On Friday, hordes of desperate zombies were spotted desperately trying to save a few dollars on toys, apparel and cheaply made electronic goods all over America. Seemingly oblivious to the fact that virtually all of these goods were made outside of the United States in nations where it is legal to pay slave labor wages, these zombies often clashed violently with one another over items such as soap, toilet paper and jumbo-sized televisions. Black Friday puts the worst excesses of American materialism on display for the whole world to see, but most Americans don’t seem to care how pathetic we appear to be to the rest of the planet. The only thing that most Americans know is that it is ‘the holiday season’, and so now it is time to spend, spend, spend even if it means going into crippling amounts of credit card debt.
Overall, it is being projected that Americans will spend an all-time record high of 650 billion dollars this holiday season. That is an amount of money roughly equivalent to the yearly GDP of the nation of Saudi Arabia.
But it would be one thing if we did all of this spending with some class. But instead, many Americans braved freezing cold temperatures and stood in very long lines on Thanksgiving evening so that they could have the opportunity to fight over ‘great deals’ such as $1.60 towels…
This post was published at The Economic Collapse Blog on November 25th, 2016.
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