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My Luxury Is Buying Brand-Name Food
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While the stock market plunged in a massive selloff and people pointed fingers and deflected blame, someone seems to be more optimistic: The super-rich are buying up expensive luxury goods, even as the sellers of those non-essentials are jacking up prices, realizing that a few hundred extra dollars don't matter when you're buying a top-of-the-line Mercedes, or $800 shoes. (Los Angeles Times; New York Times)
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