venture capital

The advertising glut dooms the social media industry

Summary:  The internet is a mirror in which we can see important aspects of America. Businesses funded by speculation (greed) struggle to survive in an era of few opportunities and falling investment, while high technology and rising inequality reshape America. The social media stocks are in this maelstrom, as virtual advertising space grows faster than …

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The key things to know about the great American bubble machine

Summary: It’s increasingly obvious that the US economy has become locked into a low-growth, bubble-driven, boom-bust mode. This post provides a brief description, an antidote to the news media’s superficial coverage of this important dynamic. If readers are interested, future posts will provide a deeper analysis.  {1st of 2 posts today.} Contents Bubbles, bubbles, everywhere. …

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