United States of America: Possible Breaking Up?

Photo of Igor Panarin
Image via Wikipedia

By P Chong                                   Wednesday, 17 August 2011

 As though things weren’t bad enough for the Americans, Russian Prof. Igor Panarin, 50 years old, a former KGB analyst, Dean of the Russian Foreign Ministry‘s academy for future diplomats, invited to Kremlin receptions, lectures students, publishes books, and appears in the media as an expert on U.S.-Russia relations, predicted the breaking up of the United States of America in 2010.

 Greed & cut-throat politics have left the United States in political stalemate.

Bankruptcy covers the US political landscape.

Source: RCG illustration/Paula C. Rondeau

Generally, all politicians initially start off with similar idealistic goals like peace, prosperity, health & success for everyone. The problem is not with the question of policy but implementation and polarisation results.

Democracy is “Demo Crazy” as demonstrated crazily all over the world.

With crippling unemployment, home foreclosures, years of overspending, and the makings of a second Great Depression, American citizens have called on politicians to do just one thing – unite & work together.

However, over the decades, political rift between left & right has grown from the size of a sidewalk crack to opposite ledges of the Grand Canyon – with miles of desolate, rocky terrain between the two . . . making it increasingly difficult to work in unity. Something has to give. Either the nation discovers the way to true unity, or it will disintegrate or dismantle itself from within.

It’s not a question of being “too big to fall or fail” but more so of being “falling harder.” The larger and more complex a system, the more likely it is to break down. A simple pendulum with few moving parts could last many more years.

America now has a population of some 300 million people, 50 states, and more federal, state and local agencies than anyone can possibly list. It is hard to govern such a large, complex and populous system when anything goes seriously wrong.

A lot is going wrong right now.

The U.S. military agrees that the chance of a break down in the system is real:

  • the use of American troops to quell civil unrest is likely if worsening economic crisis persists

  • warning that the U.S. military must prepare for a “violent, strategic dislocation inside the United States” that could be provoked by “unforeseen economic collapse” or “loss of functioning political and legal order.”

International Monetary Fund Managing Director Dominique Strauss-Kahn warned of riots and unrest in global markets if the ongoing financial crisis is not addressed and lower-income households are beset with credit constraints and rising unemployment, the Phoenix Business Journal reported.

The Defence Department has made plans to deploy 20,000 troops nationwide by 2011 to help state and local officials respond to emergencies.

In other words, the government is predicting that systems will break down.

Here’s an amazing outlook, hilarious too!

Gross Domestic Product (GDP) is a convenient way of measuring and comparing the size of national economies. Annual GDP represents the market value of all goods and services produced within a country in a year. Put differently:GDP = consumption + investment + government spending + (exports – imports)

Frank Jacobs loves maps, but finds most atlases too predictable. He collects and comments on all kinds of intriguing maps—real, fictional, and what-if ones—and has been writing the Strange Maps blog since 2006, first on WordPress and now for Big Think. His map “US States Renamed For Countries With Similar GDPs” has been viewed more than 587,000 times. An anthology of maps from this blog was published by Penguin in 2009 and can be purchased from Amazon and Barnes & Noble.

Creator of this strange map: Frank Jacobs

Global Financial Tsunami

By P Chong     Mon. 15 August 2011

Not since 1917 has the United States of America been faced with the downgrading of its Credit Rating until this fateful Friday on 5 August 2011 from its AAA standing to AA+. Standard & Poor’s well justified its action evidently by US’ ceaseless mounting national debt & its inability to pay.

David Walker, former US Comptroller General, says he’s not surprised that Standard and Poor’s downgraded the U.S. credit rating for the first time in history.

There’s no doubt that these are tough times.

Europe and the US are both wrestling with the reverberations of the GFC as the various governments on either side of the Atlantic confront the reality that throughout 2008 and 2009 they were obliged to bail out the privately run financial miscreants with massive injections of taxpayer moneys, just to prevent a complete meltdown of the global financial system. It has been a close-run thing, and the latest aftershocks are an indicator that we have further to go. (National Times AU).

Setting aside all political rhetoric, just through simple common sense of the “Man in the Street” as against the “Men in Wall Street” – great financial wizards or more correctly manipulators & crooks, the game of living it up beyond the economic limit cannot go on & on. The world at large cannot be held at bondage to keep on supporting the glamour & luxuries that’s been put on show.

  • Robbing Peter to pay Paul

  • Cutting the cloth according to your fit

  • Simple economic rule of supply & demand

  • Over-subscription hits on pride & plight

are all familiar to the layman, but completely thrown out of the window by the game that politicians play!

Take a close look at the above map of “National Debt by Country”. The key to take note is the debt percentage to the GDP (Gross Domestic Product). With the exception of Russia, most of the great rich countries, show a dismal performance in this economic aspect.

They say that the “Gate of Hell” has three main entrances: anger, lust & greed. In this case, GREED is the biggest culprit. The Romans had their fall. Similarly, such fate awaits the mighty & tall. For far too long, US has been pulling the economic wool over the eyes of the world – its currency has no tangible value as backed by gold . . . only the world’s confidence support it as the reserve currency. It’s really “toilet” paper money which US Treasury resorts to printing in plentiful amount in short term measures for long term benefits.

I remember the days during the Japanese Occupation in Malaysia, my father was landed with bags & bags of Japanese notes that were worthless as toilet paper! These days in Zimbabwe, people are going around with bundles of paper money for just daily shopping needs. Want to own a Zimbabwe billion dollar note?

There’s no such thing as being “Too big to fail!”

Without order, chaos will prevail!

Watch out! This financial virus is fast catching on globally!!!