I would like to see Google's numbers adjusted for inflation to see if the growth is real, or to what extent the growth is real. But this shows how the Internet is our meal ticket out of this problem: Google is poster child of what the Internet can do for us, and how Internet business is supposed to work. The best part is that "the next Google" is going to be even better -- much better. The challenging part is that financing the next Google is going to require the existing systems of finance to collapse, which we are already seeing. -- KM
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Miguel Helft / New York Times:
Google Defies the Economy and Shows Profit Surge — SAN FRANCISCO — The American economy may be weakening, but Google said once again that the slowdown has not affected its business. — Easing concerns that its growth would stall, the Internet search giant on Thursday reported better …
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