> SOME OF THE, MOST UNUSUAL” ECONOMICO01 ROMANCE NOVELS INDICATOR: A bad economy can be heartbreaking. And what is a good escape from heartbreak? A larger-than-life, cheesy romance novel! An instance of this was seen during the 2008 GFC when Harlequin, a giant romance-novel publisher, reported a whopping 32% sales increase - a figure that was never seen before. Experts suggest this could also be because romance novels are less expensive in comparison to other forms of entertainment.02 THE DIVORCE RATES INDICATOR: A divorce is an expensive affair - there's litigation and hefty alimony involved. So a divorce during recession might not be the wisest financial decision. Which is why you'll notice a dip in the divorce rates during an economic downturn. Quite strangely, this indicator got twisted during the pandemic. The pandemic took a toll on marital lives (among other things) & hence divorce rates spiked. You know what they say, ‘Familiarity breeds contempt.’03 THE BIKE FATALITY INDEX: Evidence from the UK suggests that bike fatalities increase during recessions. Talk about ‘dismal’ economic indicators! A possible explanation is that during periods of financial uncertainty, commuters avoid expensive trains and cars in favour of bicycles. More cyclists out there on the roads raises the probability of mishaps.04 HIGH HEELS INDICATOR: It is now an established fact that when the economy is in low spirits, consumers look for means to escape reality and turn to flamboyant fashion products. High heels are one such product, and they have been found to inch higher during economic downturns. In fact, reports suggest that during and after the 2008 GFC, the median height of women’s heels peaked at 7 inches. This median reduced by 2 inches in 2011.05 THE MOSQUITO BITE INDICATOR: Here’s the logic for this one - when the economy is crippling, people abandon homes only to make them breeding grounds for mosquitoes. Consider the US economy after the subprime mortgage crisis. People were forced into foreclosures leaving backyard pools abandoned. The result? More breeding mosquitoes and more mosquito bites.Uae aI ALOU Follow our page