Peter Schiff on The facebook – WhatsApp – Deal

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>> Peter Schiff on the facebook – WhatsApp – Deal

Peter Schiff, – a renowned wall-streeter – recently explained businessinsider, why our economy is distorted and must fail rather sooner than later at the example of facebook buying WhatsApp. A whopping 19 billion USD – with a “b” this is correct – for a company with 55 employees and a turn-over of 20 million USD/year. That´s not an inflated bubble, that´s an inflated planet to burst.

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