Divorce as an Economic Indicator
Tuesday, September 29th, 2009Warren Buffet watches freight rates to gauge the state of the economy.
Jim Cramer says his oracle is the number of cardboard containers sold.
A financial analyst on MSNBC said that people buy more blue jeans when the economy is expanding. Also, men buy brighter colored ties.
But one indicator was most interesting to me. An increase in divorces indicates an economic recovery is on the way. The theory is that a lot of people have been stuck in bad marriages because they couldn’t afford to get a divorce.
