Sub-prime Bail Out

[tw]

Originally Posted by glatt

I've been mulling over the idea of buying a new digital tv set. Most consumer electronics come down in price over time, so I expected that if I am patient, and hold off as long as possible, I'll be able to get a medium sized high-def digital TV for a fair price.

Prices on digital TVs too a sharp dive this past year. Many were selling TVs at slim profits - some were being sold at losses last Christmas. Prices are not likely to go much lower for the next few years. You will need a new tech TV by Feb 2009.

However, with the threat of recession looming, will that $600 TV be a cost burden? This is no time to have credit card debts.