Quote of the day–Rupert Murdoch

As you all know the downturn we are operating in is more severe and global than anything we have seen before.

We are in the midst of a phase of history in which nations will be redefined and their futures fundamentally altered. Many people will be under extreme pressure and many companies mortally wounded.


Rupert Murdoch
February 24, 2009
Peter Chernin’s little shocker
[Risk and opportunity abound. Keep your eyes open for both. I’m listening to The Black Swan which appears to be applicable to the times as well.–Joe]

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