The current media and advertising recession will be more severe and more transformative than any one of the last 80 years. This will be a time when it won’t be just about how far down ad spending goes, but also about what media entities and even business sectors will survive. Historically, advertising recessions have been […]
In my last column I wrote that humanity is in transition from one Age to another and that the global financial collapse is a painful part of that transition. This occurs during any major historical transition period. In addition I wrote: “There are four words that keep coming back to me as I view the […]
The year 2008 will obviously go down as one of the most eventful years in recent history. It was the year that Barack Obama was elected President of the United States. It was the year that the Internet replaced print and TV as the driving force in a presidential election. It was the beginning of […]
This is not a column about Cole Porter, the great Broadway composer who wrote the wonderful song “Night and Day”. This column is about climate change and the urgent need for humanity to dramatically alter its’ energy equation. At a recent global climate change summit in Poland, John Kerry, the ranking U.S. representative told the […]
We are now in the transition from the Information Age to the Shift Age. In recent columns I have positioned the recent financial melt down and global economic collapse as the beginning of a painful transitional restructuring between ages. Just as the 1970s with all its stagflation and unprecedented turmoil was the transitional period between […]
Barack Obama is now the President Elect of the United States. For all the reasons that have been mentioned across all the TV channels and in all the newspapers around the world, that is an incredible statement. I am thrilled by this historic and transformational event. It is nothing less than that. I have much […]
Recently, people have been asking me a lot of questions about the fluctuating price of oil “What is the price of oil going to be?” “Was the recent price spike of $147 a barrel an all-time high that we won’t see again?” And “Will the global economic slowdown drive the price of oil back down […]
There have been many cultural changes so far in 2008. Some of these changes are in response to the rapid increase in the price of oil and other commodities. Some of these changes have been due to technological innovations. In both cases new behavior patterns are being established that will, to some degree become permanent […]
The economy has clearly become the primary subject today in America. It has become so not only because of all the issues discussed in the prior column, but also because it has also become the number one issue for voters in this significant election year. In the “Forecast for 2008” column on January 9th of […]
In my columns of forecasts for 2008 I made clear and distinct predictions about debt, the housing market and the stock market. Debt On January 1 I wrote: “The key economic word for 2007 and even more so for 2008 will be “debt”. It is debt that is the true economic issue for the individual, […]