> The big Web 2.0 blockbusters all started up with things were down. Not to contradict your general point, but it's probably unwise to compare now with 2001/20

> The big Web 2.0 blockbusters all started up with things were down. Not to contradict your general point, but it's probably unwise to compare now with 2001/2002. That was not even close to a real recession. It ended with higher consumer spending than at the start. This time around consumption will plummet, possibly for years.