Monday, August 24, 2009

The Economy According to Men's Undies


Alan Greenspan, the chairman of the Federal Reserve, thinks that the status of the American economy can be tracked by the sale of men's underwear (a.k.a. Manties - men's panties). I thought that this was hilarious and absolutely ridiculous when I first started reading the article, however, it actually seems to make sense.

The theory is that when the economy is bad, the first thing that men stop buying is underwear since no one sees them. When things pick up, it is the first thing that they stock up on (since their other ones are probably old and gross by then). Read the full, hilarious, article on The Cut. Thankfully, it is a sign of the times that Manty sales are trending upward. Hopefully Mr. Greenspan is right about something and maybe this recession won't last as long as we all originally thought. Maybe the guys just got sick of doing their laundry and decided to go out and get new ones? It could also be because of David Beckham :)


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