Mark Steyn argued that the United States is destined for financial collapse and a decline in its role as a world leader if current political and cultural norms continue. The author contended that American debt has placed the country in a precarious position and that regulation and lack of innovation have become hallmarks of the country's business climate.

This was the first lecture in The NHIOP Bookmark Series at the New Hampshire Institute of Politics at Saint Anselm College in Manchester, New Hampshire.