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"Last Word"-Stealth Wealth

Tuesday, January 27, 2009

SUSIE GHARIB: And finally tonight, it's the latest recession trend: stealth wealth. The concept is simple: if you've got it, don't flaunt it. That doesn't mean an end to shopping sprees, but cutting back on pricey purchases. It's also known as luxury shame. That's when shoppers ask cashiers at high end stores to put purchases in plain white paper bags or to remove designer tags. And Paul, some shoppers are even paying extra to ship their packages so they can avoid glances and sneers when they leave stores.

KANGAS: Talk about your sign of recession.

GHARIB: Yes, the new sign.

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