What does the pessimistic scenario look like?,https://www.bloomberg.com/view/articles/2018-07-30/the-decline-and-fall-of-the-american-empire …
Replying to @tylercowen
In terms of Empire this is not much of a decline and fall. In terms of morale however this seems an America where it would be harder and harder to believe in the American dream. People would either be dispirited or would begin search for alternatives.
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