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When you buy a luxury car, at least you get a very comfortable ride, less noise, and better performance. Nice clothes can keep you warm (you can't really run around naked anyway), and even a Rolex can meassure time. We can utilize most luxury items, although it may not be as practical or useful as some other cheaper products. However, diamonds are probably the most useless item in the world. It was just the end result of a successful marketing campaign. I can understand it's plainly a status symbol, but do you think people in the upper class really need to show off their wealth? And if you belong to the Middle class, is it so wise to invest so much on a pointless piece of rock, while your money can be better spent elsewhere?
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