The US (and global) economic crisis has created lots of worry — and with good reason. But I believe this is the first time a noted academic has shared such a depressing view on the nation’s future: A professor, political analyst, and author at the Russian Ministry of Foreign Affairs’ diplomatic academy yesterday opined publicly that he expects the economic crisis ultimately to do what the Great Depression, social revolutions, and a host of wars could not: crush the union.
“The dollar isn’t secured by anything,” Igor Panarin said in an interview transcribed by Russian newspaper Izvestia today. “The country’s foreign debt has grown like an avalanche; this is a pyramid, which has to collapse.”
Panarin said in the interview that the financial crisis will worsen, unemployment will rise and people will lose their savings — factors that will cause the country’s breakup.
“Dissatisfaction is growing, and it is only being held back at the moment by the elections, and the hope” that President- elect Barack Obama “can work miracles,” he said. “But when spring comes, it will be clear that there are no miracles.”
The U.S. will fracture into six parts: the Pacific coast; the South; Texas; the Atlantic coast, central states and the northern states.
“Now we will see a change to the regulatory system on a global financial scale: America will cease to be the world’s regulator,” to be replaced by China and Russia, he said.
And Fox News notes that Panarin hints that Russia has its eye on acquiring Alaska, claiming that the state was “only granted on lease, after all”. (I will skip the obvious Sarah Palin joke.) The Telegraph in the UK adds the info that the professor believes the six-part split will fall along “ethnic and cultural lines.”
Remember: This is one opinion only, this has been Panarin’s long-held theory on America’s ultimate fate, and it comes from a nation looking to supplant the US as a leading superpower. Also, for all of its faults, the US is made up of people who are resilient. So I take the prof’s opinion with a huge grain of salt. I don’t see this happening, certainly not by spring. But just in case, I have dibs on living in the section that includes Massachusetts and Connecticut.