Repression, like Greed, is Good

Freud said that "civilization was built on repressed sexuality". I know he is much maligned now, but: could the disintegration of the American economy (if not its civilization) be a result of "letting it all hang out". We should have repressed more of our sexual energy, and diverted it into hard work, sacrifice and savings. Too much sex, too much "hooking up", not enough burkas and moo-moos? We spent our greatness and future on the wrong head? The blood of greatness flowed into our penises and vagina instead of our hearts and brains? The stock market dried up (and went down) because our sexual organs got too moist (and penises went up)?