I see it as a sign that many people who want to be or appear rich have been duped for a long time about their products. That Gucci bag was made in the same factory as the Walmart brand one. Same with those Reeboks and Nikes. It's been a fake rich scam for decades and now all those feaux rich are being made fun of as China crumbles.
Basically, the guys that go 'I got this from (insert luxury brand) main store!' as the idiot trend chasers while the real ones that are getting luxury are the ones that went to local businesses and got a custom order made or hired a local craftsman to do something.
Lots of upper middle class folks buy to be seen. They want people to know they have a $600 purse or something. It has no meaning to the rich class, but middle class always think they need to appear to be rich.
I think cars are the only thing I could ever actually recognize as "luxury brand" since their shape is so obvious and uncommon. Purses? Coats? Shoes? I don't even know what fancy expensive versions of those things look like, they're all just competing with, and showing off to, people who already know what they're looking at. What an alien existence.
This really does feel like HEAVY projection.
The US logistics are weak due to outsourcing and refusal to allow resource extraction domestically. Those can be solved within 3-5 years.
China's problem is that they not only extracted a lot but that there's so much internal corruption their fucking buildings are made of tofu.
I see it as a sign that many people who want to be or appear rich have been duped for a long time about their products. That Gucci bag was made in the same factory as the Walmart brand one. Same with those Reeboks and Nikes. It's been a fake rich scam for decades and now all those feaux rich are being made fun of as China crumbles.
Basically, the guys that go 'I got this from (insert luxury brand) main store!' as the idiot trend chasers while the real ones that are getting luxury are the ones that went to local businesses and got a custom order made or hired a local craftsman to do something.
Lots of upper middle class folks buy to be seen. They want people to know they have a $600 purse or something. It has no meaning to the rich class, but middle class always think they need to appear to be rich.
I think cars are the only thing I could ever actually recognize as "luxury brand" since their shape is so obvious and uncommon. Purses? Coats? Shoes? I don't even know what fancy expensive versions of those things look like, they're all just competing with, and showing off to, people who already know what they're looking at. What an alien existence.