re: Deindustrialization - Have We Become a Poor Country?

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not producing real goods is just hocus pocus and will collapse, which is where we are headed.

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It's exactly the opposite. We're in the process of a massive industrial buildout in North America. We're cutting China out and moving what was there back to the U.S. and Mexico.

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I guess the industrialization doesn't matter unless we need to fight a continental war.

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We will never have to fight a continental war against a foreign enemy. Even if China, Russia, Iran, North Korea, Africa, and the entire Arab world united against us, they still wouldn't be able to raise the capital to float a navy and land army across the oceans to conquer us.