Framework · 42:12
// THE QUOTE
“they say we're recession-proof but I'm not sure if that's the case”
— John Adams · Eastern Frontier Auctions
Tight macro read: bad times people sell for cash, good times they buy — paired with the COVID microchip squeeze on used gear; self-contained economics a builder respects.
Full episode at 42:12How Two Newfoundlanders Built Atlantic Canada's Virtual Heavy Equipment Marketplace | Eastern Frontier ▸
THE LESSON THIS CLIP CARRIES
COVID and chip-shortage supply disruptions proved that regional used-equipment markets can grow self-sufficiently when new-equipment imports stall.
“you couldn't get new equipment so all of a sudden people are basically getting what they can”
THE CHAPTER IT LIVES IN
Auction mechanics, online bidding, and deal flexibility
39:10
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SOURCE: 42:12 of How Two Newfoundlanders Built Atlantic Canada's Virtual Heavy Equipment Marketplace | Eastern Frontier