Whatever happened to Audiogon during The Great Recession (2008) will happen now. The virus will be history in a few months and the government is throwing trillions at the economy so the jobs will quickly come back. And if people have jobs they spend money, so Audiogon will be OK, but like 2009, people will be hesitant to spend money for a while until the unemployment rate goes down. The thing to worry about is inflation and ten years down the road, because of the debt.
As a long-time market participant, and a student of market history, the herd instinct of human behavior regarding business cycles is pretty consistent and easy to predict. And so are the effects of government intervention. I expect the market to dive again because not enough people have reached "The world is ending" level of despair you see in every recession, although some on this thread have. It will probably happen when the virus peaks around mid-April. Once we reach that level of despair things will turn around.
As long as there are enough people who believe in high-priced audio, Audiogon, being the critical mass site for used high-priced audio, isn't going anywhere.
As a long-time market participant, and a student of market history, the herd instinct of human behavior regarding business cycles is pretty consistent and easy to predict. And so are the effects of government intervention. I expect the market to dive again because not enough people have reached "The world is ending" level of despair you see in every recession, although some on this thread have. It will probably happen when the virus peaks around mid-April. Once we reach that level of despair things will turn around.
As long as there are enough people who believe in high-priced audio, Audiogon, being the critical mass site for used high-priced audio, isn't going anywhere.