Think you summed it up very well GGN. What was once fun is now tedious with goals that are unobtainable for the average player.
I think that is the biggest problem and what someone else already mentioned, that catching up is impossible so why bother trying since all you are going to have in the end is an empty bank account. And for what...
I still play, for free but log in less and less and don't really care at this point as I'm really starting to have fun with Boom Beach.