The impending recession isn’t worrying Karl Lagerfeld, the Chanel designer sees it as cleaning up the world, reports.

“I see it like a cleaning up — it was too rotten anyway — so it had to be cleaned up,” Lagerfeld told Radio 4’s The Today.

“I see it like a healthy thing — horrible but healthy, like some miracle treatment of the world.”
The credit crunch won’t hinder Lagerfeld’s work; He thinks that creating beautiful pieces is even more important in today’s gloomy climate.

“People have different kinds of dreams. After all, people need a handbag, there are cheaper handbags. But if you can buy a beautiful one and if that’s your dream to buy, why not? I can be interested in a $20 million diamond I will never buy, without desiring the diamond. If you want only things you can afford, it’s boring.

“It’s great to see things you may not buy — because you don’t have the money — but it is very ugly to think they shouldn’t exist because you can not buy them.”