Dinarius = digital interest
15 January 2008

Definition Of A Recession.

15JAN08 – Everyone seems to agree that Recessions can be qualified or defined by, “A time of less business activity, usually lasting at least three quarters of the year or nine months.” Of course this means knowing there’s a recession is an act of hindsight.

What’s missing in the definition of recession is the continued developments on the parts of Google to re-master Gmail with Grand Prix, Apple to reveal what many suspect to be the next must-have UMPC and TicketMaster buying yet another multimillion dollar reseller further upsetting monopoly-allergic mostly-unemployable Eddie Vedder formerly of Pearl Jam who sold millions of tickets through monopolistic TicketMaster. Yeah, I know, he fought it all the way and now he’s just a broke millionaire. So write a book about it.

It seems that Attitude can come out to play since so many economic power-houses aren’t behaving like there’s a recession about to take place. (Set your watches. They’re saying we set our wallets back at the end of Q2, 2008.) People have been prediciting Tech Busts for nearly FIVE YEARS now! Any minute now, your laptop could become useless as application makers and hardware manufacturers go belly up. Right.

Living and working in Miami has shown me how incredibly destructive the housing market has gotten on a personal level. It’s beyond a recession and there’s no definition for it. There were people who bought in too late, banked on strange, never-before-made promises and are now in horrible defaults and bankrupt conditions and … it is bad. That’s for another essay…

Now to the news desk where destitution is around every corner and homeless shoe shiners are preparing to bombard the streets:

WSJ reports $265 million purchase of TicketsNow by TicketMaster.
WIRED blog predicts Apple UMPC which we’re expecting to see TODAY.
Google Gmail blog reveals new AJAX powered iPhone Gmail application.
Tech Ass (or something) writes that 214 companies are poised to develop 700MHz range meaning newness everywhere.
Oversee.net receives $150,000,000 to begin work on another online advertising method.

I mean, really. The only bad news today in the TECH INDUSTRY is over rumors about Facebook (which has been squirming in bad news for a month or so) and The Pirate Bay search /commentable for Pirate Party and that’s about it. But the Dow Jones is wobbly at 12 and-a-half thousand since last month’s fall from 13 and-a-half thousand.

So the tongue and cheek of it all is that even if we’re recession bound which is impossible to see ahead of time, move out or RENT your very expensive home to cover taxes and maintenence/mortgage. Look at TECH more seriously and understand that TicketMaster expects you’ll still be able to see the show, Google expects that you’ll receive plenty of mail, Apple knows you didn’t buy an iPhone, so what the hell, how about a seven-inch computer instead (UMPC standard size) and if you thought there weren’t enough wi-fi signals passing through your brain and liver, the 700MHz stuff is on the way next year when television’s old broadcast signal is killed.

Favorite's the ARTICLE, not the SITE.