I personally think that The state has no money because its citizens cannot get above subsistence living to start businesses, earn incomes, save, invest, and pay taxes. Because the state has no money, it cannot provide its citizens with basic health care, education, housing, and security, which further limits their ability to rise above subsistence living to start businesses, earn incomes, save, invest, and pay taxes. The cycle then repeats, for generations and generations.
I believe the western world is about to reach its limit as far as wealth is concerned. Currently we are seeing an imbalance in income and that will limit the ability of more people to reach a wealthy status. Furthermore, the actions of the government are making the US far less competitive by throwing everything American into question and making our products less viable outside of the country.
No, the Western world is not about to reach its limit as far as wealth is concerned, because there is no limit to the amount of wealth that we can have. Technology becomes less expensive as time goes on, which means that people can become wealthier and have more without it costing more. There is no limit.
The western world is not about to meet its limit as far as wealth is concerned. The only thing that can put a stop to wealth is over bearing governments rules and regulations. Hopefully that is not about to happen. Too many people want freedom and to control their own destinies.
No, the western world is not about to reach its limit. The western world can still pick up and make a whole lot more money in the future, it all just depends on if the government puts some good things into place to make sure that we go up not down.