I agree with many of your points. However, what I do not understand, why your reaction NOW? Jérôme started using The Anglo Disease' in June 2007, and since then in a series of almost 50 diaries. I think at that point of time your comment would have been very helpful and the term could have been easily changed. But now as even newspapers are starting to use this term it is difficult and to me doesn't make much sense to change an more or less established term, which for many now is associated with the economic problems in the English speaking world.