Updated: Jan 1, 2009 Added map and link to another story and another video report
Updated: Nov 27, 2008 added video
MOSCOW, November 24 (RIA Novosti)
19:31 | 24/11/2008
A leading Russian political analyst has said the economic turmoil in the United States has confirmed his long-held view that the country is heading for collapse, and will divide into separate parts.
Professor Igor Panarin said in an interview with the respected daily Izvestia published on Monday: “The dollar is not secured by anything. The country’s foreign debt has grown like an avalanche, even though in the early 1980s there was no debt. By 1998, when I first made my prediction, it had exceeded $2 trillion. Now it is more than 11 trillion. This is a pyramid that can only collapse.”
The paper said Panarin’s dire predictions for the U.S. economy, initially made at an international conference in Australia 10 years ago at a time when the economy appeared strong, have been given more credence by this year’s events.
When asked when the U.S. economy would collapse, Panarin said: “It is already collapsing. Due to the financial crisis, three of the largest and oldest five banks on Wall Street have already ceased to exist, and two are barely surviving. Their losses are the biggest in history. Now what we will see is a change in the regulatory system on a global financial scale: America will no longer be the world’s financial regulator.”
He predicted that the U.S. will break up into six parts – the Pacific coast, with its growing Chinese population; the South, with its Hispanics; Texas, where independence movements are on the rise; the Atlantic coast, with its distinct and separate mentality; five of the poorer central states with their large Native American populations; and the northern states, where the influence from Canada is strong.
He even suggested that “we could claim Alaska – it was only granted on lease, after all.”
“There will be civil war in US in 2009″
The break-up of America into six pieces? Alaska joining the Russian Federation? Will Russia survive the crisis? Igor Panarin, a Russian professor of economics, discusses these questions when he dropped by the RT studio on Thursday.
Russian Professor Predicts the USA Disintegrates
CNN talks to Prof. Igor Panarin who theorizes that by 2010 the United States will fracture.
Filed under: Business, Capitalism, Dandelion Salad Videos, Economy, News, Politics, Russia, United States, Updated Posts on Dandelion Salad Tagged: | Break Up of the USA, Capitalism on Dandelion Salad, Dandelion Salad Posts News Politics and-or Videos, Igor Panarin, Panarin-Igor, The Economy Sucks and or Collapse