I think there's a wishful side of us all that hopes business picks up, whatever our businesses may be. But Citibank just posted a net loss of 2.5 billion dollars from people having trouble paying home, auto, and credit card debt. The effect of high gas prices on e-commerce may be just a blip compared to the effects of job losses, hiring freezes, empty storefronts, and foreclosures. I'm pretty sure that people will continue to buy food and gas and other necessities. Readers will continue to buy books - they can't help it. Internet services, like online banking, will endure. But consumer luxuries purchased online? Ouch.
Michael Micheletti On 7/11/08, Angel Anderson <[EMAIL PROTECTED]> wrote: > A friend is a writer for an LA-based appeal newspaper and he was wondering > what the folks in the Interaction Design community might have to say about > this question: how will rising gas prices affect e-commerce? ________________________________________________________________ Welcome to the Interaction Design Association (IxDA)! To post to this list ....... [EMAIL PROTECTED] Unsubscribe ................ http://www.ixda.org/unsubscribe List Guidelines ............ http://www.ixda.org/guidelines List Help .................. http://www.ixda.org/help
