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RE: And this mentality is why ...
Thank you, Vnutz, for your comment. My intended 2-page rant on Vanity Fair in America would have been taken personally, coming from a foreigner. As your gas-price analysis indicates, it is safe to assume that Americans do not realize how spoiled they are. When it comes to the United States, I am not concerned about a recession, really, because I know when the average family spends thousdands of dollars on frivolities (one of the advantages of affluence, I guess), then there is plenty of room for adjustment. The trouble is when one wants to maintain a certain life style. Then I will just go ahead and buy more stock in all major credit card companies.
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