The Mystery of the Origin of Black Friday Revealed
I’ve been occupied all week with black Friday.
Maybe because I was born on Friday the 13th?
In my Western Dutch Christian Culture, Friday and black stand for something negative, something to be afraid of, something that brings bad luck.
Superstition aside, the rite of Black Friday, the almost religious collective mass of consumerism in the West, sparked a genuine curiosity to investigate its roots.
Is it purely economical? or maybe some religious or even ‘conspiracy’ theme?
Let’s dive in with an open mind, as so many of you will dive into the shops today, leaving you with an empty wallet but new, shiny, happy products.
For a better life.
A day signalling economic prosperity instead of red debt?
This first reason seems rather odd.
The general belief is that when negative numbers on companies' balance sheets show red, the opposite should naturally be black.
Meaning profit. Or not showing any loss.
Like in a Casino, which essentially (the financial )market is. I mean, when you’re not in the top of the pyramid steering all the crises.
According to wiki, this isn’t the case.
Historically, black has been associated with days of economic stress instead of booming commercial success.
The same goes for Holland. Black money brings you into trouble since it’s illegal money in the eyes of the Government. The black plague was called black, not the white plague, since death people turn black. (After being pale, white and some other colours depending on their illness) . The black widow is a deadly spider. It’s not called the Lila Widow.
And I can go on.
I leave out the discussion of race here since indeed black is beautiful as well, but not to complicate things here beyond the scope and goal of this blog.