And, as a middle-aged tinkerer, I've heard a lot of doomsayers throughout the years. Guess how many of them were on the mark.
Still, companies come, improve, evolve, prosper, lose and/or gain focus, devolve and decline. It happens all the time. What happens to Fender is anybody's guess...
anybody's! Whatever it is, we'll just have to wait and see.
What I hope is that FMIC will get it's head screwed back on straight, seriously reinvest in their quality control and do a cross-the-board Fender/Squier overhaul, just like they did back in 2008. Perhaps, by then, they'll have purged the marketing schmucks who insist Fender needs to be a
"lifestyle" (re: losing focus) and re-devote themselves to their core values...making instruments that knock people's socks off.
(Of course, people being "people", there will always be their detractors, no matter how good they get...whether due to wanting different things or as a mere knee-jerk reaction. Whatever it is, that's down to the individual consumer.)