Re:We didn't start the Fire (2.0)
by sabat on Tuesday December 04, 2007 @06:25PM
(#86156)
"What's ridiculous is that we're arguing over semantics."
We're debating what this all means.
"this is an economic bubble as defined by the mere fact that companies are being valued (privately or publicly) too high"
When you say "bubble" you strongly suggest the current situation somehow compares to what happened in 2000. It doesn't compare.
Yes, this is my only argument. The rest -- that it doesn't matter very much if Facebook goes under -- is obvious enough that I'm not bothering to mention it much. A bubble burst, to most of us, means disaster based on foolishness. There really isn't very much foolishness going on right now.
We're debating what this all means.
"this is an economic bubble as defined by the mere fact that companies are being valued (privately or publicly) too high"
When you say "bubble" you strongly suggest the current situation somehow compares to what happened in 2000. It doesn't compare.
Yes, this is my only argument. The rest -- that it doesn't matter very much if Facebook goes under -- is obvious enough that I'm not bothering to mention it much. A bubble burst, to most of us, means disaster based on foolishness. There really isn't very much foolishness going on right now.