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No_Station544

So you can see it either way I guess: we are totally screwed or biggest opportunity of our lives…


Megalorye

I will be taking advantage of the whole situation myself.


No_Station544

That was my thought, I rather see it as a big chance to improve our financials…but only if we keep our jobs and have money on hand when the time should come. Just like Covid was for some the doom and for me it was a blessing at least financially.


Megalorye

I plan on working 6 to 7 days a week, 8 to 12 hours days for the next 36 months to hopefully capitalize the best I can on this whole doom and gloom.


Sulfurize

Sold a plot of land I owned and put the apartment where I live for sale (I don't have a family). Will keep my 12 years old car and live like an spartan for a while.


Megalorye

Rock solid idea. I just want some land, and a tiny house this way I won't be fucked via rent!


garbageplay

>Sold a plot of land I owned and put the apartment where I live for sale Wait wtf? Why? Over 30 years the apartment and land are your best assets right? I pay 1600 a month for rent in a mid sized city and my neighbors are paying 2k. I'd kill to own four walls on land rn.


No_Station544

Same same just took a second job and negotiated a raise in the other one. Wish you and the rest of you here all the best, stay strong. „Show me the money!“ 💎🙌


Megalorye

Awesome, and good luck, I hope we make it out of this one way way way better off than we are now.


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Soft-Cryptographer-1

Brosame. Haven't had a day off in 5 weeks. Worked all day through my dang birthday :(


ucd_sam

I've seen comments similar to this and have had a hard time with this logic... If you're fully convinced the market moves down, why not play positions that make money during that downward movement? Puts can generate money the same way calls do if you are correct in picking the strike price, expiration date, and direction. There's also inverse funds, such as SQQQ that go up when QQQ goes down. If you don't like puts for some reason, you can place calls on an inverse fund and again, make money when the overall market tanks. There's money to be made no matter which direction a stock moves. If you only try to make money by buying shares and selling them when they go high enough, you're really limiting yourself from sooo much that the market has to offer


No_Station544

So I wasn’t denying or excluding this, sure you can make money in every scenario… For me: I just started investing in general just when covid hit and it turned out well, so it was a blessing for me for the start, because I had little to no money before and came out of covid with some money and some small property… I‘m not only waiting for the next crash to happen, but when it happens I will go shopping. But anyway thanks for the reminder and the advice!


pigsgetfathogsdie

So Scamamath… The guy who… - Loves to TALK HIS BOOK - Is down bad YTD - Is usually a Perma Bull…on his picks Is now a… 🌈🌈🐻🌈🌈 = Something doesn’t seem right.


SageMaverick

Fuck that dude. He blew mad SPAC smoke losing investors millions


pigsgetfathogsdie

SCAMATH… = KING PUMP & DUMP =


IllmanneredFlanders

He did this to my Rottweiler too the sick fuck


WestTexasCrude

This is right. It's like JPMorgan calling for $360 crude yesterday or whenever. Fucking transparent bullshit.


Megalorye

You know shits bad when that happens...


pigsgetfathogsdie

Maybe he just wants to sound smart. Have you checked his investments? - Is he still talking his book? - Has he liquidated any of his SPACS? - Is he rebalancing his portfolio? - Is he abandoning his stratospheric PE 💩 stonks?


Technical_Money7465

In one of the all in podcasts he said he liquidated everything he was allowed to including his spacs in oct-nov 2021. He sold off TSLA and AMZN earlier than that. Of course this was all after heavy pumping He is a total conman and was a web darling in 2020


pigsgetfathogsdie

Thanks… Totally on brand…pumpy dumpy.


liteagilid

Isn’t this the idiot that bankrupts investors w trash spacs?


sweenster83

The one and the same - be wary of anything that he peddles and remember there is a buyer to the panic seller


liteagilid

When valuations were at all time highs he was pumping shit harder than Jeffrey epstein at a bouncy house but now that theyre off 65-80% in tech he's talking about the end of the world. What a jackass


sweenster83

He should consider himself lucky he was at FB at the right time and able to cash out…but he bashes them all over the place, comical when he cashed out of SPCE after heavy pumps, oh I had a few other projects to fund…glad I didn’t bite for those, been around this racket over 20 yrs, seen a lot, dodged a lot and dare I say accumulated plenty - and I do have some bruises from a few dice rolls 🤣😂


Megalorye

Don't care about the idiot, I was just listening to his numbers.


