Dec 20, 2008 04:30 AM
Global credit crunch puts serious dent in culture of conspicuous consumption
Luxury is out.Parsimony is in.
With a global credit crunch chopping the wealth of the world's billionaires, it's no longer fashionable to yak on the Prada phone while burning carbon in the Gulfstream G550.
CLICK HERE FOR THE ARTICLE FROM THESTAR.COM
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