Blogging 101

Tuesday, November 11, 2008

The economy....

Technology seems to be something that will always be in our society....something that is indestructible no matter what. I mean what would we do as a society if there were no computers to watch Youtube clips or check your Facebook on, televisions to see the reports about celebrities, or Ipods to hear your favorite music?!  

I'm pretty sure our society would have to be going through some major problems to let technology disappear...We will always have money to spend on a new camera or phone right?

Wrong!

Circuit City and 17 of its affiliates filed for Chapter 11 bankruptcy yesterday, November 11.  As we all know the company is well-known for its entertainment and technological products and has competed with huge companies such as Best Buy and Wal-Mart since it started on the market...

As no surprise the company blamed its losses to the economy...but how bad is it really?
I know we all hear and talk about it..but c'mon I want someone to give me the details and the predictions for what we should be expecting in the months/years to come...  

www.channelregister.co.uk/2008/11/10/circuit_city_files_chapter_11/



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