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Old 10-25-2008, 05:23 PM  
DWB
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Credit crisis = no credit = fewer CCs given out = Could spike DVD industry with cash?

So given the current state of things and the credit crunch, for sure this means less credit cards are going to be given out. Some banks are even going to cancel cards I've read. This means people can not transfer their balance or keep spending on dumb shit once their current card is maxed and they are stuck. Then what will they do?

But "porn is recession proof" they say, right?

Well it may be but with no or less credit that means fewer sign ups on websites. There is just no way around it. People for sure won't stop jacking off but no or less credit could seriously hurt the paysite model.

ACH will probably spike but what about consumers going back to good ol' cash assuming they have any of that left. Pay by phone could pick up. Of course everyone just may say "fuck it" and hit the tubes and torrents even harder taking what they can get because that's all they can afford (free).

Do you think we could see a spike in the DVD market based on guys getting offline and heading back to the local porn store where they can pick up a DVD for cash?

I'm betting on the tubes and torrents but I wouldn't be surprised if Joe The Plumber started showing his face around the local porn shop again.

Your thoughts?
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