Diamonds are plunging in value around the world. Is China to blame? (www.scmp.com)

submitted 11 hours ago by yogthos@lemmy.ml to c/worldnews@lemmy.ml

13 comments fedilink hide all child comments

top 13 comments

sorted by: hot top controversial new old

[-] PolandIsAStateOfMind@lemmy.ml 13 points 6 hours ago* (last edited 6 hours ago)

Diamonds prices are falling. The horror, the dastardly Chinese...

[-] ToxicDivinity@hexbear.net 12 points 6 hours ago

Diamonds are ~~plunging in value~~ cheaper than ever around the world. Is China ~~to blame?~~ the hero?

[-] ShinkanTrain@lemmy.ml 15 points 7 hours ago

Ok sweaty but it's not a real diamond unless it was made with cruelty

[-] dessalines@lemmy.ml 5 points 7 hours ago

[-] FALGSConaut@hexbear.net 13 points 7 hours ago

Ffs they did this same thing with caviar farming didn't they? I swear I remember articles complaining about how farming caviar is bad because it makes it more accessible to the wider public instead of being a special rich person food

[-] Horse@lemmygrad.ml 6 points 6 hours ago

Which is funny because caviar, like lobster, began as a shitty food for us poors until the rich gentrified it

[-] Rom@hexbear.net 16 points 9 hours ago* (last edited 8 hours ago)

Yeah, okay, good. Diamonds are a scam. Death to the diamond cartel.

[-] wesker@lemmy.sdf.org 26 points 10 hours ago

Blame? Sounds like it might be a good thing?

[-] yogthos@lemmy.ml 26 points 10 hours ago

It absolutely is a good thing, natural diamond industry is largely based on slave labor and it destroys the environment. There is absolutely no reason for it to exist when we can cheaply manufacture diamonds.