{"id":36194,"date":"2013-07-13T15:15:29","date_gmt":"2013-07-13T14:15:29","guid":{"rendered":"http:\/\/alienbabeltech.com\/main\/?p=36194"},"modified":"2013-07-13T15:29:36","modified_gmt":"2013-07-13T14:29:36","slug":"the-silent-economy-could-change-the-way-we-acquire-use-stuff-2","status":"publish","type":"post","link":"http:\/\/alienbabeltech.com\/main\/the-silent-economy-could-change-the-way-we-acquire-use-stuff-2\/","title":{"rendered":"The Silent Economy Could Change The Way We Acquire, Use Stuff"},"content":{"rendered":"<p><b style=\"mso-bidi-font-weight: normal;\"><i style=\"mso-bidi-font-style: normal;\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\"><a href=\"http:\/\/i0.wp.com\/alienbabeltech.com\/main\/wp-content\/uploads\/2013\/07\/Untitled-11.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-36196\" alt=\"Untitled-1\" src=\"http:\/\/i0.wp.com\/alienbabeltech.com\/main\/wp-content\/uploads\/2013\/07\/Untitled-11.jpg?resize=258%2C273\" data-recalc-dims=\"1\" \/><\/a>It\u2019s New, Better \u2013 <\/span><\/i><\/b><i style=\"mso-bidi-font-style: normal;\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">Companies no longer work for a year or more on a new product or device and then roll out something that is spectacularly different. Instead, they roll out a new version with a change here and there so they can tell you how superior it is to the one you bought yesterday. People are becoming less interested in drinking the Kool-Aid today.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span><\/span><\/i><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">You\u2019ve just gotta\u2019 love PC\/CE\/communications announcements.<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">You know, the one that:<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-left: .75in; text-indent: -.25in; mso-list: l0 level1 lfo2;\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';\"><span style=\"mso-list: Ignore;\">&#8211;<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">Happens just <b style=\"mso-bidi-font-weight: normal;\"><i style=\"mso-bidi-font-style: normal;\">after<\/i><\/b> you got your new ultrabook, tablet, smartphone<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-left: .75in; text-indent: -.25in; mso-list: l0 level1 lfo2;\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';\"><span style=\"mso-list: Ignore;\">&#8211;<span style=\"font: 7.0pt 'Times New Roman';\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><\/span><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">Makes people look at you with pity that you have yesteryear\u2019s device<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">Daughter recently got a new iPhone. Son replaced his tablet. They weren\u2019t even a year old fer gawd sake but at that age some status things count.<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">Frankly, I can\u2019t understand how anyone (except the respective company\u2019s marketing folks) could be overwhelmed with the new crop of smartphones, tablets, ultrabooks, TV screens, you name it.<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">New units are nice, but mind-blowing?<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">To die for?<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">Seriously?<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">I can remember back when moving from one computer generation to the next every couple of years was a real step up.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">The new stuff they\u2019re \u201cannouncing\u201d?<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>NBD (no big deal).<span style=\"mso-spacerun: yes;\">\u00a0 <\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"tab-stops: 369.4pt;\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">The new devices aren\u2019t overwhelmingly superior \u2026 just \u201cnew\u201d!<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: .0001pt; line-height: normal; tab-stops: 369.4pt;\"><b style=\"mso-bidi-font-weight: normal;\"><span style=\"font-size: 12.0pt; font-family: 'Times New Roman','serif';\">Mind Shift<\/span><\/b><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\"><span style=\"mso-spacerun: yes;\">\u00a0<\/span>I got to thinking about the industry\u2019s drive for new devices after reading a recent <b style=\"mso-bidi-font-weight: normal;\"><i style=\"mso-bidi-font-style: normal;\">Motley Fool <\/i><\/b>article and Google blog.