Conspicuous Consumption

In the American society we are always trying to emulate the upper class. As we have discussed in class we saw many views of people trying to buy the latest and the greasiest products on the market. But, today all that has changed since the resent recession many have had to cut back on things they own because they got caught up in the last bubble that popped, many get caught up in the borrowing aspect with the large house, nice car, and best clothing but it was all done with  borrowed money. This caused so many to crash and burn when things got bad and the market tanked. Many lost there jobs, owing on there credit card, there houses and cars. Many who tried to sell there houses owed more then it was worth!! Not good. Speculation played a huge role in the recession and many jumped on the bann wagon to make an extra buck, but it resulted in financial ruin for many and people who had something now have nothing and are stuck owing others. But there's always that class of people trying to be something there not, which ultimately ruins them financially greed never got anyone anywhere. Do many of you have credit cards? Do you use them a lot or do you have a limit? How much do you save?