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Irrational exuberance

December 16, 2011

It seems footwear industry keeps avoiding the reality of economy. This piece from Christian Louboutin’s spring 2012 collection could be the epitome of what is known as irrational exuberance.

The term was coined fifteen years ago by the then Federal Reserve Board Chairman, Alan Greenspan, formerly known as the Maestro. His days are long gone, but the platform shoes just do not want to say goodbye.


From → Leasure Pleasure

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