It’s time to really ask ourselves the uncomfortable question about Meta — is it time to move away from this stock? Feels like this is the thousandth time it is spoken about Meta ( NASDAQ: FB ) and the metaverse, but we are officially vowing to not call it Facebook anymore. More pressing than Mark Zuckerberg’s naming preferences, however, is the fact that we’re running out of reasons to defend Meta as an investment… Retreat from the metaverse… Meta has had a horrendous year thus far. A first-ever decline in users, a slew of regulatory battles, and the largest ever single-day loss of value on the stock market have meant an uncomfortable start to 2022. Added to this, the firm is now all-in on its overhaul towards the metaverse. While some investors are bullish about this focus on novel technology, some big questions remain to be addressed. One of the largest issues facing Meta’s vision is the current state of modern telecom networks. According to the company’s VP of Connectivity, Dan Rabi
So you’ve survived the pandemic. Congrats! Now there’s potentially World War III to deal with. Damn it. If World War III does happen, we should learn how to prepare now. Russia’s invasion of Ukraine does have the possibility of starting the next World War. Imagine. Belarus joins Russia in the war. NATO fights back. The West levies massive sanctions against Russia. China backs up Russia. China invades Taiwan. Then the U.S. finally steps up. If the U.S. gets heavily involved, then our citizens become at risk. Once a nuclear bomb hits America, billionaires like Mark Zuckerberg can retreat to over 700+ acres of now private Kauai land. He’s probably in Hawaii already. Even Mark’s buddy, Facebook ex-board member and early investor, Peter Thiel has a private jet gassed up and waiting to fly his family and friends to the most expensive place in the world, New Zealand, if World War III ensues. But what about the rest of us poor saps who can’t afford to b