First decline in online sales ever
This is bad, even in the 2000 dot com crash we did not see a decrease in online sales. Guess what, this year, 2008 we see the first ever decline in online sales. Many stocks like amazon and ebay are down. Why are online sales down for the first time ever.
Mostly, the reason is our economic crisis is getting worse. I told you this was going to happen. Christmas sales are way down, even less decoration this year as people cut back on spending. Many retail stores will close, many online stores will close, I even see malls closing...
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