SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (45522)1/20/2009 6:52:41 PM
From: SG  Read Replies (1) | Respond to of 217764
 
I guess you fit into Heinberg's "don't worry, be happy, future neat things will cure everything" category.

Good luck.

SG



To: Maurice Winn who wrote (45522)1/20/2009 6:59:19 PM
From: arun gera  Read Replies (1) | Respond to of 217764
 
>There have already been big changes made and inventions prepared.>

MQ,

Having dabbled in stock market and worked with dozens of startup clients, I have seen this kind of hopeful talk a lot. But the current crises has changed the driving force and gradient of money and work flow. And most corporations cannot survive 1 quarter without external funding when they lose 20-30 percent of their business this fast. And that is what is happening right now (both big ticket item drivers of economy - housing and cars are down by such percentages). Only real cash rich companies (Intel, Qualcomm, etc) are surviving somewhat easily. GE is surviving because of govt. help (who may be helping it sell nuclear reactors to the Middle East, and next Cold Storage units to Eskimos.

-Arun



To: Maurice Winn who wrote (45522)1/21/2009 3:21:07 AM
From: elmatador  Read Replies (1) | Respond to of 217764
 
Forget tech-based future. There's no money for such pet projects anymore. Get ready to a state-owned future.

Kiwis and other matriarchal states (Scandinavia, Canada and Australia) are well posed for that future. Other countries will have a more difficult time.


Governemnts will dole out entitlements to the -soon to be very docile- populaces. Will extort any surplus to pay for past misdeeds.

There will be some countries that will still be savage capitalists with private ownerhship of the means of production. Those will act as the past, fiscal paradises.