It is fairly obvious that Georgetown is a very wealthy area of Washington DC, (think Toorak/South Yarra for an almost perfect parallel). However, had I been in any doubt about the matter, the long queue I passed this morning - 15 or 20 women all waiting for the cup cake store to open - would have proved the case once and for all.
Having said that, my daughter's just pointed out that, were they truly wealthy, they'd have a maid to do that stuff for them. Which is true, but I still think my cup cake wealth indicator has a place in the pantheon of socioeconomic theory.
Think-tank raises 2014 growth forecast but says will slow down next year - Hungary’s economy is expected to grow by a faster clip this year at 3 percent as against an earlier forecast of 2.5 percent, think-tank GKI said on Monday....
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