Reconsolidation Loans

John Carlton writes today in his blog:

...Here’s what I’m talking about: The Web has “officially” become the Number One source for advertising for many of the culture’s biggest advertisers — a year earlier than predicted. Gazillions of bucks that used to be channeled through “traditional” media (newspapers, magazines, direct mail, television, radio, etc) have now been measurably diverted online.

For the people who keep track of this sort of info, this news is astonishing and troubling (if not unexpected).

The entire foundation of our capitalistic economy is shifting, and most of the former movers and shakers simply are not prepared for the change.

The obvious signs of upheaval are the disappearance of entire market segments. Like most of the music-selling stores (Tower, Wherehouse, your favorite former local hipster CD haunt)...

Read more at his blog.