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Everyone needs to be careful now !
Posted by 'DavyBoy' on 06 Jan 2009 @ 17:12


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DavyBoy
Joined: July 2005
Total Posts: 1
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Motor racing is very much a non-essential industry and is prime for a correction in a recession such as this one. I would envisage a significant number of companies going under, particularly among the kart traders.

While the wealth of the uber wealthy will decline, it may not be so much to curtail their expensive hobbies. However karters are a different matter. Most of us are not uber wealthy, have regular salaried jobs [or are mom/pop business owners], and will need to cut back on our spending there. Its more or less what happened in the early 1980s and early 1990s and this recession looks a lot worse.

**** As a precautionary measure... I would advise that people pay for any mail order items by credit card OR better still physically visit the kart shop to pick your goods up when you pay. ****

Message Thread:

Grand Prix Racewear  by 'colin'   (06 Jan 2009 @ 11:45)
Re: Grand Prix Racewear  by 'Dunny'   (06 Jan 2009 @ 11:49)
Re: Grand Prix Racewear  by 'AMS'   (06 Jan 2009 @ 12:20)
They are in administration  by 'DavyBoy'   (06 Jan 2009 @ 16:16)
Re: They are in administration  by 'colin'   (06 Jan 2009 @ 16:24)
Re: They are in administration  by 'Dunny'   (06 Jan 2009 @ 16:49)
Everyone needs to be careful now !  by 'DavyBoy'   (06 Jan 2009 @ 17:10)
Everyone needs to be careful now !  by 'DavyBoy'  << You are here!
Re: Everyone needs to be careful now !  by 'QuickOldTimer'   (06 Jan 2009 @ 17:25)
Re: Everyone needs to be careful now !  by 'Dunny'   (06 Jan 2009 @ 17:32)
Re: Everyone needs to be careful now !  by 'KevinW'   (06 Jan 2009 @ 17:37)
Re: Everyone needs to be careful now !  by 'DBaldwin'   (06 Jan 2009 @ 17:44)
Re: Everyone needs to be careful now !  by 'QuickOldTimer'   (06 Jan 2009 @ 17:48)
Re: Everyone needs to be careful now !  by 'dynamax'   (06 Jan 2009 @ 18:50)
Re: Everyone needs to be careful now !  by 'Dunny'   (06 Jan 2009 @ 19:40)
Re: Didn't know this!  by 'Dunny'   (06 Jan 2009 @ 20:38)
Re: Didn't know this!  by 'RevvedUp'   (06 Jan 2009 @ 21:07)
Not sure if that's right.  by 'DavyBoy'   (07 Jan 2009 @ 9:57)
Re: Everyone needs to be careful now !  by 'AdeSmith'   (07 Jan 2009 @ 10:02)
Re: Everyone needs to be careful now !  by 'NikG'   (07 Jan 2009 @ 11:17)
Re: Everyone needs to be careful now !  by 'Roblin'   (07 Jan 2009 @ 18:51)
Re: Everyone needs to be careful now !  by 'Gogz'   (10 Jan 2009 @ 22:15)
Re: Everyone needs to be careful now !  by 'KevinW'   (11 Jan 2009 @ 0:11)
Re: Everyone needs to be careful now !  by 'Dunny'   (26 Jan 2009 @ 20:15)

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