Financial Crisis Could Increase Risk of Terror
November 16, 2008 by national
Filed under Homeland Security News
US intelligence officials are concerned the current financial crisis could weaken pro-Western governments around the world and diminish the US government’s ability to respond to new security threats, The Washington Post reported Saturday.
Citing unnamed US government officials and private analysts, the newspaper said the economic downturn has increased the risk of a terrorist attack in the short term as radical groups look for new gaps in defenses.
Meanwhile, intelligence experts believe that a protracted crisis could threaten the very survival of friendly governments in Pakistan and the Middle East because Western nations will be forced to cut spending on defense, intelligence, and foreign aid, the report said.
The paper said the crisis could also accelerate the shift to a more Asia-centric globe as China and other Asian nations gain more influence in international financial institutions.
Experts are particularly worried about Pakistan, which since September has seen its national currency devalued and its hard-currency reserves nearly wiped out, The Post said.
ALL AMERICAN CITIZENS PLEASE STAND UP AND JOIN HANDS TOGETHER NOW Yes, our country may in a financial crisis, whether it be our citizens, business, AND goverment/military BUT ALL OF THE ABOVE we must all work TOGETHER, not just our govt/military alone, to protect ourselves. We CANNOT allow Al Queda to attack our country a THIRD TIME!! MONEY OR NO MONEY, EVERY CITIZEN IN THIS COUNTRY WORKING TOGETHER WE CAN ALL DEFEND/PROTECT OUR COUNTRY FROM THESE DEMONS. Third time WILL NOT and CANNOT be a charm for these demons!! GOD BLESS THE USA
The deleveraging of the financial system and the flight to liquidity underscores the need for leadership and confidence in our great country and its financial system, currently in arrest. Nothing can be more terrifying than our own citizens taking it upon themselves to make matters worse.
If a county cannot help the poor, the country cannot protect the rich.