I can understand what you are saying but ... I just returned from a 2 week Caribbean cruise and you could not tell any recession was going on at all. Our ship (Celebrity Constellation) was pretty filled with passengers (2,000) and we were in St. Maarten with the Navigator of the Seas (3,000), Grand Princess (4,000), Norwegian Epic (over 5,000) and one smaller ship (900) passengers. These are not the 1% but most appeared to be "upper-middle" class people and this was not a one time event. These ships are sailing at near capacity all year in Europe, Alaska, and the Caribbean each and every week. Do the math. Lots of people either have the money to do these cruises or will be paying for the cruises with credit cards for a long time.