Today's Elites

Thursday, April 05, 2012

Scientific Masters of the Obvious

This study is, of course, correct as far as it goes. But exactly why one needs empirical validation of the obvious Internet bubble that has been create yet once again is hard to comprehend. It is simply the fact that the printing of trillions of dollars and Euros are ending up fueling this lunatic speculation. Myself, I would rather have shares in those colorful tulips than in Facebook.

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