Quote:
Originally Posted by Pierre
It’s not Christmas
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Despite the promises of a Brexit dividend I’m sure we can all agree it’s not Christmas.
The principle of panic buying applies if people
believe they have limited time or opportunity to buy the same items in the near future. It becomes a self fulfilling prophecy.
If i head out to do my weekly shop and buy an extra item here or there, an extra loaf and milk “just in case”. If a few dozen people do the same each day at the same store it won’t take very long until it’s all over social media that X supermarket in Y town is out of loaves and milk. Then every other “rational person” heads out to buy the same items elsewhere and it’s a domino effect. 24 hour news channels will probably be as irresponsible as ever and interview anyone who says the right thing for the camera. “
PANIC! PANIC! PANIC!”. Of course anyone who says everything is fine will be suitably boring to be edited out.