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It always amazes me the way in which people make up an entire complicated chain of events in their mind to fit their world view. He boils Facebook down to a on
by jim_greco 12y ago
It always amazes me the way in which people make up an entire complicated chain of events in their mind to fit their world view. He boils Facebook down to a one note company that could never respond to changes in the market.
Fed stops QE => Tech stocks cool => Less money pours into VC technology => Companies stop buying app install ads => Huge hit in Facebook revenues => Facebook implodes
Ridiculous.
- _almosnow 12y agoWhat is Fed QE? Edit: Thanks.
- swalsh 12y agoEveryone has an opinion on Macro-Economics, regardless of their level of knowledge about economics as a whole, it's just that for 99.8% of people their opinions doesn't get much further then the comments box on their favorite website.
- IndianAstronaut 12y agoI have always thought that most people commenting on the economy probably do not even know what the GDP of their nation is.