Iron Lore Closes!
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February 28th, 2008, 19:17
Given the overall economic climate, I think we'll see a lot more of this over the next few years. The debt bubble has collapsed (intentionally?) and the unwind will continue for quite some time. Debt is going to kill in these times. Just take a look at the explosion of foreclosures and bankruptcies in the US.
Unfortunately, what this leads to is a further consolidation of resources and market control into the giants EA and Microsoft. The big (rich) get bigger and the small (poor) get eaten or die off… nothing unusual there, just that it's going to be more pronounced in this period.
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