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The era of big spending, large houses, long commutes and giant SUVs and trucks are over. Sure, the contraction back into tightly packed cities and small modest houses, budgeted spending and compact cars will not come over night and it is equally sure that the indebted and breaking US consumer will fight it every step of the way, but it is over.
Large quantities of second hand goods will also come on the market, as people move away from large stuffed houses in the suburbs to smaller, some times much smaller, apartments and houses in the cities. Craig's List, Ebay and garage sale hunters will greatly benefit, at least in the short term.
But there will be massive problems in the cities. Over crowding is the most obvious one. But with little industry, little money and only the service economy to rely on, the cities will be poor, angry and dangerous, as well as over crowded. The country side will become once again lonely and manageable and small towns and villages a lot more inviting. A return to America cira 1920s is more likely.
Illegal aliens take note: not only will American workers compete more directly with you over jobs than any time in the past 50 years, but they will fully view you, and correctly to boot, as the usurpers you are of their livelihood. Illegals' lives are going to get very dangerous and violent.
Tourism will of course suffer, so all those far flung, well developed tourist hot spots, that also happen to be in hurricane paths, will become lonely and decayed. It will become harder and harder for the government to pay for their almost annual rebuilding or even to justify it. Nature will be a big winner in all this.
But one final issue must be faced, the one issue that could easily launch those over packed cities into full scale revolt: veterans. Yes, with bankruptcy of the great big world wide empire, some one million well trained and often enough, well armed, veterans will be returning to the cities where their chances of jobs are slim at best. If they take arms, things in the America of the 2010s will be rather interesting and lively indeed.