Thursday, October 23, 2008

Haircut Economic indicator

Back in the 1920s, the economist George Taylor conceived the hemline index,finding that skirts got longer as the economy slowed. These days, there's been talk of a haircut index, with short locks signaling a market drop.

During a recession, sales of laxatives and aspirins go up, because people are under tremendous stress,and hold themselves back.

During a economic boom, deodorant sales go up, because people are out dancing/flirting around.

When people have less money, they buy more of the things that have less water in them, things that are not so perishable. Instead of Meat and fruit, it's rice, grains,and pulses.

People are physically healthier in times of recession,people smoke less(no money to smoke away,yaar),drink less(cheemaji, get ready for Mrs.sharmaji's kitty [evening] parties) and exercise more.

Traffic accidents go way down, which is not a surprise when people drive less(who will buy Rs.5 lakh car??,when Rs.5(bus ticket!!) does the job).When the economy weakens, pollution falls....think abt it???
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109-Apr-2017SundayMahavir Jayanti
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