2024 Economic Collapse

[Fapcop]

It's completely unsustainable. (socialized medicine "fixes" this by massively reducing expenditure on the elderly. You go to hospice instead of getting catastrophically expensive interventions)

Ah, but America already has socialized healthcare my friend.
It’s called “not paying”.

Illegal immigrants who go to the ER with a cold, because they don’t have a regular doctor nor insurance.

Nogs who go to the hospital for their “beetus” or “Muh aahsma”. And take an ambulance because they don’t want to pay for a taxi.

Junkies who go the ER for a Narcan shot for the umpteenth time.

It’s hard to even know WHAT healthcare actually costs in the US, because the bill for all those who don’t pay are passed along to those who do, leading to 20$ Tylenols and thousands of dollars for simple scans.

As for the stock market, sure you may gain over time, if the timescale is long enough.

Just don’t forget about that 30 trillion dollar debt and a political system that is incapable of solving that. Debt will grow, and sooner or later the money printers will start to REALLY go BRRRRR, as they always do when public debt gets to be too large to manage.

Good luck beating inflation.

 

[Dissapointed Grandma]

Nogs who go to the hospital for their “beetus” or “Muh aahsma”. And take an ambulance because they don’t want to pay for a taxi.

 

[AnimeSucksCopeAndSneed]

I, for one, sincerely welcome and appreciate @Hollywood Hulk Hogan for their input here. I also feel obligated to publicly mention, again, the fact that they are indeed very knowledgeable on subjects regarding lifting and steroid use. His takes here honestly are not bad. It is incredibly reasonable to pick a relatively low-risk security and to constantly poor money into it over time. It's smart. It is not my strategy, but it is a smart strategy. I say this with utter sincerity.

I feel the need to continue to pay forward by asking the entirety of this thread to "zoom out" when it comes to these trends. Illustrated here are 1 week's trends as per finviz (as of August 11th, 2024):

On the other hand, depicted here are trends for 1 day:


And on the third hand, depicted here are trends for 1 month:


I encourage anyone else to use this resource (if they are not doing so already for some reason) to examine various parts of the market while playing around with the performance periods to further inform their own opinions, even if they have no intention of changing said opinions.

I think this might be one of those threads that benefits greatly from more lengthy summaries as opposed to summaries at the end of each day. I am an information guy, and I always welcome the opportunity for either more input or more data to be collected. Ergo, I like to think I pull the trigger on certain decisions not to necessarily time the market, per se, but rather to mitigate various positions. I understand no professional investor can "beat" the market, however I do indeed believe in making certain investment decisions based on how we anticipate our government and the Federal Reserve to influence the market. I think this is reasonable, even if I cannot necessarily point to every single decision as being perfectly times.

With that said, I remain skeptical of the market.

Perhaps I am guilty of not providing more zoomed out information in the OP and will consider edits that provide more background for the years leading up to what I do indeed believe to be an upcoming downturn in the market.

tl;dr: Arguing "AAAAAAAAAAAAAAAAAAA ITS CRASHING" vs "AAAAAAAAAAAAAAAAAAAAAAA WE'RE MOONING" is dumb because, at the end of the day, we don't know each other's positions and strategies. It would behoove this thread for posters to provide information with each post.

P.S.: Shame on all of you for allowing "Kill yourself furfag" to lose. That is always the correct answer. Anyone who voted otherwise is guaranteed to lose it all.


Sorry I did not post yesterday evening, I was tired and going to make an even shittier post than this one.

 

[N Space]

You can't predict the market, nor can anyone else.

Jim Simons begs to differ.

 

[Maurice Maine]

Every year we get this same fucking thread by some newfag who hasn't lived long enough to remember when they said the same thing over and over and over and over and over again. The economy ain't gonna collapse goddamnit.

 

[The best and greatest]

Every year we get this same fucking thread by some newfag who hasn't lived long enough to remember when they said the same thing over and over and over and over and over again. The economy ain't gonna collapse goddamnit.

Who mods the happenings part of the forum? I was considering petitioning to have this thread relabled into a general "economy watch" thread so we don't need a new one every other year.

 

[wtfNeedSignUp]

The chance for a collapse is miniscule because it requires members of the market to commit figurative and literal suicide without anything to gain. Maybe if BRICS was a viable thing rather than a meme then the Chinese would have fucked the economy up, but China is just as much in a bad position as the USA (if not worse).

 

[Your Girlfriend's Dad]

The chance for a collapse is miniscule because it requires members of the market to commit figurative and literal suicide without anything to gain. Maybe if BRICS was a viable thing rather than a meme then the Chinese would have fucked the economy up, but China is just as much in a bad position as the USA (if not worse).

