[LINK] Financial Collapse from Web Reintermediation?

[Jan Whitaker]

At 08:48 AM 1/08/2006, Tom Worthington wrote:
>There also seem to have been a lot of ads for telecommunications companies 
>which have no telecommunications infrastructure. Rather than 
>disintermediation, the web is providing for new layers of service 
>providers, each as thin as a playing card. This gives me an uncomfortable 
>feeling that with a small increase in interest rates this house of cards 
>will collapse and we will have a combined financial crisis and dot.com crash.

nah, don't think so. Debt consolidation brokers aren't new. The web is just 
another part of the 'advertising' mix and user interface. Doesn't mean they 
are or aren't dodgy, they just aren't outlaying the rents for the 
storefronts. :-)

But I like your new word: reintermediation.  Took me a minute to get my 
head around it. I guess all those disintermediated middle managers and 
supervisors from branch closings and downsizing in the banks had to find a 
job in their field of interest somewhere!


Jan Whitaker
JLWhitaker Associates, Melbourne Victoria
jwhit at janwhitaker.com
business: http://www.janwhitaker.com
personal: http://www.janwhitaker.com/personal/
commentary: http://janwhitaker.com/jansblog/

'Seed planting is often the most important step. Without the seed, there is 
no plant.' - JW, April 2005
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