I can beat that. Check out the Franck Muller watch for a cool $2.4 million. Patek Philippe has entire lines that regularly run better than $100k. People willing to spend $150k for a watch are looking at their money in an entirely different way than I am.
Granted, from a sheer mechanical engineering point of view the Franck Muller watch above is a wonder. Everything on the face is driven from a single spring. Amazing. Astounding even. But would I part with $2.4 million for it? I doubt it, even if I had that kind of cash readily on hand.
Yes, an entirely different relationship with money. I run around shutting off lights, and doing all my own maintenance on everything I own. So many people now will hire landscapers, have a once a week maid, or take their car in for new wiper blades.
I think a lot of people are just burning through every dime they earn the USA way, with credit.