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Navigating a Downturn: Strategies for Business Resilience

Tom Spencer

Just think of Kodak, Blockbuster, Blackberry, and Nokia, companies that were once dominant in their respective industries. For example, during the 2008 financial crisis Microsoft used its large cash reserves to continue investing in software development and R&D, which has paid off in the long run.

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Going into Consulting in a World Changed by COVID-19

Tom Spencer

There will be an increased participation of government in the economy (at least temporarily) to support recovery from COVID-19 and any ensuing economic recessions. If we learned anything from the 2008 financial crisis, it is fair to say that in lean times private sector organizations have less resources available to invest in consulting.

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Globalisation + China = Good news for the consulting industry

The Source

As for nuclear warfare, the professor argued that world economies are now far too interconnected for any one country to have anything to gain by blowing anyone else up—in fact they have everything to lose by doing so—and that’s thanks to globalisation.

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China Industrial Growth Slows, Power Generation Negative 1st Time in 4 Years; Stimulate Now, Crash Later

MishTalk

Cries for more stimulus ring loudly in China because Chinese industrial output slowed to 6.9%. Industrial output rose 6.9 percent in August from a year earlier - the lowest since 2008 when the economy was buffeted by the global financial crisis - compared with expectations for 8.8 China''s Economic Numbers Industrial Output: +6.9%

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Great Depression 2020?

CaseInterview.com

For context, I asked this exact same question in October 2008 at the start of the Great Recession. In the case of the Great Depression, Black Monday 1987, and the Great Recession of 2008, the assets in question were stock market prices. In addition, the Federal Government insures bank deposits. They are very straight forward.

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Save Lives vs. Save the Economy

CaseInterview.com

Prior to 2008, the financial sector grew way beyond enabling the rest of the economy. The investment banking sector became so big, so powerful, and so profitable that it started recruiting talent out of other industries. In the months after the stock market crash of 2008, many of those rocket scientists were laid off.

Financial 145
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Business Book Review: Start-Up Nation

Management Consulted

Dan has a background in business and government and Saul Singer in government and journalism. In fact, in 2007-2008, Israel received the highest amount of venture funding per capita, which is more than any other nation in the world. In 2008, per capita venture capital investments in Israel were 2.5 QUICK REVIEW.

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