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A quick note before this one starts: I know it's probably unlikely (though there's at least one good TL on the subject), but it just tickled my fancy
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So Raoul de la Vega was on TV again, talking about building a wall to stop the 'Anglos' from getting into Mexican California if he's ever elected.
This made me think: as we all know, back before the US broke up, after the short-lived annexation of Texas began, they tried invading Mexico for territories north of the Rio Grande. They lost, of course, which many have argued precipitated or at least hastened the round of civil conflicts that ultimately tore the United States apart.
My question is: how different do we think things would have been if America had won? Would the US still exist as a single nation, or would a break-up of some kind be inevitable? Would Texas have become independent again, as it did OTL? And what would Mexico look like today? Plus what about the rest of the world?