They have social challenges, a major demographic crisis, and even a serious issue with childhood obesity.īut no civilization or empire throughout history has ever been problem-free.Īncient Rome, even during its early republic days, had enormous problems. They have their own debt issues, financial system chaos, and economic problems. Now, usually whenever I bring up China, there are always people who are quick to assert that China cannot possibly replace the US as the dominant superpower because they have just as many problems.Īnd it’s true that China has a ton of problems. This is all happening at a time when adversaries are circling. They also found that certain values which once defined American culture, including a sense of community, hard work, and civility, are no longer important to the majority of people. The Wall Street Journal recently published a series of polls indicating that most Americans doubt their children will have a better future pessimism is strong.
We just saw another example of this yesterday.Įven the national fertility rate continues plummeting- an indication of the rising cost of living and social apathy. The rule of law has been perverted, including for political purposes and self-aggrandizement. Military readiness is down, yet top officials seem more concerned about diversity and inclusion rather than the ability to prevail in war. Plus there’s an obvious mental health crisis that drives far too many people to commit horrific acts of violence on innocent people, including children. Obesity and drug addiction are epidemics. The education system is in pitiful shape, with many politicians and school board officials turning classrooms into activist training camps. Censorship and cancel culture prevail, and corporations now wag their fingers at their own customers to “be better”. Social divisions across the country are extreme. And they also fail to understand how their actions to ‘fix’ inflation are causing widespread havoc in the economy and financial system.
These people simply cannot understand how, by keeping interest rates at zero for nearly a decade and conjuring trillions of dollars out of thin air, they engineered record high inflation. Political incompetence is mind-blowing politicians fail to be able to even identify problems, let alone understand them, let alone reach compromises to solve them.ĭitto for central bank incompetence. The national debt exceeds 100% of GDP, annual deficits run into the trillions of dollars with no end in sight, and major trust funds for Social Security and Medicare will soon run out of money. US government finances are appallingly bad. But it’s incredibly difficult, if not impossible, to objectively appraise the bountiful evidence at hand and not reach the same conclusion. I take absolutely zero pleasure in writing that statement. At the center of Sovereign Man’s core ethos is the indisputable view that the United States is in decline.
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