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Have we entered another tech bubble?

posted by LaminatorX on Saturday February 22 2014, @12:00AM   Printer-friendly
from the It's-like-a-telegram-but-on-a-phone dept.

siliconwafer writes:

"Facebook's purchase of WhatsApp has generated a lot of noise in the financial and tech industries, with some calling the purchase price 'down-right silly' and 'jaw-dropping', and others have said the price is fair, but question the strategy. Is the purchase price evidence that we're entering entering another tech bubble reminiscent of the 1990s? Some say no, while others believe that a bubble may exist only in social media, given that the Global X Social Media Index ETF has outperformed the NASDAQ over the past year."

 
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  • (Score: 3, Informative) by acid andy on Saturday February 22 2014, @02:25PM

    by acid andy (1683) on Saturday February 22 2014, @02:25PM (#4903)

    Some economists would argue all the financial markets have entered a big bubble since the credit crunch. It's all fuelled by astronomical government debt and near zero interest rates. We're in economic la la land.

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  • (Score: 0) by Anonymous Coward on Sunday February 23 2014, @08:10AM

    by Anonymous Coward on Sunday February 23 2014, @08:10AM (#5158)

    It could also be that almost all the economic gains since 2009 are hoarded by the one percenters and are reinvested in the stock market or moved overseas into foreign bank accounts, and not returned to the greater US economy as a whole via taxes, increasing wages, new jobs, or investing in domestic facilities.

    Until the middle class is revived the US economy will appear to be forever be in recession on main street although we are not in recession on paper.