News and Guides - My Green Corner » About web industry during crisis…

There are a lot of rumors going on these days. People are talking about one of the worst periods of our lives, period that will come in the following years. The rumors are becoming reality. The crisis is already started in US and in several countries in UE. For example, in my hometown, several factories have been closed. Some of them were opened for over 15 years. Many people that worked there and have loans now find themselves in impossibility to pay the rates and loose their homes. Things are starting to go very bad for small investitures as well. These people were relying their business on big players. If big companies go down, they will take with them some of the small activities that were being performed around them and some people will loose here.

The overpriced real-estate market is in the air as well. In my hometown, a flat with 2 rooms was around $100000 when the crisis started.  This price is way too much, in rapport with the medium salary from our country which is $350. In Bucharest, prices were even higher. The same flat could be bought in Vienna for $80000. There is no logic in that, is it? Now real estate investors are loosing big time, as prices are falling like a rock.   

The web industry is sensing the crisis as well. People have less money for advertising. It’s obvious that big PPC programs like Adsense will try to improve their profit because they will make less money. These will reflect in the profit of small webmasters. The internet will not be as accessible as it was. The land of all opportunities is now closing its virtual gates. 

All the countries should now protect their people and adopt some protective measures, at least during these years. New business should be encouraged, especially the ones that will activate on the web, because the internet is the answer to low cost advertising and mass information needs of humanity.

Wishing you all good luck…

Dugu