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Don't Be Fooled, Neither Saudi Arabia Nor The Fed Can 'Pump Up' Markets
"Any contravention of natural law, any tampering with the natural order of things, must have its consequences, and the only recourse for escaping them is such as entails worse consequences." – Albert Jay Nock The U.S. business landscape when the 21st century began was remarkably different from what prevails at the present. Take a minute and think about it. On January 1, 2000 GE was the most valuable company in the world with a market capitalization north of $500 billion. Another big name at the time was AOL. So large and powerful was the Internet and e-mail pioneer that its merger with Time Warner was held up f ... (full story)