[citation][nom]Thunderfox[/nom]Isn't the world's economy supposed to be falling apart? Do people really have money to waste on this crap?[/citation]
No, but they will anyways, because their lives revolve around this game.
Look at WoW. People pay ~$150 a year just to play, and then on top of that pay for every expansion, and all the items you can purchase in-game with real money. Look at the most recent mount they released, it cost $25 and they made... $2.2 Million on the first day was it?
Moral of the story, just because people don't have money, doesn't mean they won't spend it