The Tytler cycle and the rise and fall of national power

Named for 18th century writer Alexander Fraser Tytler, the so-called Tytler Cycle is a proposed template for the rise and fall of nations. I suppose it can be applied to smaller and larger groups as well, and perhaps even individuals. In essence, it is as follows:

[atsimg]http://files.abovetopsecret.com/images/member/5b8c27676ae8.jpg[/atsimg]

One writer in the blogosphere maps the US story as follows:

[It] could be used to chronicle our nation’s rise and fall from the day our ancestors fled the tyranny of King George (from bondage to spiritual faith), the American Revolution (from spiritual faith to great courage), the Declaration of Independence (from courage to liberty), the Industrial Revolution (from liberty to abundance), the signing of the Federal Reserve Act (from abundance to complacency), the Great Depression (from complacency to apathy), the entry into the United Nations (from apathy to dependence) and everything that has happened since: the endless wars, socialism/facism, the CIA, etc., etc., etc. … (from dependence back into BONDAGE!)

I think he's got some points, although I would put some of the various transitions at different places.

The nice thing about the Tytler cycle is that it is not a "doom and gloom" theory per se, because it is a CYCLE. After the nation has "hit bottom" and purged itself of past excesses, it can again start to rebuild.

So what say you, ATS? Do you like the model? Where would you put the various transittions? And where are we now?

Star and flag for you.
I think we are somewhere between complacency and dependence.
Next is bondage.

I don't know I kind of feel like I am personally entering the "spiritual faith" phase. Because I have lived a life of bondage.

Bondage in the USA is past and present tense, not future (hopefully).