They're handling it very well thanks to government hand-outs that, according to the Federal Bank of San Francisco, balooned the excess savings of the average US family. That number has now been reduced to $3,500/family as Kering has racked up profits from Guccis and Versaces that no one could afford nor needed but bought anyway because money was free.

House of the Rising Sone
Out in the mid or far field
Dedicated mid-woofers are over-rated