Home loans and second mortgages -- WAY UP
Credit Card Debt -- WAY UP
Bankruptcies and loan defaults -- UP
Inflation on basic costs of living -- UP Real wages -- DOWN
State and City Income Tax Receipts -- WAY DOWN
Savings -- WAY DOWN
Hedonically adjusted inflation -- WAY DOWN!
People are trained to spend, to borrow to spend, to borrow more to spend ... so
Retail Sales -- UP!
Worry about Tomorrow -- DOWN!
BE HAPPY! :-))