i was right about the economy !

[spy100]

i was right about the economy !

https://www.dw.com/en/eurozone-gdp-drops-121-in-record-pandemic-plunge/a-54389876
https://www.theguardian.com/business/live/2020/jul/30/lloyds-shell-report-big-losses-covid-19-as-markets-await-german-and-us-gdp-business-live
https://www.cnbc.com/2020/07/31/asia-markets-us-gdp-china-manufacturing-activity-currencies-in-focus.html

Now wait till people start dumping cryptos and stocks ...then the blood bath starts ...


I think i am going to start a cheap booze/liquor biz   as 1929 is back ...

[jackg]

Well all the money has to go somewhere and people should've been treating crypto as speculative.

I think I got a notification of a 38% gdp drop for the US which is really huge - I think their economy relies a lot on the people spending a lot more than they do in other countries (such as places in Europe) - because they have to work more.

[Lucius]

i was right about the economy !
Now wait till people start dumping cryptos and stocks ...then the blood bath starts ...
I think i am going to start a cheap booze/liquor biz   as 1929 is back ...

Instead of opening a new thread, you could write your statement where you started your apocalyptic thinking -> Brace yourselfs , the economic earthquake is coming .... Your obsession with 1929 and alcohol will not help anyone - after all, why worry about the economy if World War III is about to begin?

[spy100]

i was right about the economy !
Now wait till people start dumping cryptos and stocks ...then the blood bath starts ...
I think i am going to start a cheap booze/liquor biz   as 1929 is back ...

Instead of opening a new thread, you could write your statement where you started your apocalyptic thinking -> Brace yourselfs , the economic earthquake is coming .... Your obsession with 1929 and alcohol will not help anyone - after all, why worry about the economy if World War III is about to begin?

The mad man was right !  

https://www.youtube.com/watch?v=DmeUuoxyt_E

"Cause we all just wanna be big rockstars
And live in hilltop houses driving fifteen cars
The girls come easy and the drugs come cheap
We’ll all stay skinny 'cause we just won’t eat
And we’ll hang out in the coolest bars
In the VIP with the movie stars
Every good gold digger’s gonna wind up there
Every Playboy bunny with her bleach blond hair, and we'll
Hey, hey, I wanna be a rockstar, oh
Hey, hey, I wanna be a rockstar"


I pray / hope the rich f...ks that made dirty money out of peoples dreams and hopes will lose everything ...

[audaciousbeing]

Since the beginning of this decade, the economy from every point to look at it has always been on a thin thread and every year after that, it has been surviving because it cannot afford to collapse as so many lives depend on it. 1929 cannot repeat itself for one reason that if there is anything the world learns, is that we are always evolving.

With the advent of COVID seems everything will come crashing but it won't because we will always find a way to survive.

[Ziskinberg]

Now wait till people start dumping cryptos and stocks ...then the blood bath starts ...

I'm waiting, not because I will tell myself that the crypto market will collapse but because I'll be looking for an opportunity to accumulate more.
But seriously, with the way bitcoin is moving, I think it will not collapse although in general, global economy is currently struggling now.

In fact, I believe bitcoin will not anymore dump below $10K an could possibly surprise us with a new ATH.
My bullish sentiment in a bullish situation now.

[spy100]

Now wait till people start dumping cryptos and stocks ...then the blood bath starts ...

I'm waiting, not because I will tell myself that the crypto market will collapse but because I'll be looking for an opportunity to accumulate more.
But seriously, with the way bitcoin is moving, I think it will not collapse although in general, global economy is currently struggling now.

In fact, I believe bitcoin will not anymore dump below $10K an could possibly surprise us with a new ATH.
My bullish sentiment in a bullish situation now.

I don't got the money ,but if  i did, i would short the hell out of you guys now   All i can hear is: short short short and f..king short

[Yamifoud]

Indeed, the stock market is dumping now but people are not buying it instead, they keep selling their shares at low. Maybe you are right that a blood bath will come sooner in crypto as per you see, then let it happens because investors will take that shares.

