"Every single economic indicator is screaming "RUN"! "HIDE"!"
Again, you really need to acquaint yourself with the 1970s. The HISTORIC 1970s/1980s, and compare them to your HYSTERICAL 2000s.
Who knows, this period may well turn out to be worse than the 1970s/early 1980s, but right now it is not. It's just people like you who are in screaming fits of fear who are ASSUMING that this is just the entry into the end of the world as we know it and that we're all going to end up being owned by the Chinese and living in mud huts.
No period of economic turmoil is exactly like any other period, but unfortunately it seems like the attitudes of the people never change.
Back in the 1990s when things slowed down after Gulf War I lots of people were screaming at the top of their lungs, just as you are right now, that it was end times and that America was finished as an economic power.
Look. We have no clue what the future is going to bring with this period of economic turmoil.
But people like you certainly don't help anyone by going all cataonic with fear and predicting the imminent, unavoidable doom of the American economy.
So, my advice to you, and everyone else, is get your heads out of your butts, get your emotion selector out of "Fear/Panic" mode, and change your shorts.