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Old 04-24-2008   #5
softball
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Default Re: An observation on the current business...

Quote:
Originally Posted by DragonKing View Post
Chicken Little Rears His Little Ugly Head
Once Again ....


He makes more Cameos in this business than Puffy in a Bad Boy Video.
I had a feeling this post too would reappear. However, this is a different situation than previous sky crashing situations. The US economy will prolly never recover its total dominance thanks to the last 8 years of breath taking spending. The dollar is weaker than its been in decades....if ever. Gas prices are approaching the scary numbers of the gas "crisis" of the 70's. All that is left to put the icing on the cake is inflation. I recall when the price of butter tripled in a month.
This time chicken little has a few more arrows in his quiver. The previous doomsayers were more worried about free porn and 2257 which was always a non starter in my books and I posted pretty much what you just said, DK. But there are bigger influences at work today. I don't think everything is going to crash and burn for everybody, but the heady days are over. The "soft" landing has arrived and this time, those who don't have good traffic and good product are facing some serious problems (I have always hated challenge as a euphemism).
So I don't think this is necessarily an "end of the world" observation, but times are not as optimistic and opportunities not as easily available, and yes only the strong will survive. You see I do believe in Darwin.
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