Countdown to a Meltdown - America's coming economic crisis

Well, we've been dancing around this one for quite a while, here it is all spelled out for us. America is digging itself an economic grave. Is this how the once mighty U.S. of A. ends up, burned out on the shattered shoals of a wasted dream? Here are some points to ponder: Our country no longer controls it's economic fundamentals. Compared with the America of the past it has become stagnant, classbound and brutally unfair. Compared with the rest of the world it is on it's way down. We think we are a great power; our military is still greater than China's. Everyone else thinks that over the past twenty years we've finally pushed our luck too far. [from MetaFilter.com]