... we took back $8 BILLION of our cash when we boycotted Gillette/ P&G!
... we took back $2.5 BILLION of our cash when we boycotted Target over trans bathrooms!
We have ALL THE CASH they need to survive ... and THEY need US more than we need them!
The enemy has no friends and no loyalty; they rule through illusion and dependence on the things they've duped us into thinking we "need." They're parasites that require our participation in order to survive. Starve them of your money!
weird how internet companies lose value and have nothing to show for it
exxon/mobile loses value and looks around at their empire of land, wells, machinery, & personnel and says, well i don't feel poor
Its all bullshit "valuations". We can't eat or drink gold or oil, yet they're valued higher than corn or water futures. Wall Street is the world's biggest casino! Google, Facebook and Twitter stock isn't worth shit ...
Speculative "values" are NOT wealth!
I agree with you on gold, but oil is incredibly useful for just about everything. It makes sense that it's highly valued.
agreed, the modern world literally cannot function without oil
Gold isn't useful for anything but jewelry and electroplating A/V connectors. Silver and the platinum metal group are extremely useful in industry.
Not true about gold, it's a required material for modern electronics. In fact, you can extract the stuff from crushed motherboards (but it's not profitable at low volume).
I feel like we agree.
They do have value, it's just not what you typically expect. The platform itself has no value, but the data they collect does, and that's what their valuation is derived from. That's why the market doesn't care about profits (which is a poor indicator itself) but cares immensely about growth. This drop will be nothing compared to the drop after their next earnings call as they'll have to report that their user base shrunk significantly.
Facebook literally has millions of physical servers.