The American movement, The People’s Unionhe proposed to the population of the North American country that this Friday, February 28 It became a day without expenses, because, for decades, “dozens of corporations, politicians and industries have worked together for manipulate the system against the American people. “
“These companies have built an economy designed to blow to workers, reduce wages and keep most of us in a state of struggle. These forces have stolen our financial freedom, have manipulated the government and have maintained power in the elite, “said the founder of the movement, John Schwarz.
Given this situation, the movement against US megacorporations requested a boycott National for 24 hours, with the aim of carrying out a Economic blackout and hit the financial institutions that have caught thousands in debts, “inflating interest rates and making it impossible for the ability to buy a house.”
During his campaign on social networks, entitled: “Economic Blackout“, The activist group asked consumers in the United States to avoid online purchases; nevertheless, if in case they had to buy something in physical stores, they were recommended cash, To frustrate credit and debit card companies.
Will the economic blackout make any difference?
So far, there is still no clear indication of how many people decided to participate in the economic blackout of the United States, which is being carried out during this Friday, February 28, because US chains have not launched Reports in relation to effects of the protest nationwide.
According to the former Secretary of Labor of the United States, Robert Reich, Until 14 hours it was not visible “no reduction by consumers”, taking into consideration that he carried out an evaluation with various retail executives and reports from his network of analysts who monitor shopping centers and stores.
“It does not seem that anyone is really going back. If there are only 5% or 10% of people who are not buying, that could happen any day by the rain wave snow“added the educator in personal finance, Tiffany Alichewho made several criticisms and suggestions sarcastic To be able to counteract mass purchases.
Although dozens of people published videos on social networks saying that they were not going to make any purchase this Friday, February 28, many research companies did not perceive the immediate impact of the economic blackout on sales, so it is speculated that it did not have Important commercial consequences.
However, although megacorportations in the United States They were not affectedsmall businesses have benefited from buyers who made the decision to take advantage of the economic blackout day to visit the stores independent of their community and directly support small entrepreneurs.
In social networks, Mischa Roy, the owner of a tea store in Northampton, Massachusetts, called Spill the Tea, confessed that he had reduced his staff due to the commercial boycott; However, their sales increased and Mischa said that many of their loyal customers began buying items atypical as crystals and candles.
A Consumer-Activist Group Founded by John Schwarz has launched a grassroots campaign to halst spending online or instore and not use credit or debit cards for 24 hours on friday, Feb. 28.
Read more: https://t.co/danb6h0yav pic.twitter.com/TVWBZ80AIV– Forbes (@forbes) February 27, 2025