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It could even be argued that the reduction in the young male population due to the casualties of WWII coupled with the increase in heavy industry capacity launched our economy out of the pit.  That was, as a country, we still produced physical product for world consumption.  Now, of course, we consume more of the world's product than we provide.  If this were to ultimately kill the hegemony of the dollar in world energy markets, then you can kiss your lifestyle goodbye.  With feeling.