Kiplinger's Ten Signs the economy sucks #8 too many gators
Posted by
zeitgeist
Jun 16 '09, 21:44
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What do 100,000 alligators have to do with the economy? They're all residents of Savoie�s Alligator Farm, one of the largest in Louisiana. Yet, the farm, which sells gator-skin hides to tanners who in turn sell them to luxury designers like Louis Vuitton, says it hasn't sold a single hide since November.
People just aren't buying alligator skin handbags and luggage. Yes, it's tough on the gator farmers. They're trying to keep the hides they already have in stock from spoiling.
I guess only the gators are not complaining.
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