A note on the current bifurcation of the economy:
Warning: Horrifying attempts to hip up these indices comes from God knows where (iBankers? PR flacks?), leading to a word that leaves aghast readers in its awful wake: "blingdexes"
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"Still, the new crop of "blingdexes" offer further proof the wealthy are increasingly creating their own consumer economy. The number of millionaire households in the U.S. has more than doubled since 1995, according to the Federal Reserve. The total wealth held by the nation's richest 1% has increased more than 50% since 1998, to $16.7 trillion in 2004, the latest period measured by the Fed."
Interesting stuff.
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NOTE TO MIDDLE-AGED WHITE PEOPLE, ESPECIALLY BANKERS, INDEXORS, PR FLACKS AND MEDIA STILL USING THE WORD "BLING": Stop. Right now. For your own sakes. It does not make you look hip if you use hip-hop, urban, or black expressions -- most especially those that are circa 1998. Please stop it immediately. All it does is reveal you to be a clueless middle-aged white guy.
The term Bling long ago jumped the shark. And because I am a middle-aged white person, I was more than a year late in making that observation -- over two years ago. (See RIP Bling-bling for more details).
here
I love it when brokers get jiggy with it! It's the ... shiznuts!
Word homes!
1 comment:
NOTE TO MIDDLE-AGED WHITE PEOPLE, ESPECIALLY BANKERS, INDEXORS, PR FLACKS AND MEDIA STILL USING THE WORD "BLING": Stop. Right now.
Is it okay to use hip-hop slang if we use it in a very purposeful way, heavy on mock irony, especially to our offspring and their friends?
Okay, I'll allow this makes me more of a middle-aged dork figure but _damn_ it's funny to watch them roll their eyes.
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