General Electric (GE to you and me) once was the largest corporation not only in the US but the whole world... Back in the day. Now, depending upon the list you're looking at it doesn't even rank in the top 10 - top 100.
How on earth did Apple and Facebook surpass the company that literally built the world? -- Diesel engines, small hand and power tools, locomotives, ELECTRICITY, the transmission of said ELECTRICITY, jet engines, credit for all kinds of big companies and even governments. How?
All I can say... Smoke 'em if you got 'em
The times have changed! Now a company whose only claim to fame is cataloging the internet is a thousand (ok, maybe not a thousand) times bigger than GE. And the social media juggernaut we all know is helping prop up the value of all our 401k accounts. Damn!
And don’t even think of getting me started on Tesla. How is it worth more than Ford, GM, Toyota, VW, Mercedes and Chrysler all COMBINED?
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