Courtesy of Joshua M. Brown, The Reformed Broker
I’m very relieved to hear of the various incidents of violence brought on by the "doorbusters" and other Black Friday-related narco-shopping come-ons. This mad rush to buy garbage is the single best indication we have that America’s consumers (and the economy that belongs to their appetites) are alive and well.
A Black Friday where no one dies or is sent to the hospital is a major red flag for those who watch the health of the economy anecdotally as I do.
So far we have a pepper spraying at a California Wal-Mart and an actual shooting in South Carolina (also at Wal-Mart). No crushings or tramplings just yet, but you know – fingers crossed. I would feel bad for the victims if not for the fact they are at a Wal-Mart at 4 o’clock in the morning and so they are de facto "asking for it" to begin with.
Links:
LA woman leaves 20 people injured after pepper-spraying shoppers (NYP)
