TRENDING NEWS

POPULAR NEWS

When Will Us Completely Collapse

If the USA were to completely collapse, which areas would go to Canada and which areas would go to Mexico?

Neither would try to do a landgrab. Mexico might just take over the border wall and shoot to kill anyone trying to get a cross.Reason being that a real collapse, which require collapse of both federal and state governments, there is going to be 100 million refugees heading for both borders.Trying to intervene and reestablish some kind of Gov by force are endeavours so expensive that they outstrip either countries resources. Seriously, would you want to take over a lunatic asylum? Its just expense and no income.If you're talking about just fed government and state Gov still are ok, there various regions *may*form new countries. In that case Yankee land aka new England might form a closer relationship to Canada, and southern California, Arizona, new Mexico and west Texas might form a tighter relationship with Mexico, or cause the northern states of Mexico to secede and joint this new south western country. Read “eleven American nations" by colin Woodard.Just consider this, both Canada and Mexico are planning to remain democracies afterward, right? So Canada with 30million people are thinking of adding 60 million Americans to their numbers? What will that look like is terrible of election and changes to national policies? This is apparent also in corporate mergers. It don't matter who buys whom, there smaller entity are absorbed in the bigger. Compaq bought DEC, it may have used the name Compaq afterwards, but it was DEC that swallowed Compaq.Both would be much better off just staying as far away as possible. Mexico may have some grudges still after the Mexican purchase, but that don't mean that you actually try to undo it when you get down to it. Plenty of Germany regret reunification.

How likely is it that the US Dollar will completely collapse?

Highly unlikely, for several reasons:The US is the most stable trading partner of and to the other several largest economies. We have great sources of domestic energy, untapped other raw materials, predictable sources of foreign raw materials, predictable and stable purchasers of American goods and services;People who talk about gold-backed money are living in a fantasy world, as is measuring monetary strength or worth over long periods of constant inflation a meaningless measure;The US level of debt as a percentage of total GNP is lower than several periods in the last century and;Alfhough there is a steady increase in debt/deficits, we can, over two decades, reverse it through the right legislative moves (increasing taxes to pre-2002 levels and decreasing military budget by several per cent);Nearly all wealthy and powerful nations have a vested interest in doing those things which aid the US in any potential crisis, because they understand the economic and military benefit of having us as an ally;We face almost zero likelihood of suffering a potential war potential period not of our choosing;If we choose, we can absorb several percent increase in immigration, lowering average costs, increasing production and accelerating aggregate demand/consumption; andAmerica not only recently withstood a nearly epoch collapse of (worldwide) systems and financial institutions, we recovered faster and better than nearly all other nations.

When will the US economy collapse?

Who says the US will “collapse”? Where is that coming from?But let’s examine some of your claims:The US economy seems to me doing greatWell, that is true, as long as you are a member of the wealthy class. It isn’t doing so well for the other 95% of our citizens however. All of the benefits from economic growth go directly to the top 5%. For everyone else, their income and wages have been stagnant or in decline for over a generation.unemployment is lowTrue again! But our economy produces mostly minimum wage jobs, and our minimum wage that was inadequate a decade ago when it was last raised, is even more inadequate now. We have citizens in the “richest country in the world” who work full time, yet cannot live on their income from their jobs. They need welfare, even though they work!. And don’t come back with the “get an education and acquire some skills” argument. All of the education in the world doesn’t do any good, if the only jobs available are minimum wage jobs. And in the US, you would have to be crazy to commit to a lifetime of debt earning a degree in some field when there are no jobs to be had.good news are all aroundGood news if you’re rich. But not so great for the 95% who must work for a living.So when will the US collapse?Still don’t know what you mean by “collapse”. But if the health of the economy is measured by the standard of living of the Working Class, that collapsed about 35 years ago when Reagan started handing all of the hard earned progress of the US Worker, over to the idle rich via corporate welfare disguised as Trickle Down tax breaks. Tragically, we still haven’t learned this lesson. Trump enacted yet another tax break for the wealthy just a few months ago. Of course, it is financed by borrowing which the Working Class will have to repay. So maybe that collapse isn’t too far off after all.

What will happen if the US economy collapses?

It depends what you mean by collapses? I'll assume you mean a worse than Greece-like situation in which the Government defaults on its debt - in other words the US is declared bankrupt. Except that the debt is promised to be paid eventually (unlike a personal bankruptcy where the creditor takes ownership of the debtors assets) In this scenario what would happen:

a. The dollar will become an almost useless form of currency. People will have on faith in it as a store of value as the government could print lots/change currency etc

b. Supply chains will fail as very few people will be willing to accept payment in dollars.

c. The collapsed dollar makes imports very expensive and exports very cheap (but good luck exporting when the supply chain breaks down after the dollar fails)

d. Rising import costs will likely lead to hyperinflation

e.There will be shortages of goods including basics such as food and oil. People will go hungry.

f. The IMF steps in to bail USA out...

OR
_______________________________________...

f. People COULD revolt. If public service workers are not sure of pay they could go on strike/quit. This would mean no/limited education/healthcare/defense/law&order etc.

g. Anarchy and the re-emergence of a new state/set of states?

_______________________________________...

a. Yes there would be a depression if the USA was not helped out (in practise this is a near impossible scenario to imagine - as is the USA defaulting to be honest!)

b. It could take 5-10 years given the first f. It could take ages if a new state emerged.

c. It will not happen or if it does happen it will be completely unpredicted.

I'm scared, will America collapse? :(?

At some point, the USA probably will collapse. I mean, it has to happen. The question is when.

The USA cannot continue to over-spend, and continue to go into debt. There has to be a breaking point.

Some people are trying to prevent this from happening. But they are losing the battle. And now they will face the unintended consequences in the next election as the nation (who mostly does not understand what is at stake here) decides to vote against Republicans.

TRENDING NEWS