Right now, every CEO around the world is contemplating the financial crisis and wondering how much to cut back in production and investment for whatever widget or service they provide to the consumer world wide.

This black friday, there will be many great deals on TV’s, clothing, cars, and just about everything you can think of and the temptation will be to wait a few more months for prices to get lower but there will come a point for which demand will exceed supply and prices will begin to rise.   Companies are cutting production now so if you’re expecting next year’s black friday to be better, I would urge you to reconsider and be cautious.

If we are to have more major bankruptices coming over the next few months then there will be a small set of distributers and retailers (think Circuit City) and that in turn will lead to less competition, dwindled supply of consumer goods, smaller set of servicing agents and much higher prices.

Right now, there is a glut of cars, TV’s, clothing and everything else you can imagine, if you need something really badly or have been considering purchasing that TV then now may be the best time to buy.   I expect the inventory to slow and dwindle starting Spring 2009.   It’s also a good idea to stock up on food items because farms will go out of business too!