you are spot on here.. the problem is that its an effect of much deeper and worse cause. the democracy. its outlived itself. we are on the way down the hill and the Asia and Russia are waiting to the point when we fall on the knees so they can just kick a little and then step on the throat and finish this nonsense.. there is no Darwinism. the democracy is the rule of the majority. the majority is finally embraced this tool. the majority are lazy uneducated or half-educated bums. so the result is what you see - they vote for easy solution all the time. but easy means compromise in something. easy solutions paint us as a whole civilization into the corner.. and this process is speeding up. yes, this process is much more visible in Europe. But it is hitting US as well and in few decades all of this will become obvious. 20 yrs ago I said that Russia and China will rule the world by 2030.. ppl were laughing.. now they are not laughing. some of them learning Chinese... but then - I didn't know why. I just saw the force vector.. now I can tell you why - because your 'demos' will sell you into slavery to the more fit, able and agile people of the world. those who is not encumbered by forgiveness, charities, open-mindness, diversity, gay rights, religion neutrality, race/sex equal opportunities etc..
Next crisis the BRIC's new trade and currency agreements along with development and liquidity banks will be tested. Everyone has a plan until they get punched in the mouth. I have no opinion on this as change is constant but it takes time.
This post, based on highly questionable premises, is a curious intermingling of the logical and illogical.