Brothels cut prices to beat the recession

The Independent by Erik Kirschbaum | Apr. 26, 2009 (News Report)

It has not taken long for the global financial crisis to affect the world's oldest profession in Germany.

In one of the few countries where prostitution is legal, the industry has responded with an economic stimulus package of its own: modern marketing tools, rebates, discounts and gimmicks to boost falling demand.

Some brothels have cut prices or added free promotions, while others have introduced all-inclusive flat-rate fees. Free ... Full Story »

Posted by Leo Romero

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by Jon - Apr. 26, 2009

Article is important as it shows that a financial crisis knows no boundaries. Also, the world's oldest profession and how it has been handled in Germany who has always had it as a legal business which has reduced crime, given the workers a decent and safer environment and the taxpayers have gotten assistance by the government getting taxation from the business. Overall, a good article for those in our country who could learn a little from some European governments on how to handle some of the sin businesses.