Quote:
Originally Posted by Markul
Some will say it's dead (like the guy above me) and some will say it's not. But regardless it is still a billion dollar industry - but you have those that either can figure out how to make money and those who cannot.
Oh and since I started this in 2007, people have been saying it's dead..... doesn't look dead from my perspective.
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Another important point that should be mentioned is we "may" be starting to see light at the end of the tunnel concerning the economy. If we're on the road to recovery, anyone who has weathered the storm is going to be sitting pretty in the years ahead as we return to economic growth and consumers start loosening the purse strings again as they start to feel more prosperous.
Back in 2007 apart from Nouriel Roubini and a few other economists, no one was even talking about recession nevermind a severe global recession. Now 5 or 6 years later, because so many people have become accustomed to the gloom they have forgotten the boom times.