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Business, Economics, and Taxes: Eat Cereal for Dinner

I think the reckoning is coming. Bunch of companies that sell accessories for table top games, TCGs, and RPGs all announced massive price increases for their products (think card sleeves, dice, playmats etc.), like 50%+ increases.

Between this and the Nintendo stuff they’ve committed one of the worst mistakes: They’ve pissed off gamers*.

*Real gamers. The quiet weird group at the back of a local gaming store, not the internet idiots.
 
Speaking of games, it’ll be interesting to see what happens with the secondary market for the various TCGs like Pokémon, YuGiOh and Magic if the economy goes south. The whole market exploded during COVID but the whales still had money then. Now, not so much.

With new products the prices will definitely be increasing and likely less will be sold than anticipated. Hasbro and WOTC are already price gouging on their upcoming crossover Magic/Final Fantasy set.
 
Slap Shot said:
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The Washington Post (@washingtonpost.com)

The U.S. dollar is an early casualty of President Donald Trump’s us-against-the-world trade war. The dollar has lost almost 10 percent of its value since Inauguration Day with about half of that decline coming this month...
bsky.app bsky.app
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Pretty sure I remember Donnie saying on the campaign that he wanted the dollar to go down. Or from his staff people.

Cheap dollar means other countries can buy more US stuff. That is, unless you piss off all those potential customers.
 
Kepler said:
Exactly what happened last time. Bailing out the farmers meant the ag tariffs cost us billions. Higher prices on manufacturing meant the AC and steel tariffs cost us manufacturing jobs.

Why are stupid people permitted to hold office vote?
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Yeah, but all the profit went to the right people. And that's all they care about. And the voters only care that the brown people are getting screwed. They're willing to get screwed too as long as the brown people take it in the ass.
 
MichVandal said:
Not sure how accurate this estimate is, but it appears that the UP's GDP is about $10B. And that tourism is about $1.5B. So any reduction would be felt.

That being said, Michigan will be far harder hit by the lack of commercial traffic in Detroit than tourism. But the folk up north that rely a lot on tourism and voted to cut it are getting what they voted for.
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Yeah, but I wonder how much of that is domestic vs international. Obviously in certain areas it’s going to be different.

Edit: bad math. I misread the 10.5 being from tourism. So I guess I don’t know. Depending on the split, it’s going to be different. Like the keweenaw seems mostly domestic tourism during the summer. But obviously this is anecdotal. There are Canadian plates we see up there. But usually it’s 90%+ plates from other states.
 
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dxmnkd316 said:
Yeah, but I wonder how much of that is domestic vs international. Obviously in certain areas it’s going to be different.

Edit: bad math. I misread the 10.5 being from tourism. So I guess I don’t know. Depending on the split, it’s going to be different. Like the keweenaw seems mostly domestic tourism during the summer. But obviously this is anecdotal. There are Canadian plates we see up there. But usually it’s 90%+ plates from other states.
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Yea, I could not find any quick google data about Canadian tourism dollars to Michigan or the specifically the UP. But even 10% of 1.5B is quite a bit- a few percentage drop is always noticed. Of the total GDP of the UP, it might not be, but stories of lodges or fishing guides or whatever dropping by 10% would be news.

Probably Canadians would more be west to Marquette and down to Traverse City or so- since that's all close to Sault St Maire's crossing.
 
MichVandal said:
Yea, I could not find any quick google data about Canadian tourism dollars to Michigan or the specifically the UP. But even 10% of 1.5B is quite a bit- a few percentage drop is always noticed. Of the total GDP of the UP, it might not be, but stories of lodges or fishing guides or whatever dropping by 10% would be news.

Probably Canadians would more be west to Marquette and down to Traverse City or so- since that's all close to Sault St Maire's crossing.
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For the three big races at Watkins Glen -- NASCAR, the Six Hours endurance event, and the big Vintage weekend -- I see a lot of Canadian plated cars and RVs. It will be interesting to see how much of an effect on attendance there is. Most people buy NASCAR tickets well in advance (especially those who need to reserve RV spots), so if they don't want to eat them, then there won't be much of a hit there. But the other two races tend to sell more tickets closer to the race dates.
 
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