Why America is in decline

Along with history, travel is by far one of the best teachers. Formal education in classrooms can be stifling to the mind. It makes people believe that the world actually conforms to all the snazzy theories we read about.

But there’s no economic textbook on the planet that can come close to showing you how the world really works.

It’s not about stocks and flows, efficient markets, or official statistics. None of that stuff really matters.

The world runs on people. And even though our politicians go out of their way to highlight the differences among us, human beings all over the world are fundamentally the same.

We all love our children. We cheer for our favorite teams. We work hard to put food on the table for our families. We get frustrated with where we’re at in life. And we desire to achieve more.

This desire to achieve is fundamental to all humanity. Human beings aspire. We push ourselves to accomplish more and improve our stations in life. And this desire spans generations.

Parents always want their children to enjoy a better life than they had. And they work their butts off to ensure this happens.

This isn’t exclusively a western phenomenon. All over the world, the need to provide a better life for one’s children is practically a subtext to the social contract. And people in developing countries want exactly the same thing.

They’re succeeding.

A child born in China today will have a far richer life than his/her parents and grandparents.

And in my travels to over 100 countries over the last 10+ years, I’ve seen other frontier and developing markets that are bursting at the seams in a similar trend.

Myanmar. Colombia. Tanzania. Georgia. Sri Lanka. Botswana. Indonesia. Mongolia.

The growth rates in these places are staggering, and you can see first-hand the hundreds of millions of people being lifted out of poverty.

In these developing countries, they look across the water to the West and can see a rich and consumptive lifestyle. They want this lifestyle, especially for their children.

They’ve spent decades toiling in factories, saving money, and building for the future. It’s time to cash in.

Decades ago, the vast majority of wealth and production was in the West– specifically the United States.

Most people across Asia and Latin America were absolutely impoverished, and felt honored just to be able to work hard and export a product to the US.

Today, it is those same countries (particularly in Asia) that now hold the majority of the world’s wealth and production. And it is their growth that pulls the global economy along.

The West, on the other hand, is full of debt and consumption. America’s greatest exports are now infinite quantities of paper currency, drone attacks, and arrogant regulations like FATCA.

It doesn’t take a rocket scientist to see where this is going.

The West is running out of steam, and the Social Contract subtext is breaking down. Parents are no longer able to provide a better life for their children.

It’s not from lack of trying. But when you’re bogged down by tens of trillions in debt, rising taxes, increased regulation, and a government that rules by fear and intimidation, it’s like swimming upstream in the middle of a hurricane.

Wealth and power are shifting. Developing nations are rising quickly, and western nations are sinking. It’s happening. Ignoring this reality doesn’t make it go away.

Providing a better life for our children now means breaking away from a 20th century paradigm and embracing the new rules of the game.

The world isn’t coming to an end. But it’s changing, just as Hemingway wrote– gradually, then suddenly.

This is fundamentally a good news story… and it opens up a world of opportunity for those who are willing to see it.

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About the Author: Sovereign Man

  • suddencall

    this statement is very low IQ

  • suddencall

    I have yet to hear any truth come from the right wing,on any subject. There was never a group of people more immoral than those folks.Beware of truth wrapped in a religious blanket

  • suddencall

    AMEN TO THAT . There was never a more mentally ill person than a right winger. To bad we let the mentally ill run for public office, now that is crazy

  • suddencall

    I believe that religion is the first symptom of decline. we have more would be Christians in our society than ever before ,it just makes it worse. Teaching superstition and myth is the first sign of a declining society,after all if people can not tell truth from fiction ,it is going to breed decline.

  • suddencall

    Republicans planned NAFTA and voted it into being ,all Willie did was sign it into law.

  • suddencall

    There is a lot of truth in the danger of religion of any kind . that is why the founding fathers said separate church and state.

  • Joe Cabot

    Are you yelling at me for being a lefty?

