The Problem of High Bounded Bureaucracies

The problem of high bound bureaucracies that develop in slowly decaying societies is an old one. But they're also often a debt john I mean strikes me. China has a worst that problem than we do right. The utility rates are low and plummeting getting rid of the one child policy hasn't helped. And our intertemporal trajectory of national wealth, not GDP but national wealth relative to debt. That's going to happen to the US this decade with very high probability.