Reply to: The forthcoming recession / depression / crash / crunch

[tim123]

I need an option between 2 and 3

tim

[rootsnall]

Somewhere between option 2 and 3 for me, recession but short of meltdown so no need for the bunker and tins of beans. The yank panic fixes appear to be failing miserably. I reckon that house prices are going to take a right battering, they have started falling while things are still pretty rosy !

[MrRobin]

Well, 59% of us think we've had the worst and there's nowt much to worry about.

15% of us are stocking up on crossbows and claymores.

[bobhope]

Why does it feel like we just came out of the last IT spending recession? It can't be more than 3 or 4 years ago since the end of the last one.

Batten down the hatches.

[BrilloPad]

The good fortune of the average working man is inversely proportional to the fortunes of the City.

during the great depression it was the poor who suffered most.

but quite a few rich were made poorer.

[BlasterBates]

hmm

[Gonzo]

I thought this was an IT forum? i.e. it's our duty to overcomplicate the simple?

Only when talking to the users. Not when we are talking to each other.

[scooterscot]

Or in other words, it will increase by an order of magnitude.
Or in other words, it will be ten times as much
Or in other words, it will be a sh*t load more

I thought this was an IT forum? i.e. it's our duty to overcomplicate the simple?

[MrRobin]

I'm saying it will be 10 times greater in the future, 10n

Or in other words, it will increase by an order of magnitude.
Or in other words, it will be ten times as much
Or in other words, it will be a sh*t load more

[scooterscot]

A 'logarithmic jump between rich and poor' ?



Explain please?

OK let's dum this down a shade, the current gap between rich and poor we'll denote as n.

I'm saying it will be 10 times greater in the future, 10n

What kind of contractor are you

As for defining the gap, it could be ££'s, education, assets and so on who knows..

[motoukenin]

motouken,

you got it,

this recession will be excellent for IT

Milan.

Oh sh!t Milans just agreed with me , in that case we're f@cked

[NoddY]

The good fortune of the average working man is inversely proportional to the fortunes of the City.

[hyperD]

The only difference between this and 5 years ago is this time, there's no capex.

[oracleslave]

motouken,

you got it,

this recession will be excellent for IT

Milan.

I thought it was different this time

[milanbenes]

motouken,

you got it,

this recession will be excellent for IT

Milan.