The economy of the early 21st century

Christmas shopping season is approaching and online sales will be soaring in the same time. As we know it a lot of the purchases are done using credit cards, and specially when it gets to online sales, not all products are actually physical, and not all of those virtual products bring much value to the buyers.

I guess one of the characteristics of the early 21st century economy is the fact that many people spend money that doesn’t exist, on products that don’t exist, but they still have to work their behinds off to pay the bills with real work, or accumulate real debt!

I love Capitalism! 😀

[tags]economy, commerce, ecommerce, Christmas, shopping, debt, credit card, consumerism, online sales [/tags]