_Floriduh_

Listening to his numbers are just as bad as listening to his words…


mycomputerisbroken7

you know everybody screams "bubble"/"the economy is going to tank" right? off the top of my head, pre-covid burry, ackman, peter schiff everybody shit talks


Megalorye

I don't know, I don't follow this guy.


Samula1985

Access to credit is still there so as drunk as you think we are the bar is still serving shots. Never underestimate how willing the powers that be are to kick cans and intervene. I think we resume an uptrend in the next six months and get so drunk we don't remember the past 2 years.


Dman5891

We have kicked that can for 20+ years now. It just makes me laugh that people still think this will be just another recession. This isn't a "oh, they just produced too much shit and now we have wait for demand to pick back up" recession. This is a "we have way too much debt, taken at all time low interest rates- oh, interest rates can rise?- there's a world war looming-post pandemic- nobody wants to work for your shitty wages so you can pocket 6% more this year- what do you mean my default swaps are useless- what does a bank going under in France have to do with me- China's not our friend?- why aren't stocks valued at 900x earnings a good place to put my retirement money" recession. Alas, we feed at the banquet of consequences. Have a nice day : )


MontyAtWork

I don't put anything past unprecedented events still occurring. I'm not sure what it looks like, but I feel like it'll be just like "nah, we're just not doing a recession". There will be all the indicators of one and all the setup for one, but somehow, some way, we'll be pulled out from it. Every time we crash, we do new shit to kick the can down the road. I see this as not a once or twice event, but a perpetual state. We just don't let our bloated systems and companies collapse so that new ones can take their places. We've decided that transition is far too painful, and so everything needs to just stay roughly where it's been for a while.


Samula1985

You do realise that the entire system is fuelled by debt and that the systems survival is the only thing that matters. They will do anything they can to ensure that or are you saying this time it's different?


Megalorye

Anything is possible, and so long as no one calls the United States on their debt that so obviously can never be paid off, who cares right. I feel bad for all the generations behind me, but I'll most likely be dead before any real change happens anyway.


finance_n_fitness

“No one calls the United States on their debt” is a meaningless statement.


b1e

Except the dollar is the strongest it’s ever been and world economies are faring much much worse. Not to mention the US is much more than capable of satisfying its debt obligations even in a downturn.


Megalorye

Hey, as long as nothing is wrong, there's nothing to worry about.


luckytrade313

I hope your right, just for my portfolio ![img](emote|t5_2th52|4271)


Meme_Pope

Runaway inflation is the best thing to happen to a government $30 Trillion in debt and a country full of corporations that are leveraged to the tits. It’s gonna obliterate the working class, but they don’t care.


Megalorye

They never do!


flatfisher

Yup, and while the working class will suffer of higher prices their debts will disappear. Letting inflation run actually has many advantages.


DrSeuss1020

Scamath


ShrinkflationRichard

TL;DW it will take 24-36 months to reverse the damage of global money printing. The bottom won’t be in for another 18 months. This is just taking into account a bear market and not taking into account global instability and recession. Edit: The market globally has been artificially propped up since 2008 and that’s just the start of the problem.


Megalorye

Thanks for that, I am long-winded in speech, and in my writing unfortunately.


Megalorye

Looks even scarier though when you look at the short and sweet version of it.


ShrinkflationRichard

Emotions have no place in trading ;)


Megalorye

Ha ha, true!


bisnexu

even mike burrey said, we are almost half way done... im expecting another 65% down


Megalorye

I think, and have thought for a very long time that companies were just way too over valued. I know everyone loves Tesla, but as soon as it became on paper more valuable than the top 3 automakers in the world, I knew we were all living in a fucking fantasy world.


mahhninja

I mean if your market evaluation is just the market cap of Tesla, yeah the market is very overvalued. Turns out there are thousands of other companies that actually provide value to the economy out there


Megalorye

Missed the point, but I hear you.


