thoughts on the world economy?

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  • baddog
    So Fucking Banned
    • Apr 2001
    • 107089
    #16
    Originally posted by Rochard

    Our economy right now is doing fantastic.
    Please allow me to be brutally honest since that seems to be what you like. You're a fucking idiot.

      Comment

      • SBJ
        So Fucking Fabulous
        • Apr 2003
        • 11387
        #17
        Originally posted by Rochard
        You and I do not see eye to eye on a lot of things, but I am brutally honest.

        Our economy right now is doing fantastic. But I see issues on the horizon. There are world wide issues that are going to become a big issue. All countries are dealing with inflation. Russia has gone to war with Ukraine and this is causing energy issues in Europe.
        The only logical post in this thread. Does everyone here watch Fox News? The economy is so bad because of the effects of the world shut down and the whole world is dealing with inflation because of it but I see so many signs that things are getting better.

        My hometown 20 mins from where I live now is the home of Explorer Vans a company that started in 1980. (Hillary Clinton campaigned in one of their vans) Throughout the pandemic, the lot had 12-20 vans to be converted but in the last 2 weeks when I drive by the factory they have 40-70 vans in the parking lot waiting to be converted. The chip shortage is almost over and cars and other things are being delivered. Inflation was never about politics. Supply and demand were messed up by covid.. not politics.

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          • gtsix
            Confirmed User
            • Nov 2020
            • 270
            #18
            I don't give a shit either if it's all collapsing to zero, I know how to grow food in soil... back to the roots type of shit... yall can mass murder each other for the ruins of the artificial world, lol

              Comment

              • baddog
                So Fucking Banned
                • Apr 2001
                • 107089
                #19
                Originally posted by SBJ
                The only logical post in this thread. Does everyone here watch Fox News? The economy is so bad because of the effects of the world shut down and the whole world is dealing with inflation because of it but I see so many signs that things are getting better.

                My hometown 20 mins from where I live now is the home of Explorer Vans a company that started in 1980. (Hillary Clinton campaigned in one of their vans) Throughout the pandemic, the lot had 12-20 vans to be converted but in the last 2 weeks when I drive by the factory they have 40-70 vans in the parking lot waiting to be converted. The chip shortage is almost over and cars and other things are being delivered. Inflation was never about politics. Supply and demand were messed up by covid.. not politics.
                So do you agree that our economy is doing fantastic?

                  Comment

                  • SBJ
                    So Fucking Fabulous
                    • Apr 2003
                    • 11387
                    #20
                    Originally posted by baddog
                    So do you agree that our economy is doing fantastic?
                    I wouldn't call it fantastic by no means but we are not heading into a great depression either. I think in the next year a lot of things will improve and others might take a little longer to come back to normal where they were pre-pandemic.

                      Comment

                      • CAHEK
                        C.C.C.P.
                        • Aug 2003
                        • 7413
                        #21
                        Originally posted by jamezon
                        maybe tell ur mr president to cool things down a bit in ukraine and care about problems in his own country , actually its not good for economy if world leaders are threatening each other with nuclear bombs
                        Totally agree 👍

                        USA and Russia should work towards a negotiated peace, rather than escalate matters towards a bitter end that could be nuclear war and the end of all life on this planet. USA still sending unlimited amounts of weapons to Ukraine,putting more gasoline into fire.
                        Pharma from True-Meds. High converting shop in Europe and USA, fast payouts via BTC !!!

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                          Comment

                          • baddog
                            So Fucking Banned
                            • Apr 2001
                            • 107089
                            #22
                            Originally posted by SBJ
                            I wouldn't call it fantastic by no means but we are not heading into a great depression either.
                            What about recession?

                              Comment

                              • AMDWarrior
                                Confirmed User
                                • Nov 2006
                                • 1488
                                #23
                                Originally posted by lezinterracial
                                thoughts on the world economy?

                                Interesting seeing all assets losing value. Crypto, stocks, and bonds.

                                Where is the money going? Living expenses, increasing taxes?

                                Are you gonna buy anything if prices drop further?

                                I may bus some Ethereum, a bond fund (7 to 10 year treasuries) and Unilever. If I still have a job.



                                Everything Biden sucks.

