Recession? No, I think we are just changing
Are we doing more but buying less “things”? Of course, this is mainly a Europe, North America and Australasia thing but …. I’ve had this feeling for some time, that people are spending more on travel and attending events than filling their homes and covering their bodies with “stuff”. Manufacturing production is down and down but hotels and events are doing very, very well. Construction may be down but homelessness does not seem to be up. People are still living somewhere. I found an article in the Irish Times very interesting that seems to support what I have been thinking. This is an article about the upcoming re-opening of The Point in Dublin, one of Ireland’s leading entertainment venues. Well, now it will be the leading venue. Some of the facts I find interesting. They point out that not so many years ago a music performer earned 70% or his or her income from recordings, mainly cds, but now this is down to 30%. People are buying less thin...