Posted By:
Rich Klein Because whilst we would like to believe that the collecting of vintage cards is in its own little bubble -- many times either world affairs or economic affairs does affect how we buy/sell these trinkets.
This has obviously had an effect on the downward trend of the stock market today and I would not be surprised if that trend continued for a while. In addition, any time we have a major downward or upward trend in the market; that can have an impact on disposable income.
I, personally, just hope that this does not change the equation of America's relation with Pakistan or India. India and Pakistan don't get along and think about how many jobs are outsourced to India. In addition, Pakistan borders many important countries that we have an active presence in.
Do I know the actual long-term impact on the world from this event; no I don't -- but this certainly eliminates a voice for reason and that is never a good sign.
Regards
Rich Klein