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Graham shows how China is doing better than the US.
https://betterdwelling.com/70-chinas-millennials-homeowners-canadians-americans-not-lucky/#_
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You’re viewing the situation as a case of “the west” and “everyone else”, as if the countries within the west do not have a hand in the fact that everywhere else is unstable, underdeveloped or failing in some way.
You should adjust your perspective instead to “the exploiters” and “the exploited”. The imperial core of the empire and the exploited periphery from which the imperial core extracts wealth. When you reassess your perspective and understand that the failure outside of the imperial garden countries is a result of these countries massively extracting wealth and resources to import it into the imperial core then you will be unable to continue to see it as “good states” and “failed states” but instead as one set of exploiters being responsible for the instability and under-development of the latter. The states you view as good are responsible for the states you view as failing.
If you liberate those “failed states” from the wealth extraction and mineral exploitation of the states you view as good their fragility will soon make itself clear. And all these other countries you view as bad will stabilise when they are actually using their vast mineral wealth and riches for their country instead of for the imperial core.
You should read Imperialism in the 21st Century.