Before the bottom fell out of the economy, sartorially savvy parodists could occasionally be spotted carrying counterfeit bags overtly labeled as such...
...and artist Zinwoo Park took the next illogical step in the authenticity mind game, placing a "fake" label on a real Louis Vuitton Speedy.
This crumpled "Chanel" doesn't provoke quite the same mental gymnastics, but it may just be the quintessential example of dark humor for the downturn. Or perhaps the prototype for a new celebrity collaboration: Ruth Madoff for Chanel.
Many thanks to clever Counterfeit Chic correspondent Kristina Montanaro, who spotted the paper bag over at HighSnobette.