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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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mitch4t

Showing 1 response by stltrains

stltrains
845 posts
 
Heres my thoughts since we are in a hi end hobby expect luxury tax from the liberal movement soon. With a large part of our taxes going to illegals and citizens that are on welfare it leaves us the working sheepel to pay for all of this big government spending. Hope i'm wrong, from what i've seen so far we are in Big Trouble moving from a free market country to a socialist society. We will have a state run audio company who will provide us with gear.

Better listen to your music now while you can before the bubble bursts.
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