they do say that when it all unravels it will be fast and widespread..
alarmists would no doubt be disturbed by reports on bbc business this morning..
1) i.b.m. have to rush out renewed major drops in profit..down to $1.? billion..which given the size of ibm is not much of a margin between profit and loss…eh?
2) samsung have announced major falls in predicted profit..samsung make chips for just about everything..so is an important bellweather for the industy..
3) sony ericcson announce a predicted profit drop of 65%(!)…
the markets in usa and europe have reacted to this disturbing news by heading south….
if those three big players went pearshaped…unravellings would be rampant….whoar!