There’s a very interesting annotated presentation at “Closing the ‘Collapse Gap’: the USSR was better prepared for collapse than the US.” In it, Dmitry Orlov lays out his comparison between the USSR and the USA of 2006. Posting this now because a talk he gave at Long Now is getting lots of attention.
In closely related news, Maurizio d’Orlando lays out that U.S. debt approaches insolvency:
In 2007, public debt in the United States was 10.6 trillion dollars, compared to a GDP (gross domestic product) of 13.811 trillion dollars. Public debt in 2007 was therefore 76.75% of GDP. In just one year, direct and indirect public debt have grown to more than 100% of GDP, reaching 176.9% to 184.2%. These percentages exclude the debt guaranteed by policies underwritten by AIG, also nationalized, and liabilities for health spending (Medicaid and Medicare) and pensions (Social Security)[2]. By way of comparison, the Maastricht accords require member states of the European Union (EU) to reduce their public debt to no more than 60% of GDP. Again by way of comparison, in one of the EU countries with the largest public debt, Italy, public debt in 2007 was equal to 104% of GDP.
[Update: I'd meant to include both Bruce Sterling, "2009 Will Be a Year of Panic" and Rob Sama, "
The Federal Government Has Jumped The Shark."]

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