That is exactly what I was wondering about! That little bent matchstick you’ve posted a picture of. WOW. This is better than Mr Wizard’s Science Hour! Love how all you folks come together to provide the answers to these tech questions.
Now I can see how even a tiny bit of moisture inside a speaker could be the kiss of death, too. Magnets, coil, diaphragm - none would perform well when soaked.
The distortion I heard at first when I swam with my Life aids was like a diaphragm issue - crinkly, crackly and almost like voices were coming from a well. But then the aids went into a steady, loud BUZZING sound, so that makes me think the electronics were fritzing - like a radio that drifts from the signal and just puts out static HUM.
Cool.