Long Term Effects of Economic Slowdown - Net54baseball.com Forums

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01-06-2009, 09:32 AM

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Join Date: Mar 2009

Posts: 58,359

Long Term Effects of Economic Slowdown

Posted By: ErikV

While much has been expressed on the board about the
recession and our beloved vintage card collecting, one
can already begin to see the landscape changing in
our hobby. Prices have begun to taper off some,
news of GAI filing chapter 11 and the stocks of the
mother company of PSA, CLCT have fallen drastically.
There's also chatter about a major auction house
being investigated over possible shill bidding activities.
Some expets are already predicting 2009 is going to
be a worse year economic-wise than 2008. With the
short terms effects such as prices falling some,
what long term effects does the board see taking
place to change our hobby for the good or bad? Anyone?

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