It is to understand the hard situation causes for the stock market to dump but not in crypto. And I don't see that COVID-19 will have a huge declining impact on the market price instead of seeing it having an uptrend motion which we never think at first ( that is what we have now). The crisis will over soon and the economic growth will recover then, if we are impatient enough to wait for it, that is a big regret on our ends.

[Xxmodded]

i was right about the economy !

https://www.dw.com/en/eurozone-gdp-drops-121-in-record-pandemic-plunge/a-54389876
https://www.theguardian.com/business/live/2020/jul/30/lloyds-shell-report-big-losses-covid-19-as-markets-await-german-and-us-gdp-business-live
https://www.cnbc.com/2020/07/31/asia-markets-us-gdp-china-manufacturing-activity-currencies-in-focus.html

Now wait till people start dumping cryptos and stocks ...then the blood bath starts ...


I think i am going to start a cheap booze/liquor biz   as 1929 is back ...

Are you sure with dumping cryptocurrency? check right now almost many coins have on higher price after get effect with bitcoin reach 20% last two days, I think will give many expectation for the future until at the end of this years with bitcoin reach to higher price, I will enjoy the moment with bitcoin and altcoin on the top price.

[spy100]

i was right about the economy !

https://www.dw.com/en/eurozone-gdp-drops-121-in-record-pandemic-plunge/a-54389876
https://www.theguardian.com/business/live/2020/jul/30/lloyds-shell-report-big-losses-covid-19-as-markets-await-german-and-us-gdp-business-live
https://www.cnbc.com/2020/07/31/asia-markets-us-gdp-china-manufacturing-activity-currencies-in-focus.html

Now wait till people start dumping cryptos and stocks ...then the blood bath starts ...


I think i am going to start a cheap booze/liquor biz   as 1929 is back ...

Are you sure with dumping cryptocurrency? check right now almost many coins have on higher price after get effect with bitcoin reach 20% last two days, I think will give many expectation for the future until at the end of this years with bitcoin reach to higher price, I will enjoy the moment with bitcoin and altcoin on the top price.

I built a php/mysql btc trading platform based on block.io and a eth trading and loans platform based on smart contracts/node.js/mysql and react...react native side was done by front end team...check my signature ... i know how the game works ...

[ChiBitCTy]

I agree I think shit is going to hit the fan here in the next few months but I am surprised so far by the Q2 earnings that we've seen so far from big business.  Seemingly doing much better than most thought.  However unemployment continues to rise and I know myself I'm very worried about my job and I work for a Fortune 100 company. 

[jackg]

I pray / hope the rich f...ks that made dirty money out of peoples dreams and hopes will lose everything ...

I thought the tradeoff with capitalism is that they never do...? Depending in who you're referring to that is.

[spy100]

I agree I think shit is going to hit the fan here in the next few months but I am surprised so far by the Q2 earnings that we've seen so far from big business.  Seemingly doing much better than most thought.  However unemployment continues to rise and I know myself I'm very worried about my job and I work for a Fortune 100 company.  

All i want to say is this to people that lost their job or have financial problems now :

DO NOT ! I REPEAT DO NOT PUT YOUR MONEY IN THE STOCK MARKET OR CRYPTO CURRENCIES ....

Buy land or start a small business or do something else with your money ,invest in your education,kids etc ... stay away from stock market and crypto currencies ... the rich f...kers and govs are playing a game called "Pump and Dump"

In the crypto currencies market they are using trading bots to manipulate the markets to make it look like the markets are healthy ... when the price of a crypto reaches a point were they can make profit they start dumping and after they buy back again cheap ... and they repeat the same thing over and over ...same thing kind happens on the stock market.

So be careful ...

[Twentyonepaylots]

i was right about the economy !
Now wait till people start dumping cryptos and stocks ...then the blood bath starts ...
I think i am going to start a cheap booze/liquor biz   as 1929 is back ...

Instead of opening a new thread, you could write your statement where you started your apocalyptic thinking -> Brace yourselfs , the economic earthquake is coming .... Your obsession with 1929 and alcohol will not help anyone - after all, why worry about the economy if World War III is about to begin?

