If the US vanished: relief or catastrophe?

A vanished US would erase 50% of 1945 global GDP, an $80K per capita income, and relentless inflation exports. A complex debate ensues.

English · Original discussion in Spanish · Published

If the US vanished: champagne or the economic bill

Would anyone shed a tear if the United States disappeared from the map? The question seems like a dinner party game, but in economic analysis, it is a thought experiment with very serious consequences. The answer, based on data and crossed arguments, is far from unequivocal: some would toast that night, while others would scream in terror at the power vacuum.

The empire that evokes pity and the engine that frightens to lose

Those who defend the continuity of the current order recall that at the end of World War II, the US accounted for 50% of the global economy. This influence translated into the global payments system, the dollar, and the greatest technological and biomedical development of the last half-century. The argument repeats itself: a country with slightly more than 300 million inhabitants has reached a GDP per capita close to $80,000, a figure no other major state has achieved on such a scale.

On the other side, the list of grievances is long. Interventionism, dictators installed and removed, wars, and inflation exported to the rest of the world for half a century. The diagnosis is direct: the same system that produces cancer cures is the one that sells the disease. As one of the most repeated analogies states, the US empire resembles the British Empire: neither would evoke pity upon disappearing, except for the bill they leave behind.

The power vacuum and the Serengeti pond

Another current focuses on what would happen next. If the framework that has guaranteed the balance of forces disappears, who replaces it? Russia, China, a directionless European Union. The antiestéticar of moving from a hegemony with a democratic mask to one without a mask is no less. The analogy of the drying Serengeti pond explains the discomfort well: for decades, there was enough for everyone, but the water is evaporating, and now it is time to distribute misery instead of prosperity.

Imported talent and the first stone of the empire

Another axis of the analysis downplays American exceptionalism. It is recalled that much of the great scientific milestones of the 20th century were built on European brains: rockets, the atomic bomb, and even the first jet aircraft, which many place in the German Junkers. The merit would lie in having attracted that talent and in geographic isolation, rather than in genuine genius. For critics, the empire tells its history halfway.

Greenland, Canada, and the echo of other eras

The component of political current events is not left out. The Trump administration's aspirations regarding Greenland and Canada, as well as the rhetoric of annexation, invite uncomfortable comparisons with the 1930s. Some see in the White House a parallel with that Austrian painter; others deny it with the same firmness. And on the conspiratorial extreme, the possibility of a simulated attack against the president to justify retaliation against Iran is mentioned. Unproven, of course, but the climate is heating up.

Firing the empire: champagne or securitization

The practical conclusion is that the outcome does not depend on nostalgia. If the US is the problem, its disappearance would relieve many. If it is the engine that has financed Western prosperity, its fall would be a cataclysm. The final irony: those who think to toast with luxury champagne are the same ones who call the entire system 'the cancer of the planet.' But, as a dry counterpoint, they are also those who benefit daily from the technology and medications that come from that same laboratory. The farewell party would likely be served with a bill no one wants to pay.

Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (301 replies).

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