Well it's not as if I have any reasonable expectation that either of you will attempt to refute the substantive points of this article. LOL! I already know how THAT part of this post is gonna play out.
The point of the article???? What is that, that the US is near collasps like the Soviet Union was???? OK, let's just ignore that our economy has been growing at about 4% for the last 3 years, we have had a very low 5.5% unemployment rate forever, we have low inflation and great interest rates, the stock market is doing better. Because some dork at the New York Times says we are gonna collasps does not make it a fact. We have had trade deficits my whole life and it really is not a huge negative the doomsayers have been saying for the past 30+ years.
Willie, you can't refute what ain't there. If there were any substantive points in the article, there are plenty of intelligent folks on FR to refute them.