Word: cushions
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What do you do when you wake up one morning convinced that the intangible hipness on which you based your enormous professional success no longer exists? If you're hotel impresario Ian Schrager, you replace the proverbial velvet rope with a comfy velvet cushion...
...consumer. That's not to say the world lacks resilience against geopolitical shocks. Morgan Stanley estimates global gdp will grow 4.7% this year. That's 40% faster than the 3.4% average gains in the pre-oil-shock years of 1979 and 1990. Strong growth provides an important cushion to ward off unexpected blows. At the same time, the so-called stewards of globalization - namely, the G-7, the imf and the world's major central banks - are now focused on implementing policies that would temper worrisome global imbalances. But we can no longer count on an abundance of cheap money...
There was a time when we could count on the movies to slip a $2 whoopee cushion under the seats of the rich and fatuous. Charlie Chaplin once said all he needed to make a comedy was a park, a pretty girl, a cop (representing befuddled authority) and, of course, his immortally anarchic self. All Groucho Marx required was the divinely distracted Margaret Dumont to play the stuffy rich lady he was determined to unstuff. Those movies permitted their subversive stars to invade the ballrooms and bedrooms of the privileged, if only to bring their inhabitants back down to earthiness...
...more than 90 small local producers and craftspeople who design a range of household items made from indigenous materials. The results are innovative and stylish. Bark cloth?"a wonderful material that is peeled from the trunk of a fig tree and traditionally used as clothing"?is coaxed into purses, cushion covers, jewelry bags, even Christmas stockings. Ugandan village women's basket-weaving skills are applied to banana-leaf and raffia place mats, palm-leaf cutlery trays and millet-stem and raffia lampshades and coasters, and leatherworkers fashion wine-bottle coolers and photo-album covers...
...more than 90 small local producers and craftspeople who design a range of household items made from indigenous materials. The results are innovative and stylish. Bark cloth - "a wonderful material that is peeled from the trunk of a fig tree and traditionally used as clothing" - is coaxed into purses, cushion covers, jewelry bags, even Christmas stockings. Ugandan village women's basket-weaving skills are applied to banana-leaf and raffia place mats, palm-leaf cutlery trays and millet-stem and raffia lampshades and coasters, and leatherworkers fashion wine-bottle coolers and photo-album covers. Magyar's original shop has evolved...