In the wake of Texas Governor Greg Abbott’s latest declaration, emphasizing Texas’ inherent constitutional right to defend itself and pointing to the Biden administration’s lack of enforcement of federal immigration statutes, the rhetoric around a potential “national divorce” or “civil war” has gained momentum on social platforms. This leads us to explore a theoretical situation in which the United States faces a second Civil War, focusing on the ramifications for the U.S. dollar.
How a Second U.S. Civil War Could Reshape the Dollar’s Value
The discussion of a potential second Civil War has intensified following a statement from Texas Governor Greg Abbott, asserting that the federal government is neglecting its responsibilities to secure the border. “The federal government has broken the compact between the United States and the States,” Abbott explained in the letter published on Jan. 24. “The Executive Branch of the United States has a constitutional duty to en
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