The Coming Collapse of America

Continued from America vs The Coming Ten Horned Islamist Empire.
Plans are now being laid for the Fall of America. The world economy and, in particular, the American economy, has been targeted for attack.Osama bin Laden is reported by the BBC as saying

" God is my witness, the youth of Islam are preparing things that will fill your hearts with terror. They will target Key sectors of your economy until you stop your injustice and aggression. "

Radical Islamists are planning to engineer an economic collapse. America is already at risk for economic devastation due to both the fiscal habits of consumer's, businesses and governments and the nature of the global economy. An economic collapse in America would trigger a global depression that would open up the opportunity for the emergence of the Ten Horned Islamist Empire. All that it takes to destroy the economic balance of power is a trigger event. I believe that this trigger event will occur in the middle east after U.S. forces withdraw from Iraq.

America's Economic Achilles Heel
America's financial condition is much more dire than our apparent prosperity would indicate. America is up to her eyeballs of every manner of debt. The Public debt (government debt) from 1980 to 2005 increased by $7.5435 trillion. The GDP from the same period increased by $9.6663 trillion. Almost all of our growth is funded by money borrowed by the government that must be paid back. There was only $2.1228 trillion in real growth during this period.The debt is running out of control event faster. The deficit this year is expected to run about $600 billion

The government debt is not the only debt out of control. Consumer debt is over $2 trillion. Assuming 10% annual interest payments(credit cards currently average 14%) consumers are paying $200 billion just in interest. We are on our way to running a trade deficit of $1 trillion this year. That $3+ trillion of private non-mortgage debt to $7+ trillion of government debt. Our debt is at least $10 trillion.

. We are borrowing more money than we are making. Even our real estate market may be about to burst, with almost no equity and as many as 50% getting subprime mortgages*,* Late payments on these subprime loans have extremely high penalties. Millions of American homeowners are in danger of defaulting on these should they have an economic crisis.

Even our currency is in danger. Millions of dollars are used in global trade. The U.S. Dollar is used as the primary currency in the sale oil. over 90% of a $500 billion a year market. It is this situation that Islamists can expose to create the next global recession caused by America's economic collapse.

The Most Likely Islamist Plot to Depose America as the world leader.
As soon as U.S. forces leave from Iraq al-Qaeda and Iran will fight over who will control Iraq. My prediction is that Iran will prevail and take over Iraq. An Iran -Iraq coalition will send in insurgents to destabilize the most of rest of the Middle East. Lebanon Syria, Afghanistan and Pakistan will become part of Iran's Islamist axis. Several other Islamist or Islamist leaning nations such as Libya will join this axis. Iran's Islamist empire will control OPEC. OPEC, following Iran's lead, will demand that U.S. Dollars be refused as payments for Oil¹. $500 billion Dollars will be dumped and the dollar will decline 7% in value over night. Our inflation rate will go from about 4% to 11% overnight. America's collapse will at first feel like the stagflation of the 70's.

However, America was over all much healthier in the 70's. This time the debt overload will bring the economy down. The increased cost of living will cause many people to both spend less and be unable to pay their debts. Foreclosures and bankruptcies will increase dramatically. Businesses will earn less income because consumers will be spending less and governments will take in less in taxes . Foreclosures and bankruptcies will have a domino effect as the creditors of the creditors take action to recover debts owed to them.Trillions of wealth will be transferred in a short period of time.

As more people drop trade with America the dollar will be dumped more. More dollars for less products will spell hyperinflation along with depression. The economic situation will be so dire that the lawlessness that is already present will be out of control. The cities of America will burn to the ground. There are jihadist cells who are already anticipating this and are positioning heavily armed urban guerrillas to engage of urban warfare. They will mix in with the street thugs just like Islamist propagandists have mixed into "anti-war" internet forums. America will cease to the Number 1 superpower in the world

The rest of the world will descend into depression because America no longer buys their products nor borrows their money. Foreign investors in America will panic because of America's predicament and will seek to recover the $10 trillion of debt America owes to foreigner. Trillions of dollars in wealth will leave the country. America will be reduced to the third world existence

The Rise of the Ten Horned Islamist Empire.
Europe and Russia will not be hurting as bad as America but they will also be in a severe depression. This depression will render their societies vulnerable to becoming destablized. Islamist terror cells and fifth columnist will take over Europe and Russia(along with their satellites) and bring them into the Islamist Empire.

In just a few years, perhaps the decade 2009-2019 both the map and balance of power of the world will be transformed . An Islamist Empire will hold the balance of power in the world. They will use that power, along with their dozen of votes in the United Nations to install their Mahdi as the coming world ruler the Bible calls the man of sin but is commonly known as the anti-christ.
Next:How to Respond to this Crisis-God's call to Solemn Assembly

Sources - relevant links:
President Discusses Global War on Terror
President Bush here says of al-Qaeda's plans to cause America's economic collapse:

These violent extremists know that to realize this vision, they must first drive out the main obstacle that stands in their way -- the United States of America. According to al Qaeda, their strategy to defeat America has two parts: First, they're waging a campaign of terror across the world. They're targeting our forces abroad, hoping that the American people will grow tired of casualties and give up the fight. And they're targeting America's financial centers and economic infrastructure at home, hoping to terrorize us and cause our economy to collapse.

Bin Laden calls this his "bleed-until-bankruptcy plan." And he cited the attacks of 9/11 as evidence that such a plan can succeed. With the 9/11 attacks, Osama bin Laden says, "al Qaeda spent $500,000 on the event, while America… lost -- according to the lowest estimate -- $500 billion… Meaning that every dollar of al Qaeda defeated a million dollars" of America. Bin Laden concludes from this experience that "America is definitely a great power, with… unbelievable military strength and a vibrant economy, but all of these have been built on a very weak and hollow foundation." He went on to say, "Therefore, it is very easy to target the flimsy base and concentrate on their weak points, and even if we're able to target one-tenth of these weak points, we will be able [to] crush and destroy them."

Al Qaeda's Economic War Against The United States
Will Iran Oil Kill the U.S. Dollar
US Debt Bubble will Influence Gold Silver and the Economy
United States public debt - Wikipedia, the free encyclopedia
Household income in the United States - Wikipedia, the free encyclopedia
External debt - Wikipedia, the free encyclopedia
Intelligentguess - Analysis of Market Economics » USA - Manner in which the Deficit has been financed since 1995 ( Savings viz external debt)
Jubilee USA - Wikipedia, the free encyclopedia
List of countries by public debt - Wikipedia, the free encyclopedia
List of countries by current account balance - Wikipedia, the free encyclopedia
Results
Trade Ticker - The Web's only up-to-the-second counter for the U.S. Trade Deficit
Record U.S. Trade Deficit In 2003 - CBS News
History of the U.S. Trade Deficit
BBC NEWS | Business | US trade deficit soars to record
BBC NEWS | Business | US trade deficit reaches $63.5bn
US consumer debt reaches record levels
FOXNews.com - U.S. Consumer Credit Card Debt May Crash Economy - Blog | Blogs | Popular Blogs | Video Blogs
Money supply - Wikipedia, the free encyclopedia
International Energy Agency - Oil Market Report
OPEC Revenues Fact Sheet Energy Data, Statistics and Analysis - Oil, Gas, Electricity, Coal
frontline: secret history of the credit card: watch online | PBS
WashPost: Consumer debt grows at alarming pace - washingtonpost.com Highlights - MSNBC.com
IndexCreditCards.com Weekly Credit Card Monitor
Round Table Discussion on Economic Terrorism(PDF)