news • 6 days ago

Diamonds are plunging in value around the world. Is China to blame?

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Diamonds are plunging in value around the world. Is China to blame?

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to

news • 6 days ago

37 Comments

China’s demand for natural diamonds has ‘fallen off a cliff’ amid plunging marriage rates, while its factories are churning out synthetic alternatives that are up to 90 per cent cheaper.

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came_apart_at_Kmart [he/him, comrade/them]
·
6 days ago
but at what cost to our beloved small business diamond cartels and family-owned conflict diamond brokerages?

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