According to the biblical account, Babel was a city that united humanity, all speaking a single language and migrating from the east; it was the home city of the great king Nimrod, and the first city to be built after the Great Flood. The people decided their city should have a tower so immense that it would have "its top in the heavens." However, the Tower of Babel was not built for the worship and praise of God, but was dedicated to the glory of man, with a motive of making a 'name' for the builders "Then they said, 'Come, let us build ourselves a city, and a tower with its top in the heavens, and let us make a name for ourselves; otherwise we shall be scattered abroad upon the face of the whole earth.'" - Genesis 11:4. God seeing what the people were doing, gave each person a different language to confuse them and scattered the people throughout the earth.
Now first off in my old analysis, just how could a Tower falling down instantly render people unable to communicate with each other? This seems impossible if you take it at face value as describing verbal language, but what if you take it to mean a Reserve Currency to which all things are linked in their value?
What happens when the Dollar loses its meaning entirely? The ALL the traders can't talk to each other anymore, it about instantly renders it impossible to communicate in the world of trade.
The first obvious parallel here would be the Crashing Down of the World Trade Center in NYC, a "tower so immense it would have its top in the Heavens". However, the more important tower that is crashing down is the intricately connected system of world markets. Its rapidly becoming apparent that traders cannot talk to each other in a common language, and so international trade is grinding to a halt. Now each country has "a different language to confuse them and scattered the people throughout the earth." We are of course all scatterred, and each individual locale now has to come up with its own monetary language to begin trading internally again. The Confusion here is clearly apparent as well.
Some very interesting tidbits in this story that have some relevance to today's Tower of Babel collapse:
The building of the Tower was meant to bid defiance not only to God, but also to Abraham, who exhorted the builders to reverence. The passage mentions that the builders spoke sharp words against God, not cited in the Bible, saying that once every 1,656 years, heaven tottered so that the water poured down upon the earth, therefore they would support it by columns that there might not be another deluge
If you Google up the collapse of the Roman Empire, it actually occured in 352 AD (2008-1656=352) when the Empire fractured between Constantinius II and Magnentius.
Coincidence? Perhaps. However, that is one pretty big coincidence if you ask me. Interesting how the Geopolitics seem to replay themselves on the interval of every 1656 years.