realityman
Well-known member
- Joined
- Jul 1, 2004
- Posts
- 782
B19, you're doing a great job of making the point about our clients and the economy.
All those examples you listed are primarily dependant upon the average Joe (or Jill) to purchase from them and keep them financially healthy. When the economy stumbles, you better believe they'll be feeling the pain! A largely empty MLB stadium that still has a few rich people in their private boxes isn't going to do very well.
But NJA (or the others) aren't dependant upon the average Joe AT ALL. The rich folks who are always at the game, will still be flying the private jets.
Rich folks just don't go from rich to poor to rich to poor along with the economy (unless you're Donald Trump).
All those examples you listed are primarily dependant upon the average Joe (or Jill) to purchase from them and keep them financially healthy. When the economy stumbles, you better believe they'll be feeling the pain! A largely empty MLB stadium that still has a few rich people in their private boxes isn't going to do very well.
But NJA (or the others) aren't dependant upon the average Joe AT ALL. The rich folks who are always at the game, will still be flying the private jets.
Rich folks just don't go from rich to poor to rich to poor along with the economy (unless you're Donald Trump).