<\/span><\/p>\n<p class=\"MsoNormal\"><b style=\"mso-bidi-font-weight: normal;\"><i style=\"mso-bidi-font-style: normal;\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif'; color: #222222;\">Motley Fool<\/span><\/i><\/b><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif'; color: #222222;\"> asked if perhaps we have reached the point where electronics devices are &#8220;good enough&#8221; and people will stop paying extra for the latest and greatest.<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">The Google blog was about Google Mine &#8212; I got a bunch of stuff, people in my circle have a bunch of stuff, I want to use some of their stuff, they want to use some of mine, so we share or rent each other\u2019s stuff.<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">Both were intriguing since we are pushing technology so fast it\u2019s hard for people (normal people) to understand it, deal with it, use it.<a href=\"http:\/\/i1.wp.com\/alienbabeltech.com\/main\/wp-content\/uploads\/2013\/07\/Untitled-21.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-36197\" alt=\"Untitled-2\" src=\"http:\/\/i1.wp.com\/alienbabeltech.com\/main\/wp-content\/uploads\/2013\/07\/Untitled-21.jpg?resize=393%2C254\" srcset=\"http:\/\/i1.wp.com\/alienbabeltech.com\/main\/wp-content\/uploads\/2013\/07\/Untitled-21.jpg?resize=393%2C254 393w, http:\/\/alienbabeltech.com\/main\/wp-content\/uploads\/2013\/07\/Untitled-21-300x193.jpg 300w\" sizes=\"auto, (max-width: 393px) 100vw, 393px\" data-recalc-dims=\"1\" \/><\/a><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-top: 0in; margin-right: .25in; margin-bottom: 10.0pt; margin-left: .25in;\"><b style=\"mso-bidi-font-weight: normal;\"><i style=\"mso-bidi-font-style: normal;\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">Slow Down Boss \u2013 <\/span><\/i><\/b><i style=\"mso-bidi-font-style: normal;\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">Technical advances and improvements are coming at us at blinding speed; and for many, it feels like the enhancements are coming faster than they can be absorbed, mastered, used<\/span><\/i><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">Way back in earlier times, people had very few \u201cpossessions.\u201d<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">When they moved, they packed up their meager belongings and \u2026 moved.<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">When they really needed something new, they borrowed, traded, swapped one thing for someone else\u2019s thing.<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">Today, we buy so many things we can\u2019t get our cars in the garage because it\u2019s full of things \u2026 our stuff.<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">Picking up and relocating is tough because of all of our stuff.<a href=\"http:\/\/i2.wp.com\/alienbabeltech.com\/main\/wp-content\/uploads\/2013\/07\/Untitled-31.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-36198\" alt=\"Untitled-3\" src=\"http:\/\/i2.wp.com\/alienbabeltech.com\/main\/wp-content\/uploads\/2013\/07\/Untitled-31.jpg?resize=377%2C252\" srcset=\"http:\/\/i2.wp.com\/alienbabeltech.com\/main\/wp-content\/uploads\/2013\/07\/Untitled-31.jpg?resize=377%2C252 377w, http:\/\/alienbabeltech.com\/main\/wp-content\/uploads\/2013\/07\/Untitled-31-300x200.jpg 300w\" sizes=\"auto, (max-width: 377px) 100vw, 377px\" data-recalc-dims=\"1\" \/><\/a><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-top: 0in; margin-right: .25in; margin-bottom: 10.0pt; margin-left: .25in;\"><b style=\"mso-bidi-font-weight: normal;\"><i style=\"mso-bidi-font-style: normal;\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">Moving Time \u2013 <\/span><\/i><\/b><i style=\"mso-bidi-font-style: normal;\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">People continue to accumulate more and more stuff to the point they either say they can\u2019t move because of the heavy load or they streamline down to the items that really count and sell\/give away the rest.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span><\/span><\/i><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">Not that we use it that much, but it\u2019s our stuff.<\/span><\/p>\n<p>Recently, our neighbors &#8212; who\u2019s kids had \u201ccome of age\u201d &#8212; announced they were moving, downsizing. They were probably doing it to make sure the kids didn\u2019t move home again.<\/p>\n<p>During the move, they shed a lot of their stuff, keeping memories and selling\/donating the rest. A lot of it they hadn\u2019t used \u2013 probably hadn\u2019t even seen &#8212; for years.