Kzoellner said:
congrats on your escalade???? Most of america before this time of troubles couldn't afford an escalade either. Dude people have money. If people who want to spend money they will. This is not the great depression. If i wanted to go out and buy an escalade i could too. The choices people are making is on their own. I never said microsoft would go broke. I am saying if PS3 dropped the price microsoft will fight to the death it seems. We all know that PS cannot drop the prices anymore.
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Cool deal, that just means that we are on the same page.
Like I've alway said... the PS3 is the better console in the technology arena (and really I think the $399 price is a bargain for what you get). Most people however, don't want to spend that much to dip their feet into the entry waters of the PS3 world. They will however spend about $200.00 to do the same in the XB360 world.
And don't discount the current economic crisis. The great depression wasn't an overnight phenomenom either. It took 3 years after the crash prior to the actual depression starting.
This credit crisis is a real threat to the economy. I have 800+ FICO score, and keep a virual zero balance on my cards (always pay in full) but even my cards are not getting their credit increases like they were a year ago. After the holiday season is over, it's going to get worse before it gets better.
Long story short, people want to spend less money... and really that is a rule that transcends economic troubles. Yet, in a weak economic atmosphere it only becomes that much more important. The consumer confidence levels are at the lowest they've been this decade, and that equates into people spending less money.
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