Sobering read for Americans as our nation embarks on the long march to the Third World. Hopefully there's enough of a residue of Christian morality and good sense to arrest the slide before things get to that point, but it might be wise to start mentally filing such advice for future reference.
Guess I know now why the world's best player, Argentinean Lionel Messi, plays his soccer in Barcelona.
I think we're already "there" --- have you seen Detroit or Camden, New Jersey lately?
As to if this is likely to encroach on suburbia, as happened in Argentina. I doubt it. Or I doubt it as long as the dollar remains a world reserve currency. (True, the dollar is funny-money, but so is the Euro and the Yen, maybe more so.)