"Essentially the Scrap-o-Matic 1000 (and Shred-Master Mk1) works like the Obliterum Forge in Legion however one major difference from Legion is that you can use it to break down any gear obtained that is from the Battle for Azeroth expansion, including dungeon/raid drops, quest rewards, world drops and crafted gear. Apart from a chance at getting Expulsion you will also get ore, gems, leather, occasional enchanting mats (from scrapping cloth gear) and other crafting mats. The best way to obtain Expulsion seems to be from breaking down rare/epic gear you obtain from dungeons and raids, killing rare elites and doing world quests, it also drops rarely from BFA uncommon quality items."
Don't get me wrong, I'm not turning my nose at people who struggle to do well (I'm not exactly a mastermind myself), but the legion expansion has made people lazy in terms of finding their jackpot system. We need to get used to gold making going from the "all for all" system to the current "all for one" system and the first step is understanding that the WoW economy is never decidedly made good or bad as if it somehow exists along the same lines as class design and gameplay mechanics.

Came back from a good break again but really enjoying BFA so far. I've really been interested this time in getting my transmog sets, pets, mounts pretty much all collections / achievs. I've never been interested in this stuff since wow vanilla so it's like a whole new game to me, which is pretty cool! My current 5 man instance party is Resto Shaman, Resto Druid and 3 Hunters which works out really well. Double healer + 3 dps that can serve as tanks seems to cheese lots of encounters.
Inscription in BfA is going to see a new type of item - Rep Contracts! Battle for Azeroth Inscription users will be able to create rep contracts with the specific reps of BfA, and using one gets you bonus rep with that BfA faction any time you complete a Battle for Azeroth world quest. Overall, BfA professions look to be heading in a fun direction and I can't wait to get started crafting in professions once Battle for Azeroth comes to World of Warcraft.
Azeroth paid a terrible price to end the apocalyptic march of the Legion’s crusade—but even as the world’s wounds are tended, it is the shattered trust between the Alliance and Horde that may prove hardest to mend. As the fires of war continue to roar, take the battle to both new and familiar lands with the Tides of Vengeance update, and join your allies to champion your faction’s cause.
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Short term raw material flipping. I think there is a thread up here about it atm actually. If you are buying to hold for more than a week you're opening yourself up to a lot of risk. Buy in the morning and sell at night, and/or buy on the weekend to sell during the week if you have a decent raid population on your server. Start with something you understand, sell from that market and then expand.
Yes, that is easy, but it's not quick. Further down in my comments to OP I detailed the GIO farm, and reasonable yield expectations. I looked up a few guides/videos before commenting and most of them estimate a yield beween 800-1,000 GIO/hour. That lines up with my past experience with it as well. That'd be, taking the high yield end, 4.2 hours to farm the GIO for one toon's monthly needs.
Mythic+ rewards will also go up by 30 item levels; however, during the first week of Season 2, rewards from end-of-run chests will be capped at Mythic 6 quality (item level 385), and the chest you open next week will contain Season 1 rewards if you do a Mythic+ run this week. (So, for example, if you do a Mythic 10 during the final week of Season 1, you’ll get a Season 1 item level 380 piece and 60 Residuum from your first Season 2 chest.)
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