Sunday, March 07, 2010
Out of business
What the recession looks like
London, ON, March 2009
It's easy to treat the economic downturn as a kind of abstract, something that exists only in headlines. But walk around your neck of the woods and I'm sure it won't be long before you see the physical impact of it all. Namely, when folks lose jobs and lose confidence, they stop buying stuff. Which forces businesses like this out of business. Which causes more folks to lose jobs. And so on. Fun little cycle, isn't it?
I've driven by this storefront countless times since I first took this. It's still empty. Sadly, most of the adjoining units in this tired old strip mall are just as bare, waiting hopefully for the day when life will return here. I often wonder if that day will ever come.
Your turn: What does the economic downturn look like where you are? If you've got a monochrome picture to share, head here.