Not really. Just takes margin calls.

 

[Betonhaus]

Not really. Just takes margin calls.

They halt the margin calls, otherwise wallstreetbets would've taken down the entire market when they diamond handed GameStop. The math checks out, if the us government didn't emergency cancel the margin call then there would've been a cascade of margin calls.

 

[One Winged Pear Farmer]

The chance for a collapse is miniscule because it requires members of the market to commit figurative and literal suicide without anything to gain. Maybe if BRICS was a viable thing rather than a meme then the Chinese would have fucked the economy up, but China is just as much in a bad position as the USA (if not worse).

The economy (global not just national) is built on such a fragile house of cards that it could collapse far easier than anyone would like to imagine. Whether or not it will anytime soon is up for debate but the most vital pieces are already held together by nothing but good feelings and chewing gum

 

[GunCar Gary]

in the halloween candy i bought yesterday there are only four gummy bears per packet from Haribo

the west has fallen

 

[Lord of the Large Pants]

in the halloween candy i bought yesterday there are only four gummy bears per packet from Haribo

the west has fallen

Billions must love it so.

 

[Betonhaus]

in the halloween candy i bought yesterday there are only four gummy bears per packet from Haribo

the west has fallen

Oh yeah ticktock was going on about how the m&m packets only have one or two m&ms in it.
We need to bring back egging and TPing houses that give out shitty candy.

 

[Fuck Bankers]

The only way to fix the American economy is to make debt slavery illegal. To do like China and Russia does, and Nazi Germany did, and have an independent federal reserve. This ideology is described here.

 

[Roland TB-303]

The only way to fix the American economy is to make debt slavery illegal. To do like China and Russia does, and Nazi Germany did, and have an independent federal reserve. This ideology is described here.

Joined today, hmmm. This is either some explosive shit I’m not going to read or a glowie gay op that I’m not going to read.

 

[Fuck Bankers]

Joined today, hmmm. This is either some explosive shit I’m not going to read or a glowie gay op that I’m not going to read.

It's from the go to archiving site. It's just ideas.
Just spent last night on /pol/'s Trump thread. No matter who I talked to no one would talk about these ideas. I just kept asking why won't you talk about it? I think everyone in that thread or 99% are bots. I think they post there so no one can get good ideas to Trump. Attachment is some evidence that Trump visitsed /pol/ recently.

 

[Fuck Bankers]

It's from the go to archiving site. It's just ideas.
Just spent last night on /pol/'s Trump thread. No matter who I talked to no one would talk about these ideas. I just kept asking why won't you talk about it? I think everyone in that thread or 99% are bots. I think they post there so no one can get good ideas to Trump. Attachment is some evidence that Trump visitsed /pol/ recently.

Some clarity on what the posts were like. I would ask "Why can't we have a banking system like Russia or China? They have growing economies, we do not. read this. https://archive.org/details/manifes...terest-on-money-1919-gottfried-feder/mode/1up" No matter who I talked to no one would talk about this idea. Some of them would want to change the discussion to killing Jews. Some of them would want to change the discussion to how trump is a "zio-cuck". Some of them would change the subject to how Feder is a Nazi. Despite this book dating from 1919, and Russia and China also have this kind of banking system. No matter what, I can't tell Donald Trump's supporters to change the banking system to be like Russia or China. It is also my belief that Trump is a massive egomaniac that wants to be the greatest president ever. I also think at this point he's willing to do anything, at least for the safety of his children.

These are the links. Don't know how to archive 4chan posts

https://boards.4chan.org/pol/thread/488301059#p488302406

https://boards.4chan.org/pol/thread/488271115#p488284203

 

[Frank_Jaeger]

Hope you all have a good final christmas shopping season before Trump destroy's the economy wiht 60% tariffs!
Make sure to get all your relatives who voted for Trump stockings full of coal! With the tariffs coming, you had to save money!

 

[Betonhaus]

The only way to fix the American economy is to make debt slavery illegal. To do like China and Russia does, and Nazi Germany did, and have an independent federal reserve. This ideology is described here.

Is it possible to move the functions of the Federal Reserve to the state level? Like each state manages the funds for it's departments or agrees to pay into government departments. If the government wants to print more money it will need to find states willing to shoulder the responsibility or something.

 

[Fuck Bankers]

Is it possible to move the functions of the Federal Reserve to the state level? Like each state manages the funds for it's departments or agrees to pay into government departments. If the government wants to print more money it will need to find states willing to shoulder the responsibility or something.

That would make trade between states more difficult. Also you should address the Short work about Gottfried Feder I posted above.