Was I Wrong?

As the recession officially hit (which was a few years after it really started because denial runs deep) I had stated that there were two recession proof trades; sex and drugs. Now this!

World's oldest profession, too, feels crisis

Egbert Krumeich, manager of Artemis, the largest brothel in Berlin, said that the recession had helped dent revenue by 20 percent in November, which is usually peak season for the sex trade. Meanwhile, in Reno, Nevada, the multimillion-dollar Mustang Ranch recently laid off 30 percent of its staff, citing a decline in high-spending clients.

So was I wrong in saying that prostitution was recession proof?

I stand by what I had originally stated. The quoted article is looking at brothels, which are a business. Businesses around the globe are failing. The business model is failing. Business depended on banks and the markets. The banks and the markets started to fail, taking businesses with them. So prostitution as a business is failing right along side them because it depended on the same models.

But I would bet that there is a spike in independent hookers making better than spare change for hand jobs and blow jobs. With all of the recent layoffs, there are probably more prostitutes than ever, so that money is getting spread around.

No evidence to back me up, but I'm not backing down. You know that there had to be gals blowing guys for a tank of gas this summer. It's only the cash economy that is fucked. The fucking economy is still high.