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Reply #80: Are people stupid? [View All]

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CoffeeCat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 02:39 PM
Response to Reply #39
80. Are people stupid?
So this is global stupidity?

I always thought that the markets moved on reality-based information.

Seriously--the world is booming because Black Friday sales improved over recent years in which
sales were in the toilet?

Never mind that Europe is cratering, unemployment in the US is worsening and consumer confidence
is down--just focus on improved sales from ONE DAY.

Furthermore, the reason for improved sales could be that desperate people are looking for rock-bottom
deals because that is all they can afford.

I'm seriously wondering today--if the entire world has gone mad.
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