However, if “the decline” is dragged on for decades, it becomes conceivable. Our wealth is determined largely by our supply of productive capital goods and human capital. They are only destroyed with time. All the debt in the world could disappear tomorrow and we’d be no worse off than today.

My biggest frustration lies in that the truth about how our system works, who it benefits and why it is not being changed – is not partisan. I don’t need to channel my inner libertarianism to make it coherent. I don’t need to pin blame on any person or political party. Yet nearly everyone who tries to explain it feels the need to take sides prior to their opinion gaining any traction.

If it is not the “official” opinion of some party, with an equal opposing side, then it is not newsworthy – it doesn’t engender an emotional reaction sufficient to become news. It is merely a statement of facts.

The existing paradigm could be torn down and replaced with something functional without violence or mass plight. It only requires people to abandon their emotional attachments and focus on the overarching, unpartisan issues that quite often are the root cause of the smaller, more emotional issues we often quibble about.