Sex sales drops in bad economy, luxury cars still moving
Um, spending for momentary pleasure appears to be ‘off’,
While dollars are still flowing for Ferraris, Rolls Royces and Maseratis. Who knew? Another factoid that shows rich Americans are looking for VALUE with their spending in this recession?
So, poor guys have to negotiate with the women at brothels for basic services, negotiating DOWN in price, while the super-rich, who already raped the financial system, are able to buy luxury cars for hundreds of thousands of dollars, because the purchase is only a SMALL percentage of their net worth.
“You’re dealing with the ultra rich who, even if they take a hit, a car purchase for them is a very, very fractional piece of their net worth,” Merkle said. “Whether they’re paying $50,000 for a car or $200,000 or $300,000 for a car, it really makes no difference in their net worth.”
Recession? Not for the super-rich. They’ve got all the money in the world. Literally.
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