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24 June 2012, 12:56 AM | #33 |
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The Asian markets will be more important to Rolex, and all luxury Swiss watch makers, over at least the next 5 years....It would be almost silly if they did not throttle down US imports and use that supply in BRIC countries with faster growing economies and new high-end consumers.
The U.S. is "losing" middle and upper middle class people as quick as other countries are adding them. By "losing", I mean sliding into poverty from what was once a good life...anyone that doesn't believe this is kidding themselves... |
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