Russian Analyst Predicts Breakup of U.S.A

A leading Russian political analyst is saying that the economic turmoil in the United States shows that the country is heading for a collapse, and he predicts that the country will divide into separate parts.

Professor Igor Panarin pointed out that “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. This is a pyramid that can only collapse.”

Panarin’s started making these predictions about 10 years ago when the economy was thought to be in good shape.  At the time no one really took him to seriously, but that is now starting to change.  With the U.S economy in such horrible shape, many mainstream news outlets, including the Drudge Report are starting to give more credence to what Panarin is saying .

So is our country one big pyramid scheme? When could things start to fall apart?

When asked when the U.S. economy would start to 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.”

He also is saying that  two countries will probably assume control of the world markets, China, with its huge reserves of money, and Russia, which could play the role of a regulator in Eurasia.