1. Wealthy people often indulge in vanity projects even though they add minimal value to their bottomline. But there is always a limit to how far men with deep pockets will go, especially when the benefits are being enjoyed by others. So we are now seeing the first signs of unravelling, and we anticipate that there’s more to come.
2. Side chicks are getting shafted in this COVID-19 environment, and many are left without the usual monthly gifts. There are whispers of one high-profile socialite who has suggested that she may soon have to pawn her jewellery to meet her monthly obligations. She has plenty, so maybe that’s a stopgap measure others may start thinking about!