Seeing the US from outside, some of us think that it's going to be a neck-and-neck race between a another US Civil War or a big US peer-to-peer International War that happens first.
Seeing the US from outside, some of us think that it's going to be a neck-and-neck race between a another US Civil War or a big US peer-to-peer International War that happens first.
The Greek debt crisis happened because those southern countries joined the euro without centralizing country debts up to EU. Greece still had it's debt yet could no longer service it by printing it's own currency. At inception, USA federal took over State debts.
Nebraska is a red State and has about $1000 State debt per resident. Not likely to go bankrupt before blue Illinois.
https://www.270towin.com/maps/blue-red-states-2000-thru-2012
https://worldpopulationreview.com/state-rankings/debt-by-sta...
Illinois loses a net of $4.7k/year/person to federal transfers[1]. Get rid of that and they could pay off their full debt in a few years.
[1] https://worldpopulationreview.com/state-rankings/donor-state...
It may not ever happen, but I think it addresses your first concern since, as you mentioned, the divide is urban vs rural which is a good proxy for city boundaries.
What I don't understand is the economic implication of such a split. Is there a way to keep the economic stability of the country while having more cultural freedom?
I suppose one of the problems with this sort of split is that some cities can leverage agriculture, heavy industry, business activity, or tourism; but some cities probably exists that don't have any means to generating income beyond taxing citizens.
Either states decide they are going to leave, and people decide not to stop them, or congress decides that "this isn't going to work" and each state has a vote more or less on which "side" they will land on.
If you think that is crazy, remember the USSR split up much like this (more or less).
Sure there is fighting these days but the split happened with less of a civil war than you would have expected.
Also it works for the politicians. Say Democrats win the next election. By offering the split, the losing side still gains power, there is still an ideological enemy they can point at, without the need for a war.
There is no requirement for a war in the case of a split, and honestly, it is very unlikely there would be one, since neither side gains anything out of having one.
If anything it may avoid a civil war.
I suspect a serious political divorce in the US, and the bad blood engendered, would inevitably lead to a similar outcome.
Also Transnistria.