On 24 November 2008, Professor Igor Panarin, in an interview with Izvestia, said that the USA is heading for collapse, and will break up. (Russian analyst predicts decline and breakup of U.S. )
Panarin, 60, is a professor at the Diplomatic Academy of the Russian Ministry of Foreign Affairs, and has written books on information warfare.
Professor Igor Panarin said:
A. "The dollar is not secured by anything.
"The country's foreign debt has grown like an avalanche, even though in the early 1980s there was no debt.
"By 1998, when I first made my prediction, it had exceeded $2 trillion.
"Now it is more than 11 trillion.
B. "This is a pyramid that can only collapse...
"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."
When asked who would replace the U.S. in regulating world markets, he said:
"Two countries could assume this role: China, with its vast reserves, and Russia, which could play the role of a regulator in Eurasia."
"A whole range of reasons.
"Firstly, the financial problems in the U.S. will get worse.
"Millions of citizens there have lost their savings.
"Prices and unemployment are on the rise.
"General Motors and Ford are on the verge of collapse, and this means that whole cities will be left without work.
"Governors are already insistently demanding money from the federal center.
"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."
He also mentioned the "vulnerable political setup",
"lack of unified national laws",
and "divisions among the elite, which have become clear in these crisis conditions."
Map from: American Civil War - Wikipedia, the free encyclopedia
D. He predicted that the U.S. will break up into six parts
1. the Pacific coast, with its growing Chinese population;
2. the South, with its Hispanics;
3. Texas, where independence movements are on the rise;
4. the Atlantic coast, with its distinct and separate mentality;
5. five of the poorer central states with their large Native American populations;
6. and the northern states, where the influence from Canada is strong.
E. On the fate of the U.S. dollar, he said:
"In 2006 a secret agreement was reached between Canada, Mexico and the U.S. on a common Amero currency as a new monetary unit.
"This could signal preparations to replace the dollar.
"The one-hundred dollar bills that have flooded the world could be simply frozen. Under the pretext, let's say, that terrorists are forging them and they need to be checked."