![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyl0dgy4HTONUhrrS-DfrjYv8bWMc2dXQ_FS0DlZAbeTsVVSEEUibfseE2NhlbuKfvqSoxOCgf8qzhicNJrSOq_RAcxGHCY3hY9uvTpZzNEnnY2BYzHbyavgdiq0prhPWsTxp1wkLPsLU/s400/CMDEBT_Max_630_378.png)
OH MY GOD! Consumer debt is falling! That means the sky is falling!!!!! We're doomed!!!!!
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEid4B1DoFDiFvvv46DhLTSuI2LJjzHnRIz4awYewMuwME_twoRHLp_TSc6nCShkAzqhFiWqtnyLu2AB-dKLhRhB9t62_tevE_akjTxCZx8QqEmXSwf98aLi1hXEBrI6c5WuQ14JYyQdLd4/s400/TDSP_Max_630_378.png)
Except that now household debt service payments are also declining, giving households some financial room.
In other words -- we're finally working at living within our means. That's a good thing.