Bud/Miller/Coors will sell alot more beer. Sad to say but its probably true.
People will NOT cook at home more, at least not any healthier.
Sales of BMW and Mercedes entry level cars will go way down, but the 7-series/S-class will only dip.
Teenagers will not work harder, they will give up more hope (most of them anyway.) Where that idea came from I have no clue. As a corollary though, sales of the PS3 will probably not save Sony.
Hummers & granite countertops will be sooooo pre-bubble pop.
Debt will be the new fat, so JG I recommend a startup for financial lap bands!
People will in general get on with their lives much poorer and look for the next big thing, say healthcare services!