Each year we are inundated with offers, ads, and tha MALL is full, and nothing left behind, the shoppers goes crazy. Did you know that people died on their hunt to shop on BLACK FRIDAY?!
Originated in the USA, it has now been adopted by many countries, including UK, and of course, my home country, Romania.
What is BF?
Did you know that the term was initially associated with financial crisis, not sales shopping ( 24 September 1869)
The gold panic was caused by a conspiracy between 2 investors, FISK and GOULD. They formed the gold ring to corner the gold market and force up the price of that metal. The scandal took place during the Presidency of GRANT, whose policy was to sell gold in order to pay off the national debt, stabilize the dollar, and boost the economy. (Read more about the gold ring scandal).
Why is it called BF?
Well, there is an explanation that dates back to the 60’s when the Philadelphia Police Department named the phrase to describe the chaos made by the congestion of pedestrian, vehicle .
With all the shopping activity that takes place the Friday, after Thanksgiving, the day became one of the most profitable days of the year for the retailers and businesses. Now, the accountants use black colour to signify profit and red to indicate a loss, so there we have THE BLACK FRIDAY. A Christmas gift 🎄🎄🎄🎄🎄