Tuesday, March 14, 2006

Economics 101 for The Globaloney Crowd

So things are just peachy-dandy, eh?

McMahon, a gentle soul if there ever was one, posts a listing of the Fortune 10 (excluding oil companies) from 1959 against one from 2006.

If you can't discern the problems shouting at you from the table, there's little I can do to help you.

Hint: GM, USS, Bethlehem, Alcoa, and IBM are not on the 2006 list but were present in 1959. Another hint: 3 of the top 10 (2006) are finance outfits; NONE were in the 1959 list.

I only regret that I was unable to copy/paste the table. Thanks!!! Tom.

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