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Political entanglements aren't the half of it. Facebook and Google (Alphabet) make up about 6% of the S&P500 by market cap, and that's just the tip of the icebe
by gary_0 5y ago
Political entanglements aren't the half of it. Facebook and Google (Alphabet) make up about 6% of the S&P500 by market cap, and that's just the tip of the iceberg in terms of how much of the global economy depends on the online advertising market. Nobody wants to risk popping that bubble.
- fourtrees 5y agoSomething like that concurrent with the Evergrande bs in China, the pandemic, ect. seems like a recipe for a financial disaster. I agree Facebook should be dealt with, but let's have a few quarters of normalcy beforehand.