I don't know anything about Alex Jones, but I do recognize that an historic long term power shift is underway. The Cold War killed one great power and mortally wounded the other; the Soviet Union is dead and gone, and the United States is exhausted and near bankruptcy. But like all government programs, the apparatus and alliances of the victors live on, seeking new purposes to justify their existence and funding. New powers rise under protection of the tired and broke old champion.
Power politics and realpolitik are indeed going on as before, but the roles of its players are in transition. The United States retains the world's greatest military and its reserve currency, but the same was true of Great Britain at the outset of the Great War that sealed its decline. America is pledged to fight on behalf of more countries around the globe than ever before, but our military and financial ability to honor those binding treaty obligations is now questionable at best. The path we are on leads to ruin.
The Cold War had nothing to do with the United States being "exhausted and near-bankruptcy".
To blame the Cold War for our current malais is to irresponsibly overlook the past six years.