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THE Black Friday Shopping Thread (merged)

Discussions about the economic and financial ramifications of PEAK OIL

Did you go shopping on Friday?

Yes
5
No votes
No
44
No votes
I went out to the mall, but just watched and did not buy anything.
1
No votes
I went to the mall and shoplifted all of my presents.
3
No votes
 
Total votes : 53

Re: Post Your "Black Friday" Shopping Report

Unread postby tex123 » Sun 30 Nov 2008, 08:06:33

I think everyone has seen the video of the Long Island Walmart crowd that trampled a worker to death by now.

I wonder what those people were so hell bent on buying in there. Another video I saw were people fighting over the oversized T.V.'s.
Did anyone in that door buster mob look like they could afford to pay cash for a big screen t.v. that cost in the neighborhood of $800.00? I thought the credit was drying up?

Any opinions on this? I have one 6 yr. old set and I probably won't buy another one until this one dies. Same goes for a cheap laptop. I just didn't see anything in the Walmart ad worth killing for. Last year or year before they had $50.00 televisions, but now $800.00? That would pay the taxes on a decent house many places for the whole year or a months rent in a nice apartment.
'A government big enough to give you everything you want, is big enough to take away everything you have.'
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Re: Post Your "Black Friday" Shopping Report

Unread postby cube » Sun 30 Nov 2008, 08:50:14

$this->bbcode_second_pass_quote('BlueGhostNo2', 'Y')eah, In a way people have to shop for xmas due to social pressure.
I still remember the dot com years.

Back in those days some people would literally pitch a tent in front of a store the day before and sleep overnight just so they can be first in line when the doors open.
Scalpers would snatch up the hot selling toy of the year and resell it for 20 times it's worth --> remember the Tickle me Elmo craze?
My friend sold a video game console with some games for $1,000 to somebody who paid in cash. The buyer was in the IT business.
If you were in IT back then you had more money then you knew what to do with.

There will always be "social pressure" to buy things during the Christmas holidays but the world has totally changed now.
You no longer have to hold your head down in shame and flog yourself out of guilt for failing as a consumer because you didn't spend $1,500 shopping during the holidays. 8)
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Re: Early data shows strong Black Friday shopping

Unread postby Heineken » Sun 30 Nov 2008, 09:44:28

People are probably saying, "If the government can spend money it doesn't have, why shouldn't I?"
"Actually, humans died out long ago."
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Re: Post Your "Black Friday" Shopping Report

Unread postby JJ » Sun 30 Nov 2008, 09:46:06

$this->bbcode_second_pass_quote('topcat', 'J')J asked:

"How much for the rounds and eagles?"

Bought rounds for 13/each, others were asking as high as 14.

The silver eagles depended on mint date, bought the less expensive dates for 16/each and picked up another 2008 for 19.


bought ten 2008 AE Tues at 16 each (they said they had them) mail order; was going to buy more Fri. but since I have not yet taken delivery, my wife said wait until you get the ten....
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Re: Early data shows strong Black Friday shopping

Unread postby ReverseEngineer » Sun 30 Nov 2008, 10:17:53

$this->bbcode_second_pass_quote('wisconsin_cur', 'C')ompulsive Consumption, I have observed, is a hard habit to break.

Like any other addiction it will lie latent within many for the remainder of their lives, even if they are unable to act on it for many decades.

But now they are able to act on it. So they do.


Further analysis straight out of the DSM IV from Sigmund Freud.

Is every problem reduceable to some perceived mental illness in people? "AHA! Zees ees Compulsive Addiction. I geev you zum Prozac you von't mees your treeps to Valmart zo much" Since the behaviors are Universal, you can draw universal conclusions all the time?

I'll drop in the sociological explanation rather than the psychological one. Lots of out of work people with little in the way of good prospects for next year want to give their kids one last good Christmas before the house gets foreclosed on. They go out hunting for bargains, some pushing and shoving starts, people lose their tempers.

Let's not put the whole world on the couch here.

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Re: Early data shows strong Black Friday shopping

Unread postby 3aidlillahi » Sun 30 Nov 2008, 10:37:17

$this->bbcode_second_pass_quote('Heineken', 'P')eople are probably saying, "If the government can spend money it doesn't have, why shouldn't I?"


Possibly on the hopes that they'll get bailed out at the end as well. Of course, unaware of where that money would have to come from.
Riches are not from abundance of worldly goods, but from a contented mind.
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Re: Early data shows strong Black Friday shopping

Unread postby RSFB » Sun 30 Nov 2008, 10:39:08

Apparently most retailers had much better deals than last year, so perhaps people took the opportunity to do their shopping earlier. Let's talk again when the figures for the whole holiday season come out.
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Re: Early data shows strong Black Friday shopping

Unread postby mos6507 » Sun 30 Nov 2008, 11:27:46

I was at the mall last night and it looked pretty busy to me. Cutting back on spending doesn't preclude spending some money over a single holiday weekend. However huge the sales are, it won't sustain retail for the whole year.
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Re: Early data shows strong Black Friday shopping

Unread postby Plantagenet » Sun 30 Nov 2008, 13:09:47

The unemployment rate has only gone up a little to a bit over 6%---not very high historically speaking. The US is not in a depression. The US isn't even in a recession yet, technically speaking. We've only had one quarter of negative GPD, and that was only a small -0.5% drop. And gas prices have dropped so much people have an extra $100 or so per month to spend just from that.

