Do Deficits Matter?

What could be the result of the United States not getting its fiscal house in order? PushBack provides a possible scenario.

One of the surprises in the book reviews and media interviews has been the concentration on the story setup where the United States Union dissolves as a result of an economic crisis. Only a few paragraphs in the first chapter deal with the collapse and the reasons for the collapse of the United States government, yet  reader and media attention is focused on that aspect of the book.

One interview question has been how a nation as powerful and rich as the United States could collapse so suddenly? I had looked at historical precedence when writing the story to convince myself that such a scenario would be possible. World history is replete with the rise and fall of dominating empires. Some fade slowly, some suddenly. The German and Japanese empires faded rapidly due to being on the losing end of a war, while the English empire, a war winner, also collapsed over a short period of time. The mighty USSR collapsed suddenly over the period of a few months. Power and wealth are one way equivalents. Nations cannot have power without wealth. When the United States has to borrow money from foreigners to finance its government and maintain its standard of living, it exchanges its strength for the use of foreigner’s wealth. It is a prescription for the loss of power and potential collapse.