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Is it correct that the Friday after Thanksgiving is known as Black Friday because everyone goes out and spends lots of money hence putting all the stores in the black?

Part of my American education!!!

John
 

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...yet one wonders if it should be called 'Red' Friday as most everything purchased on that Friday is made in Communist China :)
 

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And this relates to the Insight how? :?
 

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how is it related? maybe this is providing an "insight" into american spending trends lol...

Well, before the lock, how many know what Canadian Boxing day is? :)
 
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