Eh, China has been collapsing or about to collapse since the 60's. I'll believe it when I see it. Meanwhile the US isn't doing so hot, which we can actually observe without the need to make the financial troubles of one part of one sector in one region into some sort of sign of an oncoming apocalypse.

Regarding making use of capitalism: Yeah, that's what dengism is all about. Capitalism has its uses, we've just outgrown it.