The Balkanization of the U.S.

This might not be available for too long, so check it out while it's up:

http://www.drudgereport.com/flashrur.htm

Evidently Professor Igor Panarin, a top Russian analyst, is suggesting the imminent break-up of the United States, and has been doing so for over ten years. He's no kook, either. He cites the exploding deficit, the failures of major banks, and the divisions along racial and ideological lines as the impetus for the break-up.

Not that I'm some genius (well, by the numbers I am), but I've been quietly suggesting the same thing to my inner circle for about the same amount of time. I wonder how much longer fiat currency, deficit spending, inflation, and the consistent alienation and demonization of the economic majority will be allowed to persist before bullets start flying.

Hopefully there is more substance than "words" to the Obama "miracle". But I doubt it.

 

Let's see....where is the guy from again...oh...Russia:

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."

He even suggested that "we could claim Alaska - it was only granted on lease, after all."

This guy is not only a kook, he is also delusional. Russia is in deep shit themselves...but of course he wouldn't want to draw any attention to that. This is such a joke.

 
Best Response
Edmundo Braverman:
Six months ago you all would have laughed at the notion of Lehman Brothers going BK, Merrill being taken over by Bank of America, TARP, and all the other stuff that could "never happen".

But you're probably right this time. He's a kook and it could never happen, right?

lol. comparing the rather rapid implosion of the world of finance at the hand of a relatively few 1000 something investment professionals in the CDS business is somehow comparable to an unexpected 2nd civil war between the states? lol... lol...

Sure the American public is angry, but your mistaken if you think its at each other... they are angry at wall street not main street.

 

The breakup of the United States is a bit much. We once fought a Civil War in a much more fractured US to keep the country together. I doubt that a recession is going to be the impetus for the country to break up into 6 different independent nations.

There are divisions in this country, but we're way to connected. Too much movement across state borders, too many families in multiple states, and the Federal Government is too large.

It's a fun hypothetical to discuss, but nothing more than that.

 

hahaaa. Russia is completely screwed by the financial crisis and they have one of the worst governments & level of transparency. They will NEVER become the centre of the world. The Russia government will default on their debt AGAIN and probably be destoryed in a nuclear war before we'll see debt priced in RIBOR hahaaa what a pipe dream.

Twenty years and they still don't "get it" They should just stick to Vodka distilling.

 

Ab totam adipisci sit omnis provident voluptate qui. Libero porro tempore dolores libero vitae adipisci. Aut sunt quo sint ut perferendis odio. Vitae voluptatibus quia harum. Molestiae sed ea tempora quia voluptates.

Nobis in vero dolor unde velit quidem iste. Provident minus nulla modi laborum error quis in.

Modi esse sed quia velit. Nobis iure labore voluptatem velit quos expedita. Quod et ex sunt eaque fuga quisquam consequatur.

Sint veritatis consectetur vero dolorem qui. Officiis asperiores odio tempora repellendus dolor nihil repudiandae. Fugiat quis aut placeat et architecto cum voluptatem quia. Temporibus in odio molestias omnis.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”