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I’ve learned over the past 20 years running money is that the best way to become a millionaire listening to the economists is to start out as a billionaire.
It didnt do fucking shit, what the fuck this is crazy
Brandon Myers
PERMANENT RECESSION GENERAL!
Andrew Rodriguez
I'm unironically going to kill myself if we fall into another great depression. I already have so many mental problems as it is, I just won't be able to take it.
Hudson Thomas
Greatest economist of the 21st century. He was right all along... but people couldn't see because they were blinded by greed. How many movies are going to be made about Peter Schiff in next 20 years?
All of europe is shut down, what the fuck will interest rates do at this point. Consumers are staying inside for possibly a month to 2 months!!!! THIS IS THE END.
BUY PRECIOUS METALS WHILE YOU CAN, VENDORS SOLD THE FUCK OUT ALL ACROSS THE BOARD
ITS HAPPENING!!!!!!!!!!!
Ryder Garcia
REMINDER: WUHAN IS STILL SHUT DOWN >REMINDER: WUHAN IS STILL SHUT DOWN REMINDER: WUHAN IS STILL SHUT DOWN >REMINDER: WUHAN IS STILL SHUT DOWN REMINDER: WUHAN IS STILL SHUT DOWN >REMINDER: WUHAN IS STILL SHUT DOWN REMINDER: WUHAN IS STILL SHUT DOWN >REMINDER: WUHAN IS STILL SHUT DOWN tomtom.com/en_gb/traffic-index/wuhan-traffic
So this is the fucking pump? lmao we're all fucked.
Alexander Nelson
>How many movies are going to be made about Peter Schiff My wall clock with a dead battery would be a great choice of actor to play Schiff in the inevitable blockbuster.
Parker Price
Well they cut rates to zero. So now what? We watch another drop. Oh well. DIS @ $50 is looking mighty appealing.
Carson Williams
Jerome's gonna need to crank that at warp speed or Donny's not gonna be happy!
Eli Ward
If this does nothing then economy is going straight to hell and EVERYONE knows it. Might as well just teleport 80% down and start rebuilding from there.
GEE IT TURNS OUT THAT PUTTING INTEREST RATES TO 0% AND PUMPING MONEY INTO THE ECONOMY IN THE MIDDLE OF ECONOMIC FORECASTS GETTING WORSE AND INTERNATIONAL SUPPLY LINES AND TRAVEL GETTING SHUT DOWN WHILE A GLOBAL PANDEMIC SHUTS OUT HUNDREDS OF MILLIONS OF PEOPLE FROM THE ECONOMY DUE TO QUARANTINE MEASURES
All they had to do was stop themselves from overreacting. All they had to do was sit back and let it fall. It would have naturally returned, but greedy little boomers just had go for the nuclear option. Now there is no option left. Fuck it all.
In a market that wasn't being manipulated it'd be a super safe bet to hold them for as long as possible, its only going to get worse over the next two months.
With all of the shady shit they're doing with these money injections and QE and all that bullshit who knows.
Dylan Brown
God damn I should have gone all in SQQQ I knew it!
Ryder Flores
Interest rate cut always result a temporary sell off people go to bonds. QE however will pump liquidity long run, a lot
This was too fast. These are their last cards in the deck. Wtf happens now
Jose Torres
I bet if the bullfags on here were around on 9/11 they would have bought the dip inbetween the first and second tower getting hit
Oliver Lewis
>RESERVE REQUIREMENTS DOWN TO ZERO WITHDRAW YOUR MONEY THEY ARE GOING TO STEAL ALL YOUR SAVINGS >RESERVE REQUIREMENTS DOWN TO ZERO WITHDRAW YOUR MONEY THEY ARE GOING TO STEAL ALL YOUR SAVINGS >RESERVE REQUIREMENTS DOWN TO ZERO WITHDRAW YOUR MONEY THEY ARE GOING TO STEAL ALL YOUR SAVINGS >RESERVE REQUIREMENTS DOWN TO ZERO WITHDRAW YOUR MONEY THEY ARE GOING TO STEAL ALL YOUR SAVINGS
>JARED JARED PLEASE PICK UP THE PHONE, MNUCHIN DO SOMETHING GOD DAMN IT WHERE THE FUCK IS POWELL PUMP IT YOU WORTHLESS FUCK AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
Truly shit like this is why the idea of "globalization" is very bad. When you can't even get TP or PT, you know basic shit, you know shit's fucked. I don't think they even make both in the U.S anymore. Like all other shit it's been outsourced.
Nathan Peterson
FUTURES HALTED LMAOOOOOOOOOOOOOOOOOOOOOOOOOOOO
Josiah Scott
Circuit breaker hits at -5% right?
