A walk around the Pearl (Portland) proved a bit more sobering. The Puma and Adidas stores have closed (yeah, I'll miss the Puma one - it was great place to buy good stuff, tax-free) - European goods seem increasingly out of reach for the American pocket. In one sense, that's not a bad thing. One does get tired of European prices and there are plenty of new American brands to satisfy a price-conscious fashionista. The Diesel store is still around and Powell's in fine fettle (well, we'll have to see how it coevolves with Kindle and the iPad), as are pretty much all the wonderful restaurants in that neighborhood. Blocks away in Chinatown, a heaped plate of salt and pepper shrimps (eaten guilt-free with Alli capsules) is still under 10 bucks, as it's been for the last ten years.
So, yeah, there have been changes and I would have felt them more keenly if I lived in America. But it's still the good old US of A, and the bottom has very much not fallen out.
