Thursday, July 14, 2011

US Lost A Number of Companies On Fortune 500; China Gained The Most To Third

The number of US companies on Fortune 500 has dwindled down to 133, still double the number of its close ally, Japan, and China, the second largest economy in the world by GDP.

Still, it does reflect the globalization of businesses in today's economic environment.  I think I've turned a corner of sort on this.  So long as we take care of business here at home, what does it matter how big China gets or if the dollar doesn't have the clout it once had.  

Nor am I taking a more isolationist view.  We need to cut down our deficit, grow our renewable and green industry, educate our people, and, in general, mellow out, we'll be just fine.

Source:  CNN Money.

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