I read this and waited a bit before commenting.

I believe your assessment is on track-

…if Posen is correct - and no doubt there will be some who disagree with him - and globalization continues then more of the social fabric of the old US will be torn, and many Americans won’t like that.

My concern is this. If there is indeed a social upheaval, there would be a sizable number of people (reactionaries) who would fuel an even bigger underground economy and put pressure on gold and other metals.

From where I sit, that would be disastrous for the economy overall. Even worse, it is hard to imagine politicians who won’t exploit those uncertainties and fears.

How do you integrate this new economy without instilling fear? Can it be done without cataclysmic upheaval?