Economist: civilization may not survive "death spiral"

[sethnintendo]

iFlow said:

Nations aren't likely as to fall in today's modern era. Ottomans fell because of the World War, thats what happens when you take stand against the world's allied powers. The British Empire only "fell" because the rise of a new modern era of guidelines and government. England is still a VERY powerful nation. The USSR was never really meant to succeed. Look at the World wars, and the Cold War. But Russia is still a nation. 

So to say that the states will fall is a little too steep. We won't be top dogs much longer (China and India) but we will still be a World power. We've been through worse in terrible times. But as technology and the new era comes, its only hard to imagine how a nation would fall. Thank you technology, internet, and wahtever else that has improved our lives.

Weapons is about the only thing USA can produce now.  To have your economy based on a consumer economy probably isn't the smartest idea.  A nation has to be able to produce something.  Sadly our manufacturing base has shrunk a lot due to lay offs and outsourcing.  Manufacturing industry used to be where you could make a decent wage.  Most manufacturing jobs in Texas pay no more than 8-10 dollars a hour for the average worker (not talking about engineers, management, etc).  Pretty hard to support yourself let alone a family on less than 10 dollars a hour.  Manufacturing in USA is a joke and the only thing you can except is that you will probably be laid off.