<\/p>\n<p>This time, they rented a home instead of buying, saying they could use the money to travel instead of property \u2026 \u201cthings.\u201d<\/p>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><b style=\"mso-bidi-font-weight: normal;\">Ownership Downsizing<\/b><\/p>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\">In talking with the folks at IDC, I found that a lot of younger people have the same idea, rent\/lease, rather than buying.<\/p>\n<p>Some have explained that they simply don\u2019t have the money what with student loans that need to be paid and trying to build a financial cushion.<\/p>\n<p>They\u2019re also renting or buying pre-owned (used) stuff because it\u2019s actually a little better for the environment.<\/p>\n<p>If you look around, there are a lot of examples of people making a conscious decision (or because of tight money) to rent rather than buy. <span style=\"mso-spacerun: yes;\">\u00a0<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: .0001pt; line-height: normal;\"><span style=\"font-size: 12.0pt; font-family: 'Times New Roman','serif';\">You know:<span style=\"mso-spacerun: yes;\">\u00a0 <\/span><\/span><\/p>\n<ul style=\"margin-top: 0in;\" type=\"disc\">\n<li class=\"MsoNormal\" style=\"margin-bottom: .0001pt; line-height: normal; mso-list: l1 level1 lfo1; tab-stops: list .5in;\"><span style=\"font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-style: italic;\">apartments<\/span><\/li>\n<li class=\"MsoNormal\" style=\"mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal; mso-list: l1 level1 lfo1; tab-stops: list .5in;\"><span style=\"font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-style: italic;\">cars<\/span><\/li>\n<li class=\"MsoNormal\" style=\"mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal; mso-list: l1 level1 lfo1; tab-stops: list .5in;\"><span style=\"font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-style: italic;\">houses<\/span><\/li>\n<li class=\"MsoNormal\" style=\"mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal; mso-list: l1 level1 lfo1; tab-stops: list .5in;\"><span style=\"font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-style: italic;\">bikes<\/span><\/li>\n<li class=\"MsoNormal\" style=\"mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal; mso-list: l1 level1 lfo1; tab-stops: list .5in;\"><span style=\"font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-style: italic;\">household appliances<\/span><\/li>\n<li class=\"MsoNormal\" style=\"mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal; mso-list: l1 level1 lfo1; tab-stops: list .5in;\"><span style=\"font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-style: italic;\">lawn and yard equipment<\/span><\/li>\n<li class=\"MsoNormal\" style=\"mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal; mso-list: l1 level1 lfo1; tab-stops: list .5in;\"><span style=\"font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-style: italic;\">parking spaces<\/span><\/li>\n<li class=\"MsoNormal\" style=\"mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal; mso-list: l1 level1 lfo1; tab-stops: list .5in;\"><span style=\"font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-style: italic;\">electronics<\/span><\/li>\n<li class=\"MsoNormal\" style=\"mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal; mso-list: l1 level1 lfo1; tab-stops: list .5in;\"><span style=\"font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-style: italic;\">home security<\/span><\/li>\n<li class=\"MsoNormal\" style=\"mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal; mso-list: l1 level1 lfo1; tab-stops: list .5in;\"><span style=\"font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-style: italic;\">media<\/span><\/li>\n<li class=\"MsoNormal\" style=\"mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal; mso-list: l1 level1 lfo1; tab-stops: list .5in;\"><span style=\"font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-style: italic;\">tools<\/span><\/li>\n<li class=\"MsoNormal\" style=\"mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal; mso-list: l1 level1 lfo1; tab-stops: list .5in;\"><span style=\"font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-style: italic;\">money<\/span><\/li>\n<li class=\"MsoNormal\" style=\"mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal; mso-list: l1 level1 lfo1; tab-stops: list .5in;\"><span style=\"font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-style: italic;\">office space<\/span><\/li>\n<\/ul>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">The difference between my office and den and the kids\u2019 rooms only amplified that generational change.