Wednesday, October 29, 2008

Financial crisis heralds era of ''new seriousness''

A down market and people start eschewing all the status symbols and bling ... This article points out slowing sales for Porsches and how some execs think it would be bad form to flaunt status in the current marketplace. Remember, this is what people were saying after 9-11. I'll give this trend a year and then we'll resume our conspicuous consumption again.

read more | digg story

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