An American tank wrecked in an IED attack by Mujahideen (Afghanistan) ...

Operation Badar reports (Afghanistan) (18 - 20 November, 2011)

An American tank wrecked in an IED attack by Mujahideen

These reports have been received from Mullah Mohammad Omar's official spokesman Zabihullah Mujahid, spokesman of Islamic Emirate Qari Yousuf Ahmadi as well as some other on-ground sources in Afghanistan which include several puppet regime sources.

Read More @ http://pakistancyberforce.blogspot.com/2011/11/270-terrorist-invaders-149-puppets.html

Kunar:
• November 18: Mujahideen of the Islamic Emirate on Friday attacked the USZ terrorist invaders’ base with missiles and mortars in the province’s Narang district but no losses of life and injury have been confirmed yet.
• November 19: A report from the province of Kunar states that Mujahideen of the Islamic Emirate attacked the USZ terrorist invaders’ base in Watapur, Kunar. At least five missiles hit the base, no losses of life and injury have been determined though.
• At least five mortar rounds fired by Mujahideen hit the USZ terrorist invaders base in Narang district of the province. Reports add that as many as 16 terrorist invaders were killed in the fierce attack besides their base sustaining severe damage.
• At least 5 USZ terrorist invaders were taken out with 5 more got hurt when Mujahideen attacked their base with heavy harms leaving the facility of the base on fire on Saturday in Nari district, Kunar province.
• November 20: 2 terrorist invaders and 3 of their puppets were killed on Saturday in a clash with Mujahideen of the Islamic Emirate that occurred in Manugi district of the province.
• At least 5 USZ-led terrorist invaders were killed Saturday when their foot patrol came under Mujahideen attack in the province’s Watapur district. The fight continued for about half an hour with causing Mujahideen fighters any harms. 

Khost:
• November 19: On Saturday, a roadside bomb tore through one of the puppets’ tank leaving it wrecked and killing 6 puppets besides injuring several more in Sheikh Abad district of the province.
• As many as 7 USZ-led terrorist invaders were killed in a roadside bombing Saturday that targeted the enemy’s armored tank, blowing it to piece in Sahar Bagh area, near the capital of the province.
• At least 12 mortar rounds shot by Mujahideen of the Islamic Emirate hit the USZ terrorist invaders’ base in Musa Khel district of the province on Saturday, raising havoc in the base besides causing the enemy deadly losses and fatalities.
• In the provincial capital of Khost, province, a roadside bomb attack killed 3 puppet policemen and wounded several more on Sunday as it detonated at their vehicle.

Nangarhar:
• November 19: A dozen of the puppets were killed with their vehicle destroyed in an attack by Mujahideen of the Islamic Emirate in Chaprihar district of the province on Saturday.
• November 20: Thousands of people, most them university student took to the street in Jalalabad city, the capital of Nangarhar province Sunday to protest violently against strategic partnership with USZ terrorist invaders. The protesters, consisting of the Afghan elderly men and youngsters who know the dire long-term consequences and assess what humiliation and bad result the strategic partnership would offer in the coming time, chanted slogans against the Loya Jirga (National Assembly or grand council) and strategic partnership deal and the USZ presence in the country. Angry porters blocked off the highway between Jalalabad and Kabul, condemning and warning the supporters of supposed Loya Jirga and partnership deal to back off or they are sure to suffer the dire impending consequences of what they are about to do. Meantime, the protesting people call on all Afghans to be aware of what is going to happen in the name so-called Loya Jirga and the bad consequence it will bring about, and that they are to try to prevent the deal with whatever possible means the Afghan people have at their disposal.

Farah:
• November 20: Reports from Gulistan district say that at least 15 puppet policemen were killed at around 10:00 am this morning when firstly their military convoy was targeted by a land mine, eliminating a vehicle after which another mine packed with ball bearings detonated on the enemy as they gathered to help the casualties from the initial blast.
• An ANA tank patrolling in Bala Bolak’s Grani area was blown to bits by an IED yesterday afternoon time, killing all 5 puppets onboard. 