Aaron Jackson
Nikkei and DAX also down
Elijah Watson
>WITHDRAW YOUR MONEY you still don't get it.
Owen Lee
FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY FUTURES LIMIT DOWN ALREADY >FUTURES LIMIT DOWN ALREADY
What the fuck did I miss? I'm buying FTSE in 10 hours.
Benjamin Howard
NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO DRUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUMPF!!!!!!!!! WHAT THE FUCK WE GOING FULL 2008
what the fuck were they thinking doing this now and not in 8 weeks when the shit really hits the fan who the fuck is running thing hahahahahahahhahahhahaha
Charles Carter
WHY DON'T THE JUST SHUT DOWN THE STOCK MARKET
Leo Lopez
enjoy the last few weeks of civilization
Dominic Watson
Sniffles.
Liam Roberts
then go a tarranting
Mason Smith
It's akin to trying to stop a train on a collision course with a wall the wall being a recession. The US gov deployed the brake on Thurs & Fri to no avail, them announcing dropping interest rates to 0 and futures still going down is like pulling the emergency brakes and having the train speed up.
Imagine owning equities or going long right now. Stocktraders are gonna start jumping from windows.
Brayden Edwards
It looks like it's all over. Feds don't have any tricks left under their sleeves. Dow 15k by the end of the month.
Michael Martinez
Good thing I'm used to live with the concept of stability long gone out of the window.
Nicholas Nguyen
I'm going to
Leo Morgan
that's their last and final option. market closed for 1 month for global pandemic... similar to what they did during 9/11 just much longer this time...
SPY puts are going to be even more stupidly expensive now, might as well just buy the inverse ETF. GOD DAMN I wish I hadn't sold my sqqq calls
Jose Miller
/nq is limit down, not trading
Connor Ross
THIS ISNT THE FED RATE THIS IS THE LAW THAT REQUIRES BANKS TO HOLD A CERTAIN AMOUNT OF CASH SO PEOPLE CAN WITHDRAW FROM THEIR ACCOUNT NOW THEY DONT HAVE TO KEEP ANY WE ARE UNBELIEVABLE FUCKED
Eli Green
The Fed's gotta save this between now and the open. Really nothing they can do now is going to provide a bounce, they've shot their load.
What's the status on the US response package between the executive and congress?
Joshua Carter
Now is not the time for that.
Michael Torres
>Jerome Powell sacrificing a Goldman VP to invoke the black magic of negative interest rates
Levi Thomas
Oh no you guys. I've never seen anything like this in my life!
>cryptocucks and stocksfags laughed at him for years >he was right all the time Based.
Blake Lewis
theres still trading volume you fucking M O N G S
Ethan Cook
Mitch gave congress a long weekend, so they aren’t back until Monday night. I wish I was kidding
Michael Brown
>Generate an additional source of income. Start a home business as a second source of income. If you lose your job because of an economic collapse, it might be difficult or even impossible to find another job. Having an alternative source of income can help you to keep your home and avoid poverty.[6] Choose your business idea based on skills that you have and things that you enjoy doing.
holy fuck why am i laughing so hard?
Gabriel Martinez
JEROME WE ARE ON THE BRINK IT'S TIME FOR THE FORBIDDEN TECHNIQUE
Trump just shot himself in the foot with a tactical nuclear warhead. Keep sticking your entire head into the sand; every lie Trump's told owes a debt to the truth and the fucking taxman cometh.
Cooper Cook
get a real broker you fucking retard
Hunter Ross
we haven't even announced the nationwide quarantine yet and the markets have shit themselves I'm just going to forget I own stocks and hope that things recover in three months or so
Yeah I noticed too, every market has their own rules, I'm not sure what Nasdaqs are, but dow and S&P are 5% and neither even show that, which means it was such a steep candle that took them from where they are to across the line that the candle couldn't even form.
Isaac Anderson
JUST HODL THIS WILL BE THE LAST DIP OF THE DECADE >JUST HODL THIS WILL BE THE LAST DIP OF THE DECADE JUST HODL THIS WILL BE THE LAST DIP OF THE DECADE >JUST HODL THIS WILL BE THE LAST DIP OF THE DECADE JUST HODL THIS WILL BE THE LAST DIP OF THE DECADE >JUST HODL THIS WILL BE THE LAST DIP OF THE DECADEJUST HODL THIS WILL BE THE LAST DIP OF THE DECADE >JUST HODL THIS WILL BE THE LAST DIP OF THE DECADE JUST HODL THIS WILL BE THE LAST DIP OF THE DECADE >JUST HODL THIS WILL BE THE LAST DIP OF THE DECADE JUST HODL THIS WILL BE THE LAST DIP OF THE DECADE >JUST HODL THIS WILL BE THE LAST DIP OF THE DECADEJUST HODL THIS WILL BE THE LAST DIP OF THE DECADE >JUST HODL THIS WILL BE THE LAST DIP OF THE DECADE JUST HODL THIS WILL BE THE LAST DIP OF THE DECADE >JUST HODL THIS WILL BE THE LAST DIP OF THE DECADE JUST HODL THIS WILL BE THE LAST DIP OF THE DECADE >JUST HODL THIS WILL BE THE LAST DIP OF THE DECADE JUST HODL THIS WILL BE THE LAST DIP OF THE DECADE >JUST HODL THIS WILL BE THE LAST DIP OF THE DECADE
The fed engineers recessions when there's a bubble.
