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I think things are different this time around. With globalization we're supported more by cross industry trade of goods and services. For instance the explosion in oil and gas exploration in Canada and overseas is generating huge orders for the makers of exploration equipment in the USA. Etc...
This storm can be weathered, we just have to be prepared to make some serious choices about how we live our lives. Just because you can't drive a Chevy Surburban to the grocerty store doesn't mean the American dream is dead.
-spence
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