Clubbing in recession vs thriving economy
NJBalla
New York
I sat in a club where girls who could have easily been on the "B" squad during the recession were treated like queens. I thought great for them, but if the guys who were making it rain knew about the talent who used to dance there.
That being said has anyone noticed the economy has led to too many high rollers and less value at clubs?
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We are dealing with inflation and supply chain issues, and we may be reaching a reasonable spot in the Covid pandemic, but I don’t think we are yet in a prosperous economy.
Im actually thinking the "healthy" economy is why so many clubs have gone downhill. Most girls with a few brain cells dont dance anymore. I just checked after posting and the girl who I used to see scurrying around two hole in the walls NJ clubs singing covered frank sinatra for 120 has 500k followers on instagram. I wouldnt be surprised if she's pulling mid six figures through her various pay portals. Blame the oil barrons in Dhubai I guess.
Crossing into "this is technically illegal but makes me more money" is a big step for a lot of girls.
Some of this is just the money desire treadmill. A lot of new girls just want to make more than Starbucks or hostessing at a restaurant, enough to work 10-20 hours a week and pursue their passion or school. It's when they get the new car, the nice apartment, want to go on trips that they start needing to juice more money out.
Anyways we are in a weird time across the board. I'm also personally making almost double what I was prepandemic. I do think they money may be a little easy right now for the girls.
I believe Americans on average are looking at about 3K more this year on just basic stuff. That's gonna dip into that fun money well that people use on these strip clubs. I think you'll see a lot clubs go down in the next couple years here, I don't think we've seen the worst of it.
Also, I don’t consider the economy the end-all-be-all. I wrote a post about it somewhere. But the gist was that the last time the US had a large sex industry that had more of an emphasis on frivolity and, yeah it’s sex work but we totally don’t do that stuff but then stuff sometimes happens anyways oops teehee, was taxi-dancing. That industry lasted the whole Great Depression and the largest hit to it was the post world war 2 boom and the industry was practically over with by the 1960s.
But these things inevitably move in cycles. We saw a similar phenomenon in 2005-2008, right before asset bubbles burst and we went into recession. I frequented a little northeast club and my prospects with a few stupidly hot girls suddenly improved dramatically when the stock and housing markets tanked. Then conditions stayed pretty good for years to come when Obama continued to strangle the economy, but got a little more challenging when Trump improved the economy.
Now, due to pandemic relief, we have a ton of money still sloshing around in the system and asset bubbles due to very cheap money, but it won't last - it never does. Just keep the powder dry for when conditions improve. Sometimes when it happens, it happens fast, like it did in 2008-2009.
What I'm seeing now is girls getting used to making less money.
That means far fewer customers with extra money to spend in clubs. It means dancers will be desperate to cover their expenses.
Like all past recessions/depressions, there are opportunities for those with cash.
When things really get good is during a good ol' fashioned recession. When the stock market and housing values plummet to multi-year lows, so too do the payrolls of these large white collar employers. THAT's when you suddenly find a lot more hungry girls around.
So adjustments for that will need to work through the system.
In some markets and clubs, no doubt, the customer side will bring in more to help bridge the gap. Florida and Texas maybe? I've not seen it much out West
Extremely high inflation is going to lead to something like Weimar Germany. Planning for tomorrow by saving money and making prudent investments won't work. People will adopt a "live for today" attitude and engage in a more decadent lifestyle. This probably will be good for strip clubs but will not be good for the long-term health of society. People will spend money as soon as they get it or gamble in the stock market casino if they have excess cash. Eventually the stock market will crash. When that happens there will be widespread misery and the rise of extremist political movements, both of the right and the left.
The other reason is as @Mark94 posted, that the government has mostly taken away all the money-giving to people and there doesn't seem to be anything coming down this year like we've had in 2020 and 2021 but don't put it past Brandon to keep spending like it doesn’t matter.
On a year to year basis, inflation might flatten out, but it won't bring down prices.
I’ve been to Florida twice this winter and things there felt more like the good old days, you know except with way more extras on offer and a zillion more Cubans.
We’ll see which way it goes
I think that’s where we are headed, at least for the next couple years. The Fed will tap on the breaks, causing a recession. They won’t bring rates back down until inflation is under control.
If they do it right, they will raise rates rapidly, shocking the economy. The pain will last for a year, then we’ll be out of it. More likely, they gradually raise rates, delaying the recovery
No one under 55 in the US has ever experienced high inflation. You’re about to learn a tough lesson. For example, are you curious what will happen to housing prices when mortgage rates reach 7%. If you own a home now, it won’t be pretty.
https://en.m.wikipedia.org/wiki/Nixon_sh…
I am finding it difficult to get away as well. I’ve been remote for close to two years, and zoom has been a sad replacement for in person meetings. Doing cash flow analysis in my basement office is miserable and far from ideal.
I am hoping there will be a change for the better as the spring approaches.
https://youtu.be/8Ul-Efi1Xys