I would place it at the fall of the USSR. The USA had spent decades defining itself by what it opposed and in no small part profited from doing so. Internal divisions could be glossed over and the fragility of the institutions of state ignored so long as everyone was willing to play along. With no serious external threat the cracks showed, combined with a series of economic ideas that backfired badly, for example outsourcing to China has come back to bit the USA. There's a point where changing circumstances mean a system that used to work just can't cope and I think the USA has passed that point, but no one was willing to embrace the need for change, they just want to go back to the familiar, safe, world they imagine existed in the past.I agree. I fully think we have past the peak of western civilization and are now on the downward slope. Its not just Trump, he is a symptom of a greater problem.
I can't say when exactly the peak happened. Was it the 1980s, 1990s, early 2000s? Historians can figure that part out. But the post WWII order that has enriched us all in the west is gone and I am convinced the good old days are not coming back.
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