Strictly anecdotal, but I've witnessed a few recessionary cycles in my time and noticed an interesting hobby phenomenon. Just before the economy goes bust the asking price of providers, especially those on the lower end of the spectrum of sophistication, skyrockets. Almost like squarrels gathering nuts before winter.
Recently I noticed the asking price of a few urban providers approached the lower end of donations requested by high end escorts. Last time I witnessed such a phenomenon was just prior to the 08-09 financial crises. Then after the crash prices steeply dip until they level off slightly higher than pre-crash rates. Or service offerings get fragmented into short stay, half hour and full hour options.
Remember a time when as a rule at an incall the only option was an hour? Fast houses were named accordingly because that is the only thing they offered- a quick nut. If you finished early at a regular incall location, or with outcall, that was your problem, not the providers. Those were the days.
Obviously this observation will not fetch me a Nobel Prize in economics, but I thought it interesting as others speak of inflation.
Regards,
Pops
Recently I noticed the asking price of a few urban providers approached the lower end of donations requested by high end escorts. Last time I witnessed such a phenomenon was just prior to the 08-09 financial crises. Then after the crash prices steeply dip until they level off slightly higher than pre-crash rates. Or service offerings get fragmented into short stay, half hour and full hour options.
Remember a time when as a rule at an incall the only option was an hour? Fast houses were named accordingly because that is the only thing they offered- a quick nut. If you finished early at a regular incall location, or with outcall, that was your problem, not the providers. Those were the days.
Obviously this observation will not fetch me a Nobel Prize in economics, but I thought it interesting as others speak of inflation.
Regards,
Pops
Anyway, IMHO what you are seeing is probably more "like squarrels gathering nuts before winter" for the same reason; both at the peak of the nut season, acorns are dropping all over the place and are everywhere, and at the peak of an economy money is everywhere.
I've been around for a lot more than "a few recessionary cycles" and I've seen, as the old joke goes—these types of indicators have reliably predicted 10 out of the last 5 recessions.