The Economy.. will hi end audio mfgs lower prices?


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The state of California just laid off 20,000 employees. National unemployment is at a 30 year high.

Will there be a shake-out in high end audio? Will we continue to see $10k preamps and $30k amps?

According to the article below, prices of most consumer goods, especially big ticket consumer goods are going down.

....copy and paste it into your browser

http://finance.yahoo.com/tech-ticker/article/176714/American-Retail-Goods-On-Sale-Now----and-Forever?tickers=sks,%5Egspc,%5Edji,wmt,jwn,wfmi,cost
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128x128mitch4t

@rodman99999 

Well, the great crash of 2008 was also due to corporate greed.

You could call it a practice run.

Corporate greed has moved on in leaps and bounds since then.

And this time the government isn't even bothering to hide the fact that they're in on it too.

 

Last time we were told that there was no plan B.

This time, there doesn't even seem to be a plan A.

[I don't consider an endless war over Ukraine and Russia a plan].

 

Sorry Mr Schwab, we've all seen your plan, and no thanks.

 

Perhaps I can interest you and your associates in my plan?

To begin with let me introduce you to my business partner, Mr Guillotine.