Back between 1975 and 1980 I myself KNEW, the country would DEFINATELY not be the same in the future. So if its possible that the USA to get even WORSE? And there is a breakup? It would be the final blow-off bottom of the USA and lead to improvement.
But I think all that already happened in 2008, and the country is in a bumpy transition to long term improvement. Hasn’t anybody noticed a general long term economic decline or contraction after 1970?? If not? You were part of the population that prospered from the artificial economic life support fake jobs, or a strong tax absorber labor union.
P.S. I think the Fed or central planners here are going for broke. The US Dollar and its U.S. “Credit Card” is still working, when it shouldn’t be, so why not take advantage of that? Which it what it looks like is going on. And we all know, after bankruptcy, the “business” changes its name, and gets a fresh start with no more debt.
The Fed and the Treasury…”What do we have to lose?”