I agree 100%.
They are not well educated. They believe their own BS, (yes, they believe this crazy shit, even though they make it up, think about that...). It was only a matter of time before this blind belief allowed them to make enough bad decisions that it affected their finances.
They only reason it took over a century is because they had the benefit of tax-free status, while selling their publications, for decades. By 1990, (when their tax-free status was in jeopardy, and they began the "donation" arrangement), they were still sitting on mountains of cash and assets of all classes. 25 years have passed, the donations are not there, and the money supply is not what it was. Add to this a rapidly changing social environment that is not friendly to fundamentalist religious ideals, (and what all of that entails, specific to the WT), and you have the perfect storm.
This is really the beginning of the end, even if this phase takes another 50 years.
d4g