Right on PhD!
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
.
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
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) |
Another post-modern era has just passed us by, LOL. Humans will continue to make mistakes till the end of time. I can already see another post-modern era coming, you can bet the world improvers already doing their planning. Privatization was the delusion of ideologs, they truly believed they were honest geniuses, a superior race leading us into material utopia. And then there were the liars and scammers to pick up from the delusional. Can you imagine if we had privatized the social security system! History will definitely be LOL! And then, I can't imagine a less efficient means of redistributing wealth, the financial sector has created so many derivatives and investment vehicles, money gets turned over dozens of times, each entity gets their fee/cut of that original investment. I would suggest the whole thing is a Ponzi scheme gone wrong with the gvt. (us) holding the bag! I would even suggest many of these guys could forsee a collapse and gvt. bailouts, they would make off with millions and leave us holding the bag. Otherwise they're just plain idiots. What happened to a time when a local bank loaned you the money for your house, held the note for the life of the loan. I know, the financial gurus will tell you that is a slow way to accumulate wealth, we need to have a huge credit market so people can have everything they want today. Well, you see where that's gotten us. And then, can we trust gvt? Aren't these the geniuses who allowed Madoffs and credit default swaps! And so, who can we trust? |
- 95 posts total