German article confirmed global crisis, no Rolexes in Munich

[medtner]

https://www.zeit.de/zeit-magazin/leb...e.share.link.x

[H25B]

Am I missing where I can read this in English..?

[medtner]

I thought I posted translated by Google, scroll down and it should show in English.
Bottom line, no Rolexes in Munich for the holidays, local market dried up due to high demand

[StuartG]

I can’t read German, but I don’t think that a tight supply of luxury watches qualifies as a global crisis.

[locutus49]

I heard the leaders of every country were gathering to discuss a global crisis. I wonder if it's the Rolex shortage...

Originally Posted by StuartG

I can’t read German, but I don’t think that a tight supply of luxury watches qualifies as a global crisis.

[Galaga167]

Originally Posted by medtner

I thought I posted translated by Google, scroll down and it should show in English.
Bottom line, no Rolexes in Munich for the holidays, local market dried up due to high demand

I really can’t see how Germany can now go on.

[Robtayham]

Originally Posted by medtner

I thought I posted translated by Google, scroll down and it should show in English.
Bottom line, no Rolexes in Munich for the holidays, local market dried up due to high demand

Well, if the Germans have said it’s a global crisis, then it must be true.

[173rdabn]

The existential global threat isn't climate change. It's Rolex availability. Oh, the humanity.

[MSchu]

I have an article in hieroglyphs somewhere... lemme see if I can find it.

[beshannon]

Originally Posted by medtner

German article confirmed global crisis, no Rolexes in Munich

Truly shocking

Right up there with global warming!

[BigBoy17]

“Das boot”

[Onikage]

Germans do like their watches. Angry Germans!

[djgallo]

Its related to global warming...

[InitialAndPitch]

As this was clearly a matter of national security.......

The Munich "Abendzeitung" reports on a devastating Rolex crisis in the Bavarian capital: Rolex emptiness in the shop windows, displays and showcases of all jewelers. A single watch from the Swiss luxury manufacturer would currently have 50 to 100 potential buyers in Munich, waiting lists for certain models have already been closed. And of all things ... now! We answer the most important questions about the Rolex emergency, the causes and extent of the crisis - and reveal how you can help those affected.

1. What is the situation on site?
Dramatic scenes take place at Munich's jewelers. Soccer professional and watch lover Jérôme B. was spotted tearing from the Wempe specialty store onto Maximilianstrasse and almost bumped into by a Bentley. In the extremely tense Munich rental market, apartment hunters are now trying to bribe landlords - with waiting lists for particularly popular Rolex models. (If you are a landlord, be warned that there are regular attempts to defraud, because those who can afford a Rolex do not rent.) The Lord Mayor of Munich, Dieter Reiter (SPD), also received the first death threats after being on Facebook in Marie-Antoinette -Manier wrote: "If you don't get a Rolex, then you should buy Breitling."

2. What can Munich do to give a Rolex away for Christmas?
If you're out of luck on eBay classified ads, there is one last, short-term chance for the desperate: Munich - Italy's northernmost city - has an excellent night train connection to Rome. Flying dealers offer inexpensive alternatives there, possibly even models and color combinations that the traditional Swiss watch manufacturer does not have. A paradise for trendsetters! Due to the critical legal situation, we explicitly do not recommend this trip. Should you decide to do so, please make sure that your house and court lawyer can be reached around the clock during his Christmas vacation.
3. How can I help those affected?

If you have a Rolex at home that you no longer wear yourself, aid organizations do not recommend donating treasures that are no longer loved to refugees or the homeless this year. They recommend considering the needy in Munich instead. If you cannot help with a Rolex, pack a care package for those affected. Put in a magnum bottle of Dom Pérignon and an affordable entry-level model from Patek Philippe. A donation account was also set up at a Munich private bank. All grants benefit one hundred percent to those who do not have the monetary resources to finance the surcharge for the significantly more expensive Rolex vintage models on the resale market. For example, people who do not get the money in their offshore account that quickly. If you want to support those in need, the easiest way to do this is via the donation hotline 0800 - ROLEXHILFE.

[bradyb]

"How dare you!"

[Rocketman39]

As long as I have Mine, In my small World, there is No crisis !

[RBradleigh]

A crisis would be global famine, a lack of SS Rolex not so much.
Perspective

[Bigblu10]

Originally Posted by Galaga167

I really can’t see how Germany can now go on.

They still have the best beer and the Scorpions.

[Muxi]

And very good pretzels

[GradyPhilpott]

Here is a Google translation. I believe this to be satire.

Rolex crisis - what to do?

Munich: Rolex crisis - what to do?

