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In a recent article, which I could see there could be the bubble burst to start from the social media to e- commerce companies in US. Trump published a tweet which read “Amazon is doing great damage to tax paying retailers”. In 2017 alone, there's been a bigger impact on the stores in US-either by filing for bankruptcy, closing stores, or missing crucial debt payments.The list is continuing day by day…

 

I do certainly agree to it. It is a good proposition for the companies to reach every corner of the world through the power of Internet/social media. When a matured economy and superpower has realized the fact that the Tax payer retailers are facing the issue and the due to them the economy of the country is going down and this is the right time to wake up, else things will be late. "It's not that retailers are closing because Amazon is expanding. Rather, its seems that Amazon is expanding because retailers are closing." indeed, such moves are creating a vicious cycle that's accelerating the death of some brick and mortars. It has been reported 17 stores are completely destroyed by Amazon.

 

A recent report published on the overvalued of stocks now make up 54.33% of our stocks assigned a valuation and 19.3% of those equities are calculated to be overvalued by 20% or more. Amazon is the No.1 company in the sector of e-commerce and also known to be the world’s most customer-centric company, and one can get anything and everything they may want to buy online starting from books to music, DVDs, consumer electronics, toys, camera, software, computer hardware, lawn and kitchen products, wireless products and many more. Sources also confirmed, apart from host of companies Amazon has, the prominent one is The Washington Post and Alexa is owned by Amazon CEO Jeff Bezos.

 

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