Luxury goods sector is collapsing under the blows of social justice
Given what ails the European continent from the lack of equality of opportunity and the unemployment rate exceeds 10%, their governments take a decision to grant a basic salary for all citizens to enable them to repay all their major. As a result, Europe is witnessing a shift in values with the spread of this kind of equality in society, leading to a sharp drop in demand for luxury goods, the sector is facing the fate of collapse.
