This is something I've been thinking about for a little while. For this debate, I'm going to ask that we please set aside our feelings about if the war was right or not and focus objectively on the question at hand.
In a speech officialy claimed to be from Osama Bin Laden himself, he stated that his organization had used the same strageties of guerilla warfare and insurgents to slowly bring down the Soviet Union and that he is doing the same thing to America.
I'll post more information to bolster my argument later. Please take this and run with it.

No, we control 50% of the worlds wealth. We cannot be bankrupted over something as small as the Iraq War. A world war where our own country is damaged maybe but not this. Our economic power is still in tact because our infrastructure is intact.

I think your'e partly right.

The US has been slowly going bankrupt for over 3 decades now. Most of the economy has been hollowed out by the Japanese, Chinese, Mexicans and even Europeans. It may suprise a lot of people, but Germany, France, Britain and even Spain and Italy now own large chunks of the American economy.

Ronald Reagan got the US into big debt with the FRB during the 80's, and so did Bush senior. Clinton stopped (for a while) the mushrooming of foreign trade deficit and debt bubble, however, Bush jnr has wiped all that out and has made the US the largest debtor on the planet.

The Iraqi war is another burden, which you quite rightly pointed out is what the 'insurgents' know and will use to weaken the US. All in all I think it's a combination of things which are bankrupting the US, and the Iraqi war is one of them.

It seems as though we may be in very much the same situation that the Soviet Union is in. Al-Quiada alone did not bankrupt the Soviet Union, it was the Cold War and a combination of factors includign Al-Quiada giving them a bloody nose.
I still think that it's a bit of a remote possibility but lets not forget that the American Colonies were capable of stemming off the British Empire, albeit once we were backed by the French.

The World Trade Center tower was an economic target. The 911 attacks did hurt the economy.

Right now I am more concerned about what these hurricanes are doing to gas prices than I am about the Iraq war. When gas prices go up, you will see an increase in the prices of goods and services.

I've got news for you, Iron: There's this little thing called the national debt. I think we're already there. Not to mention the American pasttime has moved from baseball to rampant consumerism while spending money they don't have. That's just irresponsible. Check out the credit card debt for the average American. Perhaps our country would be better off if we quit pointing fingers at the government and led by example and started living within our means. Technically speaking, we're not wealthy; most of what we own belongs defacto to the credit card companies we owe...

Hahaha! I point and laugh at you all while I live within my means!

I should point out that the Dollar is fiat money. We used to have real silver coins and the paper dollars were silver certificates. Today it is fiat money. The federal reserve just prints paper dollars.

Do a websearch if you want more details. I think the system is run on debt. The economy runs on consumerism and debt. I suppose it could go crashing down someday, but I think it will be a hundred years into the future.

like the good old guilder was based on the gold price, you mean? The guilder was an incredible hard currenty since the total amount of money in circulation was equal to the gold the country had stockpiled under the national bank. No more was pressed also until the gold price allowed it.

anyway, i think the US econemy might crash sooner then we think. Other countrys are beginning to get pissed off with the weak dollar as it hurts THEIR econnemy. Word was even up to switch to oil prices from dollar to euro.

Yet if our country would get out of the war somehow and get off of oil and start integrating alternative energy sources we could gain economic independence.
It seems as though those in power want the worst to happen.

Or if we'd stop pumping our money into rebuilding things over and over again while insurgents keep blowing them up, and start selling oil from Iraqi wells to pay for the war costs...

Granted, most of that money goes back into American hands anyway (Halliburton and the other U.S. contractors getting fatter from the war while the country's deficit skyrockets) but c'mon, let's be reasonable about this.

Exactly