Herat:
• November 19: A 1 hour armed attack was carried out on a police check post last night in Gazra district’s Pul Mastaan area in which 5 puppets were killed and 4 more wounded whereas a Mujahid was also injured in the assault.
Laghman:
• November 19: On Saturday, a dozen of the invading troops were reported dead and wounded in clash with Mujahideen of the Islamic Emirate in Laghman province.
• At least 6 puppets were killed on Saturday when their tank ran over IED in the capital of Laghman province.
• November 20: A dozen of the USZ terrorist invaders were killed in a clash with Mujahideen Saturday after the enemy foot patrol came under attack in the province’s Alingar district. 

Uruzgan:
• November 20: An ISAF terrorist invaders patrol tank was annihilated by a powerful landmine yesterday at 06:00 pm in Charchino district of Uruzgan province, killing all 5 terrorist invaders onboard.

Zabul:
• November 19: USZ terrorist invaders fled yesterday afternoon after sustaining heavy casualties during a 3 hour clash with Mujahideen which broke out yesterday morning near the district center of Khak Afghan when the terrorist invaders landed by helicopters to carryout an operation. Reports say that some 9 terrorist invaders were killed in the battle whereas a Mujahid was also martyred (may Allah accept him) and 3 injured during the deadly clash.
• 2 enemy vehicles were shot and destroyed at around dusk time yesterday in Mizana’s Takir area by Muajhideen during an ambush attack on a joint enemy military convoy, killing all 13 onboard according to officials and eye witnesses who added that a nearby enemy check post was also under attack at the same time. 

Kapisa:
• November 18: About half a dozen of the puppets were reported dead in a clash caused by an attack from Mujahideen on their foot patrol that occurred in Tagab, Kapisa on Friday at about 12:00 p.m. and continued till late afternoon hours of the day, the report said.
• November 20: At least four missiles fired by Mujahideen of the Islamic Emirate hit the governor officer in the capital of Kapisa but it is not apparent if anyone was killed or wounded. 

Nooristan:
• November 18: On Friday, Mujahideen of the Islamic Emirate killed 6 puppets in a bomb attack in Kamdish district of the province bringing the number of the puppets killed today in the same district to 9 as earlier on Friday 5 puppets were killed in an encounter with Mujahideen, the report said.
• November 20: The terrorist invaders dropped by the helicopters disembarked in a village in Kamdish, Nooristan province attempting to raid Mujahideen based there last night as a deadly fight broke out that continued for more than an hour killing some 45 terrorist invaders and wounding several dozen more, the reports sate, adding 6 Mujahideen became martyr while 5 more hurt in the exchange of fire. Shortly after the fight was over, the terrorist invaders detained 8 noncombatant civilians and fled the battlefield as per their trademark maneuver.

Courtesy to PCF - Pakistan Cyber Force.
http://pakistancyberforce.blogspot.com/2011/11/270-terrorist-invaders-149-puppets.html

An American military vehicle wrecked by IED

Operation Badar reports (Afghanistan) (18 - 20 November, 2011)

These reports have been received from Mullah Mohammad Omar's official spokesman Zabihullah Mujahid, spokesman of Islamic Emirate Qari Yousuf Ahmadi as well as some other on-ground sources in Afghanistan which include several puppet regime sources.

Read More @ http://pakistancyberforce.blogspot.com/2011/11/270-terrorist-invaders-149-puppets.html


