It reminds me of our friends in CA who make double the money we do and still live in 1/3 the house that we do. CA is for suckers and i intend to stay away from it
If this chart is to be believed, U6 unemployment during the Great Depression peaked at around 37-38%. So we have a ways to go to get there. And even then Europe will probably revolt before the U.S. does. The Europeans know how to properly protest en masse in the streets.