>This collapse will far exceed the 2008 financial crisis and will directly destroy the current global trade system, which is based on the petrodollar. Countless people will starve to death.Guys, how do you plan to cope with this financial disaster?I’m stockpiling gold,the only currency in the world that holds real value.
POP!Goes the bubble
>>540486497don't really care
>>540486497They invested six gorillion into AI and now everyone uses cheap Chinese models.
https://thegodnet.work/worldview/
>>540486682lunch special?
No money no job.No nothing to lose.
>>540486497History never repeats, only rhymes.
>>540486497>I’m stockpiling gold,the only currency in the world that holds real valueHow is value determined? What is an economy? Do we have to keep mining more gold out of the ground if our population size keeps increasing in order to continue to have an economy?
>>540487255you can't print gold and just hand it to people. you need some work to do to obtain it. "money isn't real. they are an illusion" -prof. jiang
>>540486497How can people really be actually mad at missing cheapies its like semiconductors still down 45% from top. There is just a lot of money in the system because Boomers on Dividend Kings are dying and millennials are reinvesting these stocks into AI and tech not because its a pumped bubble.>>540486682Gambia and Madagascar isn't everyone.
>>540486497I hope I get the opportunity to patriotically bail them out when they lose my money Trump gave them.
>>540486497NUMBER 11 CRASH AND BURNCHINKS ON SUICIDE WATCHhttp://www.google.com/search?q=china+collapse
>>540486497Nothing ever happens. Bunch of boomers gonna shit and piss themselves about their retirement fund going to shit but that'll be it.
>>540486497Good. Fuck ai niggers.
>>540488476Its not even boomers. Too new for them to invest in. This is all just tech speculators. And theyre probably gonna get fucked like the dotcom bubble
>>540487529Okay so like. We'll need entire industries of humans physically pulling gold out of the ground just so that other humans cam continue to use the currency in order to form an economy. Why should my able/willingness to make exchanges with other humans be determined by how much gold other humans are pulling out of the ground. Sounds like we could possible cut out a middle man in order to have a monetary system...I'll go one step further. Goldbugs only want gold to be used as a currency because they themselves know they'll have a higher purchasing power because they have acquired the real physical substance. Just like how the private companies who operate the gold mines would have the most immediate benefit.
>lol
>>540487529Do you know what "printing" even means in this instance for fiat? Printing is quite literally any new loan that is made. Should I not have the ability to "print" money for a potential venture as someone who doesn't have a stake in a gold mine? Or should I have to find ways to acquire physical gold before I can make any sort of economic transaction?
>>540488706Fucking boomer retards
>>540488756No you shouldnt when the printed money is anything more than a principle. Now fuck off.
>>540486497>how do you plan to cope with this financial disaster?They will get bailed out. The rest of us will suffer on the streets.
>>540488756>Shouldnt I be allowed to sell the bear skin before killing it?Lol, lmao.
>>540486497Why do economists get paid if they don't know how to do their jobs?
If another financial crisis happens this would be de facto proof that banks can not be trusted with our money and their right to handle money should be taken from them.
>>540488917This would be totally fine if our monetary system operated on us trading specific physical goods for other specific goods. How will you know what you can get in trade based on the bear pelts you skinned? Well you'd have to see what all other barter traders are willing to give you for said bear pelts to determine the value. Dollars allow us to see a more inline view of what those bear pelts would be worth? But the question is do we determine what said bear pelts are worth in GOLD before we make an exchange with someone? And if we do. Then there must be some form of operationg to continuously extract the finite material out of the earth in order to make such a transaction...
>>540488683There's already plenty of gold to go around. There's no need to be upset when the supply can simply be replenished by ancient reserves already mined.
>>540486497PICREL is what the NASDAQ composite actually looks like over the past 30yrs instead of some faggot chinkbug commie AIslop propaganda.I know the communiggers hate when people point this out, but investing money into the US Stock market over your lifetime will make you rich. Doesnt matter if you invest at the top of the bubble or the depths of the collapse you get rich either way. You actually get even more rich, the more money you put into a down market.Cope and seethe communiggers
>>540489473When there are 1 trillion humans in existence will you say the same thing?
>>540489473As the population increases in total. Does more or less gold need to be pulled from the ground?
>>540489473>There's already plenty of gold to go around.anon...
>>540489509We will be mining platinum comets in space by then. >>540489544Why not turn it into a fractional reserve pegged and tied to gold? >>540489571You don't know that the monarchy already has all the gold?
>>540489678>Why not turn it into a fractional reserve pegged and tied to gold? Why use gold at all if fiat already gives you what you want? Why do you think human economic transactions should be pegged to a finite resource? Is it because you own said finite resource and realize that it would offer you an extreme purchasing power over other?
>>540486497GME, PMs, and food/water/lead
>>540489797>you own said finite resource and realize that it would offer you an extreme purchasing power over other?I'm surprised you arent already doing that now.
>>540489934Again I get it haha. But I'd love for the goldbugs to give a proper answer as to why human economic transaction between each other ought to be pegged to a finite resource.And give the long run consequences of an ever increasing population who is now tied to a finite resource...
>>540486497>Guys, how do you plan to cope with this financial disaster?Have money savedThat's the most practical thing you can go for any downfall or disaster. You're far more likely to need an extra $300 for a car repair than you are a barrel of freeze dried beans or an EM-proof house.
>2020>market crashThat recovered 1 billion percent shortly after everyone realized it was a meme. If you see the stock market crash heavily, you should be cumming your pants from excitement for the opportunity to buy. But this board just wants to complain how expensive luxury goods are
>>540486497
>>5404864972008 was because they lied about the value of their investments, sold it, and regulators did nothing to stop it.
>>540488476crucial not to let boomers and xirs demand that their housing and 419(k) valuations green line go up
>>540490071It needs to a finite resource so that it doesnt degenerate into a debt spiral. >>540490071>finite resource...I guess restricting the flow of crude oil would force a market correction and facilitate a pivot toward clean energy.
>>540490392>regulators did nothingfauxcahontas is a fake regulator, the cfpb and sec exist to convince you that cancer is ok
>>540486497unlike the dot-com bubble, the increase in stock price is actually reflected on the balance sheets of these companies.this is not a bubble by definition. there are significant, tangible gains happening.
>>540486497Do not forget to buy the dip, even if it keeps dipping.
>>540486497>Bravos research screengrabWhy they always end on "and here's why the market will pump", despite the thumbnail suggesting the opposite?
>>540486497Deenz and tp. Solar. Seven different fruit trees growing in terra preta. Electronics. Batteries. Radios.
>>540486497Now imagine if we invested 8 Trillion into education, rather than trying to replace education with AI.
>>540486497The „AI is a bubble“ bubble is the only real bubble there is
>>540489678>You don't know that the monarchy already has all the gold?I know a guy who has plenty of gold.
>>540490456>It needs to a finite resource so that it doesnt degenerate into a debt spiralOkay so what happens if the population keeps increasing. Can we just leave the current amount of gold in circulation the same as more humans come into existence?
>>540492224The gold reserve can be released into circulation without having to accrue debts through usury.
>>540492576Keep dodging... LOL!
>>540486497>I’m stockpiling gold,the only currency in the world that holds real value.if the economy goes under nobody can afford your gold, retard
>>540493476Who will stop the people hoarding bullets from simply taking the gold from the owners? Parallels to be made here.
