I bought a very nice overcoat yesterday. It’s not an overcoat I needed, really. I need a greater selection of trousers, and I could really do with a few nice sweaters. But it was an overcoat I walked out of the shop with, so… so be it.
I like it. I’m happy.
Today though, I read an interesting ditty…
It went like this: when economic downturns hit economies, the sale of all products slow down as people “tighten-their-belts” - this is to be expected - however, only one product consistently sells more in poor economic conditions than when the economy is good. What you ask? Overcoats. I kid you not. It, along with the skirt-length-theory-of-economics (which I’ll discuss another time) have been proven very accurate indicators of how an economy is doing.
So, I ask you dear readers: anyone else buy an overcoat recently?
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