here is the conclusion of a former cia employee, and if you wish to see how he got to this point, the rest is at the link;

During the Cold War before the Soviet Union collapsed in 1991, a commonly heard comment was that the country had become economically and politically an “Upper Volta with rockets,” which implied that the USSR spent so much on weapons that the civilian economy was starved of resources. Well, welcome to the former United States of America. As the nation’s decline and fall will no doubt be facilitated due to the millions of mostly Latino “asylum seekers” flowing over America’s southern border, the US as a “Bolivia with nukes” might be more appropriate. The world is tired of Washington and its pretenses and the walls will inevitably come tumbling down when the Biden unsustainable trillions of dollars of added debt-surge brings on bankruptcy Argentina style. A sharp change in course might be able to fix some of the problems, but there is an election coming up which the White House is keen to win by flooding its cherished constituencies with funny money in exchange for votes, a practice which once upon a time would have been seen as corruption. Come to think of it, the US has become a banana republic run by an essentially criminal gang that alternates every few years to pretend to be a democracy. Can’t get much lower than that, but Biden sure is trying!........more........