Re:Brexit Is a Lehman Moment for European Banks
by cm2187 on Sunday July 10, 2016 @01:59PM
(#12066455)
Plus advertising aren't exactly the most stable form of revenues in a downturn. Some investors will be in for a harsh awaking at the next bear market.
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Re:Brexit Is a Lehman Moment for European Banks
by adventured on Sunday July 10, 2016 @09:12PM
(#12068234)
That very much depends on the context of the ad business in question. What stage it's at in terms of expansion and so on. Google zoomed right through the great recession, growing its advertising business while most businesses were struggling. As far as Google's business was concerned, the great recession hardly happened at all.