Yes, by all means let’s raise interest rates because well, we have to be perceived as willing to normalize.But let’s keep QE 4 in our back pocket just in case because the US dollar, which we have been obsessing about lately must be contained somehow against Draghi’s European devaluation and others.Mustn’t it?

As to the post’s title, here is Faro getting destroyed today on its (lack of) earnings results.This company, unlike the 3D Printing scam, is indeed viable as a unique and high quality supplier to US and global manufacturers of all kinds.I have it categorized under the machine tools umbrella (though it’s really a special interest in multi-axis automated measurement), which we have shown again and again is in trouble.Most recently Machine Tool Orders Slip Again… Who’s Surprised? Didn’t Think So…

So it is not just the scams and the weak links that are falling down.Faro is a great company with a great product aimed at many different industries.

The current situation, where services are still going strong, echoes the run up to 2000 doesn’t it? Back then we had ‘King Dollar’, did not need manufacturing, had all kinds of great internet and optical networking companies ready to change the world (well, they did but…) and new economy.It is not sustainable.