The Stripper Index: An unorthodox recession measurement
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The Stripper Index: An unorthodox recession measurement
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Re: The Stripper Index: An unorthodox recession measurement
#2Or it could be that people are just tipped out. I hadn't been to a strip club in several years but I got dragged to one a few months back by a friend and I got to tell you the money that these girls wanted seem to astronomically high for the service that they were providing. Maybe people are just fed up with it and spending their discretionary income in other ways. The girls turn their nose up at a couple dollars on stage and are pushing for $500 private dances.
It's just blew my mind. I'm not sure what the house take is but $500 for a private dance for an hour was insane. Senior consultants that solve million dollars problems don't charge that much per hour. I literally had to explain to one of these girls how insane the price was. Because for $500 from the USA if you live near any major airport hub you take a long weekend trip to several Central and South American countries where you can have a whole lot more fun than you can at one of these strip clubs, and you're all in for $500. If that's your chosen form of entertainment, it literally makes no economic sense to spend any money at these strip clubs.
I think at one time using a stripper index as a proxy for a recession measurement would have been good. Nowadays I don't think that's a valid way. Too much has changed across the sex entertainment industry, and the attitudes of the customers have also changed because even if all you want to see is girls dancing there's better value for your money with the other options that are available. Many of those options you don't even have to leave your house.
Maybe a better proxy for a recession measurement would be something like top golf earnings. Or some other discretionary entertainment place similar to that. Are people going on outings spending their discretionary income in that way or are they saving it or did they just not have it to spend.
Re: The Stripper Index: An unorthodox recession measurement
#3Or it could be that people are just tipped out. I hadn't been to a strip club in several years but I got dragged to one a few months back by a friend and I got to tell you the money that these girls wanted seem to astronomically high for the service that they were providing. Maybe people are just fed up with it and spending their discretionary income in other ways. The girls turn their nose up at a couple dollars on…
I think 500$ for an hour might have been a little more than a dance, and probably inline with what that kind of service offers.
If not did you goto one of the top strip clubs in America? that sounds insane. Haven't been to a strip club in a real long time myself tho (absolutely don't have the income nor desire).
I think top golf is an interesting metric; I'd be concerned about linking it to two things so addictive - golf addicts and alcohol consumtion. But with the prices at top golf and how much the drinks cost it's probably a good indicator of the sector.
One of the downsides of it might be it only targetting people in upper income brackets (golf is an expensive game per se, def not as everyman and top golf isn't really accessible).
Then again I can't think of any metric that wont be "inflated" by more well off people consuming something cheaper and less well off people having to use another option (aka mcdonalds).
Re: The Stripper Index: An unorthodox recession measurement
#4Or it could be that people are just tipped out. I hadn't been to a strip club in several years but I got dragged to one a few months back by a friend and I got to tell you the money that these girls wanted seem to astronomically high for the service that they were providing. Maybe people are just fed up with it and spending their discretionary income in other ways. The girls turn their nose up at a couple dollars on…
I think 500$ for an hour might have been a little more than a dance, and probably inline with what that kind of service offers. If not did you goto one of the top strip clubs in America? that sounds insane. Haven't been to a strip club in a real long time myself tho (absolutely don't have the income nor desire). I think top golf is an interesting metric; I'd be concerned about linking it to two things so addictive -…
I’ve never lived this lifestyle and don’t agree with it but here’s an AMA from a guy who claims to regularly get high end escorts. Supposedly the cost is anywhere from 250-1000 and that might be Australian dollars?
https://old.reddit.com/r/AMA/comments/1cfpcfl/ive_slept_with...
Re: The Stripper Index: An unorthodox recession measurement
#5This is a weirdly common type of article; given that the long-prophesied US recession remains stubbornly absent by any normal metrics, people just make up new ones to claim that there is a recession.
> Many quirky (and weirdly accurate) economic indicators help forecast the economy. For example, if an AFC team wins the Superbowl, the stock market will decline the following year. While there doesn’t seem to be a direct explainable connection, this has an accuracy rate of 73%.
Oh, ffs. I have serious questions about the accuracy of this website's domain name.
Re: The Stripper Index: An unorthodox recession measurement
#6There are more people struggling these days than the mainstream news reports. The lines at the food banks where I live are much longer than they were before COVID. One of the local food banks says they're distributing three times as many meals per month as they served before the pandemic. And this is an area of relatively high employment.
People working service jobs simply can't afford the basics, and that's a problem. Part of capitalism's implied promise is that if you work full time, you should be able to feed and house yourself. But for huge numbers of people, that doesn't seem to be true anymore.
Re: The Stripper Index: An unorthodox recession measurement
#7Earlier quoted context omitted.
I think 500$ for an hour might have been a little more than a dance, and probably inline with what that kind of service offers. If not did you goto one of the top strip clubs in America? that sounds insane. Haven't been to a strip club in a real long time myself tho (absolutely don't have the income nor desire). I think top golf is an interesting metric; I'd be concerned about linking it to two things so addictive -…
I’ve never lived this lifestyle and don’t agree with it but here’s an AMA from a guy who claims to regularly get high end escorts. Supposedly the cost is anywhere from 250-1000 and that might be Australian dollars? https://old.reddit.com/r/AMA/comments/1cfpcfl/ive_slept_with...
Per hour or per night?
Re: The Stripper Index: An unorthodox recession measurement
#8Earlier quoted context omitted.
I think 500$ for an hour might have been a little more than a dance, and probably inline with what that kind of service offers. If not did you goto one of the top strip clubs in America? that sounds insane. Haven't been to a strip club in a real long time myself tho (absolutely don't have the income nor desire). I think top golf is an interesting metric; I'd be concerned about linking it to two things so addictive -…
I’ve never lived this lifestyle and don’t agree with it but here’s an AMA from a guy who claims to regularly get high end escorts. Supposedly the cost is anywhere from 250-1000 and that might be Australian dollars? https://old.reddit.com/r/AMA/comments/1cfpcfl/ive_slept_with...
I knew a guy that was a driver for escorts back in college. In the late 90s it was over $1,000/night on average iirc. That included more than just sex though that was also attending a gala or sports game or other social events with you.
Re: The Stripper Index: An unorthodox recession measurement
#9There are more people struggling these days than the mainstream news reports. The lines at the food banks where I live are much longer than they were before COVID. One of the local food banks says they're distributing three times as many meals per month as they served before the pandemic. And this is an area of relatively high employment. People working service jobs simply can't afford the basics, and that's a proble…
There’s no such implied promise, it’s the other way around: https://en.m.wikipedia.org/wiki/Reserve_army_of_labour
Re: The Stripper Index: An unorthodox recession measurement
#10This is a weirdly common type of article; given that the long-prophesied US recession remains stubbornly absent by any normal metrics, people just make up new ones to claim that there is a recession. > Many quirky (and weirdly accurate) economic indicators help forecast the economy. For example, if an AFC team wins the Superbowl, the stock market will decline the following year. While there doesn’t seem to be a direc…
People confuse a economic recession with what is happening because of how words sometimes change their meaning away from their technical to a more colloquial interpretation. The economy as a whole is doing well, but people aren't because of inflation. Recession is just the word they've learnt to interpret as "I'm feeling poorer".
And the stripper index is down because their market is oversaturated aka "onlyfans overload".