Uber and the Tech Bubble – Learn from History or “Financial Ruin”

Uber and the Tech Bubble – Learn from History or "Financial Ruin"

] – Uber, Grand Canal Dock, Canals, the New Tech Bubble and the Financial Mania of Today– “Both the canal and railway manias led to ridiculously overvalued companies, whose subsequent crash brought financial ruin to many”– “Yet these technologies did change the world, eventually”– Time to learn the lessons of history by David McWilliams Last … Read more

$255 Trillion Global Debt Bubble May Burst In 2020 – Prepare Now

$255 Trillion Global Debt Bubble May Burst In 2020 - Prepare Now

] Source: Bloomberg ◆ Global debt has risen to another record at $255 trillion due to cheap borrowing costs. ◆ A decade of easy money has left the world with a record $250 trillion of government, corporate and household debt. ◆ This is almost three times global economic output and equates to about $32,500 for … Read more