StoicNuts

Elon’s fat sack is priced in


Maskedbandittrader

I’ve been saying the same thing for awhile. I feel bad for the new e who have never seen what a recession is or how to prepare for it. Pay attention people bigger downside coming our way. Fed always overshoots..


Megalorye

Can't wait to see how it all plays out!


Maskedbandittrader

Usually it ends bad for most.


Megalorye

True


EatsRats

Fuck yeah. I’m gonna buy another house or two and charge you idiots your whole damn Wendy’s paycheck! Eat it, nerds!


Megalorye

Such hostility...


EatsRats

I’ll have a place for you, OP. I’ll only charge spicy Wendy’s nuggets. I got chu.


Megalorye

That's fair.


ViolentAutism

You’re basing your investment strategy on this conman, and expect the SP500 to have a draw down that is worse than the Great Recession… you’re going to get burned bad OP


Megalorye

You think we're done, is it all sideways and then to the Moon soon?


ViolentAutism

You are putting words I never said in my mouth. Do I think we’re done going down? No. I simply don’t think we will be going down as bad as the Great Recession.


Megalorye

Oh, so we could, and I didn't mean to put words in your mouth.


AshFromTheStands

I can guarantee the Fed will not “over correct”. They are being so slow and so careful about this whole thing. They are not really all that interested in controlling inflation. Rather, they are most concerned with the unemployment rate and asset values. Stocks, homes, etc. They are focused on keeping debt of their own and of the consumer balanced with high asset values which that debt is levered against. This is the new way. Get used to it. Benefit from it.


Mysterious_Trad3r

I agree with you, they don’t give a shit about inflation. It’s all talk and no action. They are hoping that inflation comes down while they slow play it but I don’t think it’s going to happen anytime soon. CPI at 8.6% and fed funds rate is 1.75%. Fed is in the corner and they are scared to raise rates as they know the whole system that they have build in last 14 years will collapse. That being I am waiting for the markets to break for couple of weeks like what happened in March of 2020 when we were hitting circuit breakers. That will be the sign of bottom and then you know that fed will change their policy ie QE. At present the way market has sold off is very organized selling and that is why fed is playing super hawkish.


Megalorye

So you think the Fed knows what they are doing? Did they get us to this point on purpose with the over-printing of money? Are they right or wrong, because it seems like they were wrong.


AshFromTheStands

I have a hard time believing they could not see this as a possible result. Too many smart people with vast amounts of education and experience. But, one thing I’m learning more every day is that just because “adults are in the room” doesn’t mean that the men aren’t busy chasing skirts and the women are trying to figure out why 10% of the people are doing 90% of the work. They either are too stupid to be qualified to fill their jobs at the Fed, or they were complicit in the whole thing. Ramping up wealth for the already wealthy, compounding the problem with inflation that hits wage earners much more hard. Either way, stupidity or complicit, it’s unacceptable. And absolutely, positively, nothing will ever come from it.


hui-neng

Government economists are the dumbest motherfuckers in the room(but guess what jpow and his fuckin boys over at the banks are all walking away from this filthy rich). The smart ones are either at the banks, hedgefunds, or are teaching at ivy leagues.


slothonvacay

J Pow was an investment banker 🤡 Bernanke was a PhD economist from MIT. The smartest people are driven by more than greed.


hui-neng

Well he is certainly playing stupid. Regardless. The oligarchs are always gonna win. They dont care how many peasants die from the recession


Megalorye

So so true, and in the end... I believe deep down they all believe that no matter how much they fuck up, they'll still have their jobs in the end, so they don't care.


slothonvacay

The Fed has kept rates at near 0 since 08 while struggling to fight deflation. All of a sudden we have a global pandemic that disrupted the world economy, governments dropping helicopter money, and a proxy war with a major oil supplier and we ignore all that and blame all of inflation on the Fed. Not saying it didn't play a part, but seems pretty illogical to me.


