This podcast episode explores the concept of secession and the formation of independent states within the United States. It discusses the potential configurations of autonomous regions and the economic basis for their sustainability. The episode also examines the process of establishing a military for these new countries and the financial considerations involved. Additionally, it delves into the role of sovereign debt and the control of resources in conflict-ridden regions. The podcast highlights the importance of trust, delegation mechanisms, and the dynamics of power imbalance in these scenarios. It also considers historical analogies and the possibility of recreating a single market in a post-Civil War America.
