He predicts a future as slaves - yes, slaves, "in all but name" - for Americans too lazy, stupid, misled, or whatever to do anything to prevent it.
Given the unmitigated cruelty of the current band of Repulicans and the maddeningly wussy Democrats who "oppose" them (including our Bipartisan in Chief), I'm inclined to agree:
Welcome to the Repo culture. Everything you have, everything you are, can be taken away from you, and you are nothing but a series of revenue streams to your lords and masters. Fail to pay, and you won’t even be allowed to be a debt and wage slave, you’ll be in a cardboard box or a debtor’s prison.
Modern Americans are mostly descended from people who didn’t say “this pisshole country is worth fighting for”, they’re descended from people who said “screw this, I’m outta here”. Emulate them and leave, if you can’t leave do the other thing they were willing to do: prepare for a revolution and be willing to die in it.
Or accept your fate as slaves.