I can only recommend listening to or watching some of Peter Schiff's talks. That's exactly the scenario he has been talking about for years. If that scenario w

I can only recommend listening to or watching some of Peter Schiff's talks. That's exactly the scenario he has been talking about for years. If that scenario would play out (I think it's very unlikely right now, but probably inevitable long-term), the US would have a big issue as it's not exporting a lot, but importing basically everything. Hence, cost of living would go up (inflation) and standard of living would most likely decrease substantially. One effect that would accelerate this is rising interest rates (to conquer inflation) meaning a significant drop in asset prices (since you now have to borrow at a higher rate).