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The luxury markets are crashing! Expensive watches are flooding the used markets now!!

submitted by GeneralDisarray to EconomicCollapse 2.8 yearsAug 3, 2022 20:10:35 ago (+7/-0)     (www.visiontimes.com)

https://www.visiontimes.com/2022/08/02/luxury-watches-secondhand-crypto-crash.html

This is starting to happen with RV's now with one manufacturer halting production since demand has fallen.

This will soon spread to:

classic cars

Holiday homes

Boats

Art

Fine wines

Collectibles

Land

Stocks and investments

Many people are unloading luxury items and toys that they don't need to pay the bills now. This will soon result in a glut of second hand luxury goods with very little buyers. This will crash the value of them all.

This is a very clear sign that the collapse is here and will soon be undeniable.

Good luck guys.


12 comments block

sort by: hot new top old low

[ - ] Ozark 0 points 2.8 yearsAug 7, 2022 11:40:29 ago (+0/-0)

I have my eye set on boats. I plan to buy a long-line/processing ship.

[ - ] aipacisAmericanenemyno2 0 points 2.8 yearsAug 7, 2022 11:34:55 ago (+0/-0)

i can't wait. been thinking about a motor home of sorts, maybe a c class. definitely want an old mopar. maybe a late 60's dart or barracuda. i would love to get my hands on a 73 dart, my first car. and another vacay home if in the right location.

[ - ] albatrosv15 0 points 2.8 yearsAug 4, 2022 04:38:21 ago (+0/-0)

I guess that guy on 4chan who posted luxury watches all the time sold his collection.

[ - ] ruck_feddit 1 point 2.8 yearsAug 4, 2022 01:21:40 ago (+1/-0)

You guys probably remember, but craigslist was flooded with toys when COVID first started. Bikes, boats, campers, you name it. I'm getting a boat this time!

[ - ] Wolfspider 0 points 2.8 yearsAug 3, 2022 22:18:12 ago (+0/-0)

Good. We need some hard times to deal with the shitlibs. Fucking crash!

[ - ] IfuckedYerMum 2 points 2.8 yearsAug 3, 2022 21:19:02 ago (+2/-0)

Oh no! What will TheBigGayQueen do now that his fake watches are worth even less than they already were?

[ - ] ruck_feddit 0 points 2.8 yearsAug 4, 2022 01:17:39 ago (+0/-0)

Lose some fucking weight, maybe?

[ - ] diggernicks 0 points 2.8 yearsAug 7, 2022 11:46:34 ago (+0/-0)

Fph niggotry is extremely homosexual

[ - ] Paradoxical003 2 points 2.8 yearsAug 3, 2022 21:07:51 ago (+2/-0)

Remember that just as one man's trash is another man's treasure, one man's tragedy is another man's opportunity.

[ - ] 1Icemonkey 1 point 2.8 yearsAug 3, 2022 20:34:15 ago (+1/-0)

Cool. I can finally pick up a classic hot rod for like 10k instead of the inflated prices of 30-40k.

[ - ] GeneralDisarray [op] 0 points 2.8 yearsAug 4, 2022 01:54:15 ago (+0/-0)

I honestly think it will crash further than that!

Especially boomer classics like 50's and 60's cars.

The sixties mustangs where made in the tens of millions so they are icons that are anything but rare. They will be cheap as shit. Especially the V6 ones with no options.

You will be stunned by what you can buy if only you had the money.