Wednesday, January 21, 2009

Can we use the "D" word yet?

Intel Corporation, whose microchips drive virtually all high-performance personal computers (other than a few driven by AMD), is laying off 5,000 workers and closing five plants and will experience its first loss in 22 years.

This is more than the canary croaking in the coal mine. This is a whole freakin' *flock* of canaries croakin' in the coal mine, all at the same time.

-- Badtux the Economics Penguin

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