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Tech cut more jobs than any other industry last month, according to recruiting firm Challenger, Gray & Christmas.

But manufacturing is a small part of the economy than it was during the moon landing, so that in itself, what scares me actually is not the manufacturing, is a little weak. it's the perceived excess, because that's really what's driving our economy, could lead to all of the investors questioning how much money they are putting into these companies seeing that it's all going into tequilla bottles, office spas and gulfstream. that stepback of money could lead to the economy slowing down , and ending this recession more so than a manufacturing job neil: some of those, if you think about it, have ...

Gdp is now essentially at an l all-time high. what i'm struck by, if you look at that graph, there are only two points in history where it's been that high. 1929, before the crash of '29 and 1999 before the crash the tech bubble burst. >> right. >> that's ominous. >> i hope it's not going to be that ominous. but the big sort of strategic decision people have to make is to go much more international. what happens is people get so caught up in terms of what's worked and then there is an entire sort of temptation to extrapolate this. so i think our american investors are relax and had complacent ...

Gdp, is at essentially an all-time high. what i'm struck by is if you look at the graph, there are only two points in history where it's been that high. 1929 before the crash of '29, and 1999, before the crash the tech bubble burst. that's pretty ominous. >> i hope it's not going to be that ominous, but the big sort of strategic decision that people have to make is to sort of go much more international, because what happens is people get so caught up in terms of what's worked, and there's an entire sort of temptation to extrapolate this. i think a lot of american investors, too, are sort of ve...

Offer from facebook. and uber is now valued at $18.2 billion. just to put that in perspective, at that valuation, uber is worth more than avis, hertz and sony. this has people asking, are we experiencing a massive tech bubble. investors be wary. if there is a tech bubble and it's ready to burst. how much damage could it cause? when pets.com and many other web based companies were falling victim to the last tech bubble, it helped drag the economy into recession. with an app that says yo, with that bringing it in a million. this is dangerous. it's high time to figure out what is going on.