• November 19: At around 06:00 pm on Friday, a USZ base located in Grof Shash area of Nad Ali district came under an armed Mujahideen assault in which at least 7 terrorist invaders were killed besides the base was badly damaged.
• Heavy fight broke out this morning in Nahr Siraj’s Popalzo area, Gerishk district when Mujahideen of Islamic Emirate attacked those USZ terrorist invaders and their puppets that came to the area to carry out an operation, officials said adding that fight is still ongoing in which at least 11 terrorist invaders and several of their cowardly puppets have been killed besides 2 Mujahideen have sustained minor injuries so far.
• Recently, ISAF terrorist invaders have opened a large scale operation in the various areas of Babaji region, Lashkargah. Details arriving from the area say that Mujahideen clashed with the terrorist invaders earlier today at 09:00 am in Kofki and Malgir areas during which 3 terrorist invaders were killed and 4 others wounded whereas a Mujahid was also injured in heavy fire exchange.
• A USZ terrorist invaders tank was blown apart by a landmine in Nawzad’s Jazi Karez area at 10:00 am today while 2 others were destroyed similarly in the district’s Garma Karez area, killing all 15 terrorist invaders onboard.
• November 20: A roadside bomb in Gerishk’s Nahr Siraj area struck the vehicle of ANA on the road between Lashkargah Durahi and Yakhchal areas at around 06:00 pm yesterday, killing all 5 puppets onboard.
• Reports from Popalzo area of Nahr Siraj region, Lashkargah say that cowardly USZ terrorist invaders carried out heavy airstrikes during the whole day long fight with Mujahideen which erupted yesterday morning. Officials from the area say that 4 innocent civilians were martyred in the blind bombings whereas 4 Mujahideen also embraced martyrdom (may Allah accept them) and 2 were wounded. The enemy fled the area at the end of yesterday after taking on deadly casualties in the battle, leaving behind several damaged logistical and military vehicles which are still lying around the battle scene. Reports add that as many as 25 cowardly terrorist invaders were killed in the battle besides dozens sustaining fatal injuries.
• A roadside bomb in Sangin’s Majid Chawk area tore apart a USZ terrorist invaders tank, killing all 5 terrorist invaders on Saturday afternoon.
• A USZ tank was destroyed in a roadside bomb attack at noon time today in Korghaki area of Musa Kala district, killing all 5 terrorist invaders on board.
• At least 2 USZ terrorist invaders were killed and 3 wounded in a bomb blast which targeted their foot patrol at 12:00 pm today in Sangin’s Charkhakyano Manda area.

Courtesy to PCF - Pakistan Cyber Force.
http://pakistancyberforce.blogspot.com/2011/11/270-terrorist-invaders-149-puppets.html

 

Operation Badar reports (Afghanistan) (18 - 20 November, 2011)
An American Terrorist Invader killed in a gunfight with Mujahideen of Islamic Emirate

These reports have been received from Mullah Mohammad Omar's official spokesman Zabihullah Mujahid, spokesman of Islamic Emirate Qari Yousuf Ahmadi as well as some other on-ground sources in Afghanistan which include several puppet regime sources.

Read More @ http://pakistancyberforce.blogspot.com/2011/11/270-terrorist-invaders-149-puppets.html


Kandahar:
• November 19: USZ terrorist invaders suffered deadly casualties yesterday morning at 07:00 am when a mine in Arghandab district detonated on their foot patrol.
• A USZ military convoy travelling through Zhiri’s Char Shakhi area late yesterday afternoon was struck by landmines, leaving 2 enemy tanks destroyed as well as killing all 10 terrorist invaders onboard.
• 5 puppet troops were killed and another fatally wounded late yesterday afternoon time when a roadside bomb in Zhiri’s Nada area ripped through their vehicle.
• Officials reporting from Maiwand district of Kandahar province say that 2 powerful IED’s detonated on the foot patrol of USZ terrorist invaders last night in Jogrum area, killing 8 terrorist invaders on the spot and wounding several others. Meanwhile, a similar blast this morning at 09:00 am in the same area detonated on another USZ patrol, leaving 1 terrorist invader dead and another severely wounded. Separately, USZ terrorist invaders suffered more casualties in the same area at 03:30 pm today after another IED detonated on their foot patrol.
• USZ terrorist invaders backed by their puppets started an operation in Shahwalikot district’s Soznyano and Sfiri areas 3 days ago, according to Mujahideen. Mujahideen officials say that in the 3 days, 7 USZ military vehicles have been eliminated with landmines (2 mine sweepers, 3 armored tanks and 2 other trucks), killing all 46 terrorist invaders onboard. Officials add that the enemy is stuck in the area as they are surrounded by mines on all sides.
• November 20: At around 07:00 pm last night, Mujahideen of Islamic Emirate carried out a 2 hour armed attack, using heavy and light weapons on a large ANA base located near Panjwaee district bazaar in which the enemy watchtowers were completely destroyed however the number of casualties caused is not known.
• 2 puppet police were killed by Mujahideen later yesterday afternoon during an ambush on the enemy patrol in Maiwand’s Bacha Agha Gudar area.
• Mujahideen blew apart an ANA tank in Panjwaee district late yesterday afternoon using an remote-controlled IED, killing all 5 cowardly puppets onboard.
• A missile fired by Muajahideen at 09:00 pm last night and another 2 fired at 04:00 am local time slammed into Kandahar airbase horribly damaging the base facility besides causing the enemy deadly casualties however their details are not known yet.

