Tuesday, February 15, 2011

Is Social Media the Next Big Bubble? | The Atlantic Wire

Is Social Media the Next Big Bubble? The Atlantic Wire

My 2302's should tie this into last week's discussion of the economy and macroeconomic policy. The last two recessions were triggered by the bursting of bubbles in the economy (internet and housing respectively). Might social media companies now be similarly overvalued? But how can we tell, and how can the bubble be dealt with proactively before it bursts? Is this a function of the government?