Predictions have been made before about the split and falling of nations, such as French political scientist Emmanuel Todd forecasting the demise of the Soviet Union 15 years before its fall. So, we must entertain the notion that the same may some day happen to the mighty U.S.A. I think we sometimes fail to realize that America is a debtor nation. The deficit is in the trillions. Many of the states of the U.S. were once territories owned by other countries. So, it may not be so far fetched to think that these states can eventually be sold off to decrease the deficit. Think about it like this; if you loaned a thousand dollars to an acquaintance do you some day expect to collect on that debt, or do you chalk it up to an act of goodwill?
Interesting stuff. Liking the blog, Eric. Keep it up!
ReplyDelete