Economics: The 0.01 Percent

 

In the issue 98 of Textile View, David Shah said:

The world’s biggest luxury goods purveyors enjoyed a record-breaking 2011. … this is a reflection of a new economic reality. We are not talking about recession here: we are talking about the polarization of wealth and the arrival of a very small, but fabulously wealthy stratum of society that has created a new, super luxury niche market.

 

So how are your couture sewing skills? Sounds like we’ll all have to take our opportunities where we can get them.

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