Macroeconomics PhD candidate here

Guys. You do realise that we are about to witness history in the making in about 5 hours, right?

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I hope so. Are you talking about wall street?

something happened over the weekend, fren?

What school of economics is correct?

Is this the unraveling of global economics?

buffet said he was scared

You do realize that if everyone thinks we're going to crash that means we won't?

he forgot to look under the bed before tucking in?

macro and micro fundamentals are must haves, BA is retarded

IMO, yes. Although staggered.

The sun is shining, I've got bread, it's a wonderful day. Don't let the magic numbers in the big wallstreet computers fool you into thinking otherwise brother.

Based and pre-industrial revolution pilled.

based bloomer

nothing will happen like every other monday
god, i hate my timezone...

>guys we're gonna be fine this is actually a really common logical fallacy!

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if you could predict prices by looking into historic data, everyone with a brain would be a millionaire by now.

I can't sleep bc I'm so excited!!!

Every indicator & fundamental aligned, its gonna be a bloodbath anons & you stupid fucks think it's because Warren Buffet made a statement.

Let there be blood & more blood

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WHAT THE FUCK WHY DO I NEED TO PAY FOR A PRESIDENTIAL CABINET SEAT TO HAVE SPECIAL INFORMATION ON THE ECONOMY

why? futures market is already open

/thread

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my shorts are so fucking ready you wont believe. shorted LINK with 5k$ at 3.70$ yesterday, then went to bed. of course I'm afraid to put in more right now, but at least I can double down in case market turns clown and pumps for some reason.

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Hey user, I know this isn't the right thread, but can you explain to me, like current events aside, how printing debt IOU's to ourselves via the FED was ever expected to be paid off? Far as I can tell, for the longest time we were just creating value out of nothing, and somehow it doesn't really result in currency devaluation, or a loss of living standards. I don't have anyone with a concrete econs background to ask IRL, and can't figure out how the current system was working for the life of me.

PhD candidate in ec*nomics, aka gender studies for men

the virgin economics phd vs the high school drop out chad trader

I woke up around 2:00 pm p.t. and won't get sleepy until 5 am. I am not sleeping today, I wanna see the bodies burn and I have longs in 3 companies so I am one of them

I haven't slept well for a while now. My senses are tingling. We are going to witness some shit going down my niggas. We will talk to our grandchildren about this.

WHAT?

what’s happening? I’ve seen so many people saying the same thing but the Buffet Boomer is the only mainstream news thing I can think of for anything happening with the markets.

Something with planes?
Checked btw

Oh and there’s the fact that ETH will get a reward reduction tomorrow.......but so what

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It's like what the billionaire Warren Buffet says
The more you learn, the more you burn
That's why I read 200 books an hour

Because the only reason you take a loan is if you will make more money from it than you'll pay back. So if the bank expects 10% of people to default, and has 100,000 in reserves, it's safe in the aggregate to make 10 loans at a pretty low interest rate and end up with more than 100,000 in reserves, even though it had to print 1,000,000 to do it.

The alternative is that the central government increases the money supply whenever they feel like it. That's what leads to epic fuckery like in S.A. Generally our system sees greater success by delegating the task of increasing money supply to the demand-side: people with specific entrepreneurial plans.

Does this clear anything up?

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why

Bro it’s just like a stock split but with cash and a little at a time.

Thursday Amazon and rest of the reptilians said their revenue was shit and is bound you be shit for only God's knows how long so on Friday every faggot fud, buffet brought out his analysis chart saying that even tho most companies got chopped in half they're still over valued as fuck so he sold everything and said y'all fuck niggas.
Tick tock to see what happens, there is a really good chance trading will be halted again everybody is desperate trying to dump everything they have at least on the surface

>people with specific entrepreneurial plans.
from a certain tribe

Which is why we love permissionless systems here.