Photo: Mary meeker
USA Inc.: Red, White, and Very Blue
Mary Meeker says that if the U.S. were a corporation, it would be sick—but fixable. Ideas for solving the U.S.'s long-term fiscal mess
The bottom line on USA Inc.? Cash flow and net worth are negative, profits are rare, and off-balance-sheet liabilities are enormous. The "company" has underinvested in productive capital, education, and technology—the very tools needed to compete in the global marketplace. Lenders have been patient so far, but the sky-high rates on the sovereign debt of Greece, Ireland, and Portugal suggest what might lie ahead for USA Inc. shareholders and our ... Full Story »
Posted by Fabrice Florin - via Joey Baker (t), Donica Mensing (t), Johan Jessen (t), Tshiung Han See (t), Seth Roberts Farber (t), Wil Kristin (t)
Mary Meeker is an expert in her field. Her yearly report on technology and the internet is highly regarded and welcomed for the depth of factual coverage provided. I think it is always helpful to have experts in one field look at another, because of their difference in perspective. For example, criteria for venture capital for start-up's in dot Net companies is very different than for high performance computing a.k.a. supercomputers. But when an analyst expert in one does a study of the other, surprising and sometimes very valuable insights are gained.