Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

GE shows why we should not Fear Big Tech

The Death Spiral

The Slow Death of General Electric

General Electric’s problems stem from its roots in the Old American economy. That economy is slowly dying and taking companies like GE with it.

Investors will wonder if today’s tech titans like Jeff Bezos and Elon Musk are building bureaucratic empires that are doomed to failure. General Electric started on the cutting-edge of innovation and ended up as mess of red tape, bureaucracy and micromanagement.

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