It is really a nice theory. The only defect I think it has is probably common to all philosophical theories. It's wrong. You may suspect me of proposing another theory in its place; but I hope not, because I'm sure it's wrong too if it is a theory.

Theories pass. The frog remains.

Now undoubtedly Moroni could have pointed out many factors that led to the destruction of the people, but notice how he singled out the secret combinations, just as the Church today could point out many threats to peace, prosperity, and the spread of God’s work, but it has singled out the greatest threat as the godless conspiracy. There is no conspiracy theory in the Book of Mormon — it is a conspiracy fact.

A little experience often upsets a lot of theory.