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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: GraceZ who wrote (64304)6/21/2006 6:16:27 PM
From: benwood  Read Replies (1) of 110194
 
Twice as fast computers have nothing to do with network connectivity. My 40 MHz 80386-based computer could surf the internet at broadband speeds (not video) nearly as fast as my current 2 GHz model. Ditto publishing. That PC with monitor would be worth about $10 today. Yet it can publish to billions in seconds. My pre-PC era computer published to thousands back in 1981 and 1982. And my actual audience was almost the same back then.

And with that ease of so-called publishing to millions (every paperback, by that metric, is published to hundreds of millions of Americans, perhaps billions on the planet), there's the side effect that hundreds of millions are doing similar publishing. So in spite of the theoretical ease and feasibility, by far the vast majority of people still get the bulk of their information, or disinformation, from the exact same mainstream sources as before.
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