Tuesday, June 23, 2009

Ten indications the Financial Crisis is not over yet (1)

While riding the metro to the bus terminal the other day I noticed that a lot of the advertisement boards at the stations were showing the same generic poster of the company owning the boards. They can't find companies to hire the advertising space so they prefer to put up their own poster instead of showing a blank board.

You'd assume that they would lower their pricing if they can't find any clients, so does this mean that every company lowered their advertising budget to almost zero? Since then I've noticed more "this space is for rent" advertisements and am wondering: is the number of these kind of advertisements an indicator of the state of the Financial Crisis?

Let see if we come up with nine more indicators, don't be afraid to leave a comment. 

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