Maybe you've been in a cryo-chamber or something and just woke up at Xmas, but all that stuff has been going on for the last 18 months or longer. It hasn't suddenly started happening at Xmas.
18 months you say? Hmmm 18 months you say. so the recession in your book started in OCT/NOV of 2006. that's good to know. Hmm what was the GDP in the 4th qrt of 2007? 3.5% you say. hell of a recession that was. barely made it thru that massive downturn.
And yes I know all about gamefly. I've been a member for years. I even buy the preplayed games there when they have a sale. Does that make my math wrong? Nope go buy GTA4 for $20.00 at gamefly today like I bought it at GME. You can try to rent it. Most likely it won't be in stock. For the newer games renting is not the way to go unless you want to wait for the game to arrive. If you go to BBI to rent it be prepared for some big fees. .30 on the dollar you say? that's funny. I got more than .30 on the dollar today more like .50 of course they were used games that I bought at a discount and traded in for a +20% credit but you know who's keeping track here.
So the market didn't fall avg of 15% since christmas. You must of missed that big downdraft and bottom made before the BSC rally lifted us off from the bottom but keep missing the forest for the trees. Those blinders must be comforting.