How credible are we to take this piece? (attached below) Not very, methinks. Panarin, for example, did not notice apparently, that Russia -Soviet Russia - went through a collapse without the kind of dismemberment that he forecasts for the US. In fact, I cannot perceive of how any of this could happen without an extended period of anarchy followed up by some sort of peace-making/keeping attempt by those who are the creditor nations to the old USA. I think it more likely that many states will simply secede from the Union and try to carry on alone. One can note that right now many have legislation or are considering legislation for a return to commodity money (silver at least) for use within their political boundaries. Note that the old Soviet Union ONLY lost its ethnic border countries,,,,and those countries went to the ethnic populations who began to govern themselves. Furthermore I do not see Washington relinquishing control over any of its territories regardless of the collapse of confidence in it by their citizens - without some severe and draconian over kill and probably civil war...

For example, it is ludicrous that a 32 M people country like Canada would get a lions share of the northern area. It would not be the creditor nation that China is at present. But heck, this is an interesting speculation.

But we should note that this fellow acknowledges Sinclair's countdown as pretty firm....The grief for the US (and perhaps a spillover into Canada) commences in early November. It will be tied to the USD. As hardly anyone watches this, it will be a missed significant event. But they won't miss the pain which will increase by the day - right along with the growing disillusionment with their government....We are reminded that confidence in the dollar (or any currency) depends on a people's (in the US case ALL people) confidence in a government to be responsible. Martin Armstrong will likely be proven correct in this. All part of a paper reality which is another way of saying a confidence scheme is all that holds any of this together..

All paper will begin to burn in earnest - or more visibly, at least, in November. The latest Chinese announcement about defaulting on their OTC derivatives in the US is simply part of this process. And the affects of this and similar defaults rippling all through the markets will continue to burn everyones future.

FWIW,

Paul Joseph Watson
Prison Planet.com
Tuesday, September 1, 2009

Russian Professor Igor Panarin says that events are continuing to confirm his doomsday prediction first made over 10 years ago, that the United States will completely collapse like the Soviet Union before the end of 2010, and warns that the chaos could begin to unfold in as little as two months.

Panarin, doctor of political sciences and professor of the Russian Diplomatic Academy Ministry of Foreign Affairs, told journalists during the unveiling of his new book yesterday that President Obama has done nothing to forestall the fast approaching crisis and that it could begin to properly unfold in November.

“Obama is “the president of hope”, but in a year there won’t be any hope,” said Panarin. “He’s practically another Gorbachev – he likes to talk but hasn’t really managed to do anything. Gorbachev at least had been a secretary of a regional communist party administration, whereas Obama was just a social worker. His mentality is totally different. He’s a nice person and talks nicely – but he’s not a leader and will take America to a crash. When Americans understand that – it will be like a bomb explosion.”

Since 1998, Panarin has been warning of a future disintegration of the United States and the collapse of the dollar. The recent election victory for Japan’s Democratic Party is another sign that the economic collapse of the U.S. is imminent, according to Panarin.

“Today I received another confirmation that the collapse of the dollar and the US is inevitable. Japan’s Democratic Party won the election, and I’d like to remind you that its leader [Yukio Hatoyama] has the snubbing of the dollar among his economic plans. In plainer words, he plans to transfer Japan’s monetary reserves from US dollars into another currency. The move will seriously accelerate the dollar’s exchange slump as early as this November. Disintegration will follow shortly,” he said, adding that next year China would also begin to massively dump the dollar and that Russia would begin to sell oil and gas for roubles.

Panarin previously stated that the dollar would eventually be replaced with “a common Amero currency as a new monetary unit”, referring to the Security and Prosperity Partnership agreement between the U.S., Canada and Mexico.

He foresees the U.S. breaking up into six different parts, roughly along lines similar to those of 1865 during the Civil War, “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,” according to Panarin.

Longer term, Panarin predicts that the breakaway states will eventually be taken over by the European Union, Canada, China, Mexico, Japan and Russia and America will cease to exist altogether, as depicted in the illustration above.

Panarin blames the collapse on a “political elite that implements an absurd and aggressive policy that aims to create conflicts around the planet” and warns that increasing firearms sales in the U.S. are a sign that people are preparing for “chaos” in the aftermath of a total financial meltdown.

“In my opinion, the probability of the US ceasing to exist by June, 2010 exceeds 50%. At this point, the mission of all major international powers is to prevent chaos in the US,” Panarin concluded.

Watch a clip from Russia Today below.