Quote:
Originally posted by tradermcduck
tipsy,
why are so rude???
I don't think the effect will be just some % - if the stock market goes up again I agree with you. But from my point of view the Dow will be at about 5000 for quite a long time. However I could be totally wrong concerning the stock market...
By the way I am getting my Master in economics this year :-)
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You're gonna fail the masters if you can't grasp the basics. And you can bet I'll be rude to an ignorant asshole when he tells me I'm talking bullshit. The dow may be at 5000 or less but that has little to do with adult sales. The fact that you're only just getting the masters means you haven't been around long enough to experience and understand the real impact of stockmarket collapses and downturns in the economy especially in this business. It's very clear that you've put little time into studying the real impact in various market sectors of stockmarket crashes.
I've been fortunate/unfortunate enough to have been in business for the past 15+ years in various sectors incuding non-internet adult and have lived through this crap before. I'll say it again - it will make a difference but only a small one to this particualr industry. There are many things that have a far bigger influence than people losing a few bucks on shares and the odd company going under.