Don't get caught up in the fear that the press is spreading. This country had 3 and 1/2 millionaires in 2006 and this country drives 40% of the global GNP.
Bongofury, don't you mean "3.5 Million Millionaires"?
The Economy.. will hi end audio mfgs lower prices?
.
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
.