Recently the UK decided to embrace Black Friday. Brought to us by American owned retailers, British consumers have been enjoying the low price shopping sprees at this time of year.
Some buy Christmas Presents while others stock their homes with expensive electronics. Either way, retailers see a huge increase in sales and shoppers.
The term 'Black Friday' Originated in the US stock market, when 2 traders tried to speculatively buy gold, cornering the commodity on the stock exchange. The government stepped in to correct this, flooding the markets with more gold.
This made the price of gold to fall rapidly and meant many traders lost a fortune!