<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/7ac489af-70f6-4c69-b1ae-15e3caee2912/481B56B8-80B4-46FA-8310-F476F31561CC/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://smartpei.typepad.com/robert_patersons_weblog/2009/07/the-old-economy-is-not-coming-back.html" href="http://smartpei.typepad.com/robert_patersons_weblog/2009/07/the-old-economy-is-not-coming-back.html" style="font-size: 11px;">smartpei.typepad.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://smartpei.typepad.com/robert_patersons_weblog/2009/07/the-old-economy-is-not-coming-back.html">The Old economy is not coming back</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://smartpei.typepad.com/robert_patersons_weblog/2009/07/the-old-economy-is-not-coming-back.html">Media - Jobs in news papers and TV and Radio are not coming back.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://smartpei.typepad.com/robert_patersons_weblog/2009/07/the-old-economy-is-not-coming-back.html">Cars sales jobs</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://smartpei.typepad.com/robert_patersons_weblog/2009/07/the-old-economy-is-not-coming-back.html">Forestry jobs as we know them now - no papers and no construction.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://smartpei.typepad.com/robert_patersons_weblog/2009/07/the-old-economy-is-not-coming-back.html">Teachers</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://smartpei.typepad.com/robert_patersons_weblog/2009/07/the-old-economy-is-not-coming-back.html"><li style="margin-left:16px;padding-left: 0px;">Retail - how are folks who cant afford food and who are maxed out on their credit cards going to rush back soon and buy stuff they don't need from China? </LI></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://smartpei.typepad.com/robert_patersons_weblog/2009/07/the-old-economy-is-not-coming-back.html">Advertising and marketing - no papers, no TV and no radio</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://smartpei.typepad.com/robert_patersons_weblog/2009/07/the-old-economy-is-not-coming-back.html">Banking and financial services</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://smartpei.typepad.com/robert_patersons_weblog/2009/07/the-old-economy-is-not-coming-back.html">Real Estate sales</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://smartpei.typepad.com/robert_patersons_weblog/2009/07/the-old-economy-is-not-coming-back.html"><li style="margin-left:16px;padding-left: 0px;">Farmers - they are going broke all over</LI></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://smartpei.typepad.com/robert_patersons_weblog/2009/07/the-old-economy-is-not-coming-back.html">Fishermen</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://smartpei.typepad.com/robert_patersons_weblog/2009/07/the-old-economy-is-not-coming-back.html">Family restaurants - who can afford to go out? </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://smartpei.typepad.com/robert_patersons_weblog/2009/07/the-old-economy-is-not-coming-back.html">Family tourism - who can afford a routine vacation</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://smartpei.typepad.com/robert_patersons_weblog/2009/07/the-old-economy-is-not-coming-back.html">government </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://smartpei.typepad.com/robert_patersons_weblog/2009/07/the-old-economy-is-not-coming-back.html">with a collapsing revenue side - there will be huge cuts.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://smartpei.typepad.com/robert_patersons_weblog/2009/07/the-old-economy-is-not-coming-back.html"> Pensions - how will they hold when nothing else is? </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://smartpei.typepad.com/robert_patersons_weblog/2009/07/the-old-economy-is-not-coming-back.html">There is a lot more going on than a correction - there is also a revolution going on.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/481B56B8-80B4-46FA-8310-F476F31561CC/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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