For the past couple of weeks, I’ve noticed many stores slashing their prices for the Christmas period. People just flock over, regardless if the discount was 10 percent or 70 percent. Somehow, getting a 10 percent felt good, even if the absolute amount saved was little.
Once, I heard someone say that Singapore was crazy. First there’s Christmas sales, then the Chinese Lunar New Year sales, then mid-year there’s the Great Singapore Sale. And then it starts all over again with Christmas sales.
My reasoning? It’s probably why the Singapore economy remained relatively stable. People have to buy stuff to move the economy.
Anyway, have a Merry Christmas!