Everything sold out: Rolex watches are no longer available in Munich. Six things that watch lovers need to know now. A gloss by Juliane Frisse

From the series: Social Criticism

December 20, 2019, 4:47 p.m.
492 comments

The Munich "Abendzeitung" reports on a devastating Rolex crisis in the Bavarian capital: Rolex emptiness in the shop windows, displays and showcases of all jewelers. A single watch from the Swiss luxury manufacturer would currently have 50 to 100 potential buyers in Munich, waiting lists for certain models have already been closed. And of all things ... now! We answer the most important questions about the Rolex emergency, the causes and extent of the crisis - and reveal how you can help those affected.

1. What is the situation on site?

Dramatic scenes take place at Munich's jewelers. Soccer professional and watch lover Jérôme B. was spotted tearing from the Wempe specialty store onto Maximilianstrasse and almost bumped into by a Bentley. In the equally tense Munich rental market, apartment hunters are now trying to bribe landlords - with waiting lists for particularly popular Rolex models. (If you are a landlord, be warned that there are regular attempts to defraud, because those who can afford a Rolex do not rent.) The Lord Mayor of Munich, Dieter Reiter (SPD), also received the first death threats after visiting Marie-Antoinette on Facebook -Manier wrote: "If you don't get a Rolex, then you should buy Breitling."

2. What can Munich do to give a Rolex away for Christmas?

If you are out of luck on eBay classified ads, there is one last, short-term chance for the desperate: Munich - Italy's northernmost city - has an excellent night train connection to Rome. Flying dealers offer inexpensive alternatives there, possibly even models and color combinations that the traditional Swiss watch manufacturer does not have. A paradise for trendsetters! Due to the critical legal situation, we explicitly do not recommend this trip. Should you decide to do so, please make sure that your house and court lawyer can be reached around the clock during his Christmas vacation.

3. How can I help those affected?

If you have a Rolex at home that you no longer wear yourself, aid organizations do not recommend donating treasures that are no longer loved to refugees or the homeless this year. They recommend considering the needy in Munich instead. If you cannot help with a Rolex, pack a care package for those affected. Put in a magnum bottle of Dom Pérignon and an affordable entry-level model from Patek Philippe. A donation account was also set up at a Munich private bank. All grants benefit one hundred percent to those who do not have the monetary resources to finance the surcharge for the significantly more expensive Rolex vintage models on the resale market. For example, people who do not get the money in their offshore account that quickly. If you want to support those in need, the easiest way to do this is via the donation hotline 0800 - ROLEXHILFE.

4. Should I sell now or speculate on further appreciation?

This decision depends on your risk tolerance. Numerous models are currently being traded for a multiple of the original price. However, there are some indications that prices could double again. At the same time, economists warn of a dangerous speculative bubble, only comparable to the tulip crisis of 1637. If selling or donating (see question 3) is basically out of the question for you, since your Rolex is of great emotional value to you, we advise you to take appropriate safety precautions to meet: Change the code for your safe regularly and be discreet in public - always cover your chronometer with the sleeve of your Moncler down jacket.

5. What are the reasons for the Rolex crisis?

This has not yet been finally clarified. It is likely that the crisis will start in Berlin. One theory says that the German rap scene in Berlin bought the Munich market empty. This suggests that, first of all, the models sung in successful hip-hop songs were no longer available, such as the Rolex GMT Master II, rap fans known as "Roli in the color of a Pepsi". It would also be plausible that Berlin landlords and real estate companies like Deutsche Wohnen rely on luxury watches - as a new strategy for returns. Insiders report that they wanted to compensate for the losses from the rental cover and the expropriation people's request.

6. Will the Rolex crisis widen?

All signs speak for it. Business correspondents are already reporting on Rolex bottlenecks in Düsseldorf and in the Hochtaunus district.

https://www.zeit.de/zeit-magazin/leb...e.share.link.x

[uhren917]

alles klar herr Kommisar.

[bezler]

Originally Posted by medtner

I thought I posted translated by Google, scroll down and it should show in English.
Bottom line, no Rolexes in Munich for the holidays, local market dried up due to high demand

OK, but what is the global crisis?

[fishingbear]

Originally Posted by bradyb

"How dare you!"

[Likestheshiny]

I believe this to be satire.

Yeah, that article is for fun.

And from a serious perspective, of course there aren't Rolexes in Germany. The internet is a thing, and the watch market is global. There aren't places that have watches and somehow no one else noticed.

[alphadweller]

The Germans are a strong people, they'll recover soon I'm sure .

[Batmannr1]

Ironic article about the 2019 biggest first world problem, the Rolex Crisis.
Just have a bit of patience, after the global MSRP raise of 1st of January, the lady datejusts and day dates will magically re-appear in the displays of the Munich ADs.

[ROLEX MAN]

Wahnsinnig gut das ich Deutsch kann!

Thank goodness I can read and speak German! (Jawohl)

[Brew]

Thoughts and prayers for Germany! Hang tough guys!!

[emtee]

That was actually pretty funny!

[TswaneNguni]

4th largest economy in the world ..... there will be high demand and empty displays .

Rolex..the new gold standard.