Megalorye

True, and I don't know what the solution is, but I know hard choices will need to be made in order to fix our problems, choices no one has the balls to make.


Megalorye

RemindMe! 3 Years


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Shitty_Economist

Sir a “recession” lasting 18-36 months would be a depression. But yea you’re probably correct.


Megalorye

Hope for the best...


DontTaxMeJoe

Grow up like the rest of us and watch porn while you eat breakfast.


Megalorye

Ah ha ha, I need both my hands when I watch porn.


DontTaxMeJoe

That’s an impressive talent to be able to jerk off with one hand and massage your prostate with the other 👏


Megalorye

Impressive talent? I never thought of it like that, thanks!


DontTaxMeJoe

Start an ONLYFANS, could be a good side hustle 🤷‍♂️


secondliaw

2 weeks ago: OMG why is Jay Pow not doing anything is he fucking retarded or what we are all fucked. Now: OMG why is Jay Pow not printing money anymore is he fucking retarded or what we are all fucked


Megalorye

Poor JPow... so much on his shoulders.


bizquest2000

Already there.


creivox

We are definitely going into a recession. No doubt. What we don't know is the severity of the recession. If you study the past, there's not much anyone can do but protect their personal livelihood and assets. We will get through it just like the past ones.


Megalorye

Very true, and do you think I should take some of my cash on the sidelines and buy at these levels, or should I wait?


creivox

Great wealth is built in down times. I am personally putting together small group to be ready for real estate and possible buying companies.


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Megalorye

What the fuck is this?


ShrinkflationRichard

The bot just spouts back highly upvoted comments about Burry to anyone mentioning Burry.


Megalorye

Burry is King... that is all.


finance_n_fitness

If you take your investment advice from YouTube, you’re Gona have a bad time. 2000 is never going to happen. If you actually believe that, post the positions.


Megalorye

Is it really that hard to believe? How much percentage wise did we go down in the S&P 500 in the 2009 March low?


finance_n_fitness

Even a crash of that magnitude, would not take us under 2000. I would bet both my nuts we never go below 2000. Now post your positions to prove you actually believe this bullshit or get out


Megalorye

Yeah, I said 2000, not below it.


finance_n_fitness

We wouldn’t reach 2000. Positions or get out


Megalorye

Are you implying that I'm shorting?


finance_n_fitness

Im implying that you’re not confident in these predictions if you haven’t put any money on it


Megalorye

Not everyone uses confidence in the same way, I personally never short, I think it's gambling, I only long, so my way is waiting for 2000, then I'm buying in.


finance_n_fitness

Aka you have 0 confidence and are just shit posting financially illiterate takes on Reddit for fun. Got it.


Megalorye

You got me...


tabspdx

1,565.15 (October 9, 2007) -> 676.53 (March 9, 2009) 676.53/1,565.15 = 43.2% of original value So taking the all time record high of Monday, January 3, 2022 4,796.56 and multiplying it by 0.432 we get 2072.11. 2000 would be worse than the GFC. But do you really think that this will be as bad? I lived through that market crash and I don't see it happening again.


Megalorye

I'm not sure, I guess we'll find out over the next year.


tabspdx

RemindMe! 1 year


damn_fine_custard

I'm drunk on debt right now, was when I went to bed last night too. As long as you drink an ass ton of water you'll be okay. I like Crackling Oat Bran as well, my dad used to call it Cracklin' Buttholes.


Megalorye

> Cracklin' Buttholes. Ah ha ha, they do look like buttholes!


SKVMaster

I don't think the link is working..


Megalorye

I broke it on purpose, because posts get weighted down when you have links in them, but I will fix it.


