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jimbeetle - 6:53 pm on Oct 11, 2008 (gmt 0)


I'm not sure we can predict anything in this instance as this predicament is unlike any other we've recently experienced. After the late '90s bubble burst, sure, a heck of a lot of people were directly affected, but many weren't. The programs I promoted at the time, mostly travel-related, did very, very well.

This time it's different, very different. The credit crunch part of this crisis affects everybody -- there just isn't any money being circulated through the system. Over the past few years I've developed a series of sites that targeted "disposable income" niches. They did very well until a few weeks ago; can't say they bottomed out, but it's coming close to it.

The only thing I can do now is what I've done before, after the bubble, after 9/11; put my head down over the keyboard, maybe go back to the 12-hour day, work on improving what I already have, maybe try to develop a couple of things on the to-do list, simply try to be ready for when things take an up-turn.


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