Why is this alligator smiling? Because you’re not wearing him.
It’s one of the signs the economy is tanking. Yes, really. I read this by Don Mecoy on The Business blog, and it piqued my interest. There are all kinds of quirky signs the economy is struggling, according to a report by Kiplinger.com. The report lists everything from romance novels to eye makeup. Here’s what they said about alligators:
What do 100,000 alligators have to do with the economy? They’re all residents of Savoie’s Alligator Farm, one of the largest in Louisiana. Yet, the farm, which sells gator-skin hides to tanners who in turn sell them to luxury designers like Louis Vuitton, says it hasn’t sold a single hide since November.
People just aren’t buying alligator skin handbags and luggage. Yes, it’s tough on the gator farmers. They’re trying to keep the hides they already have in stock from spoiling. But it’s good news for alligators everywhere—if they only knew.
Staff Writer Carrie Coppernoll