Did 'financial terrorism' cause the economic crash?

A government report suggests that "outside forces" may have triggered the 2008 economic meltdown. So... it wasn't our fault after all?

Representatives from Lehman Brothers (left) and other firms testify before the Financial Crisis Inquiry Commission.
(Image credit: Getty)

It turns out that the devastating 2008 financial collapse wasn't caused by our over-leveraged borrowing and ballooning real estate prices, but rather "financial terrorism" from "outside sources," at least according to a newly uncovered 2009 report commissioned by the U.S. Defense Department. Financial analyst Kevin Freeman, the Pentagon contractor who wrote the report, claims that coordinated financial attacks on the U.S. from unknown "financial enemies" turned a normal downturn into an economic catastrophe that drained $50 trillion from the global economy. Could that really be true?

Yes, and we still face an economic 9/11: The financial attacks we've suffered are "the equivalent of box cutters on an airplane," Freeman tells The Washington Times. But the likely perpetrators, "radical jihadists and the Chinese," aren't finished yet. A massive, dollar-destroying sell-off of U.S. government bonds "is the 'end game' if the goal is to destroy America," and our nation remains woefully unprepared.

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