Nothing is foretold, of course. But you wouldn't want to bet the house, or even a sofa set, that the United States will overcome the rampant triviality of its culture, the self-righteousness of its national psyche, or the ideological paralysis of its politics in order to deal with the lack of critical investment, the decline of human capital, the looming tidal wave of entitlement spending, and the like. Another generation of this squandering of national assets, and Americans may find themselves clamoring for Shteyngart's "yuan-pegged dollars."
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