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RE: A correlation chart suggests Dow to crash 90% to a value close to 2000

in #money7 years ago (edited)

I just looked at one of the emerging markets - Indonesia, specifically a major company Go-Jek.
Apparently it is good but not profitable.
http://www.zerohedge.com/news/2017-03-01/these-guys-are-destroying-uber-yet-few-westerners-have-ever-heard-them
A comment underneath the article exposes the "profitability" of the company.
There are many such companies (sometimes sponsored by national govt), so I wouldn't put my money there