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richardhutnik said:

A crash is what happened in the 1980s.  It means, IF LUCKY, you have one console maker left.  The industry is left way in doubt at this point, and people are unsure it will survive.  Now, do you mean contraction, instead of growth?  That is a different beast.  That involves maybe one console maker remaining.  It isn't a crash, but contraction.

Contraction could be helpful, but a crash is a different animal completing,  In a crash, an industry nearly completely dies off.

http://venturebeat.com/2011/11/14/making-of-the-xbox-1/    The "State of Panic" section. Bill Gates saw the PS2 as an affront the PC.

When I speak about the market, I am speaking of the overall size. As long as consoles continue to sell, the market gets larger. We will see if the market is bigger or smaller next gen. The more consoles that are available, the more people are able to buy games so the market is larger. It is most certainly larger than it has ever been before. Even if there are less people buying games overall, the potential is still there. Disagreements and development hell becomes worse with a larger development team size. Too many people giving their input. I know that Sony's game division isn't doing poorly (other than the fact that it lost them at least $4bn with the PS3 alone), and I said "if Sony doesn't reign in their other divisions"

http://en.wikipedia.org/wiki/North_American_video_game_crash_of_1983   In '83 PC games were a factor. 

Like I said, Nintendo helped spur competition by imposing their own draconian rules on third parties. 38 Studios did buy Big Huge because they had started on a game, they did want it to be an MMO and developed it as such and then it was changed to a single player RPG. Mass Effect 2 was still made by EA even though the developers were Bioware. Like I said, Schilling mismanaged the entire thing. By buying the studio, the office space, moving to Rhode Island, taking out the loan etc....he was mismanaging the budget. Just because I didn't mention every little detail involved doesn't make it inaccurate, it isn't as if the information I provided was false.

"Clearly untrue" and "clearly poorly researched" are gross exaggerations, seeing as nothing is inherently untrue, and I did research. Not including every minute details doesn't mean something isn't true. The article was long enough as it is. The quote here is pure semantics. "Oh no, he said crash instead of contraction!"