As we know the econmy is in the toilet and it seems like we are just waiting for someone to push the handle down. The bowl just seems to be filling up w/ too much here lately. The deathblow for me is finding out that the local flat track is closing (of course i was planning on starting to race this coming year!!) Story of my life though, lol. I had moved out here to AZ to ride more and have my own track, after riding flat track/tt for almost a year i was stoked to get out there on the "real track" Looks like i will just have to travel back to So cal to race.
Kawasaki out of moto gp, no america honda in supebikes/supersport, suzuki pulls plug on amatuer motocross support, etc. etc. :-(
I care about it all, but the local track hit me the hardest, .02.
motorcycle industry/economy woes
- xtremeslide
- Posts: 766
- Joined: December 14th, 2008, 10:25 am
- Location: Mediterranean coast
for sure,that started when your banks gave credits to the people who couldn't pay wondering that their homes price will increase year by year...........this is a chain and american banks sold mortgages with a high risk of impaymentJBaze wrote:Probably going to get worse before it get's better.
to other banks world wide,the banks are afraid so the EURIBOR grows up,what does it mean? the people in Europe who had a mortgage and paid last year for example 10.000$ this year are paying 14.000$,is a chain i need more money for my motgage i don't have a beer in my favourite pub,i don't buy cars or i buy used,a lot of people are closing their business cos people don't waste money,and it is not finished,let's see how many shit they distributed.......
CR500R
V-MAX 1200
V-MAX 1200