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

submitted 15 hours ago by yogthos@lemmy.ml to c/worldnews@lemmy.ml

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[-] PolandIsAStateOfMind@lemmy.ml 15 points 10 hours ago* (last edited 10 hours ago)

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

[-] ShinkanTrain@lemmy.ml 17 points 11 hours ago

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

[-] dessalines@lemmy.ml 6 points 11 hours ago

[-] ToxicDivinity@hexbear.net 14 points 11 hours ago

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

[-] FALGSConaut@hexbear.net 15 points 11 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 8 points 10 hours ago

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

[-] Vaggumon@lemm.ee 35 points 15 hours ago

I don't care who is to blame, I'm just glad the carbon garbage industry is dying.

[-] yogthos@lemmy.ml 17 points 15 hours ago

exactly

[-] Rom@hexbear.net 16 points 13 hours ago* (last edited 12 hours ago)

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

[-] wesker@lemmy.sdf.org 27 points 14 hours ago

Blame? Sounds like it might be a good thing?

[-] yogthos@lemmy.ml 28 points 14 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.