A Look at Luxury Goods in a Bad Economy

Merchants are staring down the final days before Christmas, but the season so far is looking even bleaker than expected. According to research firms, fourth quarter earnings for major U.S. retailers are expected to drop 16% from a year ago. (Dec. 20)

Category:

News & Politics

Tags:

• ny
• shopping
• luxury
• goods
• bad
• economy

[artemisstrailertrash]

All those fancy high street stores have their goods made in sweatshops by third world slaves then sold at a mark-up of about 2000 to 5000 per cent. I fucking hate yuppies.

[belgurdo]

When the war comes, we will eat the rich first.

[willzville1988]

Totally agree. Most people work for their money, therefore most people who are rich work harder (and smarter) to earn harder.

I'm not rich, but I find it sad that people always bash on the wealthy just to make themselves feel better or due to jealousy - why not use all that energy to actually get rich?

[sedfretygjk]

Are you fucking retarded?!

Becoming rich is insanely hard, it takes nerves, sweat, guts, possibly blood and one hell of a strong mind. People go through hell to become rich, and you shortsighted piece of shit insult people who want to get value from their hard-earned money and expect them to go all the way back to square one?!

Why don't you crawl back in your little fucking hole and keep criticizing others because your just a miserable little disgrace.

[HankVenture2]

Lets try to get a charity going to help the rich out

[boerinbeton]

Yes, this really shows hey, nevermind what the economists say or the fact that banks are in trouble and job losses

[USoSilly2Me]

Haha!

[netspencer]

This sucks.  Sure shows that were doing bad in our economy.

[GreenBeardsRevenge]

How disgusting and pigish it is for some to spend big money on baubles and fashion items while so many others are being evicted from their homes, living in their cars,begging for work and starving to death in this country.They should be ashamed of themselves or better yet be forced to find what it's like to have no money and to worry about how to survive.

[bobojr456]

oh gees its such a tragedy that these rich folks cant buy a second handbag or pair of a third pair of boots. what has this country come to?