It is getting scary in Neverland.
Ipo’s are going crazy in the
. The new dot com boom has arrived. And I have no idea why? US
The only reason I can think of is because all the other markets in
are dead, that they need something to have fun with. That is property, share market in general, industry, dollar, health, wait just about everything in the Us at present is up the shoot. Even Arnie and all those other buffoons getting in trouble with girls. America
Facebook is maybe, you never know, might sometime, almost there, going to list. And they expect it to be a frenzy. I did here the term mania being used. And I am happy either way.
But they are expecting a number of other dot com companies to float on the stock exchange very soon.
And I am wondering how they are going to make money. It appears society learnt nothing 10 years ago with the original boom, and are now going to wipe out any money we have left in the next craze. Oh dear, time to start burying my head in the sand again. I cannot watch to see people lose all the remaining part of their savings on a new get rich scheme.
But they will.
So, my parting words to your cash are “goodbye, so long, and we will never see you again.”