One of my favorite blogs, Classical Values, has an insightful blog post called "The Old Order is Breaking Down." Their summary for America is the following:
1. The lower education/union bubble
2. The higher education bubble
3. The real estate bubble
4. Not enough oil production
5. Drug Prohibition is being recognized as a failure
6. Insufficient food production to support the world system.
7. The Green bubble
8. Unsustainable Social Security, Medicare, Medicaid, etc.
9. The Democrat party
Read the whole thing here.