Sony will report a billion dollar loss...
Joves wrote: Well I have a feeling we will be seeing a lot more of this in the next few years. Oh wait the economy is improving globally so I might be wrong. The real problem here is that people do not have the extra money for much of what they would have blown their extra cash on, now people are saving, or have no extra cash. While much of the global marketers claim that the US is not really the driver in the new economic paradigm, the truth is that it actually is, or more the US common citizen. Many of these emerging markets are ones where their populations do not have our habit of buying things they do not need. Until their cultures change the US market will be the real driver for the globalist markets. They got started, and depend on us being frivolous with our spending. This is really a wake up to them that they need to provide the good paying work here to survive. I am all about capitalism, but true capitalism where everyone prospers as things are good. Things have become out of whack with heavy swings of the pendulum, for a while labor here held an advantage, now it is the chiefs of the industries that do with a big but. And that but is that they need to have buyers, which means they have to hire, and pay people enough to support their businesses. Rant off.
Good points 
ShutterPal wrote: They will be fine, they have lots of money
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