The New Depression ends printed newspapers
Reuters is reporting the end of print. For real.
Many media experts predict that 2009 will be the year that newspapers of all sizes will falter and die, a threat long predicted but rarely taken seriously until the credit crunch blossomed into a full-fledged financial meltdown. Some papers no longer print daily, and some not at all.
Of course, the recession appears to be good for free software, and I hope free software fonts, but, I’m concerned that Mike Ruppert is right that liquid fuel is the most critical infrastructure in the economy and that this “one steep initial crash [will be] followed by a flattening out with maybe a flicker of recovery, then off the cliff we go.” Russia cutting off the Ukraine’s gas is a bad omen.
The The New Depression ends printed newspapers by David Crossland, except the quotations and unless otherwise expressly stated, is licensed under a Creative Commons Attribution-Share Alike 3.0 Unported License.
January 3, 2009 |
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