Don't Worry ... Be Arppy ; As One-Time Yuppies Feel the Credit Crunch, It's Not All Bad News...

Daily MailApril 17, 2008

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PEOPLE watchers have always wondered what happened to Yuppies, those thrusting, well-off young creatures with big hair and even bigger shoulder pads who ruled the world in the mid-Eighties.

One moment they were bestriding the world, upending accepted social structures and earning easy money which was spent with equal ease (and too often vulgarity!). With bonuses that would make even a 21st century hedge fund manager blush, they actually invented the term conspicuous consumption.

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Don't Worry ... Be Arppy ; As One-Time Yuppies Feel the Credit Crunch, It's Not All Bad News...

Yet almost overnight the Yuppies -- short for young urban professionals -- were gone. They disappeared quicker than you can say Tyrannosaurus rex.

Extinct, defunct.

Or so it was thought. Because the truth is the Yuppies didn't die, they just traded in their Porsches for property, their freedom for families and their spendthrift habits for school fe...

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