Definite downward spiral.  In long run it is hard to say what will happen.  I honestly think the best thing that could happen is the US breaks up into multiple smaller countries so we stay out of other country's business and each country can have a common culture. 

 I like Hans-Hermann Hoppe's vision of there being 10,000 Lichtensteins. Seeing that in America would be great, in my opinion. 

 have you read Plato's Critias? According to that text, Atlantis was made up of some 10 regions... 1/3 of them turned on the rest though, sadly the text trails off just as it starts to recount that part 

 I might have read it, but I don't recall that. It's on my long list of things to (re)read. Are you saying that's something like the 10,000 Lichtensteins?