<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">I have stacks of LPs, shelves of CDs, some DVDs and a lotta\u2019 books.<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">The kids have their iPods, smartphones, tablets, USB sticks, portable hard drives, Pandora, IHeartRadio, iTunes, YouTube and you name it \u2026 tens of thousands of songs, years and years of video and libraries of reading at their fingertips.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: .0001pt; line-height: normal;\"><b style=\"mso-bidi-font-weight: normal;\"><span style=\"font-size: 12.0pt; font-family: 'Times New Roman','serif';\">Starting With Less<\/span><\/b><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: .0001pt; line-height: normal;\"><span style=\"font-size: 12.0pt; font-family: 'Times New Roman','serif';\">Globally, the three billion consumers in emerging countries won\u2019t have to go through my speed bump of analog and digital entertainment; they\u2019ll start out digital and probably rent vs. buy.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">If they get tired of the content, they simply quit renting it.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">And it will all be on some mobile device, so taking their content with them when they move won\u2019t be a hassle.<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">Of course, that\u2019s going to put a crimp in all of those special sales, but I can see it happening.<a href=\"http:\/\/i2.wp.com\/alienbabeltech.com\/main\/wp-content\/uploads\/2013\/07\/Untitled-41.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-36199\" alt=\"Untitled-4\" src=\"http:\/\/i2.wp.com\/alienbabeltech.com\/main\/wp-content\/uploads\/2013\/07\/Untitled-41.jpg?resize=370%2C258\" srcset=\"http:\/\/i2.wp.com\/alienbabeltech.com\/main\/wp-content\/uploads\/2013\/07\/Untitled-41.jpg?resize=370%2C258 370w, http:\/\/alienbabeltech.com\/main\/wp-content\/uploads\/2013\/07\/Untitled-41-300x209.jpg 300w\" sizes=\"auto, (max-width: 370px) 100vw, 370px\" data-recalc-dims=\"1\" \/><\/a><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-top: 0in; margin-right: .25in; margin-bottom: 10.0pt; margin-left: .25in;\"><b style=\"mso-bidi-font-weight: normal;\"><i style=\"mso-bidi-font-style: normal;\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">Really Big Sale \u2013 <\/span><\/i><\/b><i style=\"mso-bidi-font-style: normal;\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">Young or old, it doesn\u2019t really matter. Tell people there\u2019s a really big, limited-time sale and they\u2019ll mob the store to buy whatever they can get their hands on it. Really want it? Really need it?<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>It doesn\u2019t matter \u2026 it\u2019s new and cheap.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span><\/span><\/i><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">It will take a lot of the fun out of shopping for my wife when she can\u2019t come home with bags, boxes, delivery trucks to tell us how much she saved.<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">But with traditional financing being more difficult to obtain, the rent-to-rent and swapping\/sharing industries should be really big in the future. Especially since, according to <i style=\"mso-bidi-font-style: normal;\">Consumer Reports<\/i>, the median household income in the U.S. has fallen more than five percent since 2009 (despite what the Fed says).<span style=\"mso-spacerun: yes;\">\u00a0 <\/span><\/span><\/p>\n<p>The researchers note that the number of households with credit histories so damaged that they don\u2019t even qualify for credit cards has risen from 27 percent to 35 percent over the past five years.<\/p>\n<p style=\"margin: 0in; margin-bottom: .0001pt;\"><b style=\"mso-bidi-font-weight: normal;\">Global Trend<\/b><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: .0001pt; line-height: normal;\"><span style=\"font-size: 12.0pt; font-family: 'Times New Roman','serif';\">The U.S. population isn\u2019t the only one that has been pared back and is considering an alternative to a new top-of-the-line smartphone, tablet, PC every time they turn around. Google\u2019s Mine has probably tapped into this trend as well as the interest younger adults have in doing more with less and sharing\/trading goods\/products\/services.