Yesterday morning, CNBC Asia’s anchorman Martin Soong cradled a young, hairy-nosed wombat named Billi on live television.
He then transitioned to interview an entrepreneur who is raising money to colonize Mars.
Now, as much as I’m sure we’re all fans of wombats… and as much as it might be a great idea to colonize Mars, it’s time to be soberingly honest: these are classic indicators that we’ve reached the top of the market.
Money is no longer serious business. It’s all fun and games chasing the latest investment fad with no regard whatsoever to the risks involved.
