[Imc-summaries] Meet the New Economy -- Same as the Old Economy?

imc-tech at urbana.indymedia.org imc-tech at urbana.indymedia.org
Thu Jun 7 14:23:45 CDT 2001


Back before the dot-com bubble burst, it was common for otherwise educated people to be intoxicated with the spirits of a "new economy," where the old constraints -- including laws of gravity -- no longer applied. The vaporization of a few trillion dollars in the NASDAQ helped to shake a lot of people out of their stupor.

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