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Global Economic Collapse: Will It Affect Porn?
Financial disaster is hitting the world today (Monday August 5th,2024) as indexes around the globe see their biggest declines in over 20+ years. Wall Street is in panic, blaming the Fed for dragging its' feet on reducing interest rates in a futile effort to stem inflation. The Dow Jones is down over 1100 points, S&P down 3%, NASDAQ tanking, Japan and European markets crashing....
Are er officially in a recession now? But more importantly to us pornographers: how will this economic upheaval affect our businesses? This year has already seen drastic changes in the Adult Industry, including but not limited to new Visa rules, Google AI updates fucking with SERPs and Age Verification laws going into affect in several US States. And now this?? This summer was already adding up to be one of the worst in recent memory in terms of sales/revenue (July especially) and the late summer rebound many of us were hoping for seems a dream on a day like this one. What do you think the rest of 2024 holds for the porn biz and what are you doing (if anything) to prepare yourself and your business for a possible economic collapse? Adult has always been 'recession proof' but I'm thinking this one will be a real test of that theory. What say you? :helpme |
If airfares and the COLA will drop. then bring it on.
There's a war on humanity's happiness. Semper fi. The floating world has always been here. Sex will always sell. |
A bunch of rich people lost money. Are they the ones buying the bulk of adult products?
:2 cents: |
I plan on sustaining myself with squirrel meat. Even precious metals were down today.
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Is it Gee-Eff-Why or Giffy?
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Broke people probably jerk off to porn more, lol
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buy more vti!
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Interest rate cuts would fix the summer sales slump you mentioned.
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Ive seen a decline everywhere.
Most of my clients' sales are down significantly - programs and even OF models And yes, escorts rates are down. I follow a lot of them on X and many are starting to complain about guys not wanting to pay their rates and some are even leaving the business. OF models are leaving in droves. Liquor sales are down. Inflation is up. So while someone's 401K or Roth being killed doesnt mean they wont buy porn - but its the economy stupid. The less liquidity in the world the less people have to spend on vices like hookers, scotch or porn. |
All affiliate sales seem to be down..... or the skimming is up like hell
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More consumers will suck up the free stuff
Make sure you have an INCOME ALTERNATIVE to adult Start as soon as possible because who knows when the REAL global implosion will happen |
That was aug 5th
Today aug 9th, everything is back to normal :1orglaugh the "global economic collapse" did not happen :1orglaugh |
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If there is a real economic collapse, bye bye porn! People will spend their time and energy to try to save or maintain a decent standard of living.
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it appears that your global economic collapse was a tad pre-mature, perhaps?
https://finance.yahoo.com/news/stock...p=17232983 83 Quote:
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Still, there's no question there is 'volatility' in the markets and in the economy overall. Let's just say all this up-and-down activity does not bode well for the future. (Of course I hope I am wrong for obvious reasons.) |
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There are always going to be ups and downs. |
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What I really think will happen: the economy will rumble along, like a car suddenly running out of gas, putt-putt-putting to around December or so then WHAM recession (official). Let's see how this thread ages to see if I am right or wrong here. :) |
When things get depressing and difficult usually people turn to porn as a relief and escape so I don't see it affecting porn negatively. When the twin towers went down that day and the months that follow were some of the largest sales in history for some cam companies where people needed that escape from reality.
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I think acquirer risk scrubbing and lowered card limits will have a greater effect than the consumer's perceived entertainment budget.
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The larger issue for the US is the debt ratio between the interest paid vs the actual tax dollars collected.
The US is paying about $3.5 trillion in interest on the debt and only collecting $4.5 trillion in taxes... The yearly budget is about $6.5 trillion. So every year we are adding $5 trillion a year to the debt. At some point soon, the tax collected will equal the interest paid. You cannot keep kicking this can down the road... you can keep printing money and raising inflation or you start cutting the budget. Either way, its not good in the short term for the economy. |
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If you were averaging 10 sales a day at $35 pps in 2004 ($10k/mo or so), you'd have to make almost $18k this month (or 17 $35 pps sales a day) to actually have the same income. |
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I had great sales during and after the 2008 meltdown, which was 100x worse, so sex and food are the only things that sell always, apparently.
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Jewellery, high-end clothes and flashy cars are not something you truly need. |
Good . Bad Times
3 things that will always sell
Alcohol - Drugs sex - Porn Vanity We in a good space, just finding the right niche. When I see more mainstream ads on adult sites , thats a good marker for our industry, and to me, its been a big increase over last year... Good luck [email protected] |
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