World War C, Debt and the German and American Models

Many point to the "inevitable collapse" of the american economy.  We can certainly see that happening if the corruption in our government is not dealt with.  It is not the historical result, however, especially if we recognize we are at war with a weaponized economy.
Our debt is out of control as is the debt of europe.  We can only fix the debt by creating the type of inflation which would lead such a relative reduction in the amount of debt that it would be manageable. 
Fortunately we have two examples of where this occurred successfully.  One is in the United States in response to the economic attack by OPEC in the 1970(s).  We were assisted in this regard by the computer revolution (new manufacturing) and by the leadership of Ronald Regan and William Clinton.  Clearly both leadership and manufacturing were required for this success.  This is discussed in "China's Weaponized Economy-How we lost the war with China."
There is another example, extremely well known in history.  This happened in Germany during the great depression.  Germany suffered from a crushing debt impossed by the Allied powers after World War I.  They went through a period of staggering inflation, perhaps not even matched by what we will see in America.  This allowed the countries debt a measure of control, even though the human suffering was unprecedented.
Then came the gear up to World War II which was, again, a manufacturing renassaince.  Even after a failed attempt at world domination and a second round of curshing economic hardship, Germany came back to be one of a handfull of technological manufacturing centers in the world capable of banding together to take on the Asian weaponized economy.
This shows that with a disciplined population, and a little help from friends, it is not impossible to recover from crushing hardship and debt and technological inferiority. 
One of the few weapons we have left is our diversity.  We are not only Asian, we are also German, we are all of europe, we are African.  If we, the United States and Europe, provide the moral leadership we are capable of, our allies, those who are a part of who we are, will rally to us.  This includes the Germans who are as much damaged by this war with China as the USA is.
We must, as a group, take our technological expertise.  To the extent we have not lost it we may yet win this new economic world war.  Cooperation is necessary and that means providing moral leadership which will require a correction of misguided philosophy beginning with Congress.