3 ms·
Black friday is a datapoint. But maybe people are deferring purchases to these sale periods. What proportion of goods were luxury vs. not. Also poor people can
by nrhrjrjrjtntbt 11mo ago
Black friday is a datapoint. But maybe people are deferring purchases to these sale periods. What proportion of goods were luxury vs. not.
Also poor people can get into debt they are still poor. Maybe they can afford a nintendo switch but not afford to raise a family.
- thinkingtoilet 11mo agoThe only things I bought on Black Friday were things I would normally have bought but just waited a few weeks/months to get.
- SoftTalker 11mo agoSame among people I know. My MIL needed to replace some kitchen appliances and waited for BF sales.
- kshacker 11mo agoDeferring sales is one datapoint. But setting records is another datapoint and counter to deferring IMO. Edit there is talk below of inflation adjusted numbers being high but meh