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Old 04-12-2008, 05:40 PM
 
5,265 posts, read 16,590,017 times
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I read this thread and see that the first post and last post are completely polar opposites and both crazy.....No. The triangle is not going to falter completely and become a black hole that nobody will move to because of some IT jobs being laid off. And no, it will not grow and expand its economy forever and every day will not be better and better forever. Nothing lasts forever. The triangle has a resilient economy, but not impervious. It will feel the effects of the looming recession that's for sure....it took a hard hit from the 01 recession that lasted until about 03, then bounced back. It will take a hit from this encroaching recession and eventually bounce back. It won't "fall from grace" and empty out...and it won't be a shining beacon of hope that is super prosperous forever.
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Old 04-12-2008, 05:48 PM
 
9,680 posts, read 27,163,684 times
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Originally Posted by I'minformed2 View Post
I read this thread and see that the first post and last post are completely polar opposites and both crazy.....No. The triangle is not going to falter completely and become a black hole that nobody will move to because of some IT jobs being laid off. And no, it will not grow and expand its economy forever and every day will not be better and better forever. Nothing lasts forever. The triangle has a resilient economy, but not impervious. It will feel the effects of the looming recession that's for sure....it took a hard hit from the 01 recession that lasted until about 03, then bounced back. It will take a hit from this encroaching recession and eventually bounce back. It won't "fall from grace" and empty out...and it won't be a shining beacon of hope that is super prosperous forever.

Good analysis.
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