Change (and the fortunes that go with it) is almost always made during the down part of the cycle. It might not be fun, but it’s exciting. (Where do you think Google came from?)
Seth Godin on Economy
16 March 2008
26 January 2008
Some observers are noting that much of what we are seeing now also took place in 1929. As we know, that meltdown was not followed by a happy ending, but rather by a decade of poverty, shantytowns and sporadic famine.
MarketWatch on Recession