Now, for something so completely useless, the company did put some thought into fancy-schmancy parts and mechanisms. Since the "watch" doesn't have any hands, they've instead gone with a a “contemplative tourbillon operation whereby the ‘Day’ tourbillon operates for 12 hours to symbolize working life, while the ‘Night’ tourbillon takes over afterward to represent an individual’s private time." OK. If you say so. BUT IT STILL DOESN'T TELL TIME!!
But what does this have to do with the recession? Look, if there was a recession in the US and if the floundering US economy was driving down other economic markets in the world, then this watch would not have sold out in 48 hours. Especially with it's $300,000 price tag. That is correct. The watch that doesn't tell time is three hundred thousand dollars. W. T. F.??
According to CEO, Yvan Arpa, "Anyone can buy a watch that tells time — only a truly discerning customer can buy one that doesn't." Oh, my God. (Translation: Anyone can buy something that works, but only a true moron will buy something that doesn't.) But wait. Unfortunately, there's more.
Another Romain Jerome useless and overly expensive timepiece is the Titanic DNA which showcases the "T-oxy Concept" which is defined as "Between the forbidden and the ephemeral." (Oh, "ephemeral" means short lived or lasting for only a day. What a novel idea for a watch. If "novel" means "ridiculous." ) "The T-oxy Concept represents both the culmination of a preposterous idea and the most extreme form of a particularly sophisticated concept. This exceptional timepiece is a completely rusted high-watchmaking timepiece designed using non-stabilised rusted steel from the Titanic. Don’t wear it! The T-oxy Concept can only be admired under its glass dome filled with argon. Release it and oxygen will carry on its destructive work where it left off. Warning: extremely corrosive model, non-guaranteed."
Don't wear it? Don't take it out of it's argon-filled glass dome? It's completely rusted? But it's a watch, right? OK, then. I'll take two. (No I won't! What the hell?!) But wait! Yep. Still more!