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The Intangible S&P 500 …Our Politicians Can’t Handle The Truth

I saw this chart from @callum_thomas this weekend which really sums up the change in the economy since the dawn of internet in the 1990’s: The US Economy used to be all ‘ball bearings’ and steel. Today it is intangibles. Here is a definition of an ‘Intangible Asset: An asset that is not physical in nature. Corporate intellectual property, including items such as patents, trademarks, copyrights and business methodologies, are intangible assets, as are goodwill and brand recognition.
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