by Chris Black

Wall Street will at all times push a brand new fad to sell worthless shares.

They’ll slap billion dollar valuations on firms with no revenue, simply to create hype, then idiots will chase returns like slot addict grannies in Vegas.

Take a look at Vinfast.

Their sales model is atrocious and won’t ever achieve the US, i.e. making you purchase the automotive, and pay a lease for the battery.

That doesn’t matter, they’ve been given billions of dollars and try to IPO within the USA.

Wall Street analysts will claim a $30 billion marketplace for products will appear out of nowhere when a handful of firms are selling just a few million price of stuff.

Ever hear of FogDog sports?

They were speculated to turn into the biggest distributor of all sports equipment, running the web outfits for each major retailer.

The corporate was valued at just a few hundred million dollars.

The issue is, they didn’t even move greater than just a few million dollars’ price of stuff and didn’t own a warehouse large enough to produce just a few stores, let alone the whole country.

Who cares, the executives made thousands and thousands together with Wall Street.

The stock market has at all times been a con game, a really profitable one for the outfit that runs it.