Of course people are still shopping.....things just aren't very bad yet. :)
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Black Friday reveals poor human nature

Unread postby Serial_Worrier » Fri 25 Nov 2011, 14:31:34

http://www.freep.com/article/20111125/F ... le-injured

If this is the behavior we see during a recession, imagine what it's gonna be like when the Great Depression hits and then the Great Collapse. :-x
Last edited by Ferretlover on Thu 01 Dec 2011, 10:36:17, edited 1 time in total.
Reason: Merged thread.
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Re: Black Friday reveals poor human nature

Unread postby Serial_Worrier » Fri 25 Nov 2011, 15:27:38

It's a great way to observe proto-zombies. :twisted:
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Re: Black Friday reveals poor human nature

Unread postby Outcast_Searcher » Fri 25 Nov 2011, 16:56:53

$this->bbcode_second_pass_quote('Serial_Worrier', 'h')ttp://www.freep.com/article/20111125/FEATURES13/111125011/Black-Friday-turns-violent-7-U-S-Walmart-stores-least-24-people-injured

If this is the behavior we see during a recession, imagine what it's gonna be like when the Great Depression hits and then the Great Collapse. :-x

This has been going on for at least a decade. (It does seem to get worse as, IMO, our morals gradually collapse).

This is NOT about economic doom. It is about, basically, people being selfish jerks because they weren't brought up with a strong sense of decency.

Yeah, oil (and other resource) shortages are going to put strains on the system. Decency and cooperation and hard work could go a long way towards mitigating that.

The system we are fostering of "what's yours is mine, and I shouldn't have to earn my way" are instead, making it worse.

We (all who have the health and mental competence to make good decisions) deserve our collecitive fate.
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: Black Friday reveals poor human nature

Unread postby jesus_of_suburbia » Fri 25 Nov 2011, 17:11:24

As idiotic as Black Friday behavior is, these acts of violence are for the most part the minority of people. I strolled through some stores late this morning. I got a pretty nice ladder, shop vac, and new winter coat. At lot of the stuff people wait in line for can be bought on craigslist or Amazon marketplace, slightly used, and higher quality. What I tend to see is people buying crappy stuff just because it is dirt cheap.
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Re: Black Friday reveals poor human nature

Unread postby Pops » Fri 25 Nov 2011, 17:34:28

I laughed when I read about the yahoo with the pepper spray, serves the unprepared right to show up to a riot without the appropriate gear.

Don't mace me Santa!

But really, isn't it our society in a nutshell? Anything goes as long as it's in the name of getting the lowest price.

On a related note, any Americans here making an effort to "buy American" this year?

.. just kidding, stupid question.
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves -- in their separate, and individual capacities.
-- Abraham Lincoln, Fragment on Government (July 1, 1854)
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Re: Black Friday reveals poor human nature

Unread postby The Practician » Fri 25 Nov 2011, 18:17:16

$this->bbcode_second_pass_quote('Serial_Worrier', 'h')ttp://www.freep.com/article/20111125/FEATURES13/111125011/Black-Friday-turns-violent-7-U-S-Walmart-stores-least-24-people-injured

If this is the behavior we see during a recession, imagine what it's gonna be like when the Great Depression hits and then the Great Collapse. :-x


The optimist in me says that when it becomes a reality that "consumerism" --as the cultural glue that holds us together-- is no longer a viable option, the masses might actually get over it quite quickly and start demanding the less tangible but more substantial varieties of what you might call freedom. The pessimist says we are going to continue to debase ourselves at the altar of the market, in the vain, irrational hope that it has the power to save us.
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Re: Black Friday reveals poor human nature

Unread postby WildRose » Fri 25 Nov 2011, 19:33:07

We're cutting back some more this year. We (hubby, kids, extended family) realized that we don't usually remember what anyone gave us for Christmas six months later, unless it was really memorable, like a kid's first guitar or something. We all talked about and decided we'd rather just get together and have fun, have game nights and movie nights and maybe go bowling and tobogganing. Personally, I came to detest spending weeks running through malls trying to pick out the perfect gifts for everyone on my list. The family are all quite relieved that gifts won't be the focus of our Christmas - it means we'll have more time to relax and more money in our wallets come January.
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Re: Black Friday reveals poor human nature

Unread postby beamofthewave » Sat 26 Nov 2011, 14:41:56

The only things I am buying are already used things from estate sales. There is enough stuff on the planet already, no need to buy new stuff at all.
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Re: Black Friday reveals poor human nature

Unread postby vision-master » Sat 26 Nov 2011, 15:38:31

Remember Condition Black?
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Re: Black Friday reveals poor human nature

Unread postby dolanbaker » Sat 26 Nov 2011, 17:21:38

What happened on Black Friday should be seen as a warning as to what could happen if there ever was a hiccup in the JIT supply chain!

The shelves would be stripped bare at even the rumour of an impending shortage.
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