Canada had this problem with Quebec until it was made abundantly clear to the morons running the QC separatist movement that they can leave, but they can’t take the dollar with them.
Once the people pushing this nonsense realize it will completely cripple their economy, they’ll stop being stupid, at least in this particular regard.
Starting a new currency from scratch is exceptionally difficult and I doubt, with the debts that texas has, that it will be even remotely fungible to pay off their owing surplusses and create a functioning economy.
Just because texas doesn’t have ridiculous tax laws on the rich doesn’t mean that those tax laws will remain the same once papa government comes calling with the enforcers threatening imprisonment or death for not funding them.
Governments require money to run and texas does not currently have the freedom from financial liability to just go ‘we’re gonna go our own way’, regardless how much they pretend.
There’s no world in which a part of an internationally recognized country just outs and picks up their trade agreements, business agreements, and government continuity without fulfilling their former financial obligations.
I actually can’t believe how unbelievably uneducated these people in power are that they think it’s going to be smooth sailing leaving the republic. Even assuming the president and congress ok’s it, you need to literally create all the fundamental requirements for a ‘country’ from scratch again and prove stability before anyone will conduct business with you and, spoiler alert, breaking away from a country with 11 carrier strike groups is the epitome of stupidity and objectively does not show stability.
Also, being part of a democratically elected government means you can’t make a decision like this without a vote (See brexit and the hilarious ramifications of that for a near 1:1 example of what happens when you fuck around with this type of decision and the only reason the UK didn’t completely collapse immediately is because they didn’t actually adopt the euro and the pound has [had] it’s own economic power)
Not only that but they’ll lose a ton of industry that they’ve gained over the last few years. A bunch of tech stuff has gone down there and will probably move out now regardless because the environment is so unstable. There will definitely be financial consequences, but if they actually seceeded, let’s see, would a giant tech company want to operate there where there will probably be sanctions or in the US with one of the largest economies in the world. Hmmmm.
Canada had this problem with Quebec until it was made abundantly clear to the morons running the QC separatist movement that they can leave, but they can’t take the dollar with them.
Once the people pushing this nonsense realize it will completely cripple their economy, they’ll stop being stupid, at least in this particular regard.
Starting a new currency from scratch is exceptionally difficult and I doubt, with the debts that texas has, that it will be even remotely fungible to pay off their owing surplusses and create a functioning economy.
Just because texas doesn’t have ridiculous tax laws on the rich doesn’t mean that those tax laws will remain the same once papa government comes calling with the enforcers threatening imprisonment or death for not funding them.
Governments require money to run and texas does not currently have the freedom from financial liability to just go ‘we’re gonna go our own way’, regardless how much they pretend.
There’s no world in which a part of an internationally recognized country just outs and picks up their trade agreements, business agreements, and government continuity without fulfilling their former financial obligations.
I actually can’t believe how unbelievably uneducated these people in power are that they think it’s going to be smooth sailing leaving the republic. Even assuming the president and congress ok’s it, you need to literally create all the fundamental requirements for a ‘country’ from scratch again and prove stability before anyone will conduct business with you and, spoiler alert, breaking away from a country with 11 carrier strike groups is the epitome of stupidity and objectively does not show stability.
Also, being part of a democratically elected government means you can’t make a decision like this without a vote (See brexit and the hilarious ramifications of that for a near 1:1 example of what happens when you fuck around with this type of decision and the only reason the UK didn’t completely collapse immediately is because they didn’t actually adopt the euro and the pound has [had] it’s own economic power)
When you rely on a bunch of idiots to vote for you, you start acting in ways to keep the idiots voting.
Not only that but they’ll lose a ton of industry that they’ve gained over the last few years. A bunch of tech stuff has gone down there and will probably move out now regardless because the environment is so unstable. There will definitely be financial consequences, but if they actually seceeded, let’s see, would a giant tech company want to operate there where there will probably be sanctions or in the US with one of the largest economies in the world. Hmmmm.