Why do people still by diamonds?
People still buy diamonds. Why? Do you not realize what the diamond trade is doing to the world?
First For those of you who are just concerned with what affects you, do you not realize diamond exchanges like De Beers hoard all the diamonds they can so they can artificially inflate the prices? To the tune of 100 to 200% the intrinsic value. As soon as you leave the store with a diamond it loses a minimum of 50% of it's value. Diamonds are not as rare as they would have everyone believe. Hell, we can make diamonds in the lab now.
Also in the late 30's De Beers even started a new trend in diamond rings, the engagement ring. And every year they try to do the same thing with different types of jewelry.
For those who can see past themselves the whole legal diamond industry still fuels the illegal diamond market. African conflict diamonds, also known as blood diamonds, are sold on the black market to support warlords. These warlords will roll into a village and kill anyone who fights, enslave the men to pan for diamonds, rape and kill the women, take the boys and turn them into more soldiers and take the little girls and turn them into whores.
Hateful1
I don't care, their pretty. | 6 | |
I agree. It's horrible. | 13 | |
I don't care. | 6 | |
I have no idea what you're talking about. | 4 | |
I don't care, I like others to envy me. | 1 |