Tuesday, November 22, 2011

A Sign from the Fashion God

Just maybe we are in for an unconventional turn of events in the on-going saga about the world economy. Just as Ground Hog Day is used as a predictor of how much longer winter will last past February 2nd, it now seems that how high women’s heels are is no longer a measure or reflector of how well the economy is doing. In an article I just read in Daily Finance (http://www.dailyfinance.com/2011/11/21/low-heels-will-spike-this-winter-countering-recession-trend/) historically, high heels would “spike” during recessions, but this winter, they will go flat according to this article. Did they spike traditionally out of hope, in order to provide a longer view, in order to suggest to the stock market that it too should spike instead of redline? Who knows? What we do know is that the projected lower profile or center of gravity for women’s shoes must be a harbinger of something. In fact, it not only is a reflection of new developments on the horizon, it is very much a precipitous event that will set in motion a chain of events of global proportions.
Perhaps it is merely a reflection of the subconscious acceptance by fashion that the world is becoming flat, as Thomas Friedman predicted in his book, The World is Flat. Or perhaps it is a forecasting indicator that the haves are lowering their profile and preparing to be more like the 99% of the rest of us. Will the “one percenters” still wear spikes, or will they lower themselves and their expectations and regain their humanity in some way? Will they be shamed into being less extravagant in order to appear more modest, even if they keep their 90 percent of the wealth? In any case, low heels are in. Whether or not the well-heeled follow the trend remains to be seen. As F. Scott Fitzgerald said in ‘The Rich Boy”: "Let me tell you about the very rich. They are different from you and me.”
All of this may seem absurd on the surface, and no one wants to be measured by a heel let alone become one. Yet, there is something “freakonomic” about the whole idea. It is taking one aspect of human behavior and trying to apply it to a whole other context. Given the ideas and fears that send the stock market skyrocketing one day and augering in the next, a connection between the height of heels and the economy is not so far-fetched. What it suggests is the human tendency toward cause-effect as the default way secular beings “reason” when we really do not know. Religious beings simply turn to God or the “chosen text” (Bible, Koran, etc) for an answer. In any case, it will be interesting to see how many of us heel to this theory and whether or not it signals any healing in the economy.

1 comment:

  1. Did they mention skirt length? That has been another traditional economic correlation. If the two auguries are at odds, perhaps that is a symbol of the times as well.
    http://washingtonexaminer.com/blogs/opinion-zone/2011/02/skirt-length-economic-forecasts-new-york-fashion-week-0

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