dear Pos Adler and Mopo Ive been thinking about this for about 20
years and its been turning out as I suspected,,
The problem as I see it was simple.... historically all economy was
based on a unbalanced " Musical chair"
syndrome. In other words it was always based on propped up artificial
concepts.. that all tied to artificial
economys. The problem I see was the" speed of Internet" as being the
pivitol point of downfall... because the
base support of the economy was and it the middle class workers that
Bought the ' STUFF' cars , homes, computers and volume... thats the
achilles heal
The Pay of this class was modified and peaked with artificle re-finance
tactic that where the undoing.
The mind set of the buyers was to get stuff as a form of security. Yet
many leveraged the debt by basically gambleing future earnings and sales
that where now not there.
With the depreciateion in Real estate, and the stock market all the
imaginary gains have now become
obselete.
So in summery the cash flow of all markets are now beeing reset to
pre-90's or even 70's prices..
Look at wages... many in the blue collar are roled back to 10-15 hr...
yet the average houshold food, gas and operating Budget has doubled.
answer= Less spending and Low ticket items will be the norm for several
years. Secondary market used goods will flourish, service sectors will
abound, and the collectable market and entertainment will
as historically done be a refuge for many as a form of diversion.
Yet this time its differant and will be a bit harder as basically the
entire world needs to get some order
in personal liability for the ecology, and for treatment of fellow man ,
both ethically, and also by education
of people to use credit and finance in a healthy way.
Otherwise if nort corrected quickly all classes of people with come down
like a tumbling card deck.
if it isnt already too late...
suggestion... prepare to live as modest as possible to weather the
oncoming storm.
get a budget... and if you have some excess investment cash this could
be a great time to buy for future
at same time if anyone had a magic ball they would have saw this coming
instead of trusting thier finacial advisors.
I think the Leyman Brother Fuld guy has the Crytal ball as he netted
350 Million off peoples trust
including My home loan !!!!
the Mayans say the world will end in 2012 so do many doomsdayers
Maybe they were off by a few years !
Personally I think this will all end in a Postive good way...
and I aint giving up ! and I will do my best to help others and the world
so... Just remember that !!!
TOM
Alan Adler wrote:
Mopos -
Given the size of the shake-up (or more to the point shake-down) of
our economy,
it seems like there's been a conspicuous absence of discussion how
this turn of events affects our world of paper.
I know it is perhaps a bit early to tell -
but I am curious how those of us that make even a partial living on
selling posters and memorabilia (include comics, props, toys,
autographs, cards, etc.) are doing.
Are you finding big drops or is memorabilia holding its value?
What do you forsee in the immediate and long term future for material?
Are some things selling better due to the general downswing?
(I.E. Certain types of buyers finding security or at least
tangibility in object investment vs. financial investment?)
Are some things hardest hit due to the above?
Are folks going to the movies more as they did when times were tough
in the good old depression?
How fares our international brethren on all topics?
Just thought it might be illucidating to share our issues, concerns
and observations.
Alan Adler
Museum of Mom and Pop Culture
Visit the MoPo Mailing List Web Site at www.filmfan.com
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