Black Monday, Tue, Wed, Thur, Friday, what does it mean..
Black Monday marks the day in 1987, when the Dow Jones Industrial Average (DJIA) lost almost 22% in a single day. That event marked the beginning of a global stock market decline. Inspiring.
Black Tuesday refers to the great crash of 1929, which kicked off the 10 year long Great Depression.
Black Wednesday, September 16, 1992, is also known as the day that mega rich George Soros broke the Bank of England. It has been reported that he made more than $1 billion profit that day.
Black Thursday was named because on Thursday, Oct. 24, 1929, the Dow Jones Industrial Average crashed 11% , causing the Wall Street crash of 1929 and the subsequent Great Depression of the 1930s.
And No prizes for anyone who can figure out why Black Friday was so fortuitously named. If you guessed that it was because retailers are “in the black” (aka profitable) on that day, you just fell for mainstream programming.
If you guessed that it was because of a yearly bout of extreme violence that continues merely because retailers LOVE exploiting consumers who can’t afford stuff at full price—an issue that is clearly the result of consumers paying way too much for the slave-labor-produced crap the other 364 days of the year… you’d be absolutely correct!