Explain Global economy

The Youtube segments brought up some good points about privacy on the Internet. With the global economy and rapid movement of electronic information, once information is out - it will be out everywhere. Facebook was brought up as a good example of privacy issues. Facebook's troubles began when they made some updated policy changes on user-generated content. The changes essentially gave Facebook a perpetual license to use any uploaded materials within advertising or any number of other venues - -even if the user had long since deleted the content or even deleted the account. Like the Youtube segment mentioned - privacy is expected as the fabric in this online environment.explain