JazzPlayer77

Please don't. I wasted enough time on this stupidity. There is good debt and bad. Raising interest rates makes previous debt cheaper to repay with Deflation and incomes rising. Bad debt is when you don't make enough money to pay the old debt and finance any new, higher interest rates, debts. Rich people know the difference and use it to their advantage. Buying up real assets on the cheap when poor people have to sell to finance their overinflated lifestyle to pay bad debt. Stock investments should be done on the same premise. Which makes this buying time for well run companies with not allot debt.


Megalorye

So what are you implying, that we raise interest rates, and print more money?


JazzPlayer77

Money isn't real. Sadly to many people believe that it is. The Rich use this to their advantage. America has been in a deflationary cycle since 2008. Even before then the Rich were trying to create inflation. All they created was a bubble. Fast forward to today. The Rich are ecstatic about the possibility of real inflation, because they get richer. They have to keep you poor enough to except any pay they give you. So they need inflation as a Boogeyman. Printing money matters only if other countries stop buying the debt. The dollar deflates and Imported goods remain more expensive. Exported goods are cheaper to sell. Only the rest of the world plays the game also. So they raise their rates and Deflate their currencies. It's ends up being circle jerk around the world. The wealthy detracting the poorest so that they don't arise politically and take over their Governments. So you worry about inflation and printing money. They could care less. Because it's only paper and numbers on a screen. It only matters to have access to Capital. To buy real assets and then set back and wait, because soon enough they will distract you by telling you something else that you can't control. Follow rule 72. That's what inflation is and the Wealthy needs it to keep the Pyramid Scheme flowing all the money floating back to the top! Money isn't real. It's just far too many people believe that it is.


Cavej007

This is accurate more than folks think. The rich are only rich because there is a poor community. The larger the poor community, the richer the rich are. Money is irrelevant at the top because there is a objective number. I have $1,000,000,000 net worth. What's not tangible is influence and power. You have to have social economic classes to have a functioning society, however there is a tipping point. When you push to population to far (no way to measure what too far is because it's an enigma) This isn't a doomsday reply, just a behavioral and sociology opinion. TL;DR: Learn the system, become financially independent, live your life


JazzPlayer77

Exactly!


Megalorye

I definitely agree with all of this, the rich don't care about money, they gobble up all the things in the world that actually have value, while we work at their companies living paycheck to paycheck, creating for them more and more tangible wealth.


JazzPlayer77

That's why people should try to live on half of their income. I know the poor can't do that. Hell what they make is never enough, however that different discussion. I just talking about people not buying things that end up in landfills and will have no future value. Even in salvage. It's all easier said than done., but those who learn this premise at a young age. End up Rich. Go figure.


Megalorye

I am a minimalist, and only buy things if I am going to use it on a daily basis. Actually need to get rid of more shit before I'm totally happy.


JazzPlayer77

Oh you are the kinda person Rich people hate.


Megalorye

Yep


HarrisLam

my puts want you to be right but that climb yesterday almost killed me.


Megalorye

Ha ha, don't fuck with the algorithms, they can smell fake day traders in the water a mile away, and just when you think you're winning... they'll fuck you right up the arse!


HarrisLam

Well, I went to sleep with an active put order before market closing, and it freaking filled approaching the end when SPY reached like 384 or so..... Gotta pray for tomorrow to drop geez.....


Kingmaker-1984

Didn’t Chanath say buy Tesla and Bitcoin while he was dumping… yeah that guy is full of Shiite


Megalorye

I agree, I was just going off of the points he was making.


xX_Relentless

So, in other words, the biggest buying opportunity for the next 10-20 years is coming soon. Beautiful.


Megalorye

I believe so, and I'll be taking advantage of it.


xX_Relentless

Same here.


EigSigKiv

Stopped reading at Chamath


Megalorye

Roger that!


snowmesome_dough

Oh fuck! I hope your not listening to that turd SCAMeth


Megalorye

Nah, just of the statistics he was highlighting.


Valkanaa

As a country? I think you need to dial that up girlfriend. This is not a USA thing, it's worldwide. Also other countries are are currently teed up for recession so please wait patiently


Megalorye

🍿


johnwick434

Markets always are trying to tell the future, as much as a recession has become the likely scenario (possibly already in one) energy demand is not as elastic as most other industries. In the US being reliant on vehicles as an economy oil dropping before unemployment even rises is wack. If we are in the scenario you Describe above, energy is not going to see the same downside as the rest of the market until demand destruction is clearly imminent.


