/biz/ - Business & Finance

>>509701
hmmm...or maybe you are dumper and want to lure us buying?!?!

Healthy reminder that the US ecomomy is rotten at its core.

>Middle class buying power, the driving force behind the economy, has been eroded by falling earnings and increased prices
>The middles class has compensated by taking on large amounts of debt, but this source of money is nearly tapped out
>The stock market is massively overvalued from the Fed buying bonds in QE
>US financial markets have turned into a circlejerk of entities with large amounts of capital making up money out of thin air without providing any useful goods or services
>The only "real" segment of the economy that's experiencing growth is the technology/ web services industry, and that's because they're stuck in a mega-bubble
>Companies like Google, Apple, Microsoft, etc. have to lots of smaller, mildly innovative companies in order to give the impression that they themselves are hip and innovative, otherwise their stock price will tank
>Whatsapp, a simple messaging service, was bought by Facebook for $19 billion dollars

I say five years tops until the happening. What worries me is that personal debt within the middle class is going to let us cross the point of no return without ever knowing.