HappySqurriel on 15 February 2008
akuma587 said: Price drops are already making the PS3 and HDTV's affordable. Retailers are really pushing HD because it has so much higher of a profit margin than the older breed of TV's. HDTV prices at places like Wal-Mart are already accessible for 50-75% of Americans.
|
Think about it this way, Americans will face:
- Mortgages worth more than their house, effectively eliminating refinancing and home equity lines of credit
- High credit card debt
- Falling stock markets
- Bank Failures
- Higher unemployment
- Tougher lending standards (often requiring 20% down to buy a home)
And you expect people to continue throwing away perfectly good TVs to buy a new TV because it is new?
