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The Tech Downturn: How Long and How Bad?

Posted October 09, 2008 9:39 AM

From CNET News.com:

Silicon Valley venture capitalist Ron Conway sent a sobering e-mail Tuesday to the 130 start-up companies he's invested in: now is the time to hunker down. "In 2000 and 2001, the companies that hunkered the fastest were the companies that survived," said Conway in an interview with CNET News. "Get costs under control; make sure you have plenty of runway."

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#1

Re: The Tech Downturn: How Long and How Bad?

10/11/2008 5:06 AM

You need to understand that the whole Economic Meltdown is being stage-managed with a single purpose in view.

The end result is to enrich the wealthy, and impoverish the average person.

That's because most folks just never bothered to find out what money really is, why there is presently no money, we just have a debt facility.

Read here please, educate yourself: http://cr4.globalspec.com/comment/292075/Re-Memo-To-US-Government-Five-Ways-To-Fix-The-Housing-Industry

Kind Regards....

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#2

Re: The Tech Downturn: How Long and How Bad?

10/11/2008 9:10 PM

It's this type of thinking that causes the economy to slow. Wouldn't you like to beat the c**P out of the doomsayers?

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Anonymous Poster
#3

Re: The Tech Downturn: How Long and How Bad?

11/12/2008 8:42 PM

There are alot of changes going on in basically everywhere (not just china and india). The future will only be glim if we aren't dynamic and find cliche markets only the US can currently do very well (agriculture, culture in sports/shows/movies, education, very high tolerance components, research, aeronautics, copper deposits, control over uranium and other components declared illegal for other countries under atomic acts). A main reason we don't let other countries have atomic power has nothing to do with the weapon possiblity, but the fact that most uranium comes from Kazakastan (pretty close to Iran and other countries) and if these countries were able to have large enrichment facilities the US would lose Billions of dollars as an enriched provider (this will probably happen). Then of course there are necessities needed here that cost soo much to ship from the outside (we are isolate) whether they be very heavy and cheap, very large and delicate, or require special packaging, so these can confidently be made in the US. We got land for all sorts of crops and animals. US Culture dominates and sells in alot of places (I claim mostly due to our failed "drug war" and ease of accesability to these substances). Sports make money by the boat load so we got to stay ahead. Mass Media in the form of videogames is important (good move by microsoft and the X-Box with X-Box live). The US will hopefully stay dynamic, there is just alot of change right now and it's taking time to adjust accordingly. Also, to those who say chinese education is the king of the mountain, it isn't, it lacks greatly in fluidity and is highly specialized which they may be able to do with numbers, but this is still a logistical problem if individuals are specialized.

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