Is Hebrew dying?

There is an interesting article on ynet שפה הולכת לאיבוד
about how the Hebrew language is dying.

After living here for a number of years it is definately true. It seems that every other word is either an English word or a Hebrewized version of it. For example politics is פוליטיקה.

I don't know if this is so bad, this is the way the world is going, the Germans and the French are complaining about the same phenomenon.