I'm quite amazed at the overall elasticity within general Cobra ownership circles during what are truly epic times that we live in.
While I'm impressed with the resources that some have here to either start, continue progress or complete their respective builds (no names need to be mentioned...kudos to those that are creating some amazing cars), I have to think that at some point various vendors (and owners) are going to start feeling the effects of a recessionary economy and all the dirt that this brings with it. The Dow, S&P500, Nasdaq, Nikkei and CAC (Euro) indices, on a combined basis, are down on average
43.4% off their all-time highs (which were, coincidentally, about one year ago). Retirement plans for many citizens are being laid to waste right before our eyes.
I have a decent job and I'd like to think I'm on firm ground. But there are no guarantees in life. I'm fortunate to own a clean SPF and I can still afford to put gas and
oil in her. But God forbid, if I spin a bearing then
'ol Red will be moth-balled for quite a while. I'm not saying that I'm going to do more polishing than driving. It's just that disposable income to keep this particular hobby alive and well is pretty much
not disposable any longer. It's come down to just enjoying what I have (which I'm more than comfortable with...heck, I'm
truly blessed to have this car) and just hope it don't break.
I'd like to hear others' views on recent events and how these times have (or maybe have not) curtailed your plans/activities as it relates to Cobras and the hobby at large. Based on what I observe, there are quite a wide range of cars and income levels represented here. Should be some interesting reading.
Regards,
-Dean
Will reality ever phase Cobra owners? (economic crisis)
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