Iran: How long can debt-laden US remain world power?

October 19, 2012

Originator article: Jerusalem Post

 

The Jerusalem Post reports: “Iranian President Mahmoud Ahmadinejad predicted the impending downfall of the ‘US empire,’ blaming the collapse on a combination of the country's massive debt and its loss of legitimacy within the international community, Iran's official news agency IRNA reported Thursday.
‘How long can a government with a $16 trillion foreign debt remain a world power?’ he asked at a press conference with Kuwaiti media personnel. ‘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.’
He added: ‘An empire, or a government, remains in power so long as the people under its power support it, but today the Americans have acted in a way that the world nations do not like them at all, and therefore, their international legitimacy is annihilated.’
Ahmadinejad also predicted that the West would soon drop their alliance with the ‘Zionist regime,’ saying that Westerners and US politicians are increasingly ‘at a loss’ as to why Israel exists…”