Well, it is possible, but it's happened before and after a big huge ol' crash, the Americans who had their heads stuck up their you know wheres pulled their heads out and started working to improve things.
As long as people still drive gas guzzlers, as long as they continue to buy crap that doesn't mean a thing with Chinese or other foreign labels on them (Can you say Toyota?), and as long as they stop infecting their foods (salmonella in tomatos and bell peppers) we will have trouble.
It's time for Americans, Chinese, Europeans, and the rest of the world to realize we are lining the pockets of speculators and oil barons.
We should stop that crap, buy a stupid fan, buy a reasonable American built automobile, and plant a garden, or a tree.
The economy and the environment are both battling each other. Hear lately the environmentalists are saying "NO" to drilling for more oil because of the ***chance*** it may harm the environment... not that it most assuredly WILL, but that it MAY... Then there is the talk of effecting coastal businesses, but again, the technology is good enough, if all the safety and environmental measures are followed there is no problemo, right?
It's getting bad because no one wants to bend a little, they expect the next guy to do it for him.