Edward Jay Epstein figures the diamond cartel is about to unravel, and explains how that racket got started.
Long after the racket was established, of course, we had "Paul" from The Diamond Center promising easy credit... because there's no better way to embark on the next phase of your life than to go into debt for a useless shiny trinket.
And, y'know what? The institutions pushing student loans are playing "Paul" these days. Easy credit! No one is ever turned down for credit! You can get all the credit you need to embark on the next phase of your life, in debt for a useless shiny degree in Croatian Studies. And a university degree is forever!
(Hm. Product placement in songs? Did De Beers pay the Beatles...?)
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