Yes; all the monarchies of Europe are doing so very well these days.
How long have the major republics been extant? Now, how long did traditional monarchies last?
Second, would you agree/admit that all major republics are on a one-way street? If so, how long would you give them - including the US? So, if we add the past history to expected longevity, what's the total elapsed time?
Last question: when the crack up comes, what type of system will be proposed/established after the re-set? Universal suffrage allowing once again to permit criminals and incompetents to raid the public treasury?