Kabul:
• November 19: Some 6 cowardly puppets were killed last night in attack by Mujahideen of the Islamic Emirate as the enemy check post got attacked with heavy arms fire in Daram district of the province.
• Karimullah, the puppet officer in the Hawza-e-Hasht (8th administrative district) was killed in a guerrilla attack in the heart of Kabul city, the capital of the country on Saturday morning.

Daikondi:
• November 20: Nov. 20 – In Daikondi’s Dasht area, at least 6 puppet police were killed when a land mine obliterated their tank yesterday afternoon.

Parwan:
• November 19: Mujahideen of the Islamic Emirate in an encounter with puppets in Sheikh Abad district of Parwan , killed some 14 puppets on Saturday.

Ghor:
• November 19: A local police commander (Umber) was arrested by Mujahideen of Islamic Emirate later on Thursday afternoon near Shinkot district center.

Ghazni:
• November 18: At least 6 missiles and mortar strikes shot off by Mujahideen hit the PRT branch of the terrorist invaders in Gilan district of the province on Friday, the report indicates, but gave on information on the casualties.
• November 19: At least 5 USZ terrorist invaders were killed in a clash with puppets today near the puppets checkpoint in the capital of Ghazni province. Shortly afterwards, the USZ helicopter bombed that check post destroying it completely killing 10 puppets.
• The invading forces, in a night time raid in Deh Yak district of the province martyred a noncombatant villager last night. 

Logar:
• November 19: At least 4 NATO terrorist invaders and their puppets were killed Saturday in a clash with Mujahideen of the Islamic Emirate in Kharwar district of the province.
• At least 6 USZ-led terrorist invaders were killed Saturday in a roadside bomb attack in Baraki Barak district of the province as their tank got hit and destroyed in IED bombing.
• November 20: A clash is reported to have occurred on Saturday between Mujahideen combatants and their terrorist invaders in Baraki Barak, Logar province. According to Mujahideen report from the area, the clash prompted by an ambush attacked lasted an hour in which 2 NATO terrorist invaders were taken out with three more hurt.

Badakhshan:
• November 19: A number of the puppets were killed and wounded last night in attack by Mujahideen of the Islamic Emirate as the enemy check post got attacked with heavy arms fire in Daram district of the province.

Wardag:
• November 19: At least 6 USZ terrorist invaders were killed and 4 severely injured in a bomb blast which targeted their foot patrol at 12:00 pm today in Sangin’s Charkhakyano Manda area.
• Mujahideen of the Islamic Emirate shot one of the puppets vehicles in the capital of Wardag on Saturday killing 3 puppets on board.
• At least 5 puppets were killed and many others wounded Saturday when their vehicle got hit and destroyed in IED blast in Syedabad district of the province.
•November 20: At least 3 NATO terrorist invaders were killed in a clash later on Saturday as their foot patrol encountered Mujahideen ambush in Nirkh district.
• Some 3 cowardly puppets were killed on Saturday in landmine blast that tore through their foot patrol while on patrol mission in Sheikh Ameer district of the province.

Courtesy to PCF - Pakistan Cyber Force.
http://pakistancyberforce.blogspot.com/2011/11/270-terrorist-invaders-149-puppets.html

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Report: Dozens of U.S. spies captured in Lebanon and Iran ...

Current and former U.S. officials concede that CIA suffered difficult blow; sources say Lebanon informants were compromised by meeting CIA agents at a Beirut Pizza Hut.

By Barak Ravid and The Associated Press

Dozens of spies working for the CIA were captured recently in Lebanon and Iran, current and former U.S. officials told The Associated Press and ABC News on Monday.

The CIA’s operations in Lebanon have been badly damaged after Hezbollahidentified and captured a number of the U.S. spies, officials told The Associated Press.

Hezbollah’s longtime leader, Sheik Hassan Nasrallah, boasted on television in June that he had rooted out at least two CIA spies who had infiltrated the ranks of Hezbollah, which the U.S. considers a terrorist group closely allied with Iran. Though the U.S. Embassy in Lebanon officially denied the accusation, current and former officials concede that it happened and the damage has spread even further.

According to a report by ABC News, there were two distinct espionage rings targeting Iran and Hezbollah in which spies were recruited by the CIA.

