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Video game consoles flood pawn shops

February 24th, 2009

It seems that a large group of people have become financially unstable to the point where they have had to sacrifice their beloved game consoles.

No they didn’t take them out back and smashed them, they pawned them at their local pawn shop:

“We’re seeing a lot of expensive video game systems, PlayStation 3s and X-Box and others, and a lot of LCDs (flat-screen televisions),” Ace Pawn Shop manager Chris Banul told the Associated Press.

Kotaku reports that the pawnshop empire Cash America has acquired over $1 billion in profits last year for the first time since the companies creation, 25 years ago.

All I know is my Wii would definitly go before my 360.

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