America, the shining city on a hill, swollen over centuries into a reluctant empire, faces a long march into the twilight of its greatness. Our duty now is to supervise our relative decline. Other superpowers shall rise to match us: China, surely, and newly consolidated Europe, and maybe Russia or Japan. From ancient Rome through the Ming Dynasty, from the days of the Spanish Armada to the British Empire, the implacable rule of history is that no one stays on top forever.
...
All this strikes me as the cue to place a bet on America. Don't despair: double down.
