CALLING ON HOME SEWERS TO HELP HEALTHCARE WORKERS FIGHTING COVID-19
The lack of proper masks, gowns, and eyewear equipment is making it difficult for health workers to do their work fighting the novel coronavirus. In a recent New York Times article, medical workers said they were worried about how they can both fight the coronavirus without imperiling themselves, as well as their loved ones when they go back home.
If you are a home sewer, please consider helping my joining Hickey Freman Technical Vice President Jeffery Diduch in his effort to produce and deliver homemade gowns and masks to medical professionals in the greater Rochester, New York Area. Read about how you can help here
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Yes, but I tend to think of a bubble as something that is rather short term, say maybe just a few years. When it comes to Daytonas they have been in short supply and selling for well over their list price for roughly 30 years. Only after the economic meltdown of 2008 did we see prices soften and availability improve from maybe 2009 through roughly 2012 or so and then prices went up again.what you’re describing is an economic bubble. But instead of tulips, we’re talking about watches.
I've never see that happen. Usually, they just maintain the current price for a longer period of time.Does Rolex have any form during previous economically challenging times of lowering MSRP?
I'd go further - the sharp rise in the AP Jumbo and a few other pieces just before covid was eerily similar to Bitcoin's final month before the plunge in its speed and ferocity...what you’re describing is an economic bubble. But instead of tulips, we’re talking about watches.
From your lips to God's ears, as they say. We could do with a good old-fashioned panic liquidation. Let's see if all the helicopter money is enough?I'd go further - the sharp rise in the AP Jumbo and a few other pieces just before covid was eerily similar to Bitcoin's final month before the plunge in its speed and ferocity...
I have a shopping list, and was mostly in cash for a variety of reasons before this all started. But I would prefer to not have the opportunity to execute the list...From your lips to God's ears, as they say. We could do with a good old-fashioned panic liquidation. Let's see if all the helicopter money is enough?
Similar to cars, watch dealers will take a loss to a wholesaler long before they ever take a loss to a retail customer. There's so much collusion that goes on amongst these guys, mostly in private online chat rooms, and these guys are much more incentivized to liquidate to someone they have a longstanding relationship with, vs. some prick like me who only cares about getting the best deal possible, regardless of whom it's coming from.Can't help but feel it's like a game of chicken... if there is a substantial lowering in demand that is likely to last, then the first to offload will be the best off. Would then the more sophisticated dealers offload first? I'm sure @Dino944 has some thoughts/experience on the matter.