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yushire said:

Its abit far fetched doesnt mean it will not be impossible. As of now, in 2009 alone the console sales on NPD significantly drops by 50 percent. I think there are core gaming implosion will happen if not a video game crash. Thoughts?

I am someone, in my teen years, who saw the videogame crash of the 1980s, so I will comment from what I saw back then.  In that day, videogames were a marginal part of people's lives.  They were there, but not really considered an essential part.  Arcades were still around.  End result was a crash happned, as was there was mass contraction of the industry.  Today, videogames are an essential part of people's lives, so a crash like that isn't likely to happen.  We could see some restructuring, but what happened in the 1980s isn't likely to happen here, as I see it.