A Fistful of Diamonds

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More like a bag, or indeed several.

Armed robbers pulled off one of the world’s biggest jewellery heists at a famed Paris store, making off with 85 million euros (107 million dollars) in diamonds and valuables, officials said Friday.

A gang of four thieves — two of them disguised as women — on Thursday stole nearly all the jewels on display at the Harry Winston boutique just off the Champs-Elysees avenue, which attracts a wealthy international clientele. …

Or maybe it’s an economic stimulus package?

This entry was posted in A Fistful Of Euros, Economics and demography, Economics: Currencies, France by Doug Merrill. Bookmark the permalink.

About Doug Merrill

Freelance journalist based in Tbilisi, following stints in Atlanta, Budapest, Munich, Warsaw and Washington. Worked for a German think tank, discovered it was incompatible with repaying US student loans. Spent two years in financial markets. Bicycled from Vilnius to Tallinn. Climbed highest mountains in two Alpine countries (the easy ones, though). American center-left, with strong yellow dog tendencies. Arrived in the Caucasus two weeks before its latest war.

2 thoughts on “A Fistful of Diamonds”

  1. I hesitate to say this, but theft seems to be deflationary. The original payment has to be written off. Stolen goods sell at much lower prices.

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