As someone who is unemployed (so much for having a Masters degree in Information Systems), NO WAY do I buy a videogame system. I will look for deals on games, when the time is right, but not buying a new game system. I have time to play.
What needs to be understood is there is a strong chance that there will be a fundamental shift in the way the economy works. We are in unknown territory. Retailing isn't likely to be the same, and anyone who is banking on things being that, is setting themselves up for disappointment.
The word is "deleveraging" which means a LOT less borrowing. It also means contraction, and despecialization. A place like Gamestop could end up going under if trends continue. Process that a second, a world without Gamestop.
Will videogames disappear or PCs make a large comeback? I doubt it. But do expect contraction could happen. A maker like Sony could pull out, or even Microsoft. We just don't know.
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