Difference between revisions of "Economic Trouble in First Life"

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Shell & BP slowly begin stockpiling oil to increase their reserves.
Shell & BP slowly begin stockpiling oil to increase their reserves.


== 2009: Growth halted ==
== 2009: There is no bubble! ==


Economy growth halted
Second Life, now a part of every wordbook, faces it first growth slowdown. But due to the immense size it has grown, the slowdown is hardly noticed. However, several business analyst question the business model of Second Life suggesting it might be the second bubble that could break. Linden Lab, now a multinational company with over 2000 employees, claims these reports as incorrect and highly speculative.
 
Rising tensions in the Middle East drive oil prices up. In an effort to secure interests the US increase their presence in the Middle East. In the same year the U.S. announce large donations in alternative energy research.


== 2010: Crash! ==
== 2010: Crash! ==

Revision as of 14:51, 4 April 2007

2007: Business prosperity

Second life shows an exponential growth as their growth rate more that triples. The continuous presence in the media contributes to the success. Second Life shows its potential in E-commerce. Supermarkets open virtual shopping malls where customers can fill their virtual shopping basket which will eventually be delivered at their real door or are made ready for pickup by the customer. As the presence of businesses in Second Life continues to grow even non-commercial and governments show an increasing interest in Second Life.

World economy shows promising growth rates while unrest in the Middle East slows down. US and British troops prepare for an early withdrawal as popular Iraqi politicians manage to unite the country. China continuous to show a growing interest in the Africa continent and enables for a slight economic growth.

2008: And the bubble grows

Second Life is now a commonly accepted economic market. Most global companies have their businesses represented in Second Life and most of them conduct at least some type of e-commerce in Second Life. The first “virtual businesses” which only exists in Second Life are reported. Wikipedia is ported to Second Life creating a virtual library with almost unlimited resources. In an effort to keep up several search engine companies introduce a Second Life search. Linden Lab and Nvidia’s introduction the first hardware accelerated 3D version of Second Life adds to the endless growing media attention for Second Life. South Korea reports the first Second Life addicted citizens and introduces special “Second Life rehabs”.

World economy <insert stuff about unstable dollar, growing begrotingstekort US>. But overall economy is still showing a growth rate.

Shell & BP slowly begin stockpiling oil to increase their reserves.

2009: There is no bubble!

Second Life, now a part of every wordbook, faces it first growth slowdown. But due to the immense size it has grown, the slowdown is hardly noticed. However, several business analyst question the business model of Second Life suggesting it might be the second bubble that could break. Linden Lab, now a multinational company with over 2000 employees, claims these reports as incorrect and highly speculative.

Rising tensions in the Middle East drive oil prices up. In an effort to secure interests the US increase their presence in the Middle East. In the same year the U.S. announce large donations in alternative energy research.

2010: Crash!

Depression

2011: Instability

Economy crash

2012: Nuked

Linden Lab closes