03-21-2008, 06:33 AM
Phokaioglaukos wrote:
Quote:Nick, come on back to the club!Thanks for the offer but my love is two wheels not four at the moment. I was hoping to purchase something so I can start doing some two wheel track days this year but those plans are put on hold until I see the economy take a turn for the better. I do miss instructing though, had a lot of good times with the students I had!
There is no question that we are in a recession and that discretionary spending is deeply depressed. I agree that it will get worse before it gets better. One of my clients owns a company that serves the aftermarket racing and enthusiast automotive market. It's performance has fallen into the workout range with dramatically reduced cash flow. Basically, sales collapsed last fall and show no signs of recovery yet.
This will be a tough year.
Past RTR member