You didn’t really think that Silicon Valley would be immune to the general convulsions in the overall economy, did you? Read some good thoughts on the issue here.
Archive for the ‘Uncategorized’ Category
Doom And Gloom Hits Silicon Valley
Posted in Uncategorized on April 10, 2008| Leave a Comment »
Brace for $1 Trillion Writedown of `Yertle the Turtle’ Debt
Posted in Uncategorized on April 2, 2008| Leave a Comment »
A recent book release by Charles R. Morris is putting the finger on a very serious economy that will shake down to what he estimates being $1 Trillion write down.
“Yet $1 trillion is the amount of defaults and writedowns Americans will likely witness before they emerge at the far side of the bursting credit bubble, estimates Charles R. Morris in his shrewd primer, “The Trillion Dollar Meltdown.” That calculation assumes an orderly unwinding, which he doesn’t expect.”
For more reading, go to this Bloomberg review .
The impact of Bear Stearns’ collapse on entrepreneurs
Posted in Uncategorized on March 18, 2008| Leave a Comment »
The impact of Bear Stearns’ collapse on entrepreneurs
Mark V. Cannice, Ph.D.03.17.2008 in the Industry Standard
Inflation???
Posted in Uncategorized on March 15, 2008| Leave a Comment »
Recently, I have been seeing substantial evidence that we are entering an inflationary period and that official estimates of inflation are grossly understated. For example, just look at a selection of today’s news articles: Inflation Alert http://online.wsj.com/article/SB120511152715823437.html?mod=opinion_main_commentaries Surging Costs of Groceries Hit Home http://www.boston.com/business/personalfinance/articles/2008/03/09/surging_costs_of_groceries_hit_home/ Gas Prices Near Records, Following Oil http://biz.yahoo.com/ap/080310/oil_prices.html?.v=38 As of today, oil approaches $108/barrel and one Euro buys $1.54. Feels like inflation to me.
Android to do what no one else managed!
Posted in Uncategorized on March 14, 2008| Leave a Comment »
The ever more intriguing Android platform from Google are getting ready for launch. The recent session at Etech by Dan Morril from Google.
Set to go on sale in the second half of this year, the Android will work at the platform level: an open development model, free and open to carriers, manufacturers and enthusiasts, with no permission required to develop apps. One brightspot for the developer community is the Android Developer Challenge, for which Google is providing $10 million in grants as seed money for developers working on promising applications.