Current and former U.S. officials said the two different spy rings were discovered separately but both caused a significant setback in U.S. efforts to track Iran’s nuclear activities and Hezbollah actions against Israel.

ABC reported that according to U.S. officials, the CIA used the codeword “Pizza” when discussing where to meet with the informants.

Other former officials said CIA case officers met several Lebanese informants at a local Beirut Pizza Hut branch, which helped Hezbollah identify the spies helping the CIA.

U.S. officials, however, deny any allegations that their agents were compromised at Pizza Hut, ABC reported.

An image grab taken from Lebanon’s Hezbollah-run Manar TV shows Hezbollah leader Hassan Nasrallah delivering a televised speech at an undisclosed location in Lebanon on July 2, 2011. Photo by: AFP

In recent months, CIA officials have secretly been scrambling to protect their remaining spies — foreign assets or agents working for the agency — before Hezbollah can find them.

To be sure, some deaths are to be expected in shadowy spy wars. It’s an extremely risky business and people get killed. But the damage to the agency’s spy network in Lebanon has been greater than usual, several former and current U.S. officials said, speaking on condition of anonymity because they were not authorized to speak publicly about security matters.

The Lebanon crisis is the latest mishap involving CIA counterintelligence, the undermining or manipulating of the enemy’s ability to gather information. Former CIA officials have said that once-essential skill has been eroded as the agency shifted from outmaneuvering rival spy agencies to fighting terrorists. In the rush for immediate results, former officers say, tradecraft has suffered.

The most recent high-profile example was the suicide bomber who posed as an informant and killed seven CIA employees and wounded six others in Khost, Afghanistan in December 2009.

Last year, then-CIA director Leon Panetta said the agency had to maintain “a greater awareness of counterintelligence.” But eight months later, Nasrallah let the world know he had bested the CIA, demonstrating that the agency still struggles with this critical aspect of spying and sending a message to those who would betray Hezbollah.

The CIA was well aware the spies were vulnerable in Lebanon. CIA officials were warned, including the chief of the unit that supervises Hezbollah operations from CIA headquarters in Langley, Va., and the head of counterintelligence. It remains unclear whether anyone has been or will be held accountable in the wake of this counterintelligence disaster or whether the incident will affect the CIA’s ability to recruit assets in Lebanon.

In response to AP’s questions about what happened in Lebanon, a U.S. official said Hezbollah is recognized as a complicated enemy responsible for killing more Americans than any other terrorist group before September 2001. The agency does not underestimate the organization, the official said.

The CIA’s toughest adversaries, like Hezbollah and Iran, have for years been improving their ability to hunt spies, relying on patience and guile to exploit counterintelligence holes.

In 2007, for instance, when Ali-Reza Asgari, a brigadier general in the Islamic Revolutionary Guards Corps of Iran, disappeared in Turkey, it was assumed that he was either killed or defected. In response, the Iranian government began a painstaking review of foreign travel by its citizens, particularly to places like Turkey where Iranians don’t need a visa and could meet with foreign intelligence services.

It didn’t take long, a Western intelligence official told the AP, before the U.S., Britain and Israel began losing contact with some of their Iranian spies.

The State Department last year described Hezbollah as “the most technically capable terrorist group in the world,” and the Defense Department estimates it receives between $100 million and $200 million per year in funding from Iran.

Backed by Iran, Hezbollah has built a professional counterintelligence apparatus that Nasrallah — whom theU.S. government designated an international terrorist a decade ago — proudly describes as the “spy combat unit.” U.S. intelligence officials believe the unit, which is considered formidable and ruthless, went operational in about 2004.

Using the latest commercial software, Nasrallah’s spy-hunters unit began methodically searching for spies in Hezbollah’s midst. To find them, U.S. officials said, Hezbollah examined cellphone data looking for anomalies. The analysis identified cellphones that, for instance, were used rarely or always from specific locations and only for a short period of time. Then it came down to old-fashioned, shoe-leather detective work: Who in that area had information that might be worth selling to the enemy?

The effort took years but eventually Hezbollah, and later the Lebanese government, began making arrests. By one estimate, 100 Israeli assets were apprehended as the news made headlines across the region in 2009. Some of those suspected Israeli spies worked for telecommunications companies and served in the military.

