Are you missing anything hmm, no I would say it is spot on to be honest.
Much of the "Merica in Decline" stuff is overblown, America still has per head of population plenty room to expand on most indicators when taken on a national basis.
You population is predicted to keep increasing, and you land per head is bigger than most.
If you manage your resources properly even unsustainable Las Vegas can continue to grow albeit at a slower pace.
America has ports on both the Atlantic and Pacific giving a flexibility on trade and millitary resources most nations dont have.
American strategy was/is predicated on the need to prevent consolidation of an aggressive power on the central plain of Europe. A Russia, Germany or France that had controlled all Europe and the colonies of the same would have buried the US eventually.
We know that Europe is on the downswing so it merely remains to prevent Russia from being capable of dominating Europe, if Russia owns European manufacturing and warm water ports they can given time can overwhelm the US. However dont worry it's not going to happen for the reason it has never worked namely Ireland, Iceland and the UK unless you control them you will give up control of the Atlantic eventually.
The brief period after 1991 spolied us all really, it seems like the US is declining but really it is just assuming the position it always had.
Also one last peice on this idea of decline is to my mind it's always predicated on the idea of the military.
By this measure todays britain should be a poorer and weaker place that 1880 yes/no well I think we can all agree that todays Britain is richer than 1880 and the millitary far stronger than 1880.
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