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Author Topic: Financial Cliff in United States and impact on sales  (Read 24136 times)

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tab62

« on: December 05, 2012, 14:52 »
0
anyone else have concerns on this matter? CNN had a good article this morning and it appears that companies are putting the breaks on spending to include marketing as well...


« Reply #1 on: December 05, 2012, 14:54 »
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Well, I'm not in the US and my husband is looking for a new job - the "financial cliff in the U.S." is one of the reasons.  (Manufacturing.)

Poncke

« Reply #2 on: December 05, 2012, 14:59 »
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The financial cliff must have hit today then. Only 4 sales on SS today. I had a roaring start of the week, and then it just dropped off a cliff. I think I never had a day before where FT and CanStockPhoto were outperforming SS on $$

WarrenPrice

« Reply #3 on: December 05, 2012, 15:21 »
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The financial cliff must have hit today then. Only 4 sales on SS today. I had a roaring start of the week, and then it just dropped off a cliff. I think I never had a day before where FT and CanStockPhoto were outperforming SS on $$

Seems like the norm;  one contributor is cut off, another gets turned on. 
Yours went down, mine went up.

Not sure what any of our problems have to do with "the cliff." 


« Reply #4 on: December 05, 2012, 16:29 »
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I have a friend who runs a business with about 80 employees who sells items to the U.S. military.  He says business is good and he would like to hire more people but if the U.S. goes over the cliff, he expects he may have to furlough most of his employees, so he's certainly not going to hire anyone now.  Lots of other companies who conduct business with the U.S. government are in the same boat and no doubt, they are not using as much imagery as a result.  How big an impact this has currently, who knows.   

tab62

« Reply #5 on: December 05, 2012, 16:33 »
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warrenprice you are hereby ordered to redirect some of your sales to us for not sharing sales during the 'Financial Cliff' ;D

velocicarpo

« Reply #6 on: December 05, 2012, 16:47 »
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The FC is just one potential trigger out of many for a possible Dollar Collapse. I am not worried about it especially since I assume they find some way to avoid it. But in the long run I do not think the US Dollar has a bright or any future since the only politics the FED / GOV knows is flooding and inflating the financial markets. Sadly, there is no stable, global alternative as a reserve currency on the horizon.

WarrenPrice

« Reply #7 on: December 05, 2012, 17:06 »
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Could the December Doldrums be the culprit?
 ???

steheap

  • Author of best selling "Get Started in Stock"

« Reply #8 on: December 05, 2012, 17:07 »
+1
Look on the bright side - this could be a great opportunity for illustrators to make lots of images of money going over a cliff, the USA map going over a cliff - must be hundreds of possibilities.

I'm sure a stock photo of a stream of coins going over a waterfall would be pretty good.

Every problem has a silver lining!

steve

ruxpriencdiam

    This user is banned.
  • Location. Third stone from the sun
« Reply #9 on: December 05, 2012, 17:17 »
+2
So President Obama won a second term pretty much due to the fact the middle class people would like to see the rich pay more taxes and so would some of the richer people as well because that is pretty much how and what his platform ran the bid for re-election on!

Now there is this Republican somewhat named Bonehead out there who if you pay close attention to him and his body language seems to think his sheite don't stink and that he is better then everyone else or at least 90+% of the people out there because he put's his pants on differently or so he thinks, and he probably has someone tie his shoes for him!

So this is one of those kids in School with a Polo shirt that cost a fortune that was better then everyone else except the one kid who had the balls to grab him with one hand by his balls and the other hand on his throat squeezing it like he was holding on for life while picking him up and slamming him into the bathroom wall trying to teach him some street smarts that he just still hasn't figured out just yet many years later!

So until someone grabs him by the balls and teaches him a thing or two we are going over the ledge.

velocicarpo

« Reply #10 on: December 05, 2012, 17:17 »
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It`s called "Fiscal Cliff" BTW (not "financial cliff")

tab62

« Reply #11 on: December 05, 2012, 17:38 »
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it financial cliff to my paycheck lol!  :(

« Reply #12 on: December 05, 2012, 17:38 »
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The company I work for is going gangbusters, so I think the economy is a lot like microstock. Like Warren said, "Seems like the norm; one contributor is cut off, another gets turned on." If the country goes over the cliff, I am sure it will affect most everyone in one way or another. With millions of people still out of work, I would say the country already is over the edge and is only hanging on to that tree that always seems to grow on the side of the cliff.

lisafx

« Reply #13 on: December 05, 2012, 18:26 »
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They are now calling it the Fiscal Slope on a lot of news programs.  As I understand it, all He11 will not break loose at once on January 1.  There will be time in January - February to pass the necessary tax cuts and restore some of the domestic spending to avoid financial armageddon.  That is if these idiots in congress can pull their heads from their posteriors.  Which I admit, is a bit IF.

