Global Crisis: Advice for Developers
At this point, there is no question in my mind that we’ve entered into a global financial crisis of epic proportions such that you will (hopefully) tell your grandchildren about the “Global Meltdown of 2008”. I kid you not . Although over the years I have been a very diligent student of economic cycles and trends, I do not purport to hold some sort of “crystal ball” that makes me the Edward Cayce of global economic trends. But one thing is sure: long term economic cycles of boom-and-bust have turned decidedly negative, and this has broad, long-term implications for you and me as software developers. This is not a “US phenomenon” – this is truly global and touches every economy on the face of the earth. WHAT IS HAPPENING IN 2008 WILL REWRITE HISTORY . I’m not going to bore you with economic theories and say who is to blame or claim to have a solution to the problems that face us. Rather, I want to take a few paragraphs to give my read on what is happening and how you can protect yo...