[QUOTE="Innovazero2000"][QUOTE="Verge_6"]Well, firstly, we're not really in the depression stage yet. Why, not one person has jumped to his death on Wall Street :P
If history is any indication, things that bring us joy and entertainment usually sell MORE during economic recessions. However, said objects of joy and entertainment didn't usually run $400, so it's up in the air. I see this economic downslide, if it remains at the level it is at currently, effecting Sony itself more than the consumers. However, should things gets worse...
darthogre
we are about a spit away from a depression, with the stock market crashing...there has been a 2 trillion loss in 401k and savings. Foreclosures out the wazu, sales are down for companies which is leading to a 6+% in national unemployment and climbing. Then you have a bailout plan that most americans didn't want, and now because the US is the financial capitol of the world, other countries are starting to feel the credit crysis.
1) unemplyment rate held steady and did not climb last month
2) there was a similar stock market hit before and after 9/11. It essentially recovered in a year or two.
3) most americans don't know what they want. Bush didn't look like he knew what the bailout plan was going to do.....how would the average american be for or against something they don't understand at all?
It's hillarious....you have a bunch of people saying the great depression is upon us....give us money or else. People are looking at each other because it's not like everyone is unemployed (points to unemployment rate not moving) and aside from some losing their house they could not afford, everyone just has to adjust their spending habbits. That's where the confusing part comes in....someone is trying to convince us that we are all going to be unemployed and living in a cardboard box within a month if we don't get the money.....most can't understand why or what is going to cause this. We are just supposed to trust them lol
Again kids please stop with your limited naive understanding of economy and your made up facts!
PLEASE READ
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