America is literally a bad stock market week away from another Great Depression. I know I have stopped buying movies altogether, let alone paying a bit extra for Blu-Rays. I'm going to have to buy fewer games this fall than I would usually as well. And it's going to get worse before it gets better. Taking up new technology is the last thing on lots of family households at the moment. And the economy getting worse is bad news for the PS3 as well.
Oil had finally dropped into the $90's per barrel and the financial world started crashing and there's gas shortages in the Southeast and it just jumped up into the $120's again. As much as people would love to spend money on better toys, it's just going to have cool down for awhile. The British government, for example, actually came out and told its citizens that their standard of living WILL drop in the next couple years due to the way the world economy is getting destroyed by our lovely government and Wall Street and bad mortgages.
It hasn't shown up in the overall gaming numbers yet, but it is inevitable. And you could argue, as I would, that people's quest for bargains HAS shown up - in a 10-25% of Wii/PS2 sales that might otherwise be the pricier consoles.







