This is a gray area: When money is a problem, it can feel like the end of the world is near.
OK, it’s a jewel-encrusted belt, but still. The Queen, who has a reputation as royal penny pincher too cheap to buy a TV, and is known to wander the halls of Buckingham Palace and switch off lights to conserve energy, has decided to delay home improvement projects (or rather, castle improvement projects), freeze the salaries [...]
When the Queen Mother died in 2002 at age 101, it was reported that she had a £4 million overdraft with the royal bankers. But the late queen wasn’t the spendthrift some made her out to be. Quite the opposite, actually.
With an apparently resurgent economy, the media genre known as recession porn may be gone for good. What, exactly, is recession porn? You know it when you see it. Basically, it’s the fascination with all the weird ways the recession has affected different groups of people—the rich and privileged especially, because everyone knows the financial [...]
Here’s a top ten of recent stories that dwell upon how the economic downturn is affecting rich and poor, famous and obscure alike—a.k.a., recession porn. Because who isn’t fascinated with the impact of hard times lately?
