Was it a knee jerk reaction to the 79 oil
shortage and price
Did power boaters sell and opt for sail?
Maybe the oil
problems didnt affect the US in the same way they did over here?
I dont think bankers had massive bonuses to spend back in the day, like they do now on property or in the 90's on fast cars, so there must be another reason.
Humans are driven by popularist thinking, you only have to look at the spate of kids
names that follow the rise of someone popular in the public eye.