How often do you see any real luxury anymore, it seems as though everything has been downgraded. Yes things look fantastic, some exotic cars still look great or even better than they did in the 90’s but don’t be fooled because very little engineering goes into the these products anymore. Even the latest cell phones from Samsung really suck back. They do have some appealing bells and whistles but in the grand picture they are nothing but a cheap piece of crap that millions of people use every single day. Not only use but rely on such garbage products to assist in running our companies and lives. In reality it really sucks to have to count on such D level products across the board. I can even remember Trump recently saying in an interview that when he builds a new luxury property that 90% of the bids come in from China and he hates to get stuck using such low level low quality products for his buildings.
The dangers of such low class products in our lives
They are everywhere like cockroaches in restaurant kitchens, there is no way to escape the fact that the people no longer have nor will probably never see luxury anymore unless they spend time buying products from a time before our great politicians sold all of us out and the whacked thing is that they are not immune, not only did they sell us out but they sold their own kids out as well in the name of greed. It doesn’t matter how much money you have, low class products are just as common in high end places as low end places, they only look better on the outside. They have better designers but in the scheme of things, the blood line is the same bad quality, cheap built, high volume junk we have in everything these days. So whether you are buying the ultimate luxury cars you are only buying the look, not the same engineering you had in the 90’s. The same safety ratings, these days its cheaper for them to worry about safety later as you can see with the latest GM recall that took years to do. Look at high end brand clothes, do you really think Fruit of the Loom is any different from the quality of Polo? The same crap different logo, different brand strategy but yet the so called “high end” people will pay out ten times more for the “high end brand” name that really cost the very same to make in China or whatever Asian country.
Aside from the dangers in the clothes that we wear now that have been made from Monsanto’s toxic BT Cotton or the sheets we now sleep in everyday. Perhaps the reason why cancer rates have skyrocketed yet smoking is way down. We also now have to worry about if the car across the median has cheap Chinese tires on it that will separate easily and send it straight across the median into oncoming traffic. Tires today are much worse than tires in the 90’s, these days the tire companies had to save money as well so they began outsourcing to Asia which has put a damper on quality. It is nothing less than a major safety hazard, just like buying illegal lead made Kettlebells or gym equipment. The trade off of quality has put every one of us in danger in comparison to the dangers we had in the past. Yes it is true that we have become more technologically advanced but it doesn’t mean that these tech advances will keep us safer. Cheap metals crumble is crashes, tires separate much sooner and easier today, aircraft parts have been compromised with the junk they make in the Asian region. The following is a downgrade by Moody’s of the exotic Aston Martin:
Falk Frey, the credit rating agency’s analyst for the carmaker, said on Friday the review was prompted by a “significant deterioration” in Aston Martin’s liquidity due to weaker-than-expected performance in the third quarter.
Moody’s warning was released as Aston Martin, owned by Kuwait’s Investment Dar, said it was in “advanced” talks with potential investors over an injection of capital into the business.
Indian tractor maker Mahindra and Mahindra and iItalian private equity fund Investindustrial are reported to be interested in the struggling carmarker. Investment Dar bought the marque from Ford in 2007 in £480m deal.
Mr Falk said the review would focus on the outcome of the talks and the carmaker’s ability to turn around its performance and cash flow from sales from the launch of its new Vanquish and DB9 models.
Due to the delay of the new Vanquish model, Aston Martin has revised down its outlook for the full year and now expects adjusted profits to be below 2011 levels of £76.2m. The loss of Ford’s deep pockets has hampered its ability to invest in technology and new models.
“The inability of the company to raise equity and materially improve its liquidity profile within the next couple of weeks would most likely result in a downgrade of Aston Martin’s ratings that might not be limited to one notch,” Mr Falk said.
The company’s £304m of debt could be affected by a downgrade. Moody’s currently rates the debt B3, or six notches below investment grade.
Aston Martin would not comment on the Moody’s announcement.
In the first nine months of 2012, Aston Martin reported a 19pc decline in revenues to £305m, mainly driven by a 19.5pc drop in volume sales to 2,520 vehicles from 3,132 vehicles in the first nine months 2011
As you can note this is a worldwide trend among all luxury products. Important to note that quality has downgraded significantly on customer service across the board as well.
Will America or the world ever see quality again?
We think it only gets worse from here, our quality has been so deeply penetrated with low quality massive stores, with high end brands with horrendous greed with one of these in the board room:
Should we make those shirts in the USA? Are you kidding? At a cost of $1.00 more per unit who cares if the shirt only last a few months, we have to look at profits and care less about the consumer.
You can see allot of small companies trying to put our fresh American made products, and if this trend catches on we can perhaps get a choice once again, but we are in so deep now that the quality will continue to drop off and the people no longer even notice they are eating, drinking, wearing, sleeping in or driving junk. Have you bought a new couch lately? Can you feel the wood corners right through or hear the creeks as you move? The list goes on and on, quality is gone.
It has become a vicious circle of consumers needing to save a dollar in order to pay the corrupt energy costs. Most big brands today have consolidated so for example one brand may be owned by the same company as another totally unrelated brand but yet they manufacture in the same place that a low end store manufactures from. It is not uncommon for five or six brands to owned by the same company. No quality increases there, just stock increases.
The new generations that never got see or feel real luxury. They will grow up much harder in a sense, much more accustomed to third world living and be used to it, the older generations will have to adjust and live out the rest of their lives with below standard quality of everything.