Tech Town, NC

Nick Denton says media is doomed (in the near to mid-term).

Adeo Ressi says the VC model is broken.

Nouriel Roubini has been saying for a while now that the US is nearly bankrupt.

Call them all pessimists, but they’re having their day right now, Roubini especially. When everyone else wants to say “Things are bad, BUT…” these guys have the fortitude to say “things are bad, AND…”

It’s hard to argue against them at this point. The only question in my mind now is, who’s the next prophet of doom?

Am I scared? No. But I know that nothing’s going to come easy, now or in the foreseeable future.

* Does “Foreseeable Future” even mean anything at this point?