So where does that leave us? Much of our population have no skills, no education. Any jobs that they might be able to do (sewing, soldering, etc) is done cheaper in China. So many millions of Americans have no means of income.
In an utterly free market system, we say "tough" to those Americans and we allow them to die in the gutter.
On the other hand, we could have some degree of government intervention to help people avoid the death-in-the-gutter outcome. As part of that government intervention, we could consider international trade policies which encourage some manufacturing jobs to come back to the US and provide income for Americans. It may not be the cheapest way to get your sewing done, but it just might be in the nation's interest.
Most of us are mad, but prefer ideas over doom even though we are not the same kind of American who survived the Depression. Those were Americans who were more self sufficient because of the times, farming and industry, and more had faith.
I fear the roaming gangs, al quaida types arriving over the border and limited ammunition supplies for even self preservation. We shall be quite humbled, and may actually seek God.