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Twitter's IPO Is More Proof That Tech Is In A Massive Bubble

By Archean
Nov 11, 2013
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  1. slh28

    slh28 TechSpot Paladin Posts: 1,925   +170

    I don't think this is nearly as bad as the dot com bubble, back then any random tech company had ludicrous valuations. Twitter and Facebook are still building up their user base rather than monetizing everything (like Google in the beginning).
     
  2. davislane1

    davislane1 TS Evangelist Posts: 1,533   +600

    Only one of a few major bubbles currently inflating. Though, the overall equities bubble is of more concern than tech alone.
     
  3. Archean

    Archean TechSpot Paladin Topic Starter Posts: 6,062   +77

    Then there is not so small matter of brewing trouble of securities, this is from Businessweek:

    “U.S. government debt has already lost some of its appeal among foreign investors. They were net sellers of Treasuries for five-straight months ended August, disposing of $133 billion in that span, last week’s Treasury data showed."

    What this gibberish means is owning fixed income securities is a risk (according to Bloomberg, Barclays, and Goldman etc.).

    In simple words, if things continue as they are, US $ will continue to loose its value, as a holding currency.
     


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