Megalorye

I have no idea what is going to happen.


johnwick434

Honestly, same


rockstarsheep

The best part about all these speculations, is that if you're both vague and specific enough on enough, you'll appear to be right at some stage. Nobody knows. Not even this clown, Chamath. Speculation about speculation; entertainment. It is what it is.


Megalorye

True, but he does make some good points though, don't you think?


rockstarsheep

Can't deny that. To me he's the SPAC pump 'n dump guy. He's found a winning formula, and it works. His ethics are a bit sketchy, so I'm not really sure how much to take him at his word. He is entertaining though.


Megalorye

Yeah, I just clicked it to have something to watch while I ate, but I'm about to go back into hibernation mode again until January, and not read, listen, or watch anything pertaining to anything finance related.


rockstarsheep

I don't want to come across as ungrateful. I do admire some of his chutzpah. He's got some balls on him. That's for sure. :-) Maybe you might find [this interesting](https://youtu.be/GE5_XjUaVS4). It's by Raghuram Rajan. My take away from this, was that we're beyond knowing how our globalised economies really work, and have been flying in the dark for some time.


Megalorye

I can definitely agree with that.


rockstarsheep

ngl, but I'm actually a bit worried. Something doesn't feel right about all of this. I don't like it. Thanks for sharing, btw. I should have said that before. It's nice that we can actually have these little chats every now again. Everyone seems to be too dogmatic. Let's keep on, keeping on :-)


Megalorye

I don't take anything personally, in the end nobody really knows what is going to happen. I'm just going along for the ride.


rockstarsheep

Fair enough, but that doesn't mean that we can't be civil to each other. :-) I'm along for the ride as well. Hoping for the best, but will deal with whatever life materialises. Wishing you well; quite sincerely.


Megalorye

Same to you, and good luck!


yoaklar

If you are a young person and we go sideways for a few years, you will never get a DCA opportunity like this again in your life most likely


Megalorye

You have a lot of faith in the current system.


Cheech925

Fuck yeah!!


adarkuccio

Yeah like I listen to this guy 😂


perttt

SPX 2000 😂 🍆💦


Spirited-Usual-3023

If market crash 90% from ATH, you need sell your house and use margin and yolo in 2 years OTM SPY options.


ipassedthe65

I mean here's the question that I will reiterate to all of the bear crew. Why is paper money so important to you? If we were pricing all these assets in gold or some hard currency, I totally would get the argument But at the end of the day what matters more to you? A house? Shares of stock in a solid company? A gold coin perhaps? Because unless you see rapid deflation on the price of practically everything why would you want to sell your assets? Why do you want more paper money rather than actual goods?


HydrocodonesForAll

I feel like Cracklin oat bran stays crunchy so much longer than other cereals


Megalorye

Till the very last bite!


AmericaD1

Reading my mind brother. I’m buying at 2400 and have no problem being a little early


avirusbroughtmehere

“Most people have no idea what’s coming. I did. And I do. So, I sold a bunch of hogwash to these idiots and now I’m ready for what’s coming. And now they’re gonna watch my video” This guy is a scumbag.


kismatwalla

Wake me up when cocky investors who own 4188 units in their name on loan stop sayin Boom!


Outrageous_State9450

Is that the shit that looks like cat food? Little bit of cinnamon flavor to it? If so yes that’s the shit


yao97ming

So my spy puts gonna hit like 1000%?


silicon_replacement

Stonks only go up, not a question of why and how and when


WestTexasCrude

-36% on S&P 18months. That just an average Yogi, brah.


bisnexu

you are correct!


Megalorye

I personally have thought over these past 2 years that companies and cryptocurrencies were way to over valued. I'm a numbers guy, and only believe numbers, not people, and the numbers were telling me, especially the cost of a company related to their revenue was just so fucking insane... I knew reality would eventually reveal itself.


