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lezinterracial

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#1

thoughts on the world economy?

09-18-2022, 09:28 AM

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.

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#2

09-18-2022, 11:40 AM

What is cheap and useful?
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#3

09-18-2022, 12:28 PM

Prepare for major crash. Everyone is pulling out money like crazy. Dollar index all time high.

BTC going down to 7-10k. Then i would consider investing long term.

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#4

09-18-2022, 01:45 PM

Great Reset is Happening.

everything is fake
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#5

09-18-2022, 09:30 PM

The common working man is fucked as usual.

In history the rich have gotten richer off the backs of the poor and uneducated. That will never change.

History has taught us that only < 1% are in a position to amass massive wealth in good and bad economies.

It's sad to see all these people in crypto thinking that they are holding onto anything of actual future value. There are possibly hundreds of thousands of people holding crypto right now in hopes of becoming millionaires in the future.

Name just one time in the history of the world where hundreds of thousands of people came into instant wealth from any single investment. It will never happen. It's easier to name multiple times in history where hundreds of thousands of suckers got swindled and a hand full of winners walked away with the actual gains.
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#6

09-19-2022, 04:28 AM

I think US economy will go up soon, in 2022 or 2023, but if not - all other ecomomics will go to hell much more faster

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#7

09-19-2022, 12:01 PM

Now is a good time to buy in the stock market. Plenty of things that are much lower than before and that you can make a nice profit from in the next year or 2.

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#8

09-19-2022, 09:47 PM

Originally posted by Rochard

What did The Donald do in office?

The economy added nearly 9 million jobs

Unemployment fell to 3.6%; unfilled job openings surged, with 1.9 slots for every person seeking work.

Wages rose briskly, by 7.7%.

The economy rose 5.7% in 2021.

Corporate profits reached another record high of $2.62 trillion last year, and they’re running a bit higher in 2022.

Apprehensions of those trying to enter the country illegally through the southwest border are up 336% for the past 12 months, compared with President Donald Trump’s last year in office.

Crude oil production and imports have increased — up 1.1% and 6.8%, respectively.

The number of people receiving food benefits through the Supplemental Nutrition Assistance Program is down 2.2%.

This guy thinks the economy is in tip top shape!

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#9

09-19-2022, 11:13 PM

Interesting to hear, baby boomers bursting, millenials,..

everything is fake
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#10

09-21-2022, 01:31 AM

Originally posted by Tasty1

Great Reset is Happening.

Great reseat. But there's not that many chairs.

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#11

09-22-2022, 01:18 AM

Very interesting, listen till the end.

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#12

09-23-2022, 06:11 AM

Not looking too good so far.

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#13

09-23-2022, 06:34 AM

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
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#14

09-23-2022, 12:41 PM

Originally posted by jscott

This guy thinks the economy is in tip top shape!

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.

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#15

09-23-2022, 01:02 PM

Originally posted by INever

Great reseat. But there's not that many chairs.

Reset is not reseat.
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#16

09-23-2022, 01:03 PM

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.
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#17

09-23-2022, 01:29 PM

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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#18

09-23-2022, 01:29 PM

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
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#19

09-23-2022, 02:43 PM

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?
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#20

09-24-2022, 02:56 AM

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.

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#21

09-25-2022, 09:26 AM

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.

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#22

09-25-2022, 09:36 AM

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?
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#23

09-25-2022, 06:09 PM

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.

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#24

09-26-2022, 02:48 AM

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.
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#25

09-26-2022, 02:52 AM

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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#26

09-26-2022, 01:19 PM

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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#27

09-26-2022, 07:27 PM

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.

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#28

09-27-2022, 04:37 AM

I joined the crypto bandwagon at the absolute worst possible time

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#29

09-27-2022, 07:16 AM

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.

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#30

09-27-2022, 12:41 PM

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.
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#31

09-27-2022, 01:07 PM

Originally posted by jscott

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.

The USD has only been a fiat currency for 40 years.

Like Konrad said, the whole fiat idea is relatively new. Ya'll love being outraged over made up shit.

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#32

09-27-2022, 02:30 PM

Originally posted by trevesty

The USD has only been a fiat currency for 40 years.

Like Konrad said, the whole fiat idea is relatively new. Ya'll love being outraged over made up shit.

I guess you don't understand what I said, makes sense tho, you lack education on this topic. Instead of acting like a smug jackass you should be reading, educating yourself, and asking questions is ok, it's not a sign of weakness.
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