3 ms·
One of the primary markets for all luxury watches is plain simple bribery of government officials. One/set of Rolex which don't lose much value over time is pe
by saiya-jin 9y ago
One of the primary markets for all luxury watches is plain simple bribery of government officials.
One/set of Rolex which don't lose much value over time is perceived better than wad of cash slipped in envelope. Liquidity is quite good too.
If bribery somehow magically stopped worldwide overnight, quite a few watchmakers (definitely not only Swiss) would go bankrupt.
- digi_owl 9y agoGets me thinking of how a detergent ended up being a medium of exchange in drug transactions.