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Wednesday, May 06, 2009

retail about to get MAULED

Currently we face financial armageddon which did cause a deep and sustained economic crisis. The number of jobs continue to shrink toward 2011, despite forecasts of an economic recovery. Sadly many of the few new positions created will be fast food jobs that pay minimum wage.

OK, as more retail stores close down we will see more "ghost mall" in what were once average areas. The future of shopping will be over the internet. People will do "windows 7 shopping" over the web. This will create jobs in India as most web pages are created by overseas sweat shops that pay workers 50 cents an hour.

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