Everyone thinking about starting their own company will benefit from reading about the tough start of design studio, Kicker. They got off in September 2008 on one of the worst days in the history of Dow Jones (it fell 500 points that day…).
It’s been tough for them, but they keep on going and especially their conference phone is a very cool project – especially considering that I had the same assignment at Bentley in my Advanced UI design class.
Part 1, 2, 3, 4, 5 by Jennifer Bove.
Turn off the sound, watch the video, pause where it goes too fast and discard the Republican message – then you have one of the best videos about why the subprime-mortgages is killing the world’s economy at the moment.
My comment to the video:
I live in Europe. I’m eligible to vote in Denmark. But I support Barack Obama with every means available to me, despite my geographical inability to elect an American president.
I don’t support Obama because he is perfect, but because he is the better of two evils. Being one man having that much responsibility over a country that is so diverse and complex, must be the most startling feeling you can have.
This video shows why the economic crisis has to come to the point where the US government has to support the free market by investing money in risky business. Hopefully, all of the money will return to the government – maybe even with a little extra for the effort. And Obama is also a part of why this happened in the first place.
A lot of people (myself included) isn’t quite sure why the crisis is so massive all of a sudden. This video – despite it’s Republican premise – gives information about why the Subprime-mortgages were probably one of the worst ideas in the history of economics.
Remember, I’m not Republican. i despise Sarah Palin (which is more important than what I feel about John McCain, since he will probably not be physically able to fulfill his term as President, and then we have the scariest woman in the world as leader of the free world) and I hope as many people as possible will come out and vote, come November 4th.
YouTube – Burning Down The House: What Caused Our Economic Crisis?.