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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.04-0.3%Nov 26 3:59 PM EST

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To: RetiredNow who wrote (63566)4/15/2003 1:42:58 PM
From: Lizzie Tudor  Read Replies (1) of 77400
 
LOL Chambers is smarter than me too! Go figure.

Funny you mention that socialism stuff. I don't know if anybody here just happened to listen to NPR last night. I turned on in the middle of something, I don't know the main thrust of the piece or even who was interviewed. But a statement was made that 100 of the worlds global companies have managed to dominate a huge amount of the worlds GDP at this point, this is a fairly new phenomenon, as recently as the 80s, globalization of the worlds largest companies was far less prevalent. At any rate the net result of this global consolidation is for a smaller and smaller set of people (the executives at these companies, specifically) to gain more and more of the worlds GDP in terms of their personal wealth.
L
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