I hope that you are right.
1. The debt is unsustainable and will continue to pile up, as long as voters are presented with candidates most appealing the political class (liars, big spenders, not even Americans of many generations of American heritage, some not even born on U.S. soil). Bond collapse, viral interest rates, falling markets, debt collapse...the vicious circle of decline and repudiations of debt must follow.
Money of real value does not grow on trees and is not fabricated in any way without real assets being manufactured. And foreign slave nations eventually figure out that they’ve been had (e.g., China). Forced small government results in nations with leaders who wanted “empire.” It’s already happening in lesser ways in smaller nations that are only propped up a little by interests in larger nations. Big constituent frogs in the shadows of small ponds have been deposed.
2. Real estate will continue to decline. “Property values” is no longer a useful excuse. Local regulatory offices are useless and paid without a cause. Close them.
3. Some very strong influences have joined open source equipment design and development for a much more distributed economy. They know that it is the great investment of the future.
It’s nothing new. After government-controlling constituent groups with prohibitions against new, domestic competition have their way, most adults are relegated to idleness and looking for ways out. Consumer spending drops. After so many balance of payments deficits (trade imbalances), debts pile up.
Not all consumers are intentionally stupid and only worthy of being exterminated in some slow processes of attrition. As a matter of fact, many of them are the real makers. The real helplessness will be realized by those who think they’ve got it made for now.
Public school teachers and many other kinds of government employees and pensioners should start looking for real, productive jobs.