This is going to have a global effect on all economy's .. Think about it if the US has less money to spend which will happen as we are going into a repression. Then that means Less products will need to be made. Well as most know most of our products are made over seas, that will mean less jobs for you as we will not need the products. So less jobs for other countries means less money for them as well. Also we will not be spending as much so there for the online sales may job. Depending on where you market your product. Banks world wide are failing and having problems so it is not only a US problem any more. http://seattletimes.nwsource.com/html/nationworld/2008234555_econcountries07.html http://blogs.cgdev.org/globaldevelopment/2008/09/us_financial_crisis_will_mean.php Just read these and do a search for it you will see that it is not only a US problem and will effect everyone online and off line
I think it will hurt online sales of goods to a certain extent, but will help business opportunities since more people may be looking for a home-based business
Yahoo layoffs is one of the real impact http://tech.yahoo.com/news/ap/20081021/ap_on_hi_te/earns_yahoo
The good news is if there is a slump it will not last forever and even the television news channels will eventually grow tired of constantly asking if the corner has been turned or if we have entered recession etc etc.
yes each people has to affected because of this crisis and after all our 75% online business depends on mortgage, Financial, Real asset, Auto motive industry, food industry, etc. and they are all fells deep crisis and losing their strength so after all we have to suffer not directly but indirectly.
Exactly! And all those millions of homeowners not able to pay their mortgage? Same thing... Less money for spending... What about the confidence level? Hasn't the online business world benefitted a lot from confidence in technology? What if people become even more scared of buying online? I think they already have...