Mastercraft and Malibu in trouble?

[WakeSlayer]

70000+ factories closed in China, they aren't going to be as much help as we think.

[kinger]

exactly why they need to raise our import levels. They have a heavy surplus of cash around the world.

[WakeSlayer]

I guess we will see.

[CAN'TSKI]

I have armed my 211TE with an AR15 with 3rd generation nightvision and holographic scope. It has also been booby-trapped. I am now bobbing around in the middle of the lake.
WORTHLESS, CHEATIN' BANKERS!! COME AND TAKE IT!!!

[zapada]

LOL...

[Hollywood]

I really don't know what China was doing, but after the Olympics they went pretty quiet.

[CAN'TSKI]

I can see by Hollywood's response that I am not being taken seriously. Last night there was a pin-stripe on the bank watching me from the bushes.
I demanded he identify himself. He yelled, "THERE IS NEW LEADERSHIP NOW! THERE WILL BE A RE-DISTRIBUTION OF BOATS! THERE IS A BAYLINER OWNER WHO FEELS HE IS ENTITLES TO YOUR CORRECT CRAFT!"
I dropped about thirty tracers over his head. Just close enough to shower him with tree limbs. More will come.
WAKE UP BROTHERS OF THE LONE STAR BAND-AID! YOU WILL BE NEXT!
Note to Jeff---Back away from the thread lock key. Think of little Nautique Jeffrey!

[gride300]

off topic, but get your assault rifles while you can. obama is supposed to take them away w/in 90 days of inauguration .

[zapada]

This has become a pretty complicated thread. I agree with many of you that things are likely to continue on this decline. In fact, there is very little out there that would truly indicate a recovery. However, there is one thing that could happen from all of this...that is hyperinflation. There is a risk that the dollar will decline rapidly and concurrently cause hyperinflation. If it does happen, loads of inventory would be a great thing for these companies. Just think, you could go and borrow 100% financing from the bank for a $50k boat and in a year or two the dollar will have continued to decline at such a rate that the $50k in actual dollars that you owe will seem equivalent to $25k now. The timing would be key, obviously, but if we do go into a state of hyperinflation, buying a boat with as much leverage as possible would be smart (and many will probably do it). Keep your eyes peeled for such an opportunity.

[gride300]

another reason we are in shambles as a country economically is that we are all freaked out by the media and fear.

[CAN'TSKI]

I am going to concede this thread to ZAPADA. I am not sure, but I think he is smarter than me.

[kevfran99]

another reason we are in shambles as a country economically is that we are all freaked out by the media and fear.

sooo correct! If you look they never have a positive thing to say. Everything is doomsday! They don't report on the parts of the economy that are still going good like the medical field or the used car business. The just focus on the bad!

[SkiTundra]

I think a lot of what we're seeing is simply market correction. The economy grew too much because of too loose of credit. EG, We built more houses, more boats, more cars, more everything than could really be sustained. We were living on false income - credit. Now it's correcting itself. In the 3rd quarter we'll likely see things begin to rebound as the demand for goods begins again. Some things like boats will take a bit longer to recover since they are not necessities and will wait until consumers feel a bit more confident (and all of the backlog of MC's sells).

As Gride300 alluded to, things aren't really as bad as the media makes them out to be.

[CAN'TSKI]

The media has had a huge part in this. They had the desired effect in the election. If you go to a mall or restaurant in SoTex, you would never guess there are issues.
However, SKITUNDRA, I am not sure how this thing starts turning in the next nine months when every week brings more news of massive layoffs. Those are facts, not spin. Many of those will still not have a job in the third quarter or well into next year.
I am not as confident as you of an impending boost in consumer confidence in the near term. I fancy myself an optimist, and I think we are in trouble. I really believe things are going to get a lot worse with the moves our gov't is making.

[WakeSlayer]

I do fully agree about the media's role.

gride, don't open the politics hijack. Please.