>US Q2 GDP Crashes By A Record 32.9%. Worse Than Great Depression
>Meanwhile, the U.S. infection rate is sky-rocketing, companies are exhausting their government loans and the $600 additional payments to unemployed Americans are expiring in two days.
IT'S UNIRONICALLY OVER.
weird how this is WAY worse than 2008 and it isn’t getting any media coverage. do zoomers know how fucked they are?
The whole point of the COVID freak out has been elites diverting attention from this economic implosion while they print 10 trillion dollars to try and restart the whole thing....i think the plan is to try and inflate the debt away and blame it all on COVID and not decades of central banks pumping up a debt bubble...
USA BTFO
we are watching usa turn to venezuela
Priced in.
Good times are already rolling again.
Maybe the media (which owned by the rich) is giving the rich more time to reposition their assets for the crash
This, doomerfags are proved wrong time and time again
>tfw welder
>make 300k anywhere I go
I welcome this dip in civilization OP
I think the suicide rates will be a good indicator for how fucked they know they are. Drugs sales are hard to measure if it's illegal substances such as black market percs and xanax. I see fentanyl making a come back with deadly returns.
Ahead of schedule
>US Q2 GDP Crashes By A Record 32.9%.
That’s an actual crash of 9%. The 32.9% is “annualized” which is not accurate but makes for a more alarmist headline
yes but it doesn't matter companies are making more profit now than ever. For example the WWE projected 11 million in profit and made 42 million.
lol, didnt dickgel make a 2015 prediction that ended up being completely wrong
good, maybe it'll convince normies that everyone should return to their normal lives unless they are an at-risk group
Green
Line
Go
Up
Hi Ash.
Yeah, all of them.
Are you trying to get yourself black bagged or something?
Exactly this
It's not so bad. Good for the climate at least.
We will see negative interest rates and universal basic income.
The government can't lead the public to the slaughter in the name of the economy, this is almost entirely thanks to Bitcoin. Never has their ever been a monetary asset outside the reach of Government during a global economic catastrophe. I shit you not, this is the year the bankers get routed out.
This. Debt will be inflated away.
And it serves dual purposes - both wounding China, and moving the US on to a new central bank backed crypto stable coin which will be handed out as a UBI.
Like in 2008?
What should u do with 40k worth of cash that is devaluing by the day?
>Good for the climate at least.
Why? How can you say it's good for the climate. Why would it be good FOR the climate? Did you ask what the climate thinks?
The banks own Bitcoin. LN is just nu-banking and soon everyone will be priced out of even doing anything on L1. The defi cypherpunks are our only hope.
You just don’t understand economics if you think there’s any comeback from this situation
Crypto
Buy things that are weighted against the dollar e.g. stocks, precious metal ETFs, and bitcoin, and keep some cash on the side
>believing CO2 runs the climate. What a climatecuck. Worship greta too?
this. Actually, less CO2 would be worse for climate.
You know that CO2 is food for the plants right? If you really want a green planet, we should be putting out more CO2
Do you even realize how fucked it is that the rates are negative and have been extremely low since 2008 crash?
>Good for the climate at least.
Common misconception.
>universal basic income.
should have been universal minimum income but YangGang and the plebes said no to means testing so Jeff Bozos is making a billion dollars along with every member of Congress kek.
Just wait until Trump figures out he can use the bitcoin blockchain to make voting system ironclad, oh wait, here I am, dreaming again
>>believing CO2 runs the climate. What a climatecuck. Worship greta too?
>>Actually, less CO2 would be worse for climate. You know that CO2 is food for the plants right?
Shh...
Brainlet stfu
I have 80 worth of crypto (up from 25k initial) feels like too much.
Isn't the market going to crater again? That's why I was in cash but the dollar is bleeding now too. I might jump into PMs but they went up so much. Fuck I'm anxious.
Lmao, being this retarded. How do you even live?
Demonstrably false. Who controls the hashrate controls the chain (China). Bitcoin has failed in it's ambition to transfer value in an efficient way, however it has prevented another bank bailout. Just you wait and see.
this is what a controlled demolition of a country looks like. enjoy the ride
Buy silver and gold in that order
This is your stupid ass at the beach with your pet cat
Only if you're retarded enough to think Government backed currency has a value greater than zero.
>Isn't the market going to crater again? That's why I was in cash but the dollar is bleeding now too
Nah, the dollar inflation meme is oversold and the market can literally keep going for the next 10 years for all anyone knows.
Yes I agree China is a dragon of blockchain, we should be very scared and sell all our bitcoin