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The central banks are printing money like crazy driving down interest rates below the historical average of 5.5% interest rate. This jacks up stocks prices and
by acd 11y ago
The central banks are printing money like crazy driving down interest rates below the historical average of 5.5% interest rate. This jacks up stocks prices and pushes up a new tech bubble. Who knows where we will end up another pets.com maybe?
http://en.wikipedia.org/wiki/Pets.com http://en.wikipedia.org/wiki/Pets.com
- brc 11y agoSarbox rules have made it very difficult to list a company. No more pets.com because no more floats. When was the last time you heard about a small operation with little revenue, no profits and not much of a business model getting floated ? These days it just doesn't happen much. The floats are all giants like Facebook. Back in the late 90s these things were listing monthly.