Thread: Ah well...
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Old November 7th 17, 06:33 AM posted to rec.photo.digital
Eric Stevens
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Posts: 13,611
Default Ah well...

On Tue, 7 Nov 2017 11:01:57 +1100, Noons
wrote:

They were warned quite a few times that dumping on their long term users
was a BAD idea...

https://www.dpreview.com/news/472631...he-end-of-2017

Buh-bye, Nikon.
You were once good, but...


I don't know the details of what Nikon is doing in Brazil but I expect
a major factor in whatever they are doing is the horrendous state of
the economy and internal conditions within Brazil. See
http://www.heritage.org/index/country/brazil
"A political crisis that, along with declines in commodity prices,
contributed to a sharp contraction of the economy has undermined
consumer and investor confidence. Brazil’s fiscal condition has
been severely compromised by a combination of high inflation,
political paralysis, and widening budget deficits that have
elevated the burden of public debt.

The state’s interference in the economy has been heavy. The
efficiency and overall quality of government services remain poor
despite high government spending. Implementation of any reform
program has proven difficult. Barriers to entrepreneurial activity
include burdensome taxes, inefficient regulation, poor access to
long-term financing, and a rigid labor market. The judicial system
remains vulnerable to corruption.


.... and look at the economic data for the last few years:
https://www.focus-economics.com/countries/brazil
--

Regards,

Eric Stevens