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Japanese spend three months’ salary on diamond engagement rings

16 May

Three months!

Yikes!

Diamond engagement rings are a scam.

(A scam they’re trying to foist onto women and homos, too…)

Fortunately, man-made ones are becoming cheaper…

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3 Comments

Posted by on May 16, 2014 in culture

 

3 responses to “Japanese spend three months’ salary on diamond engagement rings

  1. ScareCrow

    May 17, 2014 at 4:53 pm

    Jewelry has a very low saleback rate. I have seen too many men spend craploads of money on a ring – only to have the ring end up in the trash by a vindictive and irrational woman.

    I have never once heard of any man throwing such worthless trinkets away though. All the men I know who have undergone a divorce always pawn their rings…

    Anniversary rings are also a scam.

     
  2. Will S.

    May 18, 2014 at 8:13 pm

    Yes, because the cost of diamonds is artificially inflated, by De Beers et al; and because De Beers et al. discourage resale, and so keep the resale value very low. It’s all a giant scam, and everyone in the jewelry industry is complicit, in price-setting. I hope one day the near-monopoly of De Beers will be smashed, and the industry revolutionized, and the price of diamonds drop to a decent, fair market value, rather than being inflated way beyond what it should be – for Pete’s sake, it’s just carbon, like graphite or charcoal.

     

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