Hello Everyone, I'm working on an article about the changing nature of employment in the post Great Recession environment. Specifically, I see a spectrum that ranges from: Traditional Corporate…Continue
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For a little over a year now, I've been writing this blog about the Great Recession -- how it began, and how it is likely to proceed. Back then, I predicted a deflationary cascade, brought about by the collapse and panic surrounding the mortgage backed securities market. I believed that, as the bad debts that existed in the market were recognized, the effect would…Continue
We've just finished reviewing the changes occurring in employment today, and the prognosis is clear -- fewer full-time jobs with benefits, and more self-employment-like opportunities where people work for themselves. Coincidentally, Intuit (the people behind Quicken) have published a well-researched and footnoted report that aligns nicely with what we've covered here (click to read…Continue
In the last post, we talked about the changing nature of markets and marketing in the Great Recession. This time we'll focus in on one of the results of these changes: Desktop Manufacturing.
In the old days, it could cost upwards of $10,000 to $20,000 just to create the custom molds and dies required to produce an item in a factory. Then you had to cover the costs associated with prepping…Continue
We've been discussing how the Great Recession started out as a massive credit collapse, resulting in a deflationary cascade. With declining wealth, incomes and revenues, people and corporations have had to embrace some extreme cost-cutting measures. As a result, the significant advances in technology over the last couple of decades are now being deployed in ways that are drastically changing the employment landscape.
Employment is not the only aspect of our economy that is being…Continue