Credit Crunch boosting ‘lipstick effect’.
The recent global meltdown has seen an upswing in what is known the “lipstick effect”, as sales of cosmetics are rising with more women trying to cheer themselves up by spending money in make-up rather than cars, holidays and kitchens.
Hearing this, Mr. A.R. Antulay, who seems to be losing his grip over the front page, raised a doubt over the economic crisis, “While everyone believes the mortgage crisis is what caused the great economic meltdown, we cannot neglect the possibility of L’Oreal or Clarins to be behind the crisis. Lehmann Brothers might just be a cover up. All I am asking for is a fair investigation”.
P.S. : On that note also read about baby boomers, the term given to the unusual spike in birth rates after the World War II, when people apparently had nothing else to do.
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