Monitoring the Monetary System and the Flow of Capital for Forecasting the Business, Financial and Currency Cycle - and Investing in the Emerging Economies from the Euro Global Reserve Currency - on lucabindi.com
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The Mother Of All Irrational Exuberance - Zerohedge
None of them, it might be noted, were valued at280Xshrinking net income, as is Amazon today; or at infinite PE multiples like much of the biotech sector and momo hobby horses like Tesla.
More importantly, the promising macro-economic situation at the turn of the century has given way to a world precariously balanced on$225 trillionof debt and the tottering $40 trillionRed Ponzi of China.