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The TV Industry Is Terminally Ill

Games based on TV shows do not have a strong record and, if they were prioritized, would not materially change the fate of TV industry players in the next few years.

Quite a lot of effort is put into exploiting the programming library actually, and it provides a substantial portion of television companies' revenues.

Is the Second Great Depression Imminent?

In commodities, if you're right but you're 30 days early then you're wrong. Oil production is declining right now, but economic activity in the US and Europe will decline rapidly too, which will drive the near term price of oil down (during 2009, let's say). Oil producers control their output but they are not indifferent to their total revenues. In fact, the stability of their (autocratic) regimes requires a certain flow of oil dollars. So they will produce, and ultimately they will blink and produce more as prices decline, which will drive prices down further. Under the circumstances, the likelihood that OPEC will fall apart is greater than that the world will be driven into depression by high oil prices in the next few years.

The underlying problem is still that real estate prices in London, Hong Kong, Los Angeles, Singapore, Tokyo and Las Vegas are still absurd, and buyers know it. Those markets have another 25%-40% to decline, which will lead to asset deflation, pressure on financial institutions and many unpleasant things. But high oil prices in the next 24 months won't be one of them.