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Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work. |
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#1
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Wiggle room in new machine pricing....
On Sun, 12 Feb 2012 13:24:47 -0800, Gunner Asch
wrote: Indeed. And many of us out here think that the next down cycle will be later this year. And a hard one at that. Gunner Why? RWL |
#2
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Wiggle room in new machine pricing....
On 2012-02-13, Gunner Asch wrote:
On Sun, 12 Feb 2012 22:55:31 -0500, GeoLane at PTD dot NET GeoLane at PTD dot NET wrote: On Sun, 12 Feb 2012 13:24:47 -0800, Gunner Asch wrote: Indeed. And many of us out here think that the next down cycle will be later this year. And a hard one at that. Gunner Why? RWL Because the employment numbers are badly inflated, the debt crisis is deepening and the Chinese are close to imploding. Google : "2012 economy is getting worse" A single example: http://blog.heritage.org/2012/01/31/...-report-shows/ Unfortunately...there is much..much more out there on the subject. Which is why Im stocking beans, bullets and water as fast as I can. What the above article says is not a projection of the future economy, it simply discusses the budget deficit. I also believe that there is a possibility of economic disruptions, I estimate the probability at 30%. To hedge it, I did not buy beans, I bought my warehouse building and land, and am in the business of buying and selling used equipment. Any kind of economic disruption or dislocation would be a great boon to this kind of business. i |
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