I know this is off the topic of the thread but since there are some related issues about illigal immigrants and China. I would like to add my two cents. I love the people who takes care of my yards. I don't care where they are from. They charge half the price the local company wants to charge me. They come on time. They do their job and leave. They do take their times smoking or shoot the bull over the cellphone. As a matter of fact, they do much a better job than the other well-trained "yard technician". Yeah, keep on bitching about China or Dubai. Without their money, I wonder where we are right now but I know one thing that Hillary is or was in China begging for them to invest and to have trust in the US T-Bills.
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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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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- 95 posts total
Very good question, it is not likely you will see a big reduction in price on retail unless the company is going out of business but look for falling prices on used gear. If you realistically want to sell used on Audiogon you will have to be willing to compromise on your asking price or not sell at all. Also high ticket items will be a tough sell. During this recession audiophiles are faced with the same economic problems as the rest of the population, and the amount of money allocated to this hobby is somewhat diminshed. I was called a fool two years ago on Audiogon when I suggested that the US economy was heading for a recession & facing hard times. Do I have a crystal ball? no not really but because of my occupation I was around alot of older folks who lived through the great depession & knew the warning signs. Also when top executives in this country can no longer be trusted to govern Americas institutions, business or otherwise, we have a serious problem. Republicans believe in deregulation but that only works when these institutions are honest & can be trusted. Sorry but my two cents. |
Republicans believe in deregulation but that only works when these institutions are honest & can be trusted. Good one. Yes indeed what can we "trust" - the problems run deep! "Trust Me" the wild claims are all bona fide from Speaker cable and interconnect manufacturers (especally above $100) Global Warming Alarmists and the IPCC The next new wonder drug, diet or herbal remedy The always low government reported Inflation figures Food safety (especially dog food, babies milk and kids chocolates) Drug enhanced atheletic perfroamces Under age olympic gymnasts Did anyone read about how hard Markopolos tried to warn the SEC about Madoff (many years ago)? Just WHO can you trust and WHO can you turn to these days? (The silence is deafening) |
- 95 posts total