It depends how you define terrible. My background is actually in trading, and so from an ROI perspective it is what it is. In markets there are winners and ther

It depends how you define terrible. My background is actually in trading, and so from an ROI perspective it is what it is. In markets there are winners and there are losers. I’m fine with that. But from a broader social consideration of allocation of capital, I think it’s terrible because (as another comment says) it’s not sustainable. Eventually the market will find the way forward, this is the exuberance period of free markets. We don’t know of a better system imho. But it doesn’t make it any less terrible.