Archived "Why arent millennials buying diamonds?" wonders alleged financial publication (dailydot.com)
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Archived on: 1/21/2018 10:00:00 AM
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Archived "Why arent millennials buying diamonds?" wonders alleged financial publication (dailydot.com)
submitted ago by Dark_Shroud
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[–] derram ago
https://archive.fo/Hft7q | https://files.catbox.moe/pm8zbn.png :
'I wonder, though: Could there be some other reason that millennials, many of whom graduated during the financial crisis of 2008, aren’t buying ludicrously expensive precious gems?'
'The Economist, the venerable finance magazine that Karl Marx once called “the European organ of the aristocracy of finance,” is apparently unaware of the economic circumstances of people under the age of 30—millennials, if you must. “Why aren’t millennials buying diamonds?” the Economist wondered this week. '
'It’s true that today’s socially-conscious kids don’t want “blood diamonds.” They watch Leo movies; they’re not idiots. '
'Does the Economist have a solution to the challenges plaguing today’s non-diamond-buying youths?'
'This is almost as bad as the time, just last year, that a number of financial writers wondered why millennials weren’t buying houses and cars, and determined that these crazy kids just had different priorities. '
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