Europe yes. US, no. The US is in an amazing position in terms of demography and growth. Aging population, but not immigrant averse like Japan and not an island. The US borders a rising economy with perfect demographics for growth (Mexico). The US is the least involved country in global trade. The US is increasingly disinterested in being the world police, so that capability can be deployed to protect economic interests abroad.
We’re headed for global instability, but don’t expect the US to have a fate similar to Europe.
We’re headed for global instability, but don’t expect the US to have a fate similar to Europe.