Economist Greg Norman Makes A Brilliant Observation

by Ryan Ballengee on Nov 18, 2009 3:26 PM EST

Noted economist and professional golfer Greg Norman told the press earlier this year that "America is absolutely dead, and it doesn’t look like it’s going to come back for quite a while." Now, he's back again and making even more obvious prognostications about the future of the global economy.

From the AP report in Dubai:

"Golf is not going to be like it used to be. It’s tough out there—tough in business," Norman said. "… I have gone through the cycle of things being really good and then going through another cycle.

"We golfers have got to step up to the plate and be alert to it," he said. "We have all had to tighten our belts and I think it would be very responsible of the players to be cognizant of that."

What a wonderful observation, filled with insight. With so many shining examples of economic trouble, including the 2010 LPGA schedule and the Race to Dubai losing 25% of its value, I had no clue.

But, perhaps Greg Norman was simply speaking out ahead of December, which is now National Awareness Month - dedicated to speading awareness of the obvious.

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I wish these guys would define their statments a little better. Is he talking about professional golf ? golf course building ? the manufacturers ? golf business people in general ?

People who love golf and play it will find places to play – no matter what the pros do, no matter what happens to the Nickents and even the Titleists / Callaways / Taylormades / et al, and no matter what happens to some of the bloated high end golf course subdivisions that were built during a very good stretch in the industry.

"this ball will fit in that fairway"

by courtgolf on Nov 18, 2009 3:42 PM EST reply actions