Topic: Toy Companies

1 chapters across the catalog

70: Four Freedoms
• 2:04:43 - 2:08:12

70: Four Freedoms

Economic Impact of Holidays, Red to Black

Black Friday is named for the day retail sales move from "red" (loss) to "black" (profit), with half of all toy sales occurring during the holidays. The hosts argue that if retailers remain in the red after this season, the "less people" group's mission will have failed. They suggest that the money people who "rigged the game" did not account for the total breakage of the holiday economic cycle.