Date: Friday, November 19, 1999, 9:00:15 AM
Subject: The 20th Century
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At the end of the Twentieth Century there are a few stark realities.
Australia’s Gross Domestic Product, that is every thing that
the entire 20 million of us produce and have taken over two hundred years
to reach, is worth obout 300 billion. Our government
controlls about a quarter of this sum. Universities in Australia cost maybe
2 billion.
Investors have placed more than 640 billion dollars into MicroSoft, almost
twice Australia’s annual GDP. MicroSoft was founded
in 1982. (General Electric is worth 290 billion, IBM, 150 billion, Exxon
110 billion, Wal-Mart 100 billion.) 50 of the world’s largest economies are
now corporations.
more to come…