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The consumer Internet is too young for anyone to be certain that portals may be any more than a passing fashion.
ECONOMIST: When the bubble bursts
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The tax benefits, although much exaggerated by insurance salesmen, are sometimes enough to overcome the considerable overhead costs (salesmen's commissions, etc.) of passing on wealth in this fashion.
FORBES: Magazine Article
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These are going out of fashion because they convert too much of the electricity passing through them into heat, rather than light.
ECONOMIST: Solar power