October 10, 2008
Notes from the Streets abroad
London never rests; its streets display the worlds latest fashion trends and its buildings house an epicenter for a globally linked financial system. It might be safe to say it’s not the best time to seek a job in finance, but gearing up with the right threads is as cheap now as it will ever be at fifty percent off in this shop. This would indicate that the need to go out and get that suit and tie has dropped in half according to the invisible hand of Economics. While underneath it all there seems to be an investment opportunity in the manufactures of “manikins in despair”.
Shopping remains a dominant activity in western culture, and in these slow times shops are plastered with discount signs. “No one’s buying anything, so everything’s on sale”, that’s the word on the streets, from Shane Smart a London Civil engineer. How long does fashion hold on as a “need” in such uncertain times? In England, for those keeping it fresh, the trend is to style up at the second hand boutiques called “opportunity shops”. These boutiques are registered charities that receive donated clothes from various department stores. They sell the clothes, generating funds for the blind, the homeless and others in need. It’s recycling, its charity, it’s cheap and it’s called “opshopping”.