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shmashmession

rose-colored-coolaidrose-colored-coolaid
edited March 2008 in The Economy
This article details why the government is denying a recession even though Wallstreet admits it.

But the real reason I linked it is this quote.
Like other media companies and retailers that depended on housing and consumer-related business, Google seems to be suffering from the consequences of declining activity. (These things are notoriously difficult to quantify, but my unscientific tally is that 75.196 percent of all Internet ads are for home-equity lines of credit and mortgages.) If the economy is grinding to a halt, one would expect clicks of all categories to decline. "Search may be the best advertising medium in the history of the world," says Internet analyst and Slate contributor Henry Blodget. "But that doesn't help much when searchers are broke."

Comments

  • deejayohdeejayoh
    RCC wrote:
    my unscientific tally is that 75.196 percent of all Internet ads are for home-equity lines of credit and mortgages
    what, you mean like this?

    2008-january-online-ad-spend-industry-nielsen-adrelevance.gif
  • rose-colored-coolaidrose-colored-coolaid
    Oh sure! Bury a humorous quote under a pile of real data. What's next? Irrefutable evidence that you can not in fact buy a house for the price of a latte?
  • deejayohdeejayoh
    I'm only here for the buzz kill. That, and increasing my post count.
  • rose-colored-coolaidrose-colored-coolaid
    deejayoh wrote:
    That, and increasing my post count.
    It seems you still have me by about 150 posts. I'm fearful that when the 1000 post clubhouse opens you'll be the only member. In response, I have decided to maximize my own 1-2 line posts.
  • AlanAlan
    I'm going to start posting once in response to every one of your posts so I can catch up.
  • AlanAlan
    Possibly even twice.
  • deejayohdeejayoh
    not to worry, I'm changing jobs soon. I suspect my contributions will decrease.
  • rose-colored-coolaidrose-colored-coolaid
    finally!
  • AlanAlan
    finally, too!
  • AlanAlan
    Oh, and I was talking about responding to rcc. I don't have much hope of keeping up with you, djo.
  • rose-colored-coolaidrose-colored-coolaid
    Alan wrote:
    Oh, and I was talking about responding to rcc. I don't have much hope of keeping up with you, djo.

    GAH!
  • AlanAlan
    I can think of no logical way to respond to "Gah".
  • AlanAlan
    At least I can't think of two ways.
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