There are several things to think about here. First, it's a fabulous
time to get some great deals because so many people are afraid to
spend. It's a good time to invest in ephemera, which is now being
considered as viable as real estate and stocks (????). Same thing w/
real estate, if you know what you're doing (i.e. stay away from
property that is hurricane prone). Cars - BAD time! They'll all be
changing in the next few years and you don't want a brand new out-
dated inefficient model that you can't unload.
If you have an incompetent mortgage, best not spend. If you're OK,
spend some and stash some. The thing is, you don't want to panic to
the point where you're wary of investing. This economic thing will
fade, you'll still be alive and the ephemera can help pull you back to
where you were. The thing is: restoration will be all the rage.
Waste not, want not, right? Well, it goes along with being green;
don't throw it away until it's really beat. Restore, repair, re-use.
Now about those Mayans... if they're right, at least you went ahead
and bought that poster before we all croaked! Also, go ahead and eat
carbs, sodium, and fat grams. Pass the dark chocolate, please!
Andrea
On Oct 8, 2008, at 3:34 PM, Tom Martin wrote:
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
___________________________________________________________________
How to UNSUBSCRIBE from the MoPo Mailing List
Send a message addressed
to: [EMAIL PROTECTED]
In the BODY of your message type: SIGNOFF MOPO-L
The author of this message is
solely responsible for its content.
Visit the MoPo Mailing List Web Site at www.filmfan.com
___________________________________________________________________
How to UNSUBSCRIBE from the MoPo Mailing List
Send a message addressed to: [EMAIL
PROTECTED]
In the BODY of your message type: SIGNOFF MOPO-L
The author of this message is
solely responsible for its content.
"Let us resolve and work toward achieving some very simple
propositions: There are no acceptable limits and there are no
acceptable prejudices in the twenty-first century."
- Sen Hillary Rodham Clinton
Visit the MoPo Mailing List Web Site at www.filmfan.com
___________________________________________________________________
How to UNSUBSCRIBE from the MoPo Mailing List
Send a message addressed to: [EMAIL PROTECTED]
In the BODY of your message type: SIGNOFF MOPO-L
The author of this message is solely responsible for its content.
