Global Financial Crisis (7 Viewers)

[swag]

Weird times, yo. I still can't take gold diggers seriously though. Still feels like investing in tulips.

 

Buy on AliExpress.com

[lgorTudor]

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
https://www.forbes.com/sites/dimawi...is-the-housing-market-weakening/#4974c4884c4c

 

[AFL_ITALIA]

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
https://www.forbes.com/sites/dimawi...is-the-housing-market-weakening/#4974c4884c4c

Is it finally happening?

No, it has to be a trick. When do they swoop in, along with the Chinese and the hedge funds?

 

[lgorTudor]

Is it finally happening?

No, it has to be a trick. When do they swoop in, along with the Chinese and the hedge funds?

yea no way they let young people afford a home

if the crash even happens chinese corps will buy everything up on the cheap

 

[AFL_ITALIA]

yea no way they let young people afford a home

if the crash even happens chinese corps will buy everything up on the cheap

This could be outlawed but.....nah TikTok.

 

[Bjerknes]

Is it finally happening?

No, it has to be a trick. When do they swoop in, along with the Chinese and the hedge funds?

Housing market still seems relatively strong with respect to market supply and demand in much of the country. Not many selling while rates are low. Limited supply of houses plus low rates means prices are propped up for now, and with nobody moving because of Covid it could be ongoing. The Fed also pledged to continue buying MBS. I wouldn't expect another housing collapse unless there is another massive deflationary bust in spite of all the stimulus.

Silver, gold, and DXY are scary enough charts as it is, portraying where deflationary forces reside in current times.

 

[AFL_ITALIA]

Housing market still seems relatively strong with respect to market supply and demand in much of the country. Not many selling while rates are low. Limited supply of houses plus low rates means prices are propped up for now, and with nobody moving because of Covid it could be ongoing. The Fed also pledged to continue buying MBS. I wouldn't expect another housing collapse unless there is another massive deflationary bust in spite of all the stimulus.

Silver, gold, and DXY are scary enough charts as it is, portraying where deflationary forces reside in current times.

I would assume prices will climb immediately after the pandemic ends too as people rush to finally buy, but who knows after that.

 

[Bjerknes]

This was today.

https://tenor.com/view/stock-crisis-buying-stocks-going-down-stock-market-gif-16565397

 

[AFL_ITALIA]

RIP markets, especially tech.

Is Tesla finally kill? @lgorTudor

 

[lgorTudor]

RIP markets, especially tech.

Is Tesla finally kill? @lgorTudor

Tesla stock P/E ratio was absolute mental illness. Barely even sold 0.01% of the cars Toyota are selling but x times the mcap.

Markets will recover though because munny printer BRRRRRRR.

 

[swag]

Hogs get slaughtered

 

[Bjerknes]

RIP markets, especially tech.

Is Tesla finally kill? @lgorTudor

Bought some TSLA calls yesterday, hoping for a move to 400 next couple weeks.

But yeah that was a nasty selloff.

 

[AFL_ITALIA]

Bought some TSLA calls yesterday, hoping for a move to 400 next couple weeks.

But yeah that was a nasty selloff.

Already $374 in after hours so I think you'll hit it.

Also, anyone think there should be a separate thread for the stock market in general? In many cases it's completely separate from overall economic health anyway, and it feels weird to be discussing stock gains in a thread dedicated to the current recession.

 

[Enron]

Already $374 in after hours so I think you'll hit it.

Also, anyone think there should be a separate thread for the stock market in general? In many cases it's completely separate from overall economic health anyway, and it feels weird to be discussing stock gains in a thread dedicated to the current recession.

yeah, that’s a good call

set it up if you like

 

[Dostoevsky]

Another huge wave coming?

The inflation over here is absolutely insane and totally out of control. The price of gas and electricity will just push this to whole another level next year.

Corona measures also didn't help one bit, many companies are closing their business due to big losses.

 

[AFL_ITALIA]

I think inflation will make it uncomfortable for most for the time being, but many companies are smashing earnings and can't seem to hire enough people.

 

[lgorTudor]

I think inflation will make it uncomfortable for most for the time being, but many companies are smashing earnings and can't seem to hire enough people.

Jobs will be there but you won't be able to live off them (as well es before)

 

[AFL_ITALIA]

Jobs will be there but you won't be able to live off them (as well es before)

Ah, so the usual then.

Though wages are rising too.

 

[Dostoevsky]

I think we're going to use this thread way more often.

Oh and gas price has reached $3000 per 1000 cubic meters Countries went full berserk when prices reached 1400 dollars, let alone this. This is nuts.

 

[Bjerknes]

14 years later. Same shit, different decade.


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I think we're going to use this thread way more often.

Oh and gas price has reached $3000 per 1000 cubic meters Countries went full berserk when prices reached 1400 dollars, let alone this. This is nuts.

Its only beginning.


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If we get a bad winter, folks are going to be freezing to death. No joke.