10 October 2008

Terrifying Analysis and Outlook on Global Economy

A major venture capitalist firm has put together some hefty analysis and internally delivered a dire outlook to the global economy and how it will affect business conditions for their invested companies.

The scariest point they emphasized is how the recovery period to this downturn is expected to be very long, perhaps 15 years. Other pundits in the media have recently been saying one to five years for a recovery. This is scary. Terrifying.

But I'm not selling anything. Let it ride.