Ahmadinejad: Debt Crisis Means U.S. Downfall

Ahmadinejad: Debt Crisis Means U.S. Downfall

Russia is not the only country convinced that the U.S.’s debt crisis will ultimately cripple its status as a world power.  Now, Iranian President Mahmoud Ahmadinejad is predicting the downfall of the “U.S. Empire,” the Jerusalem Post reports.

“How long can a government with a $16 trillion foreign debt remain a world power?” asked Ahmadinejad at a press conference in Kuwait.  “The Americans have injected their paper wealth into the world economy and today the aftermaths and negative effects of their pseudo-wealth have plagued them.”

Ahmadinejad’s anti-Semitic rhetoric and his threats to wipe out the Israeli state are the ravings of a madman.  But his assessment of the current U.S. economic situation is perhaps more accurate than we would care to admit.  An ailing U.S. economy and a terrible debt situation means not only trouble domestically, it means a staggering loss in our ability to influence world affairs.  And in this increasingly dangerous world, that is not a good thing.  Getting our debt under control is not just sound fiscal policy.  It is an action vital to our national security.

Full article is available at the Jerusalem Post.

No comments yet.

Leave a Reply