The U.S. has avoided the fiscal cliff – for now. Next to tackle is the deficit ceiling and nay-sayers (or are they realists?) are saying that this is just the beginning. So, is there an answer to all of this? Recently I heard a possible suggestion for a solution. I will admit that at first glance, it’s not a realistic answer, but deep down, there might be something to this suggestion. Here goes.
What about having the federal government of the U.S. declaring bankruptcy? Are y’all done laughing now? I’m serious. This would mean that each state breaks off and becomes its own nation. Each newly-formed nation can join into a new ‘joined’ nation if desired, (maybe leaving out California and some other former-states that wanted to secede anyway – good riddance!), free of the current national debt. Think about it. What would happen next? Would China, Russia, or some other ‘buyer’ come a-knockin’ at the door, wanting to buy one or more of these newly-formed nations? Would this create wars, fighting to stay independent? Can it be any worse than what exists now?
What do you think? I’ve heard of crazier ideas – like the one that says that Aspartame is bad for you. Really? I and my Diet Coke don’t think so. Cheers!