Like I said the other day, this bubble is FAR worse than dot-com.
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Like I said the other day, this bubble is FAR worse than dot-com.
The evidence that this is a financial markets scam is right out in the open; there's simply no possible way for these companies to make enough money on their actual core business to ever turn these insane losses around, but people still invest massively in them, which means they expect to cash in on those investments in other ways - say, by IPO'ing them into people's pension funds...