Saturday, February 21, 2009
Worst of Recession Lies Ahead
I attended a frankly chilling discussion Wednesday on the economy at an event sponsored by the Churchill Club, a public affairs forum. Two Silicon Valley executives, a venture capitalist and a well-known law professor presented a sobering forecast about how the economy is going to fall further before picking back up again. I wrote about the event in an article titled Worst of Recession Lies Ahead, which is posted on Suite101.com. One of the panelists, Lisa Lambert of Intel Capital, pointed out that it has been during some of the worst economic downturns that some of the biggest innovations have come to market. Such Historical Perspective can provide reason for optimism in these bleak times.