Quote:
Originally Posted by EmporerEJ
Well, there is that....the war. But we'll pay for that later.
The people that are in trouble are artificially in trouble. The government didn't have to raise interest rates and put those people in trouble. Sure, they shouldn't have qualified for those loans. But they did, and they were surviving. The rise in rates killed them for no good reason, other than the government wanted to screw with people.
It has EVERY impact on Porn. This is one of the first places people run to for an easy money making snack.
And one thing I've learned in my 25 years in the Porn Biz....people will always find money to buy their porn. When I was in the video Biz, some of the busiest rental times was when the local factory had people on layoff.
It's cheap entertainment.
And fortunately, I'm in a recession proof end of the Biz. So it doesn't affect us.
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I will guarantee you that "recession proof" is kinda like "military intelligence". Things that make you go hmmmmm. I worked in network television most of my life and in the beginning of my career we were all saying we were "recession and lay off proof" because when things go for shit, folks stay home and watch free tv. What happened, was every jerk water community college around started pumping out Jr. Peter Jennings and the market was saturated and the salaries started to decline. Then came the internet, CNN and all kinds of other influences on our cozy recession proof world. The networks had less money due to competition and a lot of folks got laid off. When GE bought NBC heads rolled. It was worse at CBS. So, if you really believe you are recession proof, good luck.