http://www.luxist.com/2009/04/20/luxury-downturn-predicted-to-continue/ Luxist Comments for Luxury Downturn Predicted To Continue http://www.luxist.com/media/feedlogo.gif http://www.luxist.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/http://www.luxist.com/2009/04/20/luxury-downturn-predicted-to-continue/http://www.luxist.com/2009/04/20/luxury-downturn-predicted-to-continue/The markets will not rebound till 2011 and Lux spending will not return until 2012 or 13.
This whole story is just wrong as spending only spreads out AFTER recovery and we are in global markets now.]]>Apr 20th 2009 9:01PMhttp://www.luxist.com/2009/04/20/luxury-downturn-predicted-to-continue/http://www.luxist.com/2009/04/20/luxury-downturn-predicted-to-continue/One step further... hopefully the declines will continue till people come to realize that some things just aren't worth the money. There's nothing glamorous about greed and developing countries trying to emulate it. Not while there are still people dying by the millions each year of disease and hunger. The difference between that knockoff bag and legitimate bag are very slight. About as slight as the difference between that downloaded mp3 and an original CD. When do we start to say enough is enough.]]>Apr 20th 2009 10:05PMhttp://www.luxist.com/2009/04/20/luxury-downturn-predicted-to-continue/http://www.luxist.com/2009/04/20/luxury-downturn-predicted-to-continue/Apr 20th 2009 10:24PMhttp://www.luxist.com/2009/04/20/luxury-downturn-predicted-to-continue/http://www.luxist.com/2009/04/20/luxury-downturn-predicted-to-continue/Apr 20th 2009 10:25PMhttp://www.luxist.com/2009/04/20/luxury-downturn-predicted-to-continue/http://www.luxist.com/2009/04/20/luxury-downturn-predicted-to-continue/
And, it depends on what constitutes a modern home. These days indoor plumbing isnt a luxury. Unless the house costs 30 or 40 million.
My point wasnt that there shouldn't be luxury items... instead i was asking how much do you need before you say .. ok, i have enough. How many $500 handbags, $1,000 shoes, $300 jeans, $50,000 or $100,000 cars do you need. Most of which is created on the backs of cheap labor, by some people who actually do live in huts or shacks.. and use the street gutter as the bathroom. The same backs of people who look at the West and wish they could afford even the knockoff imitation things. I dont know about you but im just tired of the greed that cause much of the problems that the world is experiencing right now. Look at your history... this is the greediest America has been... and it only took less than 40 years for it to happen. ]]>Apr 20th 2009 10:42PMhttp://www.luxist.com/2009/04/20/luxury-downturn-predicted-to-continue/http://www.luxist.com/2009/04/20/luxury-downturn-predicted-to-continue/Apr 20th 2009 11:30PMhttp://www.luxist.com/2009/04/20/luxury-downturn-predicted-to-continue/http://www.luxist.com/2009/04/20/luxury-downturn-predicted-to-continue/Apr 20th 2009 11:35PMhttp://www.luxist.com/2009/04/20/luxury-downturn-predicted-to-continue/http://www.luxist.com/2009/04/20/luxury-downturn-predicted-to-continue/Apr 20th 2009 11:37PMhttp://www.luxist.com/2009/04/20/luxury-downturn-predicted-to-continue/http://www.luxist.com/2009/04/20/luxury-downturn-predicted-to-continue/Apr 21st 2009 7:48PM