  • festmatt5440

    ‘ N A F T A ‘ ; yes ; that was ” slick -willie ‘ ; the one ‘ that all the ‘ leftys ‘ still think was such a wonderful president ‘. Well ‘ ; if you have no morals , no values ‘ ; no self respect ‘ then , yes ‘ ; he is really great ‘.

  • festmatt5440

    What you should do , then ; is to bend over ‘ , reach around behind , with both of your hands , and see if you can pull your head out of there ‘ ; so then ‘ , you might be able , to tell ,what is really going on .

  • festmatt5440

    Yep ‘ ; you leftys , don ‘t like the ‘ truth ‘ presented to ya ‘; because your non – functioning , brains can ‘t handle the truth .

  • festmatt5440

    Yeah ‘ ; its all the ‘ right wings ‘ , fault , for sure . ( slick -willie ) Who was responsible for passing ” N A F T A ” , and having a ‘ muslim ‘ in the president’s office , who , with all his ” Communist ” friends , want to see this country ; ” taken – down ” ; sure doesn ‘t have anything to do with it .

  • Slav2012

    Joe

    I admire your strength in pushing back on the barbarian at the gate. It does take persevernce because people like Dill are wired to believe what they do.

    Ive been taking a break from Disqus and having a go at the real progressives over on The New Republic blogs. It saddens me to say, but pickle Is a rank amateur compared the world class egotists over there who would go to their deaths believing America and its Judeo Christian values are an enemy of all mankind.

  • Homer

    I have read a few comments to know that I think there is some truth in what each and everyone is saying. I would add that I would start at the beginning. The ten commandments. When a society throws the ten commandments to the trash heap, takes God out of schools, home, and country, the door is opened to the EVIL one. That is what we are seeing in todays education, government, society, newspapers, movies, TV . . . on and on. Society is in decline; government is in decline; neighborhoods are in decline; and, seemingly children are not being educated in a principled life–with exceptions and morality has gone the way of the horse and buggy. What would anyone expect of a society where this is happening every day? Someone sent me an email the other day about happenings in Key West, Florida. Now I have no idea what Sodom and Gomorrah cities looked like, but that is what first came to my mind when I saw this email. Marijuana, cocaine, lewdity,nudity, tatoos on top of tatoos, indecency and disregard for decency. After all of this, what would one expect other than a “COUNTRY IN DECLINE?” WE HAVE ARRIVED! WE ARE THE DECLINED AND DECLINING FURTHER!

  • Joe Cabot

    Party platforms and reality are separate entities. Thanks for confirming that you are in the first camp.

  • JohnDille

    ONE SHOULD WORRY ABOUT THE SANITY OF ANYONE WHO TRULY BELIEVES THAT REPUBLICAN AND DEMOCRATIC POLICIES… AND THE PHILOSOPHY AND DATA DRIVEN THINKING BEHIND THEM ARE ANYWHERE NEAR BEING THE SAME! Consider a couple of bits of fundamental bit of government policy… DEMOCRATS ALMOST UNIVERSALLY SUPPORT HIGHER MINIMUM WAGES…. republicans almost universally oppose them! DEMOCRATS ALMOST UNIVERSALLY SUPPORT HIGHER TAXES ON RICH FOLKS… FOR A VARIETY OF IMPORTANT REASONS… Republicans almost universally oppose such higher taxes. SEMOCRATS ALMOST UNIVERSALLY SUPPORT STRONG REGULATIONS DESIGNED TO PROTECT THE PUBLICAN FROM PREDATORY AND DANGEROUS CORPORATE BEHAVIOR AND ACTIONS… Republicans almost universally oppose such regulations. DEMOCRATS TRY TO CREATE GOVERNMENT POLICIES THAT ARE PROTECTIVE OF AND SUPPORTIVE OF THE AMERICAN MIDDLE AND LOWER CLASSES, AND SMALLER BUSINESSES… Republicans do everything they can to protect the best interests of the rich… at great cost to all the rest of us. IN SHORT… ANYONE WHO SEES ALL THAT MUCH SIMILARITY BETWEEN DEMOCRATS AND REPUBLICANS HAS BEEN ENJOYING FAR TOO MANY HALLUCINOGENS DURING THEIR LIFE TIMES… or were born lacking higher brain functions and capabilities… OR ADEQUATE LEVELS OF SANITY!!!

