Wednesday, September 25, 2024

Reruns of Pawn Stars and the future.

They seem to buy a lot of 'collectables' on that show and they seem to be doing rather well. 

Judging from what I think the future is going to bring us there are going to be a lot of 'collectables' being sold at fire sale prices and few purchasers.

It looks like the pawnbrokers are going to be purchasing a lot of basic household items for cheap and reselling them at a pretty thin margin in the not too distant future.

A lot of collectors are upper middle class and the middle class is going to start taking some pretty big hits and when that happens things like collections and the family yacht are the first things to go.

On places like Facebook I'm seeing a lot of halfway decent sailboats going for little or even in some cases nothing but the cost of their storage bills.

Quite frankly, it I was in better health I would seriously consider picking a sailboat up to live on  and renting out the family manse.






To find out why the blog is pink just cut and paste this: http://piccoloshash.blogspot.com/2009/12/my-feminine-side-blog-stays-pink.html NO ANIMALS WERE HARMED IN THE WRITING OF TODAY'S ESSAY

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