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
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Shadorne....thanks for the Markopolos investigation link...it was great reading.
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"who can we trust"

Look in the mirror!

Definitely not this guy:

http://www.buzzfocus.com/wp-content/uploads/2007/08/cartman.jpg
If you think anything that has happened to our economy was due to incompetence, then you have taken the bait and swallowed the Kool-Aid. As Sns pointed out above, an effort was made to include Social Security in this plunder.
Back in 1998 the groundwork for this escapade was laid when W was convinced to run and was subsequently installed. His regime then systematically revised most of our government either covertly or through outright assumption of power.

I believe his mandate was to take ordinary millionaires and convert them to billionaires. The record shows that he was quite successful.
Wondering why only a few posters placed blame on unscupulous behavior?
Too many crooks in the white woods.
& what about the elevnd of seept. The biggest robbery ever.
Worse part of it those that were robbed don't have a clue.
I believe his mandate was to take ordinary millionaires and convert them to billionaires. The record shows that he was quite successful.

Check the latest Forbes' list of current billionaires. The number has dropped dramatically. Success is fleeting.