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Tuesday, March 31, 2009

economy slows down even for google

Yes, even internet giant google is feeling the effect of our economic crisis. Online sales are down and spending on internet starts to cool. This is due to an overall slow down in the financial world. In fact, some industries like real estate and finance were devastated by our current mild depression/severe recession.

I predict that we will see even more severe recession going forward. Today it was reported that housing was down a record 20% and it is still falling. People are starting to get worried as things get worse.

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