Unbundling of the United States of America

 I have been wondering as to whether it is worth the while for the United States of America to unbundle the respective states as the reality is that they are such a divided nation that I find it difficult to understand that there is sufficient common ground at the moment.

As things stand , what one President does , is unwound be the next President and so the cycle repeats itself. Think of China, a single party state in which the President is accountable to the Party but also wields control over that party. What he says goes. So in the USA , with all the infighting they are moving further and further away from being a competitive nation. Similarly, China is moving further and further into the future. 

e.g 5G is still contentious in the USA due to the hardware and software architecture coming from China while China in turn have already launched their 6G satellite. I cannot see USA catching up in the near future. 

I fear for the USA in the longer term as President Biden has received a poison chalice from his predecessor, and at his current age, I doubt has the energy to make an impact in his single term of presidency. If he should retire due to ill health, which is a probability, VP Harris , although I believe capable, will not have the support in boardrooms and behind closed doors as USA has proven to still be a very racially divided country. And every step is a nail in the coffin of the USA.  

The swift demise of the USA is if , or when ,cryptocurrency becomes the global currency for intercountry settlements. The USD , as at March 2020 and as per the Federal Reserve website, is underpinned by nothing other than the governments word. And this has been devalued substantially in the recent past. Russia and China amongst others, on the contrary , have been buying up gold as fast as it becomes available. So in their essence , their currencies have an underlying asset underpinning their currency. My understanding is that Russia and China already use their own currencies tfor trade settlements.

When the world decides to rather settle in a currency which is not USD , then all the global USD will be repatriated to the USA causing a surplus in money supply which in turn could trigger hyperinflation. 

So the journey for the USA is not smooth sailing and we can expect a very bumpy road in the foreseeable future. 

For this reason, due to the lack of consensus in the USA , I would suggest that the discussion start now already as to a split, counterintuitive I know, to actually save the whole.   

Bind the states through trade agreements as money changes the chemistry of the brain. 






Comments

  1. I've also wondered why the States are all united when they really should be separate. They have such different identities, vote differently and even different laws that apply in one state vs another. They can still use their USA acronym for Un-united States of America - hahaha

    ReplyDelete

Post a Comment

Popular Posts