Interest in his forecast revived this fall when he published an article in Izvestia, one of Russia's biggest national dailies. In it, he reiterated his theory, called U.S. foreign debt "a pyramid scheme," and predicted China and Russia would usurp Washington's role as a global financial regulator.

Americans hope President-elect Barack Obama "can work miracles," he wrote. "But when spring comes, it will be clear that there are no miracles."

People like him have forecast similar cataclysms before, he says, and been right. He cites French political scientist Emmanuel Todd. Mr. Todd is famous for having rightly forecast the demise of the Soviet Union -- 15 years beforehand. "When he forecast the collapse of the Soviet Union in 1976, people laughed at him," says Prof. Panarin.

Let's hope he's crazy.

First, I think he's somewhat crazy.

Second, if it did happen I think his lines are all wrong.

Third, Red Dawn pop into anyone's mind, or is it just me?

That guy has to be joking

lol
Forgot about that movie...
Yeah, I think he's feeding off of the Russian Pride to sell books. I think they are an eager audience now that our economy is struggling after Reagan neutered them during the cold war.
I'm still concerned about China owning our economy though.