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Originally Posted by freddymo
I think Azeri going for 2.2 tells more about the economy of breeding then the national economy. Maybe some good comes of breeders not being as powerful as they have been.although I doubt it.
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These people aren't solely breeders for a living though, and whatever family fortunes may be in on this, they still have investments and things that effect how much charitable giving they do, how much they consider to be disposable income, how much whatever they involve themselves in will grow for the year. They've been hit pretty hard. How much people invest to get into breeding from the beginning, maybe a hot stallion prospect or a foundation mare's gonna go down. I wonder how many in our sport got affected by Bernie Madoff come to think of it. He got a lot from a lot of people.