Wasn't expecting that. Ouch...hold on to your hats boys and girls..... the tech rollercoaster is just getting started....
You haven't seen nothing yet...this is eeriely looking to be like the start of the dotcom days burst....San Diego? I'd worry more if I were in the Bay Area. Its going to get really ugly there I think.
Sharing Economy is just a BS name. Nothing is shared. It's entire business model is to create rentier/serf economy and skirt regulations. Whether those regulations are good or bad is moot. "Sharing" your spare room, by creating a de facto hotel in the middle of a residential neighborhood and skimming fees off the top from far away (SF) isn't a sign of a good economy. It's a sign everybody is desperate to make a buck. It must be funny to have a high school kid these days -- you can either persuade him/her to go to STEM field and hope to get a good job, or go to college for anything else, and end up cabbie driver for Uber. Should just be cabbie driver for Uber out of high school instead.
Uber imports money from around the world to the US economy.
If we don't do UBER, some other country will do an Uber service
and get the jobs and taxes.
YOu forget Uber is giving lots of Software engineers jobs.
It's great if you need a lift to the airport.
Most of the market is in correction, Qualcomm is just going along for the ride.
Sharing economy in U.S.? What a concept. Do you think the 1% you work for are willing to share anything?
Fed will come thru with some QE4, QE5, and QE6 hints, to keep banks afloat under guise of dual policy mandate. And all will be well on Wall St. This little hiccup is just market crying like baby over spilled milk, begging Grandma Yellen to pick it back up. If baby keeps screaming, how will Grandma Yellen get any sleep!
so true, another one just around the corner guys, be prepared
so many events taking place in setpember..so many....so many...be alert
Sharing economy will save all! Sf technocrats siphon fees from all over the world from desperate people who would rent out their spouse if it was legal. SpouseBnB? SpUber?