LOL but Europe has aways been in decay since America was first formed.
If you look at the history of American relations with Europe, there has never been a time when American commentators have not pointed to European culture and discussed its decay.
That is why Europe is known as the old country old as in decay.
But still Europe thrives and has a habit of bouncing back.
From total devastation in the 40s it took about ten years or so to rebuild Europe