Hemlines Come Way Down, Stock Market to Follow

The latest from the Paris fashion scene

The New York Times reports that hemlines are falling this season, by a LOT, and Calculated Risk reminds us that, "in 1926, economist George Taylor suggested the "Hemline Index"; he observed that hemlines moved with stock prices".

We are completely screwed.

More after break:


OK, that's not the real picture, here are some of the actual pictures:

OK, these are the real skirts, and yes, we are screwed:


And here are the models, who raise the universal question, "Who the f%$# pissed in your Cheerios to make you look so unhappy?":