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How Goldman Sachs Stole Silicon Valley

Pinned on July 9, 2012 at 8:22 am by Admin

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How Goldman Sachs Stole Silicon Valley

The infographic illustrates how Goldman Sachs bought up the Silicon Valley technology community after pocketing $2.9 billion in bailouts following the 2008 financial crisis. Understanding this helps us understand the causes of the current technology bubble as well as the moral hazard and price distortions created by bailouts. For speculators, the infographic also illustrates how Goldman Sachs is the “smart money” — the force with the muscle and intent to drive price in a given market higher — in the startup technology sector; as a result, a case can be made that prices will decline once Goldman Sachs and its associates begin to sell.


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