>People in the US are investing because they have no other choice.

I'm aware. It's one of the major arguments of our boomers why "we" don't have to invest like Americans have to, because we have that great pension system that will take care of everyone [who was born before 1970 /silent part loud].

Hence my initial statement. Young EU-folks are now forced to begin building just the same mindset that has been in the US for decades.