I'd rather we go in a recession honestly. Then companies can cut prices if they want more consumer spending. Interest rates aren't really the problem. Corporations are still price gouging everything, and now they want more free money. Some of these bubbles correcting finally is good.
Edit: I didn't want to be rude so i deleted the original coment.
Settle down Alanah.
Fed f-d up by keeping the interest low for so long. Now we have a market addicted to easy currency/inflation.
If anybody knew a certain way to predict the moment we hit bottom, they’d be swimming in a pool filled with gold coins like Scrooge Mcduck instead of giving out investment advice on the web.
It really does. So many gigantic expensive games that have been in development for like 6+ years and need to sell many millions to break even. COVID caused a temporary spike in the gaming market and at the same time delayed a bunch of game development. Now there’s like a whole wave of “modern audiences” flops incoming.
PS5 PRO cancelled.
The economy is much different now compared to before. With technology, you can mitigate some risks. General population and global trade also minimizes the risk.
This is a correction, but don’t be fooled if you have extra cash sitting around the next few days will be the time to buy what you believe in.
I think he is referring to Alanah Pearce, who made a statement/video (not sure which, I do not follow her) titled It's going to get worse about the video game industry layoff stuff earlier in the year. A thread was made about it on GAF and as all threads on Ms Pearce go, her pics were posted with wanton abandon and nobody gave a shit about the topic on hand.I am so old I dont even know what this is supposed to mean
Lowering interest rates just kicks the can down the road. Look at how bad things were in 2019 with 0% and thankfully they had a pandemic as an excuse to flood the market with trillions of new dollars which stopped the crash but lit up inflation.
Yep, that dude is full of it.
Rates were at 1.5 to 1.75 because .75 got cut in 2019 due to tariff spat with China.
Like what? No games lol?
wait till they show the games for it imo, but its ur hard earned money in the end so gl
I for one see it as Nasdaq Summer Sale ;0)I for one enjoy it
Companies aren't going belly up because of this lol. Things will bounce back.
I know this just wishful thinking on my part
Which microsoft ceo alt account are u, sarah bond, phil or maybe satya? And can we expect both nintendo and sony aquisition anytime soon if their stocks drop bit more?
I'm just a Sega fan with an irrational hatred of SonyWhich microsoft ceo alt account are u, sarah bond, phil or maybe satya? And can we expect both nintendo and sony aquisition anytime soon if their stocks drop bit more?
Already there.
Apple as well.
Where can you get charts like this?
Beautiful…
In hell and other dark corners of the Planet.
Not an economic expert, but here's an explanation from a redditor:
struggler_guts
a video covering the topic as well:
Nah uncle Phil would swoop in like the hero his is and bail Sony out. No problem.
He can't put Gamepass on Playstation if there is no Playstation.
