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NEWS: PlayStation 5 Gets Price Increase in Canada, Mexico, Europe, Australia, Japan, More Regions

Minos_Kurumada wrote:

Egan Loo wrote: Minos_Kurumada wrote: Voting has its consequences, if you don't want your fancy northern countries to become latinamerica then don't vote for politicians who have the same way of thinking as theirs. Uh, there's only two countries "north" of Latin America, and one of them isn't getting the price increase. I am talking about Europe too.

So ... by that odd line of thought, Europe should vote less like Latin America and more like a country that didn't get the consequences of a PS5 price increase ...

... like [checks notes] the United States.

One might rethink misusing the PS5 price increase to make a poltical point.

USA has record inflation, I don't see how the fact that one item alone didn't change price changes what I said.

Minos_Kurumada wrote:

USA has record inflation, I don't see how the fact that one item alone didn't change price changes what I said.

What you said is, "Voting has its consequences." Then you proceeded, as you acknowledged in the sentence above, to demonstrate that voting in a country had no correlation with whether that country had a PS5 price increase.

Please stop misusing the PS5 price increase to make a political point it does not support.

The economy is overheated for the stimuli packages and the increment in the price of energy come from the green energy push without a proper plan that dissimulated investment in dirt energy.

Companies are also hoarding money to have a war chest to survive the upcoming recession that the increment on the interest rates the governments are implementing to fix the first issue already mentioned.

Egan Loo wrote:

Minos_Kurumada wrote: Voting has its consequences, if you don't want your fancy northern countries to become latinamerica then don't vote for politicians who have the same way of thinking as theirs. Uh, there's only two countries "north" of Latin America, and one of them isn't getting the price increase.

I am talking about Europe too.

Replica_Rabbit wrote:

Minos_Kurumada wrote: Voting has its consequences, if you don't want your fancy northern countries to become latinamerica then don't vote for politicians who have the same way of thinking as theirs. What!? This has nothing to do with politicians, this is more about the chip shortage (because of cryptocurrency) and an ongoing pandemic. Politicians can play an effect on this, but that normally takes a couple of years (like 4 to 5 years). I have no idea why you bring that up Anyway, maybe I should get a PS5 before the price go up over here

The economy is overheated for the stimuli packages and the increment in the price of energy come from the green energy push without a proper plan that dissimulated investment in dirt energy.

Companies are also hoarding money to have a war chest to survive the upcoming recession that the increment on the interest rates the governments are implementing to fix the first issue already mentioned.

The current economical chaos it's, at least, 80% occasioned by the economic politices that Europe, Asia and North America have implemented that could very well been planned by an Argentinean or Venezuelan politician.

I have no idea of what you mean with the chip shortage occasioned by crypto, the increment in the cost of energy plus the crash of crypto made mining unprofitable, so the second hand market is filled with cheap used cards, you can find videos from Jay, Linux and Paul talking about how cheap video cards are now if you wish.

USA has record inflation, I don't see how the fact that one item alone didn't change price changes what I said.

Sony didn't increase the price in USA for a combination of the Dollar to be an stronger currency than Euro and because it's their strongest market plus they have Microsoft's competition who can go without an increment for years. Microsoft actually just announced they are not increasing the XB's price.

Essentially, Sony is subsidizing the PS5's USA price with the increment in other countries.

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BadNewsBlues wrote:

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Overheating it's an economic term, it means production cannot keep with aggregate demand, the current inflation comes from the increment of aggregate demand product from the stimuli packages.

The FED itself admitted they are part of the problem, as a great economist onece said "Today's stimuli are tomorrow recessions".

And, NFTs also crashed so I don't get the example quite frankly....

Replica_Rabbit wrote:

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I can write a huge wall of text explaining the reason for the cost of gas don't depend on Putin's stupid war or you can watch the video "Why Gas Got So Expensive (It’s Not the War)" by Wendover Productions.

The TL:DR is that currently, there is no logic in investing in Oil extraction right now since there is no future for dirty energies and there is an upcoming recession.

Did you know that there is enough gas to supply Spain for 30 years and Europe for a couple under Spanish floor?

They don't extract it because you need to use fracking to do so, and it's ilegal in Spain, of course, Spain's main gas seller it's USA who gets it it by fracking... but making fracking ilegal as a campaign promise from the current government.

Germany didn't need to outlaw nuclear energy, but they did because Fukushima scared a lot of voters, so now they depend of Russian gas instead of Nuclear.

France didn't need to block Spain from linking its African gas pipes to their to supply Europe, but they did because that way they can sell more nuclear energy to the rest of Europe.

Did you now that, most probably Arabia Saudi's government is lying about how much oil has left?

They claim they have for 73 years but its more likely 9.

China's housing bubble it's a bout to blow (finally), which will lower it's oil consumption too, so again, there is no reason to extract more right now.

I can go on, but I see no point on it, the current gas prices are different short-sighted governments self-interest crashing against each other in a perfect storm.

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Voting has its consequences, if you don't want your fancy northern countries to become latinamerica then don't vote for politicians who have the same way of thinking as theirs.

This is a really bizarre move, especially considered on top of Sony recently deciding to just port all of their newer games to PC. I'm beginning to think they're deliberately trying to tank the brand.