Growth recession? We’re already in a recession.
1 Like
Ouch
Americans Snap Up Teslas, Bentleys, Lamborghinis as the Luxury-Auto Market Booms
The share of premium vehicles sold has risen, lifted by cash-rich buyers, growing affluence
Not limited to auto. Lady handbags, etc.
Inflation leads to greater wealth divide.
In Singapore, luxury goods are in limited supply, tons of non-luxury goods. What happen?
LVMH is doing well. No matter what the rich get richer
2 Likes
Honestly, I think trying to prevent it only accelerates it further. Policies are never fully thought out through all the downstream impacts.
Zero inflation.
1 Like
AZ has a red hot economy. Standard price on most cars is $4000 over MSRP. No haggling. Most are sold before delivery.
.
What can we deduce?
Other companies are using inflation as an excuse to raise price?
Apple manages its supply chain well?
Third possibility: Apple knows its new stuff is weak. Better maintain low price to try get customers.
If that is the case, should cut price.
…and those customers are reeling from inflation elsewhere. How many are asking themselves if they really need a new iphone?
I am still rocking an ancient iPhone 8. Really don’t see any compelling reasons to upgrade.
2 Likes
You are afraid of your face.
1 Like
I don’t use any of those shitty Apple services either. I paid for Dropbox and Spotify instead. Best of the breed compared to the defaults Apple tried to fool people paying.
Still fossilized. Make some progress!
Btw I don’t use Spotify nor Apple Music. Don’t listen to new songs anymore.
Dropbox 
iCloud 
Flip phone here 
I have a jet pack and laptop for net surfing on the go. Wouldn’t do this board - let alone my e-mail - on a phone.
I don’t think people are taking the looming energy crisis in England and Europe seriously enough. It will crush demand. My penpal in Newcastle now can’t even turn on her water heater let alone the furnace. Filling the tub after each use at least lets her take room temperature baths. Won’t work in winter.
Energy crisis in Britain is nothing new. I lived in London in 1965-6. Cold water flats were common. 50% of people didn’t have refrigerators. Most didn’t have cars. Cheaper hotels had coin operated electric heaters.
The French went 80% nuclear power. The rest of Europe has had their head in the sand for 80 years. Now they will be raped by the Russian bear. Solar is a joke in cold overcast Northern Europe. Nukes or bust.
Meanwhile they probably need to build infrastructure for imported LNG from the US.
3 Likes