While the global ‘central-bank-inspired’ wealth effect has benefited the uber-rich more than anyone else, it seems China’s burgeoning middle class is more than happy to ‘settle’ for mediocrity in their fascination with luxury goods. As Bloomberg notes, the demand for diamonds is so heavy (and less…

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Global Dash-For-Trash Escalates, ‘Cheap’ Diamonds Are A Chinese Girl’s Best Friend
