Acemoglu on the expected future :

"America’s collapse thus followed Hemingway’s famous line on bankruptcy. It happened gradually, as shared prosperity, high-quality public services and the operation of democratic institutions weakened, and then suddenly."

https://www.ft.com/content/4e3f1731-3d63-4b31-88ce-c3f5157d8170?shareType=nongift

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