Back at CIA headquarters, the arrests alarmed senior officials. The agency prepared a study on its own vulnerabilities, U.S. officials said, and the results proved to be prescient.

The analysis concluded that the CIA was susceptible to the same analysis that had compromised the Israelis, the officials said.

CIA managers were instructed to be extra careful about handling sources in Lebanon. A U.S. official said recommendations were issued to counter the potential problem.

But it’s unclear what preventive measures were taken by the Hezbollah unit chief or the officer in charge of the Beirut station. Former officials say the Hezbollah unit chief is no stranger to the necessity of counterintelligence and knew the risks. The unit chief has worked overseas in hostile environments likeAfghanistan and played an important role in the capture of a top terrorist while stationed in the Persian Gulfregion after the attacks of 9/11.

“We’ve lost a lot of people in Beirut over the years, so everyone should know the drill,” said a former Middle East case officer familiar with the situation.

But whatever actions the CIA took, they were not enough. Like the Israelis, bad tradecraft doomed these CIA assets and the agency ultimately failed to protect them, an official said. In some instances, CIA officers fell into predictable patterns when meeting their sources, the official said.

This allowed Hezbollah to identify assets and case officers and unravel at least part of the CIA’s spy network in Lebanon. There was also a reluctance to share cases and some files were put in “restricted handling.” The designation severely limits the number of people who know the identity of the source but also reduces the number of experts who could spot problems that might lead to their discovery, officials said.

Nasrallah’s televised announcement in June was followed by finger-pointing among departments inside the CIA as the spy agency tried figure out what went wrong and contain the damage.

The fate of these CIA assets is unknown. Hezbollah treats spies differently, said Matthew Levitt, acounterterrorism and intelligence expert at the Washington Institute for Near East Studies who’s writing a book about the terrorist organization

“It all depends on who these guys were and what they have to say,” Levitt said. “Hezbollah has disappeared people before. Others they have kept around.”

Who’s responsible for the mess in Lebanon? It’s not clear. The chief of Hezbollah operations at CIA headquarters continues to run the unit that also focuses on Iranians and Palestinians. The CIA’s top counterintelligence officer, who was one of the most senior women in the clandestine service, recently retired after approximately five years in the job. She is credited with some important cases, including the recent arrests of Russian spies who had been living in the U.S. for years.

Officials said the woman was succeeded by a more experienced operations officer. That officer has held important posts in Moscow, Southeast Asia, Europe and the Balkans, important frontlines of the agency’s spy wars with foreign intelligence services and terrorist organizations.

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Survival Preparedness for Winter Weather ...

Here are a few tips to be prepared for big winter weather storms this year.

Before the winter storms hit, check the following preparedness items for your home…

• food supply
• your ‘everyday’ needs that you have (medical? other daily needs?)
• LED flashlights, and/or LED lantern (LED’s last longer)
• portable AM/FM radio
• NOAA weather radio
• plenty of extra batteries (Lithium batteries last longer)
• another source of heat, in case you loose power
• portable cook stove, and a percolator (for you coffee drinkers)
• warm sleeping bags that are rated for cold weather

If you are going to hit the roads this winter, make sure you let family and friends know where, and which route you are going to take, and be sure to have a plan (and supplies) just in case you get stranded.

If you have travel planned, at a minimum, it’s a good idea to have some or all of the following items in your car.

• blankets (for each person), and/or sleeping bags
• food supply (calorie-dense, at least a day’s worth, food bars are good…), and water
• flashlight and extra batteries
• road flares
• snow shovel
• road grit-salt-sand to help get out of a slippery situation
• tire chains (if applicable to your geographical location)
• ice scraper for windows
• extra windshield wiper fluid
• always have outdoor winter wear (either stowed or on your person)
• portable NOAA weather radio to stay up to date on any warnings or advisories
• portable CB radio, some come with NOAA channels and quick access to emergency ch.9
• always keep plenty of gasoline in your tank
• you can also purchase a pre-assembled emergency kit

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17 Quotes About The Coming Global Financial Collapse That Will Make Your Hair Stand Up ...