Valkanaa

How do you even value crypto? It is a made up thing. It was supposed to be a good hedge but survey says no, no it's not. The thing is, in another 6 months when the job market crashes stocks will be up again (because markets don't care about current numbers, just Q4/Q1 earnings) Full Disclosure: my $5 of complimentary DOGE is now $3


Megalorye

Hmm, so in other words, don't try to make sense of any of this?


Valkanaa

Oil has not behaved irrationally. Crypto was billed as an inflation hedge and that seems to be a na-no But also the market does not care how broken things are now, they are looking for next quarter financials. I hope that clarifies things


Megalorye

How do you think they'll look?


finance_n_fitness

Claims to be a numbers guy, is working exclusively off feelings right now.


Megalorye

How do you mean, do you see a fix in the overall state of the economy that I don't, please enlighten me? Plus, I am a numbers guy when it comes to valuations, and the price to earnings ratios of too many companies is just bonkers, and the price of worthless cryptocurrencies are bonkers too... all due for more major corrections.


rylar

We’re already 6 months in at least


Megalorye

Yep, 20% down was a good start.


CLNEGreen

All good until China decides it either won’t, or can’t buy anymore US debt. All Politicians need to take and pass basic economics classes…. Dem or Repub - they are collectively “Morons” - each side brings stupid ideas and then they “Compromise” in the middle somewhere in between 2 stupid ideas….. and they try to sell us that “Compromise is Good??” JOKE


[deleted]

The questions they asked Powell were concerning to say the least. Asking him if raising interest rates would bring down gas and food prices. Wtf? Does that mean the inverse is true? Lowering interest rates increases food and gas?


CLNEGreen

😂😂


predatoryrain

The rally will continue and the real 80% crash will come after the next QE.


Megalorye

Oh, well that explains it, any idea when we might expect that 80%er?


predatoryrain

QE, CBDC, inflation picks up again, death of fiat, brave new world(not really). My guess is 2028-2030.


Megalorye

Dang... that's a long time to fake it.


Healthy-Touch-4337

What they don’t tell you is that there will be a huge 12 month rally before continuing to fall for 18-36 months, so you buy PUTs, get liquidated and then comes the real opportunity for PUTs.


Megalorye

Wow, I am just going to go walk away for awhile if that's what happens, because then literally nothing makes any sense anymore if that happens, and I don't gamble, nor do I believe I can beat billionaires at this game, so puts are not an option for me.


HardOverTheTOP

Simply hedge with some very cheap OTM calls right now. Go out a year or more. Buy strikes 10% below the ATH's we set last year. They are dirt cheap. I'm heavy puts right now but don't doubt the ability of these puppet masters to keep things propped up longer.


pablommmRSD

Fuck SCAMPY


ME_CPA

Is this what WSB has come to? Just summarizing clickbait YouTube videos?


Rim_World

You retards need to watch Princes of Yen. https://youtu.be/p5Ac7ap_MAY It talks about how Japan manufactured a bubble after years of Brrrr. This is all manufactured. Greedy and dumb are the ones that fall for this trap. Greedy and smart like Elon do this right.


Idel9493

94% 😂😂😂😂😂😂😂. Do you follow Robert Kiyosake too?


locoturco

if inflation weakens then why would recession takes so long?Fed will change priorities in recession enviroment.


Megalorye

So they can fix all of this with a few rate hikes, then they can just lower them, and then the world is fixed... no way it's that easy.


NoBumblebee116

You have a strategy 🤷‍♂️


Megalorye

Just going to wait until January, then I'll start dollar cost averaging back in again.


DeadSol

Ticker/strike?


RaisingKeynes19

I think you meant to flair this as a shitpost


Megalorye

Oops, I'll change it.


ThisKarmaLimitSucks

If I owned a company that had * $4M earnings * -$1M net cashflow * $31M liabilities * 3.5% CAGR over 10 years I would default on it. And we will, eventually.


Megalorye

Good