Friday, November 21, 2008

Christmas celebration unfazed by economic recession

(photo by klg 1309. Flickr)

People in Christian countries have started kindling the Christmas lights in their front gate, big and expensive lanterns are displayed on main street, Christmas tree and other decors are sprawling every homes. Stores are flooded with Christmas stuffs. Christmas celebration seem unfazed by economic recession where people are swarming the malls and market stalls for Christmas goodies and gifts for their family and loved ones. This is also the chance for stall owners to pick-up sales, though they are aware that influx of consumers were reportedly diminished compared to last year’s report of the same month.

The consumers scamper mostly to bargain center than in big malls. Early this month, Divisoria the popular bargain center in Binondo, Manila started to be jam-packed with people. Since most bonuses are given during the 2nd week of November, the streets of Divisoria becomes noticeably swelled with consumers and sidewalk vendor alike this latter part of the month. This greatly differ from the record last Christmas and every year, that there were already ample number of buyers roaming the Divisoria mall as early as October.

It seems that no amount of recession can hinder the Christmas celebration as always been the tradition in Christian countries. But this Christmas spending could also be a preparation for stronger storm that maybe lashing the economy next year; that despite economic recession, the people are trying to catch-up for the bargain before the year end.


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