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

ByJPOST.COM STAFF
October 18, 2012 11:08




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 $16,000 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.”

Related Content
Breaking news
June 26, 2017
New immigrants will no longer have to wait to get Israeli passport

By LAHAV HARKOV