Econo-Jihad, by Bruce Hoffman and Gabriel Weimann. The National Interest Online, May 13, 2009.
In sum, repeated jihadi websites postings now reflect growing interest in health of both the American and global economies. The struggle is also increasingly seen as an economic war. And many jihadis have come to the conclusion that financial, rather than military, losses will defeat America. The websites, accordingly, emphasize the importance of targeting U.S. economic interests and directing their military jihad at targets which affect the U.S. economy. The concept of jihad, dating back to the earliest stages of Islam, has always been open to various interpretations: military, spiritual, political, religious and more. As such, “Econo -Jihad” aims to undermine the Western, and especially America’s, economy with the goal of engineering total economic collapse.