A Nicely Furnished Room In A House That’s Burning Down

Silicon Valley is a nicely furnished room in a house that's burning down, the state of California. From Joseph Vranich's blog "CA Business Departures Increasing--Now 5x 2009" June 20, 2011. From Jan. 1 of this year through this morning, June 16, we have had 129 disinvestment events occur, an average [...]