What's missing in this whole discussion so far is the realization and acknowledgement that America has become a Chinese colony. Just like Africa and South America and South East Asia used to be, we are now the suppliers of the raw materials going into the Chinese manufacturing engine and are being forced to buy them back as finished product. Just look through the Craigslist ads for "scrap metal wanted". Iron, steel copper and aluminum are being stripped from our infrastructure by hook or by crook. Siding, gutters, furnaces, water pipes, manhole covers, electrical transformers, old cars, lawn mowers, tractors and anything else metal is now headed to China.
Face it, all your purchases of 'toys' and necessities come back to us via products formerly made here by workers who could afford a home mortgage payment, a college education for their children and a car or truck payment. Now that they have turned in their manufacturing jobs for service sector jobs at 1/2 to 1/3 of their former pay, the whole card house of this economy is about to collapse. Just look around you and count your contributions to this debacle...
I suggest some of you get ready for the world of Mad Max...