Posted to Adelaide Now (29/10/2011) on 29/10/2011 at 5:15 AM
Commenting on “Online threat brings high street prices down”
http://www.adelaidenow.com.au/business/online-threat-brings-high-street-prices-down/story-e6frede3-1226180035831
Just less than 5 decades ago, footwear and clothing industry could not compete with cheap imports; the industry is now almost vanished. The early oil crisis caused the tumble of demand of large cars produced in Australia. Japanese gained strong foothold in Australian car market with less fuel hungry and much cheaper small cars. The Korean followed. The Holden-Ford's domination started to decline.
These and many other manufacturing industries employed a lot of workers, and those were the days no one had any trouble getting a job or two. The continual growth of online shopping will kill off the retail shops; the consequence is a total destruction of Australian shopping centres and cities. The ghosts of unemployment will rise from Hell, creating massive job losses and building ghost towns. If business people don't make money, less people will be employed. Cynically speaking, the one that loses the job could be the one buying all their goodies from online overseas stores.
Commenting on “Online threat brings high street prices down”
http://www.adelaidenow.com.au/business/online-threat-brings-high-street-prices-down/story-e6frede3-1226180035831
Just less than 5 decades ago, footwear and clothing industry could not compete with cheap imports; the industry is now almost vanished. The early oil crisis caused the tumble of demand of large cars produced in Australia. Japanese gained strong foothold in Australian car market with less fuel hungry and much cheaper small cars. The Korean followed. The Holden-Ford's domination started to decline.
These and many other manufacturing industries employed a lot of workers, and those were the days no one had any trouble getting a job or two. The continual growth of online shopping will kill off the retail shops; the consequence is a total destruction of Australian shopping centres and cities. The ghosts of unemployment will rise from Hell, creating massive job losses and building ghost towns. If business people don't make money, less people will be employed. Cynically speaking, the one that loses the job could be the one buying all their goodies from online overseas stores.
