Word: guppies
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Dates: during 2000-2009
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...city's upmarket shopping street, the Kurfürstendamm: "I lost my job because people think twice before spending their money on extras like expensive clothes or dinner at a restaurant." Even Berlin's famous nightlife has been affected by the glum mood. Mike Stolz, co-owner of Guppi, a trendy bar in the Prenzlauer Berg neighborhood, complains that there has been no growth in his business. "People come here but consume less," Stolz says. "I have let part-timers go because I can't afford them anymore." Stolz, 37, sees a plus side to the downturn: mediocre night spots...
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