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The economic downturn is squeezing consumer spending, but there's one corner of the consumer pocketbook that'll emerge unscathed from the "R" word. Movie going is pretty much recession proof: Box office receipts have grown over six of the last seven recessions. (according to Lehman Brothers analyst Eric Handler). It's
fairly simple. When the economy is suffering, people want to escape their
troubles, and going to the movies is a fairly affordable luxury. With the
average movie ticket price at eight dollars, a trip to an air-conditioned
theater is a great activity when you're not spending money on road trips.
And movies are probably the cheapest out-of-home entertainment, with
concerts and sporting events being pricier than ever. |
| When the economy falls, the demand
for escapist entertainment rises. History has proven this over and over
again. During "The Great Depression" (1929 - 1939) 25% of American
families had no income and 40% of factory workers were unemployed. In 1930
there were 200,000 evictions in New York City alone.
Despite this, movie box office receipts during the
1930s soared 22%. In many cases people elected to see a movie, rather than
eat. That's how desperately people needed to escape (mentally) from
the weight of their problems. |
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There simply is no business with manufacturing capital entry
requirements as low as motion |
| To go to the unusual website for this recession proof
investment, click on link below. Why is this website unusual? Because it
is completely honest, with nothing hidden! CLICK HERE FOR ALL THE DETAILS ON THIS RECESSION PROOF INVESTMENT. (Home page.) |
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