Originally Posted by LonesomeCowboy

I was interested in the title, so I did a bit of research, I've just found this on the net :

Egg-town is a term that refers to the days of bartering, during the Great Depression. A traveling salesman would have to barter his candy or tobacco or shoelaces for different commodities. A poor exchange would be for eggs, a relatively common item that is also highly perishable. Nobody wants to trade for eggs from a traveling salesman because they have their own, so the salesman who accepted an egg in exchange was forced to accept a bad deal. .

The term "egg-town" represents a deal with undesirable outcomes in either case.