Despite talk of doom and gloom for 2009, business leaders see opportunity
Sunday, November 23rd, 2008
During the week of one of the biggest electronics components trade fairs in the world, which took place in Munich a couple of weeks ago, you would be hard-pressed to see where were the signs of the down-turn that we’d been hearing about for several weeks. OK, so visitor numbers were down by about 6,000, hitting around 72,000, but for anyone who was there it was both difficult to get hotel rooms, and book travel to get there in the first place, unless you’d booked months or even a year or more prior to the event.
So what’s the story? Why didn’t we see everyone drowning their sorrows at the show or whingeing about the bleak future? And is it really bleak or is there a silver lining? (more…)