                                  Comment

                                  • Tubevideditor
                                    Confirmed User
                                    • Sep 2013
                                    • 352
                                    #24
                                    Call it a conspiracy if you like but many have said Covid was the start of the real currency collapse to bring in a central bank digital currency so we'll see how it plays out.
                                    Also remember that every currency in history has gone to zero.

                                      Comment

                                      • k0nr4d
                                        Confirmed User
                                        • Aug 2006
                                        • 9231
                                        #25
                                        Originally posted by Tubevideditor
                                        Also remember that every currency in history has gone to zero.
                                        What? Up until relatively recently every currency was based on precious metals. There's only been a handful of fiat currencies that collapsed.
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                                          • AmeliaG
                                            Too lazy to set a custom title
                                            • Jan 2003
                                            • 10662
                                            #26
                                            A couple years back, I was feeling very optimistic on a lot of asset classes -- real estate, stocks, crypto. Now, it is such a troubling and unclear economic environment that it is a challenge to know where to invest. A lot of folks who would normally never hold substantial cash are doing so now.

                                            For those in adult, the coming of CBDC in July could mean just another payment method or it could mean nobody wanting their fap material on their permanent record.

                                            I'm surprised more folks in adult are not discussing these issues.

                                            Also, OP asked about economic investment, not whose fault it is that the economy is a bit of a puzzle now. Your wallet doesn't care who or what to blame. Do you want to invest wisely or just whine/mock others?
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                                              • jscott
                                                jscizzle
                                                • Feb 2001
                                                • 25411
                                                #27
                                                Originally posted by k0nr4d
                                                What? Up until relatively recently every currency was based on precious metals. There's only been a handful of fiat currencies that collapsed.
                                                The average shelf life of fiat currencies is apprx 25-30yrs, just because some have not collapsed doesn't mean they won't in the future, they all will.


                                                Originally posted by AmeliaG
                                                A couple years back, I was feeling very optimistic on a lot of asset classes -- real estate, stocks, crypto. Now, it is such a troubling and unclear economic environment that it is a challenge to know where to invest. A lot of folks who would normally never hold substantial cash are doing so now.
                                                For those in adult, the coming of CBDC in July could mean just another payment method or it could mean nobody wanting their fap material on their permanent record.
                                                I'm surprised more folks in adult are not discussing these issues.
                                                Originally posted by Tubevideditor
                                                Call it a conspiracy if you like but many have said Covid was the start of the real currency collapse to bring in a central bank digital currency so we'll see how it plays out.
                                                Also remember that every currency in history has gone to zero.
                                                Yup, CBDC's are coming and they are going to (eventually/possibly - most likely) take away some very important freedoms. Seems like nobody really cares about this issue right now, I'm pretty sure ppl of the world are going to let gov/central banks steam roll this onto us, without much of a fight, so I believe it's inevitable, they're coming, and we're going to get fcked bigtime.
                                                “If you think tough men are dangerous, wait until you see what weak men are capable of.”
                                                —Jordan B. Peterson

                                                Listen to Pomp tell why is Bitcoin important

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                                                  • Scott McD
                                                    Too lazy to set a custom title
                                                    • Nov 2002
                                                    • 67798
                                                    #28
                                                    I joined the crypto bandwagon at the absolute worst possible time


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                                                      • jscott
                                                        jscizzle
                                                        • Feb 2001
                                                        • 25411
                                                        #29
                                                        Originally posted by Scott McD
                                                        I joined the crypto bandwagon at the absolute worst possible time
                                                        That sucks man, will you hold your BTC until its in profit, or will you dump at loss? Patience pays, but not everyone has the strength for it.
                                                        “If you think tough men are dangerous, wait until you see what weak men are capable of.”
                                                        —Jordan B. Peterson

                                                        Listen to Pomp tell why is Bitcoin important

                                                          Comment

                                                          • tfto
                                                            GFY and your feelings.
                                                            • Sep 2001
                                                            • 2121
                                                            #30
                                                            Originally posted by Rochard
                                                            You and I do not see eye to eye on a lot of things, but I am brutally honest.
                                                            Let me also be brutally honest.
                                                            You are an idiot who lives in a glass bubble. The economy is shit right now. Has been for the last 18 months. And don't try and blame it on COVID or Trump. Those two are your go-to responses to everything.

                                                              Comment

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