Forrester cuts tech outlook on U.S. recession risk
,----[ Quote ]
| Technology research firm Forrester Research Inc cut its forecast for 2008
| global technology purchasing growth by a third on Sunday, citing the risks of
| a U.S. recession
`----
http://www.reuters.com/article/marketsNews/idUKN0848701220080211?rpc=44
Also IDC (of Microsoft 'fame'):
Forrester, IDC cut tech outlook on US recession risk
http://www.reuters.com/article/marketsNews/idCAN1165370220080211?rpc=44
The Insider: Dot-com boom just another of 'Greenspan's Bubbles'
,----[ Quote ]
| But not a hero to all. One Seattle money manager thinks Greenspan's
| reputation as an economic maestro is overblown and undeserved. William
| Fleckenstein, who manages a hedge fund and writes the Contrarian Chronicles
| column for MSN Money, has co-authored a book on the former Fed
| chief, "Greenspan's Bubbles." If that's not clue enough into Fleckenstein's
| opinion, the subtitle reinforces the point: "The Age of Ignorance at the
| Federal Reserve."
`----
http://seattlepi.nwsource.com/business/350766_theinsider11.html
The Government is in deep debt and at war. It's bluffing it, just like
Microsoft and IBM. Only the bankers win.. from high interest rates on the debt
from which money gets extracted.
All of this will make Free software more appealing. Budgets will decline.
Recent:
Recession fears could end bull market
,----[ Quote ]
| The slide could be halted, however, if bellwether companies such as Apple and
| United Technologies engender hope that the U.S. economy can avert recession.
`----
http://biz.yahoo.com/rb/080121/column_stocks_outlook.html?.v=2
Related:
,----[ Quote ]
| Sadly, many of these brilliant people have been blinded by the stock
| price and unable to see that Microsoft is also the key architect of
| the greatest financial pyramid scheme this century.
|
| It is not uncommon for participants in pyramid schemes to lose their
| emotional bearings. My close friends who work at Microsoft are
| particularly upset over my work and it is possible that even Bill
| Gates and Steve Ballmer do not realize the implications of their
| financial practices.
`----
http://www.billparish.com/msftfraudfacts.html
,----[ Quote ]
| As with all pyramid schemes, it is important to get as close to tier
| 1 as possible. From a practical standpoint, usually only tiers 1 and 2
| will derive significant long-term economic rewards from such schemes.
`----
http://reactor-core.org/microsoft-pyramid.html
|
|
