Credit Crunch sends money and workers into tech? It's something I've been pondering for awhile. The collapse of the dotcoms in 2000 clearly contributed to the real estate bubble and now maybe the cycle will reverse.

TechCrunch asked the question.

 

Submitted: Nov 16, 2007    Views: 356    Comments: 1    Likes: 8   


View Article: http://www.techcrunch.com/2007/11/16/will-the-credit-crunch-inflate...


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William Li
William_Li

This was debunked when Cisco reported and it is why the tech market is down so big. The big purchasers of tech are the banking industry, the housing industry and the retail industry. The China bubble, the India bubble and the Russia bubble purchase a little and when those bubbles go away, tech may fall further.

Posted: Nov 16, 2007



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