Yes it is. Americans would be wise to lean the art of dumpster diving.
Greece is coming to America too.
our parents or maybe our grandparents knew how to keep a pair of shoes in shape and they passed down clothes from one kid to another, to a cousin or neighbor.. gosh, we never threw a used pair of good shoelaces out....we saved them!.
it'll be challenging to become an impoverished nation but it might make us better people....maybe for fun instead of jetting off to Disney World or Hawaii, we'll get back to playing pinochle or making puzzles together at the kitchen table...