Market folly

Just to be clear, these markets which are 4 years late in realising the obvious are the same ones the incumbent powers trust to determine our lives.

” Groupon’s shares have lost 77% of their value since the firm was floated on the Nasdaq in November 2011, as investors fear its business model offering bulk discount deals may be unsustainable.”

Groupon founder fired as shares dive http://www.bbc.co.uk/news/business-21625280