scoble shows just how out of touch he is…

Gads!

And if that’s not bad enough:

EGAD:

…no, I’m not out of touch with the level of wealth in my own nation. Have you walked around a so-called “poor” neighborhood lately? I see big screens in almost every home…

1. I somehow doubt he’s been walking around in a -really- poor neighbourhood and,

2. let’s not forget the fact that it’s still possible for people on low incomes to get credit (only to have the items repossessed if they fail to meet the payments). We’ve got a similar problem here with banks extending 100% mortgages and the worry that when the market changes significantly, people with that kind of debt will be in serious financial difficulty… bringing me to,

3. what happens when you have all these debts and your financial circumstances change?

Frankly I can’t believe he’s promoting the idea of personal debt for an overpriced console, for god’s sake. Particularly when there is a (wii bit) cheaper, and potentially more fun, option.

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