Is the world on the verge of another massive global financial collapse?  Yes.  The western world is drowning in an ocean of debt unlike anything the world has ever seen before, and our financial markets are gigantic casinos that are dependent on huge mountains of risk and leverage remaining very stable.  In the end, this house of cards that has been built on a foundation of sand is going to come crashing down in a horrifying manner.  Usually in this column I go on and on about why things will soon get much worse.  But today I am going to take a bit of a break.  Today, I am going to let some of the top financial professionals in the world tell you why things will soon get much worse.  Many of the quotes that you are about to read just might make the hair on the back of your neck stand up.  Most people out there have no idea what is about to happen.  Most people out there are working hard and are busy preparing for the holidays and they are hopeful that the economy will turn around soon.  But that is not going to happen.  We are heading for another major global financial collapse, and when it happens the U.S. economy is going to get even worse.

The epicenter for the coming global financial collapse is almost certainly going to be in Europe.  As you will see below, financial professionals all over the world are sounding the alarm about Europe.  It is a disaster that everyone can see coming but that nobody seems to be able to prevent.

Of course the failure of the “supercommittee” in the United States certainly is not helping matters.  There is already talk that we may soon see another downgrade for U.S. debt.  It is hard to even describe how incompetent the U.S. Congress is.

There is a tremendous lack of leadership both in the United States and in Europe right now.  The financial world is more interconnected than ever before, and when the financial dominoes start to fall it is going to take a miracle to keep a complete and total disaster from unfolding.

So when the time comes, who is going to step forward and provide that leadership?

That is a really, really good question.

Right now, panic and fear are spreading like wildfire in the financial world and nobody knows for sure what is going to happen next.

But one thing is for certain.  Pessimism is growing stronger by the day.

The following are 17 quotes about the coming global financial collapse that will make your hair stand up….

#1 Credit Suisse’s Fixed Income Research unit: “We seem to have entered the last days of the euro as we currently know it. That doesn’t make a break-up very likely, but it does mean some extraordinary things will almost certainly need to happen – probably by mid-January – to prevent the progressive closure of all the euro zone sovereign bond markets, potentially accompanied by escalating runs on even the strongest banks.”

#2 Willem Buiter, chief economist at Citigroup: “Time is running out fast.  I think we have maybe a few months — it could be weeks, it could be days — before there is a material risk of a fundamentally unnecessary default by a country like Spain or Italy which would be a financial catastrophe dragging the European banking system and North America with it.”

#3 Jim Reid of Deutsche Bank: “If you don’t think Merkel’s tone will change then our investment advice is to dig a hole in the ground and hide.”

#4 David Rosenberg, a senior economist at Gluskin Sheff in Toronto: “Lenders are finding it difficult to finance their day-to-day operations with short-term funding. This is a lot like 2008 but with more twists.”

#5 Christian Stracke, the head of credit research for Pimco: “This is just a repeat of what we saw in 2008, when everyone wanted to see toxic assets off the banks’ balance sheets”

#6 Paul Krugman of the New York Times: “At this point I’d guess soaring rates on Italian debt leading to a gigantic bank run, both because of solvency fears about Italian banks given a default and because of fear that Italy will end up leaving the euro. This then leads to emergency bank closing, and once that happens, a decision to drop the euro and install the new lira. Next stop, France.”

#7 Paul Hickey of Bespoke Investment Group: “More and more, we are hearing anecdotal comments from individual and professionals that this is the most difficult environment they have ever experienced as the market is like a fish flopping around after being taken out of the water.”

#8 Bob Janjuah of Nomura International: “Germany appears to be adamant that full political and fiscal integration over the next decade (nothing substantive will happen over the short term, in my view) is the only option, and ECB monetisation is no longer possible. I really think it is that clear and simple. And if I am wrong, and the ECB does a U-turn and agrees to unlimited monetisation, I will simply wait for the inevitable knee-jerk rally to fade before reloading my short risk positions. Even if Germany and the ECB somehow agree to unlimited monetisation I believe it will do nothing to fix the insolvency and lack of growth in the eurozone. It will just result in a major destruction of the ECB‟s balance sheet which will force an ECB recap. At that point, I think Germany and its northern partners would walk away. Markets always want short, sharp, simple solutions.”

#9 Dan Akerson, CEO of General Motors: “The ’08 recession, which was a credit bubble that manifested itself through primarily the real estate market, that was a serious stress….This is much more serious.”

#10 Francesco Garzarelli of Goldman Sachs: “Pressures on Euro area sovereign bond markets have progressively intensified and spread like a wildfire.”

