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What defines this decade?

Discussion in 'General Business & Finance Discussions' started by LPH, May 2, 2012.

  1. LPH

    LPH Flight Director Flight Instructor

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    The 80s are known as the decade of excess. The 90s were defined by the growth of the Internet. The first decade of this century has been defined by war against terrorism. What will define this decade?

    Steve Coll wrote Private Empire: ExxonMobil and American Power. His premise is that energy will define this decade. The subtext is that energy corporation ExxonMobil is not an American company but a global organization - governments will come and go but ExxonMobil will remain.

    What do you think?

    Here is an interview with the author.

    http://www.npr.org/2012/05/02/151842205/exxonmobil-a-private-empire-on-the-world-stage

    Exxon, which merged with Mobil in 1999, descends from John D. Rockefeller's Standard Oil Co. and has ranked as one of the country's most profitable companies for the past 60 years. Each year ExxonMobil makes about $450 billion in revenue, exceeding the great majority of countries.
     

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