And all sales if possible.
I am configuring this AI you see. I actually wrote it a couple of years ago now, but I am just altering it to handle crypto instead of what I used it for. Using the bittrex api I can only obtain for the last 10 days. They probably archive the data
There's possibly a major financial crisis coming. The question is how soon.
I'll write them now, but surely others are doing this so it must be a way to obtain it. Depending on the results, I will utilize it just buy and sell at the right times
>dad takes all our investments out of the market
>ask him why, when Wall Street is hitting new records all the time
>"because I want us to be able to eat when this all falls apart"
He panics easily when it comes to investing but the word 'precipice' comes to mind easily, as per Be smart with your money, boys.
It's time for president Trump to become candidate Trump again. He has owned this bubble for a year now and I don't think he wants to let go of the illusion. On the other hand, it would be better for him if the bubble popped rather sooner than later.
Gotta keep that 'murrican lifestyle and western world domination going, bruddah.
This is gonna be one scary time to live in.
>Bubbles originate because Fake News spread hype.
>Bubbles burst because Fake News spread FUD to cause panic.
>All of this happens so that the DNC, Merkel, Soros, and others, can get rich investing without understanding any math.
They got caught red-handed in this scheme, as shown by Wikileaks. Now that they demonized carbon in the media, and destroyed the industry with their laws, they are buying everything for a fistful of dollars. Expect new public support for carbon and new investments very soon.
Realistically, what will happen after the bubble pops? How bad will it be?
There's a reason they have a theory of golden rate interest rates in economics:
en.wikipedia.org
That's what happens when government bureaucrats set interest rates, and not supercomputers in real time.
This shit always pops up everywhere when a new year starts. I'm sure it'll actually happen this year
>We can be king and queen of our sub-division should everything collapse :).
I hear a lot of gun nuts saying this, but most likely it would be like the zombie apocalypse, everyone thinks they'd fight the hordes of zombies with other few survivors, but most likely they would be the first to get infected.
>sweden
>arab intellectuals
Your dad is a wise man.
we can grow the essentials indoor or greenhouse our ag techniques are much better then they were in dustbowl times. The 'muh corn / muh soybean" folks might take a hit. But literally we have so much food stockpiled right now. Crops the last few years have been the best ever in a lot of areas. Farmers have had to build new silos to store the shit. I mean it could happen but it wouldn't be nearly as devastating.
How do I make a fortune in a crash?
Shorting on fragile industries, or waiting for it to drop and then jumping on the companies that start recovering soon.
Short the market. Or save up cash - it gains value during a recession.
>tfw it takes a national agricultural crisis to end the soyboy meme
>Short the market.
>Shorting on fragile industries
I actually have a 100k capital base so it's just a question of when.
>Or save up cash - it gains value during a recession.
No it doesn't, the first thing they do is devalue currency.
>The bear will leave its cave forever.
Not buying Satoshi Madness on Yobit.net right now.
In fact Keynes saved up cash before a recession and he managed to beat the market consistently. This is because the Keynesian theory says that as the demand falls rapidly during a recession, so do the price levels, compensating for the loss in interest rates.
Five years ago I would have said to short silicon valley tech shit but they've matured so much since 2000 I don't think they'd collapse as much as we'd think. Maybe they'd take a hit as expendable income dries up and people can't afford as many phones and home OS computers but Amazon isn't going anywhere.
Waiting for it to drop and then getting into the real estate game might be a good call, I don't know how it works over there in scandieland.
Stock up and prepare for Varg-tier lifestyle. I kind of like it though.
if you have your money hidden under you bed, you are fine, but if you it all goes to shit (see 2008), people will lose their houses to the (((Banks))) and there will be massive jobs cutoffs.
Another significant bubble is student loans, but I don't know how it could burst as you can't default on them in the USA (and UK?).
Vast majority of those that are starving are non-whites. I'm ok with this.
See
The price levels fall rapidly, faster than the interest rates. This is called the Keynesian multiplier.
Which means you can buy more stuff (gold and whatnot) if you manage to save enough cash before a recession.
Keynes did this and he beat the market consistently.
>IT'S HAPPENING
Shut the fuck up.
There is a bubble in the housing market, because the interest rates are so low. Big investors have moved from bonds to housing and stocks.
This time it's different.
Yeah, it's different because it's going to be worse
What about gold?
Gold would lose its liquidity during a crash (means it's going to be hard to sell compared to cash), so I don't recommend it.
k
What about cryptos?
I think a crash is coming. I thing there will be totalitarian elements. I think moreso than anything though, there will be a genocide as a result. I think we are about to experience a 1930s-40s german style cleanse of muslims and welfare niggers.
Everybody's been waiting for the correction for over a year you dumb cunt.
Nobody really knows why it isn't tanking yet but I'm pretty sure Trump is a big reason despite the fact most people won't admit it.
I thought that the price of gold generally rises during a crash?
based
>Literally shiller
I'm fucking shaking I just invested all my savings into the stock market after reading a few threads on pol and biz
I can't stop shaking.
Tell me hes wrong
Gold is a hedge against chaos in general
Precious metals tend to rise when confidence in governments drop
As a dignified liberalist I have this to add - only time will tell.
>IT'S HAPPENING
youtube.com
Ok, but when? When should I take my savings out the the bank?
Buckle up fuckboi !
12k is where I buy .
Corp tax cuts were done to offset any bubble bursting...
Only problem is that the tax cuts will create another bubble in companies that do buybacks or large dividends.
Moral- We're all fucked by Zog. Diversify and always have some cash stashed for the Zombie Apocalypse.
true, it's the same in finland and here on this matter, we don't get these crazy big loans. You still have to pay on them though. I got like 1500 krones a month or something so I won't die if it goes to shit I mean.
Also the big problem with this, and why it will burst. Is that there is an inflation in degrees. This applies here very much too, but there are differences. You can't take an education in homo sexuality here, like they do.
However as a response to a bit harder times and out sourcing all regular production and factory jobs, giving away all construction jobs to eastern euros etc. They responded by simply making everone take first bachelor degrees, then masters. All to pruddy up the numbers and hide unemployment.
Well that shit is not going to fly, it's a bubble that is bound to crash. Everone can't be a fucking doctor you know. They have turned it into the new high school
They have so much in debt there too, and as said. They go and take degrees in africa studies and tranny sexuality.... there is no jobs for that
Fuck yeah Czech bro. That's exactly how I'm going out. I'll see you in Valhalla.
false. trump would know it's coming, and wouldn't be boasting about the economy. the man is well aware of bubbles and shit. if he's not worried, i'm not worried.
It rises, but the liquidity drops and the volatility rises too. Which means it's going to be harder to sell, and it's going to vary a lot in price.
Remember how hard it was to sell stuff back in the 2008 crisis? Remember how everyone was looking for cash? Think in these terms. Look for cash before the crash, look for gold after.
Keynes - perhaps one of the greatest economists of all time - consistently beat the market during the Great Recession with this kind of thinking.
Ah I see. What about an ETF? Like GLD?
As long as Trump is in, fed won’t do anything unless they want an audit.
Trump is a Jewish puppet and is lying to the population to keep us unaware of the impending danger. STOP TRUSTING POWER FIGURES. Jesus christ.
>haha the markets are doing great! everything is fantastic
meanwhile everyone i know is broke, this city is broke, businesses are closing left and right, taxes are going up
when the numbers and the reality don't match up you know there's a problem