At some point in the near future, America Inc. will almost certainly go bust.

But as always, the world will not come to an end. The assets and wealth of the world will simply change hands, as they have done since time immemorial.

The grand experiment that began in 1776 will come to an end, as all once-great nations do. The US will continue to exist, but as a shadow of its former self, in the manner of the failed empires before it.

When we look back, we may find that the final event that triggers collapse was in fact minor, but was the perennial “last straw.”