cc is discussing:

For decades we built an economy premised on greed and consumption. We ignored the perils of tightly-bound trade dependencies. We outsourced our manufacturing, including for critical goods, in order to increase profits.

Now, we pay.

But the people that pay will not be those that profited. The poor will die in the streets.. the small business owner will go bankrupt and kill himself so that his wife and children can eat and pay their mortgage with the insurance proceeds. But the rich will still dine in style, and giant corporations and banks will get their bailouts, which they will use for executive bonuses and stock buybacks.