According to research by LG Electronics the average person in the UK will spend £350 ($516) on home cinema equipment this Christmas.
A little googling for population suggests that in the month of December, british spending on home cinema (let alone other electronics or mere televisions and video players not destined for a home cinema) will have to be somewhere north of 21 billion (only US billion, but still) pounds, aka $31 billion. That would be the equivalent of US spending on the order of $160 billion on home cinema equipment. Which would be a problem, because retailers are reporting total holiday-season spending of roughly $90 billion.
If we were all dropping the kind of money El Reg imagines, there wouldn’t be a recession on. At least not until the credit-card bills arrive.