Yes, and so is not-so-bling.
Bling over? Oh sure. Just like after 9-11 we were all going to be kindly and serious minded, and there'd be no more irony.
Interesting; I just yesterday finished "Deluxe: How Luxury Lost Its Luster" by Dana Thomas, which attempts to show how these luxury brands like Gucci and Vuitton are mostly nasty Chinese-made gunk for the proles of Las Vegas and China, who buy logos, not quality. I'd be worried about that market.
The super-rich, who aren't really into ostentatious bling, even when it comes from some of the same houses, aren't going to be affected the same way. Though there may be a major dropoff in stuff like superyachts, supercars, and supermansions. Boo fucking hoo.
If the folks who first bought it want to sell it and can't, it's over . This is a link to info about the first auction of hip-hop bling.
http://nymag.com/daily/fashion/2008/09/alert_giant_bling_auction_dela.html
Bling is the only hope for our economy.
Really.
You know what's the ultimate bling? A billionaire CEO's head on a pike. I'd like a couple of those for my front yard, but I can't afford them.
I recently saw a Segway with Ferrari marques and a sound system.
Bling lives!
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