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Cobretti2 said:
archbrix said:

Finally, again, the economy is quite different today than it was six years ago.  While people are still willing to spend money for the holidays, you're not going to see the WiiU - or a newly released PS4/NeXtBox - hitting remotely close to $9000...


This is so true. When I visited America during the holidays in 2006, everyone was crazy spending (even the people I was staying with).

When I visited them again in 2008 (this was before the crash), all they could talk about is how they don't know if they will have a job, how fuel is expensive, how this is expensive. I perosnally found it amusing as petrol comapred to Australia was DAMN cheap still. They were so worried about their financial situation that they would not even spend $5 on a pack of 24 coke cans t walmart. To me that was like a no brainer don't think twice as 24 pack of coke in Australia was about $30 at the time.

 

I guess the point I am making, if there were signs back in 2008 of people starting to worry, I can only imagine what 2012 is like in the USA.

It's improving, but it's not the same. People are much more cautious about their spending than they were in 2006. Anything considered a "luxury good" doesn't earn as much as it did pre-recession.
I actually never thought about how the recession might've affected sales. Good point, sirs.