10.18.2007

Seasonal Strikes

Check out this link on the transportation stikes happening in France.

The French are apparently used to this sort of thing, some citizens even buying shoes for the annual event. It's like a national holiday, "Hey everyone, its 'Walk Seven Miles to Work Month!'"

I've heard of seasonality affecting business cycles, but the sneaker companies have to love this market.

It will be interesting to see what happens in the face of this strike. Will the French unions bend under the financial stress of legacy pension and benefit burdens? Or will they stare down the French rookie conservative President?

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2 Comments:

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