Do you think this business is recession resistant?

Jim · 2007-03-14, 12:57 PM

With Home Loans taking a dump and the 2nd largest Mortgage company looking like it is doing the same, I think we may be looking at something coming that we have never seen in this business.

A few weeks ago, Allen Greenspan said we are heading for a recession. Shortly after that, he said, we "may be" heading for a recession.

Most people know I am far from Chicken Little. But, what happens to adult entertainment if a full blown recession hits the US? Wouldn't most online paysites, adult or otherwise, be the first cut out of someone's budget?

In this case, I would be very happy to be wrong.

2007-03-14, 12:57 PM	#1
Jim Banned Join Date: Aug 2003 Location: Mohawk, New York Posts: 19,477	Do you think this business is recession resistant? With Home Loans taking a dump and the 2nd largest Mortgage company looking like it is doing the same, I think we may be looking at something coming that we have never seen in this business. A few weeks ago, Allen Greenspan said we are heading for a recession. Shortly after that, he said, we "may be" heading for a recession. Most people know I am far from Chicken Little. But, what happens to adult entertainment if a full blown recession hits the US? Wouldn't most online paysites, adult or otherwise, be the first cut out of someone's budget? In this case, I would be very happy to be wrong.