When the Fakebook bubble bursts will anything be learned? Where did the idea come from that there is a monetary value to abbreviated commentary on a public social network site? It seems the gamble is that advertisers will buy the "eyes" that Fakebook claims it delivers. Already though, GM has yanked its account saying it wasn't productive, Imagine that!
The concept that value can be created without tangible products is on shaky ground. For instance the derivatives mess. Issuing shares that aren't backed up with tangibles is not something I see as durable.
So stand clear for fallout when this gigantic bubble expands into nothingness.
graysmoke
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