#11 Jim Rogers: “In 2002 it was bad, in 2008 it was worse and 2012 or 2013 is going to be worse still – be careful”

#12 Dr. Pippa Malmgren, the President and founder of Principalis Asset Management who once worked in the White House as an adviser to President Bush: “Market forces are increasingly determining what the options are and foreclosing on options policymakers thought they had. One option which is now under discussion involves permitting a country to temporarily leave the Euro, return to its native currency, devalue, commit to returning to the Euro at a better debt to GDP ratio, a better exchange rate and a better growth trajectory and yet not sacrifice its EU membership. I would like to say for the record that this is precisely the thought process that I expected to evolve,but when I proposed this possibility back in 2009, and again in September 2010, I had a 100% response from clients and others that this was “impossible” and many felt it was “ridiculous”. They may be right but this is the current state of the discussion. The Handelsblatt in Germany has reported this conversation, but wrongly assumes that the country that will exit is Germany. I think that Germany will have to exit if the Southern European states do not. Germany’s preference is to stay in the Euro and have the others drop out. The problem has been the Germans could not convince the others to walk away. But, now, market pressures are forcing someone to leave. Germany is pushing for that someone to be Italy. They hope that this would be a one off exception, not to be repeated by any other country. Obviously, though, if Italy leaves the Euro and reverts to Lira then the markets will immediately and forcefully attack Spain, Portugal and even whatever is left  of the already savaged Greeks. These countries will not be able to compete against a devalued Greece or Italy when it come to tourism or even infrastructure. But, the principal target will be France. The three largest French banks have roughly 450 billion Euros of exposure to Italian debt. So, further sovereign defaults are certainly inevitable, but that is true under any scenario. Growth and austerity will not do the trick, as ZeroHedge rightly points out. Ultimately, I will not be at all surprised to see Europe’s banking system shut for days while the losses and payments issues are worked out. People forget that the term “bank holiday” was invented in the 1930’s when the banks were shut for exactly the same reason.”

#13 Daniel Clifton, a policy strategist with Strategas Research Partners on the potential for more downgrades of U.S. debt: “We would expect further downgrades, a first downgrade from Moody’s and Fitch and possibly a second downgrade from S&P.”

#14 Warren Buffett on the problems in the eurozone: “The system as presently designed has revealed a major flaw. And that flaw won’t be corrected just by words. Europe will either have to come closer together or there will have to be some other rearrangement because this system is not working”

#15 David Kostin, equity strategist for Goldman Sachs: “The wide range of possible outcomes on both the super committee process and the unstable political economy in Europe drives our view that investors should assume the worst while hoping for the best.”

#16 Mark Mobius, the head of the emerging markets desk at Templeton Asset Management: “There is definitely going to be another financial crisis around the corner”

#17 Gerald Celente, founder of The Trends Research Institute: “The whole system is going down. Pull your money out your Fidelity account, your Scwhab accout, and your ETFs.”

Are you starting to get the picture?

When so many top financial professionals are freaking out like this, perhaps the rest of us should start paying attention.

They are telling us that “time is running out”.

They are telling us that “there is definitely going to be another financial crisis”.

They are telling us that this “is going to be worse” than 2008.

They are telling us that “the whole system is going down”.

Yes, a devastating financial collapse really is coming.  Just like in 2008, it will seem like the “end of the world” while it is happening, but it won’t be.  It will severely damage our financial system and our economy, but it will not finish us off.

Think of it this way.  When you build a sand castle at the beach, it doesn’t get totally wiped out by the first wave or the second wave that hits it.  Each wave does significant damage, but the destruction of your sand castle is a process.

It is the same thing with the U.S. economy.  We once had the most incredible economic machine that the world has ever seen.  It is constantly being gutted and the financial crisis of 2008 hit us really hard, but we are still doing okay.

After this next financial crisis we will be in even worse shape.  But we will still be breathing.

More “waves” will come after this next financial crisis.  If we continue on the road that we are on, our economy will progressively get worse and worse.

Not everyone will agree with this analysis, and that is okay.  In the end, time will reveal the truth to all of us.

Right now, we all need to get ready for the next wave that is about to hit us.  A lot of people are going to lose their jobs over the next few years.  Hopefully you are prepared for that.

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