The
"Internet Bubble" collapsed, erasing billions of dollars of wealth. Then we blew a new bubble in housing, and that one collapsed too. Ever since then there have been politicians and economists frantically trying to reinflate the housing bubble or create a new bubble, and failing miserably. Finally we have a new bubble puffing up and, with total idiocy, it's another Internet bubble.
$11.5 BILLION for
Facebook. Seriously?
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