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal;\"><span style=\"font-size: 12.0pt; font-family: 'Times New Roman','serif';\">The idea certainly isn\u2019t new. <span style=\"mso-spacerun: yes;\">\u00a0<\/span>It has been going on since people stood upright and has been a growing part of the economy that few track or cover.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal;\"><span style=\"font-size: 12.0pt; font-family: 'Times New Roman','serif';\">If you look at megacities around the globe, space is at a premium and apartments\/homes have shrunk.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal;\"><span style=\"font-size: 12.0pt; font-family: 'Times New Roman','serif';\">People are more careful, more cautious about the physical objects they purchase and more of them have joined the underground sharing economy.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';\">It\u2019s a growing movement that enables the sharing of personal resources among members. <\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: .0001pt; line-height: normal;\"><b style=\"mso-bidi-font-weight: normal;\"><span style=\"font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';\">Big Market<\/span><\/b><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: .0001pt; line-height: normal;\"><i style=\"mso-bidi-font-style: normal;\"><span style=\"font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';\">Forbes<\/span><\/i><span style=\"font-size: 12.0pt; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';\"> recently estimated that the sharing economy is worth $3.5 billion and could double in a few years.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"mso-margin-top-alt: auto; mso-margin-bottom-alt: auto;\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';\">There are a lot of free sharing services out there, but leave it to Google to perfect a way to monetize and handle the sharing transactions<span style=\"mso-spacerun: yes;\">\u00a0 <\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">Cloud computing and storage is another form of the sharing economy for personal and business use.<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">Why upgrade servers and systems\/networks every two years and storage devices every time you turn around when you can simply rent it?<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">Cloud computing, especially a private cloud, makes a lot of sense for businesses because it\u2019s about as secure as anything can be in today\u2019s \u201cprivate and secure\u201d world.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';\">From a company\u2019s perspective, cloud computing\/storage is a lot more reliable, resilient and more economical&#8211; especially when mission-critical IT activities are involved.<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';\">The same is true for individuals.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';\">Companies (manufacturers) that take part in the shift could easily do what GE did years ago and establish their own leasing\/rental operations.<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';\">Not certain how their CFO handles the accounting, but that\u2019s his problem.<a href=\"http:\/\/i0.wp.com\/alienbabeltech.com\/main\/wp-content\/uploads\/2013\/07\/Untitled-51.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-36200\" alt=\"Untitled-5\" src=\"http:\/\/i0.wp.com\/alienbabeltech.com\/main\/wp-content\/uploads\/2013\/07\/Untitled-51.jpg?resize=412%2C310\" srcset=\"http:\/\/i0.wp.com\/alienbabeltech.com\/main\/wp-content\/uploads\/2013\/07\/Untitled-51.jpg?resize=412%2C310 412w, http:\/\/alienbabeltech.com\/main\/wp-content\/uploads\/2013\/07\/Untitled-51-300x225.jpg 300w\" sizes=\"auto, (max-width: 412px) 100vw, 412px\" data-recalc-dims=\"1\" \/><\/a><\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin-top: 0in; margin-right: .25in; margin-bottom: 10.0pt; margin-left: .25in;\"><b style=\"mso-bidi-font-weight: normal;\"><i style=\"mso-bidi-font-style: normal;\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">Newer, Better \u2013 <\/span><\/i><\/b><i style=\"mso-bidi-font-style: normal;\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif';\">Even before the device is worn out, tired or broken, companies are enticing you to upgrade to the new, improved model. Sometimes it has a little more speed, is larger\/smaller, has more memory or a new cord. It doesn\u2019t really matter because it\u2019s a lot better than the one you have \u2026 well, sorta\u2019.