Re:Diamonds Keep Getting Cheaper
by simonh on Wednesday November 13, 2019 @07:49AM
(#21523440)
Not just American, it's pervasive in Europe as well. France is a little unusual in that engagement rings are commonly made from non-diamond gem stones such as rubies, emeralds and sapphires.
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Weddings are becoming insane in the UK. I went to a friend's wedding a while back where they had a carved piece of glass showing the seating plan for the dinner. Cost hundreds. They divorced a couple of years later.
The cynic in me would like to see a graph of cost of wedding as a percent of total annual income compared to divorce rates. I have a theory those two things are correlated.
Re:Diamonds Keep Getting Cheaper
by bcatanzaro on Wednesday November 13, 2019 @03:07PM
(#21528876)
Here's a study that shows some evidence for this:
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2501480