๐Ÿ’ฐ๏ฝœeconomics

Discord ID: 799404683403591780


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2021-01-15 02:20:21 UTC

Ah a man of culture I see<:Toast:777340311868932126>

2021-01-15 02:20:28 UTC

I have lots of fractional shares

2021-01-15 02:20:38 UTC

Nice diversity there

2021-01-15 02:21:16 UTC

Some good stocks to watch are AI, Electric vehicles, and crack comapnies

2021-01-15 02:21:57 UTC

Due to the Dem senate majority

2021-01-15 02:27:59 UTC

I see Economics is back

2021-01-15 02:29:34 UTC

Yes <:Toast:777340311868932126>

I need economics knowledge <:pepe_cry:796461143257645056>

For senior year I'm taking consumer economics and possibly personal finance

2021-01-15 03:20:55 UTC

*Stays in freshman quietness*

The personal finance is kinda centered around business

I'm trying to choose classes next year

2021-01-15 03:21:31 UTC

stonks

I decided to opt out of graduating a semester early

2021-01-15 03:21:45 UTC

Bruh

Boi, I wanna do autobody

2021-01-15 03:22:08 UTC

Okie

2021-01-15 03:22:10 UTC

Yeah. I could have graduated pretty much a year early. But absolutely not.

Im not exactly interested in cars

Im just interested in repair

And taking autobody is a piece of advice I hear from a lot of adults

2021-01-15 03:23:07 UTC

Iโ€™m not interested in anything. <:KEK:795742276549607456>

I didn't want to do math but I'll take consumer ec

Bc I can learn the same stuff the easy way or the hard way

2021-01-15 03:24:41 UTC

I took AP Economics. So I never had to do financial literacy or personal finance. Good luck.

I took ap econ as well

But then covid

I didn't absorb anything

And I liked the teacher a lot

2021-01-15 03:25:37 UTC

Ah. I took it during COVID too.

2021-01-15 03:25:46 UTC

I didnโ€™t really like my teacher, though.

It was also ap macro

2021-01-15 03:26:34 UTC

AP... do not mention the thing that should not be

So it didn't really focus on personal finances

2021-01-15 03:26:36 UTC

I did Macro and Micro.

My sister is doing Micro

2021-01-15 03:27:00 UTC

I took so many AP tests. <:Nervous_Monkey:797288817115267082>

I pretended I had tech issues during the econ one

So I didn't do it

2021-01-15 03:27:32 UTC

Y'all ever get a minor economics lesson in Social Studies?

<:Nervous_Monkey:797288817115267082>

Yeah, my teacher shat on capitalism

2021-01-15 03:28:03 UTC

Nah. I took eight AP exams last May, and they all went through. I would have cried if they didnโ€™t submit.

2021-01-15 03:28:40 UTC

Idiot. My liberal teacher at least taught it without detectable tinge

Yeah now we're kinda doing gender studies

2021-01-15 03:31:11 UTC

Ew.

He somehow connected women in the 1920s to Kamala Harris being VP

2021-01-15 03:31:38 UTC

Retard

>_< yeah

2021-01-15 03:32:38 UTC

Drawing lines more than crazy Spongebob

o_0

2021-01-15 03:34:21 UTC

Spongebob drawing shapes and shit, gif I can't find

Oke

2021-01-15 03:35:47 UTC

Always great when I remember memes I can't find

Yeh I had that feeling earlier

2021-01-15 13:34:55 UTC

I have a weird feeling we are coming toward a recession. So many young adults now have student debt from college, which feels eerily similar to the 1920โ€™s when people started buying stuff on credit, and were unable to pay it off. Also during the 1920โ€™s, many Americans started trading stocks which led to market speculation. This is also happening right now with the introduction of apps like Robinhood which makes trading more accessible to most people who can now trade at home on their phone. Take into account COVIDโ€™s impact on small businesses and Biden about to dramatically increase spending a la reconstruction era- increase in spending, and we have a problem.

2021-01-15 13:41:57 UTC

So another market crash sometime in the future

2021-01-15 13:42:01 UTC

?

