Bartering and swapping are booming as the global financial crisis squeezes cash out of the world’s wallet. Web sites and business organizations promoting cash-free transactions are growing, from New Hampshire to New Zealand to Sri Lanka, as unemployment soars and millions are struggling to pay their bills.
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A spokesman for Craigslist, the online classified advertising service, said bartering has doubled on the site in the past year. Proposed swaps listed on the Washington area Craigslist site this week included accounting services in return for food, and a woman offering a week in her Hilton Head, S.C., vacation home for dental work for her husband.
No Cash, No Problem…
March 14, 2009 by smallin
[...] given its open style and the diversity of issues it covers (looking at recent posts we see items on barter, changes to the discipline of economics, financial debates in popular culture, the debate between [...]