The Stripper Index, named for how it relates the revenue generated by strippers’ cash tips to the financial strain of consumers and the current economic cycle, though it encompasses all forms of sexual labor, has been mostly a joke to economists as they continue to explore different methods of predicting the economy. However, when X user and stripper @botticellibimbo correctly predicted the economic decline in 2022 based on her recent profits at work, economists began to examine the Stripper Index more closely.
I mean, if you’d stop to think for a moment, I’d think the stripper index does have some credence to it beyond the others exactly because of the things you cited…
Sex work is taboo, so the people who seek it are going to be the people who ostensibly “need” it. Most people can take or leave a theme park visit. People addicted to tits aren’t going to give it up so easily. So… the very reasons you question it are exactly why it is a stronger market indicator.
Entirely possible. I said I’m skeptical that it is better than standard models, not that I’m sure. But, in the absence of other evidence, I’m inclined to believe the economists who actually understand economics, rather than some rando on Twitter saying “called it!” - stripper or not.
Isn’t the very article about economists taking a closer look at the general sex worker index more than merely saying someone called it?