Archive for February, 2009
American standard of Living to change permanently
An interesting article on Tech Ticker. Makes for a very scary 2009. Script below with the Video embed after that.
There’s no question the American consumer is hurting in the face of a burst housing bubble, financial market meltdown and rising unemployment.
But “the worst is yet to come,” according to Howard Davidowitz, chairman of Davidowitz & [...]
How to make money from blogging ?
It is a nice fantasy. Start blogging during off hours, see it take off, quit your job and live happy ever after. With more and more people being laid off, this fantasy has even more appeal. No start up costs and no one to answer to. Well …. before you take that plunge you may [...]
Japan’s Economy – worst decline in 35 years
Japan’s economy, once the mightiest of economies and the world’s second largest, is taking a nosedive. According to reports today, Japan’s economy shrunk at the fastest rate in the past 35 years in the fourth quarter of 2008. Japan’s GDP contracted 3.3% from the previous quarter, or at an annual rate of 12.7%. “There is [...]
Even worse than being laid off – being on H1B and laid off
Layoffs are everywhere these days and the Tech Economy is not immune to it. One group of people that are getting caught in this are the H1B visa holders. The Unites States allows 65,000 H1B visas every year. More than 50% of them are predominantly sponsored for jobs in high technology areas.
Computerworld reports that when [...]
The paradox of thrift and the economics of buying a house in 2009 – Part II
If you have not read my previous article “The Paradox of Thrift – Part I”, I highly recommend that you do that before you read this one. We all know that we spent a lot in the last few years and companies are unable to digest that fact that you and I are tightwads now. [...]
