Are you basement dwelling losers ready for 2008 financial crisis part 2?

The us is overdue for a recession. That is why the past few years have been so bad. We keep half-assing a recession but never commit so we keep half-assing our recovery.

I'm a NEET so the state of the world economy doesn't really affect me, my gibs will keep coming

I sure am! I've invested nothing in this trash society and have a job that is ai proof. I've got savings and loads of survival gear that borders on the insane collection of a prepper.

I knew this card game was rigged when 2008 happened because the richfags refused to fix the problem and let those banks fail and have basically rewarded them with bailout after bailout ever since.

But this time around there is no more money left they can plunder from the public. And thanks to orange man all of our allies have turned their backs on us and also won't be covering our loss by buying our debt. Shit is fucked big time and most people are clueless as to just how fucked things are. And best of all with the current retard in office there is a zero percent chance he's going to know how to deal with it other than doubling down on lies and blaming Biden and wokeness. Shit is absolutely hilarious the crash is going to make 2008 look like a cake walk.

muh Gibs!

Oh you sad sad delusional little man... you have no idea. When times get tough the dead weight is the first to get the ax.

I'm in the ghetto but my job is recession proof.

I live in Sweden there will literally be a civil war if that happens

The 2008 financial crisis wasn't shit. Nobody with two brain cells to rub together was affected. This is the real crisis. The 2020s have been 10x worse than 2008. Everything's fucked.

Oh sorry you assumed this thread was about you. No anon this thread is about the collapse of america.

You probably will weather the storm mostly unscathed but mostly because you just aren't all that relevant outside your own borders. Again terribly sorry for the misunderstanding I presumed you were someone who mattered you know like an American

Don't worry, AI will save us lol

Well Mr zoom zoom you might not have noticed because you were busy playing Roblox or whatever but yes 2008 was in fact pretty bad.

One of the more hilarious aspects of this is that when richfags dont pay taxes the government still needs money to operate so it ends up borrowing money from those richfags that the public then has to pay back to them with interest.

It's great. Richfags managed to not only convince the plebs that the wealth would trickle down if they cut taxes on the 1% but then the 1% turn around and loan money to the government that the plebs have to pay with interest to the rich. It's great. Amd then the plebs are left scratching their heads wondering why all those government services and benefits are getting cut.

The usa government is currently 36 Trillion dollars in debt. 70% to (((private financial institutions))) and 30% to international debt holders.

The usa could completely cut spending on the military and all social services and it would still take 20+ years of doing nothing but paying off the debt to eliminate it.

Big red Zimbabwe button is looking extra shiny at the moment. Who wants to be a trillionaire?

housing numbers fell by 31%

Good. Lower.

it was devastating to every middle class person I knew. I don't think this country has even recovered from it, but as a poor I was largely unaffected.

How much inflation did they get after 2008?
I heard the price of housing went down after 2008, not up massively.

Hosing prices fell 31.8%

Fantastic. A miracle.

9% unemployment

Did you forget about covid-19 already?

Banks did retarded jewish bullshit

never not the case

professional government sponsored NEET of 7 years here. If gibs go i'll just work at a gas station or some shit lol why do wagefags never understand that

The longer you wait the less jobs there are for you, and the harder it will be to get one due to increased competition. Once things get to the point where gibs are cut, you will be competing with millions of other people who are insanely overqualified for bottom of the barrel gigs like unclogging toilets.

I'm disabled and the cuts to welfare don't affect me so I guess that means something

Also if the gibs ever truly were cut for me I would just live in the psych ward. Not going to ever work. Never.

2008 financial crisis part 2

That's a weird way to say "Cold War 2"

cold war with whom? i don't see it

US-China (+ anyone aligned to them), you blindo. It's not even speculation. It's already happened. Cute that you let little ole Russia distract you from it.

russia didn't distract me from anything, they've proven themselves to be incompetent. since when is china aggressive?

retard lol. the 2020s are bad BECAUSE of 08

inflation takes time to hit. quantitative easing(money printer go brrrrr) in response to 08 lead here. there is no solution to stagflation. this is basically what caused the fall of rome, which was a slow painful death and caused the dark ages

since when is china aggressive?

lmao you only think of aggression in terms of direct war. china has been waging economic and intel warfare that you're too stupid to see

overqualified for bottom of the barrel gigs like unclogging toilets

those jobs are already long gone. immigrants do all the jobs like that now. you will find it extremely difficult now to even get a job working at mcdonalds, at least in california where i live

Looks like dumpy trumpys MUH TARIFS is bad for economy huh. The senile old pedo is too demented to realise that he is fucking over the world economy. What a retard.

economic and intel warfare you're too stupid to see

and you're too stupid to give an example of, presumably? last i checked, it was the west that was drawing up retarded trade wars and billion dollar propaganda campaigns

Did you not see the Fentanyl flowing from China?
The opioid epidemic killing people in the rust belt?

Did you not see the atrocious "war on drugs" that got us to this point? If anything, America sabotaged America.

Country shits trillions of dollars each year
Oh no we're going to go broke

Do you think used car prices will go up in the next year like they did during COVID?

Not my problem, im rich bich
NIGGERS TONGUE MY ANUS

That's why I always half-jokingly say to people worried about a recession, "Wait, when did we get out of the 2008 recession?" The aftershock of this event cannot be overstated. It's basically a canon event that fucked over virtually everyone between the age of 25-40 (and beyond, but that group got especially fucked over).

chinese spies routinely steal research, both commercial and military. they have spies inserted in western governments. they bribe corrupt western politicians. their entire monetary policy is designed to combat the US. they fund political dissident groups in western countries and organize protests they hope descend to riots. they have operatives within western education systems promoting communism and dissidence. they fund terrorist groups in the middle east even

literally everything the soviets did lol. you just don't know shit about geopolitics which is why you have a one dimensional opinion and don't realize how close we are to WW3. other guy is kinda wrong about cold war 2... i mean, it is but it's different because the west is fractured and bankrupt. economic warfare will lead to western collapse so it's likely to turn hot. we will see nukes in our lifetime

how did the war on drugs lead to this? are you a chink bot lmao

its what you want or else prices will just keep rising

dubs followed by trips. god is with me

how did the war on drugs lead to this?

where have you been for the last 40 years? mass incarceration created fatherless, lost children who turn to gangs, and in turn, drugs. harsh criminalization of weed leads to demand for cheap, shitty alternatives. being "tough on crime" didn't work, and instead destroyed millions of lives and families, creating perpetual pain, which will be eased by whatever bottom of the barrel bullshit people can get their hands on, like fentanyl. this is one of the most discussed excerpts from american history, i didn't just make it up.

supply created the problem and all other arguments are convoluted. kike pharma companies, spic cartels, and the chink communist government caused it.

they fund terrorist groups in the middle east even

anon...

they do. so do kikes and the us gov when convenient like in syria. your response is one dimensional and low iq as expected

there would be no supply without demand. thats chinas entire strategy, they make exactly what everyone wants. america wants cheap shitty drugs as a result of bad policy.