Interstate tourism may end if every US state becomes its own country.

Interstate tourism may end if every US state becomes its own country.
What If the USA Broke Up - YouTube https://www.youtube.com/watch?v=1D3ZvBqPg6I

Without being political, it might be similar to how continental Europe works. For those who don't know, many countries have adopted the Euro and there is an agreement that most people can travel/work freely within the Schengen Area ( https://en.wikipedia.org/wiki/Schengen_Area ). However during Covid various countries introduced their own restrictions. ( https://www.oresunddirekt.se/en/find-a-job-in-denmark/commute-from-sweden-to-denmark/border-control-when-entering-sweden )

Quote: charliepatrick

However during Covid various countries introduced their own restrictions.
link to original post

As did many US states.

A USA breakup when, not if, it happens will hopefully be like the velvet divorce of Czechoslovakia. Sort of "we don't hate each other but it is time we each go our own way" kind of deal. I would not see any closed borders. CA already has travel bans to states that they do not like, but they let anyone come in. Any breakup would be followed by regions uniting with various levels of local control. For example, the sparsely populated western states might have lots of local control while the coastal western states could fall to extreme control dominated by CA. Think of a map of the old Baby Bells.

Quote: AZDuffman

A USA breakup when, not if, it happens will hopefully be like the velvet divorce of Czechoslovakia. Sort of "we don't hate each other but it is time we each go our own way" kind of deal. I would not see any closed borders. CA already has travel bans to states that they do not like, but they let anyone come in. Any breakup would be followed by regions uniting with various levels of local control. For example, the sparsely populated western states might have lots of local control while the coastal western states could fall to extreme control dominated by CA. Think of a map of the old Baby Bells.
link to original post

Disingenuous post. You KNOW California has no ‘travel bans’. California may forbid use of tax money to fund travel to certain states, but NO ONE is banned from traveling to ANY other state. Even ask their governor! (End of comment as approaching banned speech here at WoV)

Quote: charliepatrick

Without being political, it might be similar to how continental Europe works. For those who don't know, many countries have adopted the Euro and there is an agreement that most people can travel/work freely within the Schengen Area ( https://en.wikipedia.org/wiki/Schengen_Area ). However during Covid various countries introduced their own restrictions. ( https://www.oresunddirekt.se/en/find-a-job-in-denmark/commute-from-sweden-to-denmark/border-control-when-entering-sweden )
link to original post

When the European Union was formed, their monetary system put in place the "Euro." At that time, I am not sure of their initial rollout, it was worth approximately $1.75 U.S. Today the Euro is worth somewhere south of $1.10 U.S. What does that say about the overall economy of the EU, and what are the prospects of increasing the Euro's value?

tuttigym

The Euro hit $1.00 the other day, and could go lower. Canada did that once and businesses started moving to Canada, but when the Canadian dollar lost value and went above parity, businesses started leaving Canada again. The US dollar is getting stronger against most currencies right now, but the financial peril everybody is in could trigger some sharp currency moves, like Japan losing value, and China drowning in bank runs.

Now if the USA breaks up, don't expect there to be a United States dollar, because we'll have defaulted on the US Debt and breaking up the country in 50 ways to leave your national debt behind will leave everybody to use bitcoin or some such.

In other news, Mississippi is considering deploying pregnancy sniffing dogs at the airports. It won't be long before they put checkpoints on every state border road.
****************
I'm watching Zombie Strippers! (Special Edition) (2008) on Tubi TV and the crawl across the top says the Canadian Dollar triples US Dollar. I'm only 98 seconds in so I'm not sure if that means the US dollar fell to $3 USD/1$ CAN. It says gas rose to $23/gallon in 2012 and made oil companies record quarterly earnings of $989 trillion dollars. Dubya was elected to a fourth term as president and he dissolved Congress because it was cramping his style. US Armed Forces dropped to world's 87th largest, and a constitutional amendment to ban public nudity was passed.

^ The objective was to draw parallels between countries/states sharing a currency and catering for the freedom of movement between them. One other problem with a single currency is the inflexibility it offers; sometimes different countries need different strategies but there's only one common interest rate they can alter.

As it happens the Euro touched sub $1 last week but is now slightly over $1; this may be because of the Dollar, since the Pound has also risen about 2c since last Thursday. (I'm guessing it's all about interest rates, as they've all been put up by various amounts recently.)

Global warming is getting out of hand in 100 degree Britain.
All flights cancelled at RAF Brize Norton - the UK’s largest Royal Air Force base - because the runway has melted - SKY

I'm trying to keep up on the power outages in Texas because of the heat, but they keep running out of power to tell us.
Power flickers as Texas meteorologist says heat wave may cause outages - The Washington Post https://www.washingtonpost.com/nation/2022/07/15/texas-meteorologist-lights-heat-wave/

If all the states breakup, there will be no national weather service, so states can go on warring with each other about acid rain.

Quote: ChumpChange

Global warming is getting out of hand in 100 degree Britain.
All flights cancelled at RAF Brize Norton - the UK’s largest Royal Air Force base - because the runway has melted - SKY

Those Brits need to toughen up some. A few years ago it was over 110 degrees in Las Vegas for over 30 straight days.

Quote: ChumpChange

Global warming is getting out of hand in 100 degree Britain.

If we could just get China and India to dial back their carbon footprint and reduce their human flatulence to USA levels, "warming" would be under control.

tuttigym

Quote: tuttigym

Quote: charliepatrick

Without being political, it might be similar to how continental Europe works. For those who don't know, many countries have adopted the Euro and there is an agreement that most people can travel/work freely within the Schengen Area ( https://en.wikipedia.org/wiki/Schengen_Area ). However during Covid various countries introduced their own restrictions. ( https://www.oresunddirekt.se/en/find-a-job-in-denmark/commute-from-sweden-to-denmark/border-control-when-entering-sweden )
link to original post

When the European Union was formed, their monetary system put in place the "Euro." At that time, I am not sure of their initial rollout, it was worth approximately $1.75 U.S. Today the Euro is worth somewhere south of $1.10 U.S. What does that say about the overall economy of the EU, and what are the prospects of increasing the Euro's value?

tuttigym
link to original post

$1.75? It opened at $1.19 vs USD. It hit $1.60 in 2008 when the USD was on its back.

USD will keep going up as the Fed raises rates, the classic way for a currency to rise.

Quote: AZDuffman

USD will keep going up as the Fed raises rates, the classic way for a currency to rise.

I don't agree because other countries will start raising their rates too to balance it out.

Quote: DRich

Quote: AZDuffman

USD will keep going up as the Fed raises rates, the classic way for a currency to rise.

I don't agree because other countries will start raising their rates too to balance it out.
link to original post

Maybe, maybe not. These days lots of countries prefer a weak currency. If they are already in a recession they may not want to do so. All depends on the central banks.