I think they'll prolong it as long as possible for maximum effect.
I think they'll prolong it as long as possible for maximum effect.
Might be? The deliberate destruction of Capitalism by this liberal/communist COUP, can only have one outcome.
Might be? The deliberate destruction of Capitalism by this liberal/communist COUP, can only have one outcome.
so what's the long-term wealth preservation strategy?
so what's the long-term wealth preservation strategy?
alcohol, canned foods, stuff like that.
alcohol, canned foods, stuff like that.
good tools also I suppose. damn, shit's really gonna hit the fan in our lifetimes! we are blessed
good tools also I suppose. damn, shit's really gonna hit the fan in our lifetimes! we are blessed
Equities, crypto, ammo.
Barring complete collapse of multiple nations, equities will hold enough value as they continue to make widgets.
If multiple nations collapse, crypto goes to the moon.
If everything collapses Mad Max style...real nice food you have there. My share is...half.
Equities, crypto, ammo.
Barring complete collapse of multiple nations, equities will hold enough value as they continue to make widgets.
If multiple nations collapse, crypto goes to the moon.
If everything collapses Mad Max style...real nice food you have there. My share is...half.
equities will hold enough value as they continue to make widgets.
so stay away from services? yeah I already hate the services sector... total inflated value
>equities will hold enough value as they continue to make widgets.
so stay away from services? yeah I already hate the services sector... total inflated value
Equities are stocks in general. Though when it comes to specific industries, I'm partial to companies that make something over the service sector. In a recession, we still need tires, dishwashers, and gasoline. Doordash? Not so much.
Equities are stocks in general. Though when it comes to specific industries, I'm partial to companies that make something over the service sector. In a recession, we still need tires, dishwashers, and gasoline. Doordash? Not so much.
Crypto, and physical money. When the bankers start cutting off access to your funds, because they are fucked.
Crypto, and physical money. When the bankers start cutting off access to your funds, because they are fucked.
Physical money will lose value fast. Crypto is their goal. Controlled digital money.
Invest in BTC for now for easy money, but don't expect it to be your Savior. Use the gains to buy other real assets.
Physical money will lose value fast. Crypto is their goal. Controlled digital money.
Invest in BTC for now for easy money, but don't expect it to be your Savior. Use the gains to buy other real assets.
Various large debt bubbles like in 2008 credit card, mortgages are inflated, auto loans can get absurdly long now like 15-25 years if you are dumb enough, student loans. Rate of business failure has spiked but I doubt those loans defaulting are big deals in the scheme of a whole economy, the loss of the business produces radiative income deficits in a locality though which depresses economic activity, business parks are a big debt based operation that are now deeply underwater and looking to convert to housing in many cases but could pop the housing buble or some other complication could pop the housing bubble leaving them up shit creek without a paddle.
There is also a giant fucking fraud basket and a quickly waning value proposition in one major multimillion dollar entertainment industry. Downloads are being counted as digital game sales even when no money has changed from the consumers hands to the developer or publisher which is over inflating the stock price of almost every games company dramatically at the same time prices are about 15% up in gaming and quality on the whole has decline about 30% since the pandemic, some undervalued players are making bold steps up in quality but all the large stocks are failing to secure good employees because of woke ESG. Industry is being oversaturated by mediocrity and nobody can get honest reviews to the public.
Other major industries are being destabilized intentionally from ESG, climate delusions, hostile foreign powers, incompetence from all directions many such problems.
It makes the great recession's economy seem like a stable ship patching a couple of holes on deck, where as the modern economy is a worm eaten, rotting mess being taken out to sea after 2.5 years beached on a suspicious atoll at the far end of the harbour.
Various large debt bubbles like in 2008 credit card, mortgages are inflated, auto loans can get absurdly long now like 15-25 years if you are dumb enough, student loans. Rate of business failure has spiked but I doubt those loans defaulting are big deals in the scheme of a whole economy, the loss of the business produces radiative income deficits in a locality though which depresses economic activity, business parks are a big debt based operation that are now deeply underwater and looking to convert to housing in many cases but could pop the housing buble or some other complication could pop the housing bubble leaving them up shit creek without a paddle.
There is also a giant fucking fraud basket and a quickly waning value proposition in one major multimillion dollar entertainment industry. Downloads are being counted as digital game sales even when no money has changed from the consumers hands to the developer or publisher which is over inflating the stock price of almost every games company dramatically at the same time prices are about 15% up in gaming and quality on the whole has decline about 30% since the pandemic, some undervalued players are making bold steps up in quality but all the large stocks are failing to secure good employees because of woke ESG. Industry is being oversaturated by mediocrity and nobody can get honest reviews to the public.
Other major industries are being destabilized intentionally from ESG, climate delusions, hostile foreign powers, incompetence from all directions many such problems.
It makes the great recession's economy seem like a stable ship patching a couple of holes on deck, where as the modern economy is a worm eaten, rotting mess being taken out to sea after 2.5 years beached on a suspicious atoll at the far end of the harbour.
Downloads are being counted as digital game sales even when no money has changed from the consumers hands to the developer or publisher which is over inflating the stock price
One of the contributing factors of the telco/dot-bomb crash was Lucent Technologies giving loans to companies to buy equipment, and having those companies go out of business owing both the loan and the equipment. No money ever came back to Lucent.
Sounds like we're in for another crash, except it's going to be death by a thousand cuts this time.
> Downloads are being counted as digital game sales even when no money has changed from the consumers hands to the developer or publisher which is over inflating the stock price
One of the contributing factors of the telco/dot-bomb crash was Lucent Technologies giving loans to companies to buy equipment, and having those companies go out of business owing both the loan and the equipment. No money ever came back to Lucent.
Sounds like we're in for another crash, except it's going to be death by a thousand cuts this time.
You're talking about video games, but that's literal child's play compared to the crisis of unfunded liabilities.https://www.realclearpolicy.com/articles/2022/11/17/federal_unfunded_liabilities_are_growing_more_rapidly_than_public_debt_865384.html#!
You're talking about video games, but that's literal child's play compared to the crisis of unfunded liabilities.https://www.realclearpolicy.com/articles/2022/11/17/federal_unfunded_liabilities_are_growing_more_rapidly_than_public_debt_865384.html#!
Let it burn
Let it burn
Time to go long.
Time to go long.
(post is archived)