If it's not America's last election altogether, it may be the last one that follows the traditional format that has signified stability in our country's high tide as a great power: that is, a contest between Republicans and Democrats. Both parties are likely to crash and burn in the year ahead, along with a whole lot of other things on the tottering scaffold of normal life.

Have you lost count yet of the number of things in our country that are broken? The justice system. Public safety. Education. Medicine. Money. Transportation. Housing. The food supply. The border. The News business. The arts. Our relations with other countries. That's just the big institutional stuff.  At the personal scale its an overwhelming plunge in living standards, loss of incomes, careers, chattels, liberties. . .  poor health (especially mental health). . . and failing confidence in any plausible future.

The reasons behind all that failure and loss are pretty straightforward. The business model for operating a high-tech industrial economy is broken. That includes especially the business model for affordable energy: oil, gas, nuclear, and the electric grid that runs on all that. We opted out of an economy that produced things of real value. We replaced that with a financial matrix of banking fakery. That racket made a very few people supernaturally wealthy while incrementally dissolving the middle-class. We destroyed local and regional business and scaled up what was left into super-giant predatory companies that can no longer maintain their supply chains. Fragility everywhere in everything.

Bad choices all along the way, you could say, but perhaps an inexorable process of nature. Things are born, they grow, they peak, they decline, they die. The difference this time is the scale of everything we do is so enormous that the wreckage is also epic. It's happening in Western Civ at the moment, led by its biggest nation state, us, the USA, but it will eventually go global, spread to the BRICs and the many countries that will never actually "develop."