« Reply #14 on: December 05, 2012, 18:58 »
+1
Perhaps going over the fiscal cliff could be a good thing?  Lots of pain in the short term but then a real recovery.  I don't like the present global economic situation, waiting for Europe and the US to have a big crisis before confidence can return.  The size of the debts is mind boggling, perhaps it's better to deal with it now than to delay the inevitable?

« Reply #15 on: December 05, 2012, 19:07 »
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Lets all remember this is a made up event just as the Mayan Calender. The idea that we the consumers will stop buying products and services in inane. I own two shopping centers and my tenants are having the best business in years.

« Reply #16 on: December 05, 2012, 19:50 »
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They are now calling it the Fiscal Slope on a lot of news programs.  As I understand it, all He11 will not break loose at once on January 1.  There will be time in January - February to pass the necessary tax cuts and restore some of the domestic spending to avoid financial armageddon.  That is if these idiots in congress can pull their heads from their posteriors.  Which I admit, is a bit IF.

right - the worst parts of the actual cuts are spread out over the next year or more, so there's no immediate disaster unless everyone panics and creates one.   


gillian vann

  • *Gillian*
« Reply #17 on: December 05, 2012, 22:41 »
0
Lets all remember this is a made up event just as the Mayan Calender. The idea that we the consumers will stop buying products and services in inane. I own two shopping centers and my tenants are having the best business in years.
you must be a realistic landlord. Here in Australia retail is dire, with most just paying wages and rents, which are outrageously high.

Ed

« Reply #18 on: December 05, 2012, 22:59 »
+4
Buy stock in Alcoa.  I predict the price of aluminum is going to rise


MetaStocker

    This user is banned.
« Reply #19 on: December 06, 2012, 03:18 »
+1
If you think you have it tough in the US, come to Europe !
Endless red tape, taxation up to 50%, unions, strikes, overpriced gas, fuel, electricity, and transportation.

There's a good reason something like Silicon Valley cannot be replicated in Europe.

« Reply #20 on: December 06, 2012, 03:52 »
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anyone else have concerns on this matter? CNN had a good article this morning and it appears that companies are putting the breaks on spending to include marketing as well...

I believe this mean that the companies are looking in other markets regarding microstock photos... like SS instead of IS (because of the prices) and micro instead Macro or midstock. To put a brake on marketing or advertising those days means certain bankruptcy for many companies.

....and that especially in US where marketing and advertising is everything.

« Reply #21 on: December 06, 2012, 07:25 »
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Fiscal Cliff | The Simpsons | Animation on FOX

lisafx

« Reply #22 on: December 06, 2012, 13:14 »
+1
If you think you have it tough in the US, come to Europe !
Endless red tape, taxation up to 50%, unions, strikes, overpriced gas, fuel, electricity, and transportation.

There's a good reason something like Silicon Valley cannot be replicated in Europe.

OTOH, Europeans have a social safety net.  If you are unemployed or sick you are far less likely to end up homeless. 

« Reply #23 on: December 06, 2012, 14:17 »
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If you think you have it tough in the US, come to Europe !
Endless red tape, taxation up to 50%, unions, strikes, overpriced gas, fuel, electricity, and transportation.

There's a good reason something like Silicon Valley cannot be replicated in Europe.
Yes, and the VAT tax in particular makes selling new technology products more difficult. Hope the pro-high-tax people in the US never succeed in getting a VAT tax installed here. It's a real high tech innovation killer.

MetaStocker

    This user is banned.
« Reply #24 on: December 06, 2012, 15:34 »
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OTOH, Europeans have a social safety net.  If you are unemployed or sick you are far less likely to end up homeless.

It depends on MANY factors and also by country, by region, and even by city.

Yes, if you're sick you can get a bed in a hospital, but otherwise you can pretty much end up under a bridge or begging for food in a church or other religious NGOs feeding the beggars, we've millions of homeless people, no matter if people outside europe think we've a happy welfare, it's BS, and it's BS even in scandinavia where taxation is up to 50%, see by yourself how many homeless you see in Stockholm alone.




 

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