Bubbles always rise in capitalistic markets due to information asymmetry. People hype up technology/products, those who don't know better invest heavily, products are overvalued, and in order to reset the system, you need to shrink the money supply, throw the economy out of sync, and push the economy into a recession.
hopefully this spurs the world to do a full first strike nuclear option on china. im thinking if we glass the eastern seaboard we could realistically survive their second strike
Matthew Harris
In 2008, U.S. regulators banned the short-selling of financial stocks, fearing that the practice was helping to drive the steep drop in stock prices during the crisis. However, a new look at the effects of such restrictions challenges the notion that short sales exacerbate market downturns in this way.
Asher Barnes
Fed's done all they can. Now congress and the president need to stop fucking up the virus response. The only hope now for the market is to minimize damage to businesses due to the coronavirus
Kayden Cooper
HEY BULLS? HEYYYYYYYYYYY BULLS? WHERE Y'ALL AT NOW? YOU'RE PRETTY QUIET BULLS WONDER WHY THAT IS?
WHAT'S THE BEST BROKER TO BUY PUTS FOR AN EUROPEAN >WHAT'S THE BEST BROKER TO BUY PUTS FOR AN EUROPEAN WHAT'S THE BEST BROKER TO BUY PUTS FOR AN EUROPEAN >WHAT'S THE BEST BROKER TO BUY PUTS FOR AN EUROPEAN WHAT'S THE BEST BROKER TO BUY PUTS FOR AN EUROPEAN >WHAT'S THE BEST BROKER TO BUY PUTS FOR AN EUROPEAN
Ethan Cruz
I'm all in RSR about to become rich when RSV drops and panicked retards flock to it. Why would I?
Stop calling it circuit breaker, it's not. It's a block from falling it below -5%.
Lincoln Parker
No shit. Think you are clever? retard
Daniel Ramirez
What were the Yas Forums threads like during the 2008 crash?
Brody Rogers
But they didn't actually drop did they? This time it really is over
Landon Parker
>No Sheepdog. No! If you capitulate, you will lose money. If you stick, it will eventually pay off. I'm sure your plan will survive this. As I recall, you have a very conservative AA, right?
So, you plan to sit it out, all in cash, after losing a big chunk? No, Sheepdog. No. Sit. Stay! Good dog!
BULFAGS BTFO AND DELUSIONAL 12 YEARS AGO
Landon Howard
WHY DO YOU GUYS HODL OVERNIGHT INSTEAD OF DAY TRADING? i swear you guys are masochists or something
Josiah Reed
first time on Yas Forums, how is this all going to affect me, thanks.
Sebastian Parker
China should be wiped off the map desu.
Easton Howard
WERE FUCKED IF THIS IS WHAT HAPPENS ON GOOD NEWS HYPERINFLATION INCOMING
PETER SCHIFF WAS RIGHT
Aiden Gomez
>Major Metros Quarantined >National Quarantined >0 Percent Employment >1 in 5 need Breathing machines or drown in blood
remember the yanks' markets have way further to fall, buying FTSE cheapies could unironically be a good idea
Samuel Hall
Honestly you people laugh at toilet paper hoarders, but you really dont have enough toilet paper yourselves. The average person uses 4 rolls per day. If you have a family of 4, that's 64 rolls a week. Over 1024 a month. TP rolls will be worth their weight in gold in a few months, because everyone needs it.
This is more accurate than ever before. They can't stop the fall and are now all pink Wojak mode. From this point on it'll be a race out of the stocks to save their asses.
Nolan Carter
So should I be taking my cash out?
Ian Barnes
They literally pull a breaker shutting down trading.
Everything you own apart from precious metals is going down. Especially your shitty fiat that you might be hoarding.
Alexander Jones
It's true. Withdrawing it won't save you though. Ultimately, inflation is going to shoot up like we're trying to get another fucking man on the moon unless the Federal Reserve stops being complete shit at its job.
Asher Lewis
SAME QUESTION
WHAT COUNTRY ARE YOU user?
Dominic Powell
are you its obviously just wishful thinking/memeing
