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
"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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