Economic Crisis: Peak Stock Market Absurdity: “We Are In A Bubble Of Epic Proportions”
Have We Just Reached Peak Stock Market Absurdity?
Have you ever wondered how tech companies that have been losing
hundreds of millions of dollars year after year can somehow be worth
billions of dollars according to the stock market? Because I run a
website called “The Economic Collapse“,
there are naysayers out there that take glee in mocking me by pointing
out how well the stock market has been doing. This week, the Dow is
flirting with 21,000 and the Nasdaq crossed the 6,000 threshold for the
first time ever. But a lot of the “soaring stocks” that have been
fueling this rally have been losing giant mountains of money every
single year, and just like the first tech bubble this madness will
eventually come to an end in a spectacular fiery crash in which
investors will lose trillions of dollars.