  • Joe Cabot

    First off, I never denied anything that was written. That is your misinterpretation. It makes sense other than the close minded part where comrade john cannot see that the democrats are an equal part of the problem. Both parties are working together to take down a path of destruction but the party ideologues are so caught up in their quest to find fault with the other side that they cannot see that their guys and gals are carrying out the same policies. It is actually quite amusing theater to watch it play out.

  • Hermes Mercury

    I’m interested in what you think he said that wasn’t true please? Thank you.

  • Joe Cabot

    Those right wing policies are so effectively destructive that the democrats adopted them for their own use and for their own campaign of economic destruction. It is heartwarming to see the democrats and republicans work together. Oh, and thanks for worrying about my sanity.

  • JohnDille

    JUST REMINDING YOU RIGHT WINGERS THAT YOUR CLOSED MINDS AND RETARDED OPINIONS AND DISASTROUS POLICIES ARE DANGEROUS TO CHILDREN AND OTHER LIVING THINGS!!! Someone has to do that unpleasant task, lest you right wingers never even notice how insane your world view really is! BESIDES… DOING THIS UNPLEASANT TASK GIVES ME A BREAK FROM ANALYZING THE REALLY DEPRESSING RESULTS OF RIGHT WING ACTIVITIES FROM AROUND THE WORLD!!!

  • Joe Cabot

    Sign in. Close mind. Rant in a continuous loop. Repeat the next day. You have a pretty nice gig comrade.

  • JohnDille

    AH YES… ALWAYS THE SAME OLD RIGHT WING BALONEY… Giant corporations and their rich owners decide to send jobs overseas… BUT ITS THE GOVERNMENTS FAULT… giant corporations and their rich owners decide to bust unions, hire millions of illegals, drive down wages, block minimum wage increases, import millions of people with special visas instead of hiring Americans.. BUT IT IS THE FAULT OF THOSE DEMOCRATS WHO have some minimal CONTROL OF THE GOVERNMENT…. giant corporations and their rich owners are making trillions of dollars by running America and the world, BUT WHEN THE GOVERNMENT STANDS UP FOR HUNDREDS OF MILLIONS OF ORDINARY PEOPLE… IN ANY WAY… TO PROTECT THE BEST INTERESTS OF THE PEOPLE… then the government has become dictatorial and anti progressive!!! YEAH… RIGHT… WHATEVER!!! WE GET IT… RIGHT WING BILLIONAIRES JUST WANT TO RAPE AMERICA AND THE PLANET, AND BE ALLOWED TO DO WHATVER THEY WISH… AND THEIR REPUBLICAN PROSTITUTES HELP THE RICH DO ALL OF THAT.. AND MORE! And when Democrats or ordinary people try to fight back… IT IS OBAMA AND THOSE DANG LIBERALS WHO ARE PERVERTING THE FUTURE OF AMERICA… by trying to prevent a complete right wing take over and destruction of America and the enslavement of its ordinary people… and their kids… and their grand kids… and their great grand kids!!!

  • Arve

    Through NAFTA, we’ve accelerated our technology transfer to Mexico. Same with free trade – China has benefited far more than the U.S. The technology and job transfer has been too fast, far too fast for the U.S. economy to back-fill the lost jobs. The transferred technology is a huge freebee to the undeveloped countries that has and will set the U.S. back for decades.

  • suddencall

    The world is made up of a lot of different governments ,These governments decide your fiat and wealth .In the U.S.A. the right wing has decided to sell us out to the foreign corporations that like third world labor.Voters think the only choice they have is republican or democrat to solve their problems ,this thinking will not work.

  • peacelover

    I agree with Mr.Black totally. I have seen the writing on the wall for a while now and have positioned myself to benefit from the transfer of power from the west to the east the is soon to take place.