U.S. now on pace for European levels of austerity in 2013

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48. Unfortunately, one doesn't follow the other in and of itself

The idea of self-sufficient national markets was largely abandoned 30 years ago, and it's almost inconceivable to imagine as to how one might practically go back to them given the enormous costs of building new factories in the U.S. Where is the capital going to come from, if all the capital is in the hands of global banks which see higher returns by investing in companies in China that themselves outsource much of their own components from places like Bangladesh and Vietnam where labor costs are even lower?

If you know how to overcome those practical obstacles, let us know. We'd all like to know some alternative, any workable way out of the downward spiral that sucking down the American population that is not linked-up with Multinational Corporations and Global Banks or federal contractors.