Comments on: Reader poll: When will the economic winter begin to thaw? http://venturebeat.com/2009/01/02/reader-poll-when-will-the-economic-winter-begin-to-thaw/ News About Tech, Money and Innovation Wed, 25 Nov 2009 12:19:57 +0000 http://wordpress.org/?v=2.8.5 hourly 1 By: Mei Lin Fung http://venturebeat.com/2009/01/02/reader-poll-when-will-the-economic-winter-begin-to-thaw/comment-page-1/#comment-863760 Mei Lin Fung Tue, 06 Jan 2009 06:13:10 +0000 http://venturebeat.com/?p=102200#comment-863760 While I don't think we will enter an Ice Age we will be lucky if the turn around begins before the end of the year.....<br><br>it hasn't got so bad that people are willing to do what it will take to fix things ...... which includes fundamental re-thinking about market capitalism and the way people are recognized and rewarded for individual success.<br><br>Michael Hammer before his death, wrote in May 2007 about the "Seven Deadly Sins of Performance Measures" summarized here...http://www.customerthink.com/blog/seven_costly_deadly_sins_performance_measures <br><br>Prescient foretelling of what was to come........ While I don't think we will enter an Ice Age we will be lucky if the turn around begins before the end of the year…..

it hasn't got so bad that people are willing to do what it will take to fix things …… which includes fundamental re-thinking about market capitalism and the way people are recognized and rewarded for individual success.

Michael Hammer before his death, wrote in May 2007 about the “Seven Deadly Sins of Performance Measures” summarized here…http://www.customerthink.com/blog/seven_costly_deadly_sins_performance_measures

Prescient foretelling of what was to come……..

]]> By: LEADSExplorer http://venturebeat.com/2009/01/02/reader-poll-when-will-the-economic-winter-begin-to-thaw/comment-page-1/#comment-863759 LEADSExplorer Mon, 05 Jan 2009 18:06:50 +0000 http://venturebeat.com/?p=102200#comment-863759 The comparable previous recession (housing mortgages, bank collapses, cheap imports from US into Europe) was in 1873 and lasted 20 years in Europe.<br>Thus it will take longer than one year, but probably not 20 years. The comparable previous recession (housing mortgages, bank collapses, cheap imports from US into Europe) was in 1873 and lasted 20 years in Europe.
Thus it will take longer than one year, but probably not 20 years.

]]> By: Foo http://venturebeat.com/2009/01/02/reader-poll-when-will-the-economic-winter-begin-to-thaw/comment-page-1/#comment-863758 Foo Sat, 03 Jan 2009 08:18:32 +0000 http://venturebeat.com/?p=102200#comment-863758 Talk about babbling nonsense. Folks look only to the dotcom bubble burst. We didn't see venture investment pick up until mid 2003. But we had different conditions then. Things are actually worse today. Housing market collapse will drag down consumer spending which will depress a variety of sectors including manufacturing and ad spending. This already having negative impacts in the content world. Additionally the market caps of various acquiring companies have been slashed and thus the exit prices will also take a big haircut. American indebtedness is at all time highs while saving is at all time lows. <br><br>This winter could turn into an ice age. Talk about babbling nonsense. Folks look only to the dotcom bubble burst. We didn't see venture investment pick up until mid 2003. But we had different conditions then. Things are actually worse today. Housing market collapse will drag down consumer spending which will depress a variety of sectors including manufacturing and ad spending. This already having negative impacts in the content world. Additionally the market caps of various acquiring companies have been slashed and thus the exit prices will also take a big haircut. American indebtedness is at all time highs while saving is at all time lows.

This winter could turn into an ice age.

]]> By: Michael F. Martin http://venturebeat.com/2009/01/02/reader-poll-when-will-the-economic-winter-begin-to-thaw/comment-page-1/#comment-863757 Michael F. Martin Sat, 03 Jan 2009 00:50:35 +0000 http://venturebeat.com/?p=102200#comment-863757 The thaw began when the excessive optimism turned into excessive pessimism, about six weeks ago. The thaw began when the excessive optimism turned into excessive pessimism, about six weeks ago.

]]> By: Linda http://venturebeat.com/2009/01/02/reader-poll-when-will-the-economic-winter-begin-to-thaw/comment-page-1/#comment-863756 Linda Sat, 03 Jan 2009 00:24:41 +0000 http://venturebeat.com/?p=102200#comment-863756 I think we won't see a thaw until at least December. I think we won't see a thaw until at least December.

]]> By: Gadget Sleuth http://venturebeat.com/2009/01/02/reader-poll-when-will-the-economic-winter-begin-to-thaw/comment-page-1/#comment-863755 Gadget Sleuth Fri, 02 Jan 2009 23:14:45 +0000 http://venturebeat.com/?p=102200#comment-863755 I'd say maybe mid-year or so, maybe a little later. The core issues that caused these troubles are beginning to be addressed (and most of us know what those are), but not fully yet. Until they are, the economic winter will keep blasting. I'd say maybe mid-year or so, maybe a little later. The core issues that caused these troubles are beginning to be addressed (and most of us know what those are), but not fully yet. Until they are, the economic winter will keep blasting.

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