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January 16, 2009, 11:39 am
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This does not surpise me but its more about proportionality. If the
economy goes south and google cuts back a little, it reinforces my
theory that the internet and internet advertising is less cyclical
than the rest of the economy. Further, I read something I think it was
in the Economist that advertising in the worst times only dips at most
10% so its kind of recession proof. So the point of this post ( I
tend to ramble) I guess, is by the end of 2009 I do not see google
hurting no matter what happens.