Tag: Brazil

Things that are more important than Facebook, part III

| May 29, 2012 | 3 Comments

Facebook is hitting new intra-day lows as I write this. And again I ask, “who cares?” I don’t mean to be unsympathetic, but I’m going to assume that anyone who bought into in Zuckerberg’s heads-I-win-tails-you-lose coming out party has only done so with money they can afford to lose. If not then I would suggest that they read this and this.

I’ve already written about two massive economic developments that are far more important: the euro’s near-death experience and the U.S. fiscal cliff. Here’s one more: the BRICs are over.

Continue Reading