What Can Women’s Heels Tell Us About the Recovery of the Global Economy?

What Can Women’s Heels Tell Us About the Recovery of the Global Economy?

Have you been trying to figure out whether the global economy is near the recovery phase or not? You are certainly not alone. Even though the coronavirus pandemic has not been fully controlled yet, rolling out vaccines across the world has inspired a restrained sense of tranquility, especially as we continue to see the world slowly getting back in order and businesses resuming activities as close to usual as possible. Trying to learn whether the world is overcoming an economic crisis or not yet, we are looking back at indicators that had helped experts decide whether or not the economy was heading up again or not. Typical measures that were usually studied to determine the health of a certain economy such as GDP, unemployment, and inflation rates, in addition to market performance can actually help in providing a clearer picture of where the economy is going. However, researchers have for years turned to less known trends to learn more about the economic performance traced during major economic shocks. Experts have noted that women's fashion, in particular, tends to provide a good indicator of how healthy an economy is. For example, during the 1920s depression, heel heights were found to be