As of 2014, Texas's per capita GDP in current dollars was about US$61,200, which would make it one of the top 10 wealthiest nations on the planet, equal to Australia. Most of this top 10 is made up of very small and geopolitically irrelevant nations (Liechtenstein, Qatar, Luxembourg, Bermuda, Norway, and Switzerland), meaning that it would be Texas and Australia as the two wealthiest among the serious players.
An independent Texas would have the highest per capita GDP in the newly reconstituted G7. For perspective, Texas's per capita GDP is 12% higher than the rest of the USA's, 22% larger than Canada's, 28% larger than Germany's, 32% larger than the U.K.'s, 43% larger than France's, 72% larger than Japan's, and 77% larger than Italy's.
Texas is already home to a massive manufacturing sector, especially in advanced technologies such as energy extraction and the defense industries. There would be little transition time needed for it to begin building its own military. If Texas spent just 5% of its GDP on defense, it would have the world's third largest military expenditures, bringing it into a tie with Russia and behind only the rest of the USA and China. Of course, Texas also has the technological know-how, manufacturing capacity, and access to fissile materials required to develop and deploy its own nuclear weapons.
Texas has deepwater ports for a blue-water navy if it chose that route, as well as for global exports. Vast fossil fuel and renewable energy reserves are located on Texas territory, ensuring energy independence and prosperity in perpetuity.
Read more: http://www.americanthinker.com/blog/2016/04/texas_could_secede_and_succeed.html#ixzz46TSouEzO
Follow us: @AmericanThinker on Twitter | AmericanThinker on Facebook