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2012/05/22

How Facebook could destroy the U.S. economy along with China, Europe, Oil, 2012 elections etc. etc.

-Yikes. I'm getting off Facebook NOW! 

"You think I'm kidding? Not one bit. In fact Facebook is now one of my top-12 economy-killing triggers, any one of which could ignite a firestorm.
 
These include: euro zone ills, overpopulation, China, climate crisis, Peak Oil, Fed's cheap money, 2012 elections, austerity vs growth, high-frequency trading, extreme capitalism, and the Black Swan nobody ever sees coming till it hits, you know, a trigger like the 1914 assassination of an unknown archduke that ignited a world war."

Paul Farrell of Market Watch.

How Facebook could destroy the U.S. economy

Commentary: Too-big-to-fail mentality replays the dot-com bubble




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