Market Mad House

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

Uber Illegal

Market Insanity

Uber Banned in Brazil

Uber has effectively been driven out of South America’s largest country, Brazil. The networked transportation app has been banned from the nation’s two largest cities: Sao Paulo and Rio de Janeiro.

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France Declares War on Uber

One interesting development here is the French taxi drivers’ highly effective use of old-fashioned real world tactics against Uber, including strikes, blocking streets and violence. Events in France show that digitally-based companies have no real defense against such methods, which is a disturbing revelation.

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