As consumers keep walking away from mortgages, paying off credit cards and cutting down on Shopertainment. The days of people buying a new flatscreen TV every year, blowing thousands on bottle service, buying 90 dollar sneakers made in china for a 1.50 ,etc.. is coming to an end it seems slowly but surely. It makes sense if the future jobs for the millenials will Be service based McJobs paying minimum wage, demand for goods will plummet. If people get to 1950's level of borrowing and consuming, you can expect massive deflation. Those 90 dollar sneakers made in china for 1.50 will have to sell for 4 dollars a pair.