The term BLACK FRIDAY has nothing to do with Racism, BLM, ANTIFA, Blacks or the killing of black by police officers, African Americans, or People of Color (who were formerly referred to as Colored People which they believed to be distasteful)... it has to do with economics and the business of economics as it applies to our American Society which encompasses ALL PEOPLE not just whites, Asians, Hispanics, Latinos, Native Americans, or Blacks... OR SO WE THOUGHT... BUT, according to Britannica,
It is believed by many that the term Black Friday derives from the concept that businesses operate at a financial loss, or are “in the red,” until the day after Thanksgiving, when massive sales finally allow them to turn a profit, or put them “in the black.” However, this is untrue.
A more accurate explanation of the term dates back to the early 1960s, when police officers in Philadelphia began using the phrase “Black Friday” to describe the chaos that resulted when large numbers of suburban tourists came into the city to begin their holiday shopping and, in some years, attend Saturday’s annual Army-Navy football game. The huge crowds created a headache for the police, who worked longer shifts than usual as they dealt with traffic jams, accidents, shoplifting, and other issues.
Within a few years, the term Black Friday had taken root in Philadelphia. City merchants attempted to put a prettier face on the day by calling it “Big Friday.”
The phrase “Black Friday” to signify a positive boost in retail sales didn’t grow nationwide until the late 1980s, when merchants started to spread the red-to-black profit narrative. Black Friday was described as the day stores began to turn a profit for the year and as the biggest shopping day in the United States. In truth, most stores saw their largest sales on the Saturday before Christmas.
In recent years, Black Friday has been joined by other shopping holidays, including Small Business Saturday, which encourages shoppers to visit local retailers, and Cyber Monday, which promotes shopping online.
Historically, Black Friday has yet another connotation, one unrelated to shopping. In 1869 Wall Street financiers Jay Gould and Jim Fisk attempted to corner the nation’s gold market at the New York Gold Exchange by buying as much of the precious metal as they could, with the intent of sending prices skyrocketing. On Friday, September 24, intervention by President Ulysses S. Grant caused their plan to fall apart. The stock market instantly plummeted, sending thousands of Americans into bankruptcy.
Isn't is STRANGE how in the US of A, the history that we have been told for many years is NOT TOTALLY ACCURATE nor is it TOTALLY the TRUTH... yet, someone in this country of ours wants us to believe otherwise for some reason... and, most of us so-called Americans do not really give a shit as long as someone in this country takes care of us so that we do not have to take care of ourselves...
