The personal luxury goods market looks set to face its first slowdown since the Global Financial Crisis, excluding the Covid period, a new report showed Wednesday.
  • @RestrictedAccount
    1•1 hour ago

    This is because China is on the brink of a financial collapse.

    If you’re not in China, this has nothing to do with you

  • @[email protected]
    1•3 hours ago

    Seems like the erosion of the middle class isn’t enough to break out the guillotines so the upper class is next. The ultra wealthy need new people to squeeze more capitalism points out of!

  • EverettEnglish
    10•6 hours ago
    • “excluding the Covid period”, this is purposeful sensationalism. Even the first paragraph of the article admits the title is misleading.
    • @[email protected]
      4•3 hours ago

      For real, why does the landmark event that defined the early few years of the decade not count, but the one time some rich fucks gambled on houses too much does?

      Anyway we are probably a bit screwed though haha