2021-01-15 13:46:58 UTC

possibly ๐Ÿ‘€ if the elites want the crash hard enough, they will make sure it comes

2021-01-15 13:51:09 UTC

<:Flooshed:797578663083769916>

2021-01-15 13:57:52 UTC

The Great Depression 2?

2021-01-15 13:58:10 UTC

It will likely come by 2030. Coincidence?

2021-01-15 14:00:58 UTC

I think not!

2021-01-15 14:02:04 UTC

And history repeats once again.

2021-01-15 14:03:53 UTC

Yeah, probably. Thatโ€™s just my guess though, and Iโ€™m not exactly an expert, but I like to think I know a little about what Iโ€™m talking about ๐Ÿ˜‚

2021-01-15 14:04:36 UTC

Honestly, it may be just like the 2008 financial recession, may not last for too long. Itโ€™s either the 1930s all over again, or just the late 2000s.

2021-01-15 14:05:03 UTC

One thing to not do if thereโ€™s a situation like this: DONโ€™T. GIVE. PRINTED. MONEY. TO. WALL STREET. OR. ANYONE.

2021-01-15 15:47:29 UTC

here's a thought, we stop printing money

2021-01-15 15:52:06 UTC

stop doing it for the rich people <:thinking:726878987837636698>

2021-01-15 15:52:31 UTC

<:thinking:726878987837636698>

2021-01-15 15:53:22 UTC

Reject currency. Embrace barter system.

2021-01-15 15:53:43 UTC

Barter system only works for so long

2021-01-15 15:53:52 UTC

It's a joke.

2021-01-15 15:53:56 UTC

Still

2021-01-15 15:54:04 UTC

Not a terrible short term idea

2021-01-15 15:54:49 UTC

Yeah, it does get messy in bigger markets.

2021-01-15 15:55:18 UTC

Heck if you're a parent you could probably use the barter system with your kids.

2021-01-15 15:55:32 UTC

Yep

2021-01-15 15:55:44 UTC

They do their chores and they can do whatever.

2021-01-15 15:56:05 UTC

Clean your room,and you get an ice cream

2021-01-15 15:56:12 UTC

Bingo.

2021-01-15 15:59:57 UTC

In one of the Duck Dynasty episodes, Jase, Si, Jep, and I think Godwin would exterminate pests like nutria rats or snakes in places where they could catch frogs, fish, or hunt. Pest extermination for hunting and fishing rights.

2021-01-15 16:25:52 UTC

Anybody got tips for getting into stock/cryptocurrency/foreignx?

2021-01-15 16:32:07 UTC

Robinhood is a good app

2021-01-15 16:32:10 UTC

For starters

2021-01-15 16:46:23 UTC

Download an investing app like Webull or Robinhood, start diversified among multiple stocks/crypto, donโ€™t lose money ๐Ÿ™‚

2021-01-15 16:50:10 UTC

Great Depression 2, electric boogaloo

2021-01-15 16:51:14 UTC

heres a thought

2021-01-15 16:51:16 UTC

GOLD

2021-01-15 16:51:18 UTC

lots of it

2021-01-15 16:52:09 UTC

invest in that shit and be like Ron Swanson

2021-01-15 16:53:30 UTC

Reject fiat currency, revert to gold standard

2021-01-15 16:53:43 UTC

Long term will it hold its value? Yes. But I feel like youโ€™d make more profit in crypto and stocks/options

2021-01-15 16:55:27 UTC

true, but think of it this way, you could quite literally lose everything if you're unlucky enough in a cyberattack or something like that

2021-01-15 16:55:50 UTC

with gold, people would have to find it, and get away with it

2021-01-15 16:56:12 UTC

and assuming you're smart, you didnt keep it all in one place<:thinking:726878987837636698>

2021-01-15 17:04:37 UTC

Up to like 500k is backed by the government if the trading app loses everything somehow. If you lose that gold, itโ€™s gone

2021-01-15 17:05:17 UTC

huh

2021-01-15 17:05:25 UTC

i see then

I had a feeling there was going to be another recession but I didn't make the correlation to the rise in debt from the 1920's and the rise in debt now from college

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