It was a stampede at Wal-Mart, no one was rushing to buy a diamond watch or a Merc... I don't see how the background-recession would affect it that much. People would rush for a good deal in any bargain store if it was spun and hyped up to be some huge festive event, as Black Friday is.
You make a good point about the social implications of this news-story, but I think you're just illogically spinning it and relating it to something that really is entirely disconnected. A person with a different economic/political/personal outlook could just as competently argue that they were rushing for goods with no regard for other human beings because the economic crisis is
so desperate, such is the rush for cheap discounted goods. I think tying in the wider economic crisis with a Thanksgiving rush for presents is pretty fruitless though, overall.
As for the start of the crisis, that's arguable where you place the culpability. You seem to blame people who fail to "make good" on their loans... personally I'd be more inclined to blame the sharkish bankers who sold said loans to a demographic that clearly had no hope in hell of repaying the loans on their terms. But that's a debate for another day... or thread, even.
Last edited by Uzique (2008-11-28 11:59:18)