Noticed it too, he got a lot of new thread in the economy section, he could have just summed those up before opening, it's quite less interesting when a single person opens that many thread in just a matter of day. and he's not really into cryptocurrencies I think or is he but is spreading FUD for his own good. And OP you should be focusing on your health these days than wondering what will happen tomorrow with your money 

[spy100]

i was right about the economy !
Now wait till people start dumping cryptos and stocks ...then the blood bath starts ...
I think i am going to start a cheap booze/liquor biz   as 1929 is back ...

Instead of opening a new thread, you could write your statement where you started your apocalyptic thinking -> Brace yourselfs , the economic earthquake is coming .... Your obsession with 1929 and alcohol will not help anyone - after all, why worry about the economy if World War III is about to begin?

Noticed it too, he got a lot of new thread in the economy section, he could have just summed those up before opening, it's quite less interesting when a single person opens that many thread in just a matter of day. and he's not really into cryptocurrencies I think or is he but is spreading FUD for his own good. And OP you should be focusing on your health these days than wondering what will happen tomorrow with your money 

Well the problem is i can't go to the capital in my country to interviews for a jobs do to restriction in my country ...reason some Chinese little d.ck decided to eat bats in Wuhan now i am sitting in front of my pc and talking to you guys as there is nothing else to do ... economy is dead and i mean global economy not just national ,unemployment is rising ,gdp is dropping to record lows ...the only thing stopping me from beating any Chinese i see in my town is releasing my frustration here,what's next WW3 ?

https://www.youtube.com/watch?v=Ylp5iKDFe10

[Kakmakr]

One thing I have learnt in my time in the markets is this... "When mainstream markets hype the shit out of something, go in the opposite direction."

The manipulators have a finger in the pie of most of these mainstream media outlets, so if they are reporting on something.. you bet your bottom Dollar that the opposite is going to happen.

People are making wild predictions on the Internet and we can ignore most of that, but when mainstream media are reporting ...you know there are some kind of agenda... you just need to figure out what their angle is. 

Jokers like McAfee and Roger Ver have been trying this for years and a lot of dumb people have fallen for their antics... but reputable media outlets are a whole different ball game. 

[figmentofmyass]

i was right about the economy !

https://www.dw.com/en/eurozone-gdp-drops-121-in-record-pandemic-plunge/a-54389876
https://www.theguardian.com/business/live/2020/jul/30/lloyds-shell-report-big-losses-covid-19-as-markets-await-german-and-us-gdp-business-live
https://www.cnbc.com/2020/07/31/asia-markets-us-gdp-china-manufacturing-activity-currencies-in-focus.html

Now wait till people start dumping cryptos and stocks ...then the blood bath starts ...

this is something i have learned the hard way: looking far into the future and trading based on logical assumptions about the world---eg "the second wave of coronavirus will destroy the stock market"---rarely works. people shorting or buying puts with that mindset have been getting punished for months, and tbh i expect that to continue.

the old keynes quote “markets can stay irrational longer than you can stay solvent” applies here.

[shoreno]

your right about what ? the fall of economy or the business ? but who wouldnt be . thats what everyone prediction right after the start of the covid .its expected that almost everything will drop except on the medical industry because this is what people need now on the pandemic times .

recently there was a post of screenshot which shows that stocks 99 percent of stocks are in bloodbath but cryptos didnt dump  . goodluck with your biz

[Lorence.xD]

If you are worried about the economy and that it might collapse then you might as well buy some gold or silver because they will help you if the time comes that you need to barter for something, you can also spare some cash so you can get by when the paper currency is still useful. Invest in something tangible like real estate or if possible cryptocurrency. If shit hits the fan, you might as well store up some spices because bland food will be prevalent and having spices and seasoning is a must.

[eaLiTy]

Now wait till people start dumping cryptos and stocks ...then the blood bath starts ...
I think i am going to start a cheap booze/liquor biz   as 1929 is back ...

If the economy is going to doom as you think it will, then there is no point in starting a business as you will eventually fall into that cycle. There is a recession we will be facing in the near future but the extend of that is not yet known because i am really surprised when the stock market was held up when everything was shut down and in my experience anything of this sort would crash the market and we are still sustaining and whether these things will spiral out of hand in the coming years is to be seen and the recent rise in gold price is evidence that something bad is going to happen.