Nuttin new here...
Seven years of ZIRP has created yet another bubble (in bonds). And now we've got a Debt to GDP ratio of 105%.
USD/CAD is testing highs as news drives USD/CAD higher, can USD/CAD breakout to 2015 1.47 levels? Canada struggles for self-identity.
This time is different - Peak Facebook?
and notice that MySpace became ubiquitous considerably faster than Facebook.
and AH schizophrenia...
If only Craig Winn were around to lead this company to glory...
Facebook Equals EPIC FAIL. Play them off keyboard cat!
It's not fair to categorize Facebook as a failure. After all... it takes time to MUNGER in one's pants....
The CIA "likes" Facebook, therefore the graph may not flow quite as expected.
God I hate F'book. I hate everything about it, from the empty eye sockets of it's leering, grasping, nausea inducing, ceo to it's ubiquitous linkages, constantly sniffing my hyperlinks like the violating nose of a money dog at my crotch. Arab Spring?? Fadebook is a demonic Narcissism machine and a conditioning engine of repression. How many entities use it to SPY on it's users? The Gov., The Media, your Employers, Burglars, Identity thieves, your parents....
F'book, like MySpace, will wither & die, unfortunately, Zuckerbitch will still be one of the richest %$# on the planet and the Adonis of Mamon till he rots off the face of the earth
Great, Zuck..and thanks for the $100bln blob of market jello, right when we need it..
+100 Loved that..... Now tell us what you really think!
zukiniberg looks insane, in the mad with power, incomplete personality way.
spouting his mantra connect connect connect
The Zuckerbot cannot make MySpaceBook different this time... Just the attempt to monitize some shit is too irritating to deal with. Go ahead and do it - and ruin the thing you built, while saying it's not about the money.
What's funny is the, "we're against the establishment" b.s.
Why not get small banks or a credit union to write the IPO? A bunch of Hahhvahd fucks slumming and calling themselves hackers and 'engineers'. Puleeeze... this farce would never have been flopped on the populace if it came from a city college. More likely the idea would have been stolen.
I'm sure Louis Vuitton would be damn well happy to sew up some hoodies in Myanmar..
"More likely the idea would have been stolen."
The idea for FB was allegedly stolen by MZ from the Winkelvoss twins while at Harvard. It was settled out of court.
Facebook is the new pork chop around the neck. After the dog is finished playing with you, you have to clean up all the mess and get rid of all the dog stink.
Please; the Winkelvoss twits couldn't have an original idea if it dropped out of the sky and landed firmly on their pointed little trust-fundy heads.
It was "settled" because the TwinkleTossers can afford expensive litigation. Period.
At least the movie was good.
Exactly, it doesn't matter what the stock is trading at. The whole point was to mis-allocate capital (once again) into the unproductive pockets of some ill deserving 20 something and their banker puppetmasters. In the zero sum game of a stagnant economy it's good to know that, as your wages fall, those of those that do nothing are only increasing.
Americans used to view the inefficiency of the capital markets as freeing up resources for the competitive melee that brought out innovation and created new markets. To some extent this is still true, but alas as you indicate, the earlier paradigm seems shaken, its viability seems coopted, and too much of today's newsflow points to the possibility of excess and misallocation. Not what the founders wanted, nor what modern free enterprise folks desire for the country.
The point I've been hammering on for years. Excellent summation!
I'm sensing you don't like Facebook.
Heres a book you will enjoy
Daemon by Daniel Sua;rez
follow it with the sequel Freedom
It took a while for 1984 to play out. These novels are playing out now.
I never have even bothered to look at it. No interest.
...from the empty eye sockets of it's leering, grasping, nausea inducing, ceo ...
Does Zuckerberg remind anyone else of the comic strip character, Little Orphan Annie, only with a hoodie?
From the get/go, I noticed he had that insect-egg skin.
Skin that has never been exposed to sunlight.
Puffy and white flour dough colored.
This he shares with other nausea inducers - McCain, Lieberman, Gates.
Maybe they truly do never see the sun, nor let it see them.
yo myspace was nowhere near facebook in terms of mainstream acceptance. i agree failbook is overvalued, but not due to its 'penetration' yo, but due to not being able to make cash money from the users. ads only go so far. paying for highlighting posts? yeah right lol
The CIA is tapped into core internet infrastructure. It doesn't need Facebook. Whatever flavor-of-the-month comes along is by definition part of their network. I predict Facebook will indeed crap out over the next year or so until it gets bought out in another mega-hyped all-over-the-MSM buyout.
What you wrote about the CIA may be true, but what other singular data source can you name that essentially provides everyone's connection to everyone else?
But without facebook nobody would post all that crap in the first place. It would stay where it belongs.
Go use Diaspora and push friends to get onto it as well. It's gotta be good if they murdered and covered up as suicide one of the founders.
Decentralized, no ads, no corporate control, full control of your own data, all the same core functionality. No one will ever own a damn bit of your personal information and you have full control over who sees what.
Now that the FaceWookys (er-er-er-ahhh) have shifted their stock units to the public markets (I hope MS can carry it all), we can all get back to work, although now we have to wonder about a 100 billion dollar slug of wobbly market cap out there (a big blob of market jello), a point raised by ZH.
No, really, FB will be fine so long as they devise a way to add another 6 billion people to the planet so they can keep up their user growth rate
trend may be reversing: http://www.amazon.com/The-Coming-Population-Crash-Surprising/dp/08070858...
And in a disturbing development, Zynga has just started beta testing their latest spin-off FEMAville
I hear if you subscribe, you get to control a real life, flesh-and-blood detainee.
Earning credits TODAY is only WAY to get on the fast-track for Camp Commandante!
It's ok...the social media version will be so cool you see /sarc
Or increase their profit. Unless things have changed Facebook is free, so getting 6 billion more users does not necessarily equate to any more income. I would assume the growth your attempting to reference will come from services that generate a profit which doesn't require more users just more revenue streams from current users.
Yeah, but to generate revenue, it would have to have some tacked on apps that are actually useful for something. The trouble there being... most of the useful money-spinning functions that could conceivably be attached are in one way or another about making, spending or moving money. And FookBook is notorious for the ease with which you can mine someone's personal details for your own (mis)use, so...
No matter what they try; from now on, it's all just going to be an epic fail (thanks to the exponential debt curve<s>).
FB does not seem to work on my Netscape browser - anyone else having the same issue??
Better go back to GeoCities.
go long AOL...
This could be the greatest thing since Yahoo.
By the end of the day Monday, every trade that went through today will be underwater.
Not the LNKD puts I bought.
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