Not that it makes the realisation any easier to grapple with, but as Charles Stross points out, the current economic slow-down is the first one we have seen in a truly internet-age world:
We’ve never actually seen a true global recession in a Web 2.0 world. What’s it going to look like? How is it going [...]
Recession 1.0 for Web 2.0
Posted by John Lampard on Wednesday, 8 October, 2008 to the comment subset
