Yes this world is deteriorating and will colapse in no time, this is to the madness of lots people. People who only cares about their own interest and benefits. This current states is impossible to heal not unless there is a strong conviction to change and even in the existence of strong conviction still not possible as long as everybody will cooperate.
Will this has the chance to heal? To directly andwer that, No, but we can do something to at least alleviate.
Alleviating cancer doesn't cure it.
That's all I can say. The only way to cure cancer is to forcefully remove it. All of it.