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Headline

Babylon's Birmingham patients will be registered with London network

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Ninjadoc | Doctor in Training20 Jun 2019 11:29am Babylon is a company that makes a loss, it isn't making any money - and neither does Uber , it's a loss making business too. The only reason these companies exist is the weird post financial crash world we live in were governments around the world pumped billions into the financial markets, inflating asset prices and making people who owned these assets incredibly rich. There are mountains and mountains of this paper money washing around the financial markets desperate for somewhere to be parked - in step loss making 'disruptor' unicorns like Uber and Babylon, with over hyped share prices on business that are chucking money down the drain making a loss destroying 'yesterday's' business, businesses that were actually pulling in a profit, or in the case of the NHS not costing too much. What happens when the bubble bursts? When the investors finally wake up to the fact these enterprises are never going to make a profit and the share price is completely over valued ? They'll go bust, they'll crash and burn in the next big financial melt down, and they wont be leaving just a few bankrupt investors weeping , they will have destroyed perfectly sensible and/or money making models of business in an orgy of speculative investments fuelled by cheap credit and quantitive easing . that's you 'future' NinjaDoc , utter short sighted stupidity - but i guess your too blinkered to see beyond the tinsel on your iPhone cover. I hope you're not buying Uber shares that's all i can say

Posted date

20 Jun 2019

Posted time

8:51pm

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