Is Facebook Slicing $1.4 Trillion Out of U.S. GDP?

Image via Wikipedia Facebook’s financial filing February 1 reveals that its growth is slowing down. And given how much peoples’ time Facebook wastes, that slowdown should continue. I estimate Facebook cuts nearly $1.5 trillion out of American economic growth. Meanwhile, that slowing growth means that Facebook is over-valued. How so? I estimate that [...]

8 Feb 2012 ... Meanwhile, that slowing growth means that Facebook is over-valued. ... add $1.4 trillion to the U.S.'s $15 trillion Gross Domestic Product (GDP).

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