It’s a good theory. I’m not so sure about the 200 year time frame though. I think the chinese and the romans and possibly the egyptians stretched it out a bit more than that.
I would put us at complacency. We are still on the tails of “abundance”. And we are about to move past that by two big steps and into dependency. Obama might inadvertently shock us back a step, into complacency again. we’ll see what the next election looks like.
But you know what? The longer we linger at abundance and complacency, the harder I think the climb back out of bondage will be when it gets here.