Dead end for a country as well. The USA is on the path of socialism, so we will see how far we get before we either hit a brick wall or go over a cliff.
I think that America embraced socialism a long time ago, and you do not need to rely on my word. Bernard Baruch, chairman of the National War Industries Board under President Woodrow Wilson during World War I, wrote in 1918, “We are living today in a highly organized state of socialism. The state is all; the individual is of importance only as he contributes to the welfare of the state.”