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Google is now worth over $182,410,000,000
- iamwil 19y agoIf that's from their market cap, Exxon Mobile is at $511 billion.
- karzeem 19y agoOut of the top ten companies on the Fortune Global 500, Wal-Mart (#1) is the only one that's not a car or oil company. That seems reasonable, since there aren't many industries besides automobiles where you can do such huge volume on products that cost tens of thousands of dollars each. And then someone's got to fuel all those cars.
- spking 19y agoIt is. And if all those shares were cashed out and donated to the government, it would only reduce the national debt by about 8%.
- rms 19y agoUS National debt is 9 trillion which means only a 2% reduction in national debt if Google were cashed in and donated. But hey, in the textbook Benjamin Bernanke wrote used for my intermediate microecon class he said that old models said that a government can't operate with continually increasing debts and trade deficits, which led him to conclude that the old models are wrong instead of concluding that the US economy is facing an impending collapse. This guy literally wrote the book on Economics so he can't be wrong, right?
- zandorg 19y agoI guess "that analyst" (can't remember who) is laughing on the other side of his face at the $600 price he predicted.