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article imageTop Russian Analyst Predicts U.S. Breakup and New North American Currency

By Barbara Sowell     Nov 26, 2008 in Politics
On Monday, a top Russian political analyst predicted that the United States is heading for collapse and will divide into six separate parts. Canada, Mexico and the U.S. will adopt the Amero currency, and China and Russia will regulate world markets.
According to RIA Novosti (Russian News and Information Agency), Professor Igor Panarin was interviewed by Izvestia and the interview was published on Monday.
If and when the U.S. breakup comes about, Panarin says that "we” (Russia) “could claim Alaska - it was only granted on lease, after all."
Panarian said that because the U.S. dollar “is not secured by anything,” and because America’s debt has “grown like an avalanche” at more than $11 trillion, this “is a pyramid that can only collapse.”
Panarin has been making this prediction since 1998. RIA Novosti reported that Panarin made these dire predictions at an international conference in Australia 10 years ago when the U.S. economy appeared to be strong.
Panarin hedged when it came to pinpointing the exact time of the “expected” U.S. economic collapse:
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."
Panarin said that China, “with its vast reserves, and Russia, “could play the role of a regulator in Eurasia."
Panarin said millions of Americans have lost their savings and because General Motors and Ford are on the verge of collapse and whole cities will be left without work. Because governors are also demanding money from the federal government, dissatisfaction is growing. Panarin continued:
"Dissatisfaction is growing, and at the moment it is only being held back by the elections and the hope that Obama can work miracles. But by spring, it will be clear that there are no miracles."
RIA Novosti also reported that Panarin points to a vulnerable political setup in the U.S., which includes "lack of unified national laws," and "divisions among the elite,” which will bring the breakup about in the very near future.
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."
According to RIA Novosti, Panarin claimed that a secret (North American Union) agreement in 2006 was reached between Canada, Mexico and the U.S. making the Amero currency the new monetary unit. This Amero will replace the dollar under the pretext that “terrorists are forging them and they need to be checked."
For a little perspective on Russia’s failing economy read Wednesday’s article, Russia and the Global Economic Crisis by Stephen Sestanovich published by the Council on Foreign Relations.
Apparently Russia’s economy isn’t doing all that well. Export earnings from energy and metals are sharply declining, corporate balance sheets are over-leveraged, there is a “chorus of bailout appeals,” bank failures, credit crunches, failing real-estate and mortgage defaults . . . and the list goes on.
More about Russian, Ria novosti, Izvestia, Professor igor panarin, Amero
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