In Reply to: RE: The economic collapse did not affect 100 % of the population, and neither did the 1930s depression. posted by middleground on April 10, 2011 at 11:27:15:
income, and are more affluent now than they were a decade ago. Luxury goods that cater to that demographic are on the increase. Therefore, many are in fact upgrading homes, yachts, cars, art and wine collections, jewelry, accoutrements and one presumes electronics. Only illustrating that not all are downsizing or ever will be.
PS. If you were curious most of the yacht orders are to Italian shipwrights.
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Follow Ups
- Never meant to apply that to the general population, only to point out that the top 3% has disposable - cfb 04/10/1112:41:20 04/10/11 (0)