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span><\/span><\/i><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';\">All I know is buying a new device to replace the one we bought for our daughter a few months ago is getting to be really hard on the billfold and credit card.<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif'; mso-fareast-font-family: 'Times New Roman';\">Then too, since the <\/span><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif'; color: #222222;\">devices the kids have right now are &#8220;good enough,&#8221; maybe it\u2019s time we simply stopped paying extra for the latest and greatest.<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif'; color: #222222;\">We\u2019re not quite sure about jumping into the sharing economy just yet because the guidelines as to what is being delivered or exchanged is still evolving.<\/span><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 12.0pt; line-height: 115%; font-family: 'Times New Roman','serif'; color: #222222;\">But as soon as eBay, Google, Amazon get it figured out, we\u2019ll take a closer look.<\/span><\/p>\n<p align=\"center\"># # #<\/p>\n<h1 style=\"padding-left: 30px;\">G.A. \u201cAndy\u201d Marken<\/h1>\n<p style=\"padding-left: 30px;\"><strong>President<\/strong><\/p>\n<p style=\"padding-left: 30px;\"><strong>Marken Communications, Inc.<\/strong><\/p>\n<p style=\"padding-left: 30px;\"><strong><a href=\"mailto:Andy@markencom.com\">Andy@markencom.com<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<blockquote style=\"padding-left: 30px;\"><p>Please join us in our <a href=\"http:\/\/alienbabeltech.com\/abt\/index.php\" target=\"_blank\">Forums<\/a><\/p>\n<p>Become a Fan on <a href=\"http:\/\/www.facebook.com\/pages\/AlienBabelTech\/123268467142\" onclick=\"_gaq.push(['_trackEvent', 'outbound-article', 'http:\/\/www.facebook.com\/pages\/AlienBabelTech\/123268467142', 'Facebook']);\" target=\"_blank\">Facebook<\/a><\/p>\n<p>Follow us on <a href=\"http:\/\/twitter.com\/alienbabeltech\" onclick=\"_gaq.push(['_trackEvent', 'outbound-article', 'http:\/\/twitter.com\/alienbabeltech', 'Twitter']);\" target=\"_blank\">Twitter<\/a><\/p>\n<p>For the latest updates from ABT, please <a href=\"http:\/\/alienbabeltech.com\/main\/?feed=rss2\" target=\"_blank\">join our RSS News Feed<\/a><\/p>\n<p>Join our Distributed Computing teams<\/p>\n<ul>\n<li>Folding@Home &#8211; Team AlienBabelTech &#8211; 164304<\/li>\n<li>SETI@Home &#8211; Team AlienBabelTech &#8211; 138705<\/li>\n<li><a href=\"http:\/\/www.worldcommunitygrid.org\/reg\/viewRegister.do?teamID=3P39R3SRV1\" onclick=\"_gaq.push(['_trackEvent', 'outbound-article', 'http:\/\/www.worldcommunitygrid.org\/reg\/viewRegister.do?teamID=3P39R3SRV1', 'World Community Grid &#8211; Team AlienBabelTech']);\" target=\"_blank\">World Community Grid &#8211; Team AlienBabelTech<\/a><\/li>\n<\/ul>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s New, Better \u2013 Companies no longer work for a year or more on a new product or device and then roll out something that is spectacularly different. Instead, they roll out a new&#46;&#46;&#46;<\/p>\n","protected":false},"author":396,"featured_media":36200,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2533],"tags":[6777,6778,6779,4652,6780],"class_list":["post-36194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-abt-news","tag-google-mine","tag-ownerhip-downsizing","tag-rent-vs-buy","tag-sharing","tag-sharing-economy"],"_links":{"self":[{"href":"http:\/\/alienbabeltech.com\/main\/wp-json\/wp\/v2\/posts\/36194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/alienbabeltech.com\/main\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/alienbabeltech.com\/main\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/alienbabeltech.com\/main\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"http:\/\/alienbabeltech.com\/main\/wp-json\/wp\/v2\/comments?post=36194"}],"version-history":[{"count":0,"href":"http:\/\/alienbabeltech.com\/main\/wp-json\/wp\/v2\/posts\/36194\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/alienbabeltech.com\/main\/wp-json\/wp\/v2\/media\/36200"}],"wp:attachment":[{"href":"http:\/\/alienbabeltech.com\/main\/wp-json\/wp\/v2\/media?parent=36194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/alienbabeltech.com\/main\/wp-json\/wp\/v2\/categories?post=36194"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/alienbabeltech.com\/main\/wp-json\/wp\/v2\/tags?post=36194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}