Archive for the ‘Multipolar world’ Category
Posted by smeddum on October 3, 2008
The New American Century: Cut Short By 92 Years
By Mike Whitney
02/10/08 ‘ICH” — – America’s time as a superpower is coming to an end. The financial crisis was just the last straw. Whatever good faith was left after the invasion of Iraq, the shrugging off of international treaties and the shameless disregard for human rights, is now gone. The United States has polluted the global economic system with worthless mortgage-backed securities and, by doing so, has pushed 6 billion people closer to a long and painful recession. That’s not something that can be easily forgiven. Read the rest of this entry »
Posted in Drive to Global War, Financial crisis, Multipolar world | Leave a Comment »
Posted by smeddum on October 3, 2008
RISE OF THE REST
The Challenges of the New World Order Der Spiegel
By Wolfgang Nowak
America is no longer up to shouldering the world’s crises. But who is going to take its place? Russia, Brazil, China and India are all rising, but they are also competing with Europe and the US for finite natural resources. Only a common future — a “change through rapprochement” and not a “clash of futures” can carry us forward. Read the rest of this entry »
Posted in Financial crisis, Multipolar world | Leave a Comment »
Posted by smeddum on October 1, 2008
Financial Tsunami: The End of the World as We Knew It
by F. William Engdahl
Global Research, September 30, 2008
The unexpected rejection by the US Congress of the Bush Administration financial rescue plan, TARP on September 29 has opened up the spectre for the first time of a 1931-style domino wave of worldwide bank failures. That is already underway across the US banking spectrum with the failure, nationalization or forced liquidation in the past two weeks of Fannie Mae and Freddie Mac, of the giant Washington Mutual mortgage lender, of the nation’s fourth largest deposit bank, Wachovia. That was on top of a wave of smaller bank failures that began with IndyMac in the spring. For some it is appealing and more simple to grasp the magnitude of these titanic events in the US-centered financial world by assuming it is all part of a pre-planned grand conspiracy by the Money Masters, what in the 1920s in the USA was termed the Money Trust, to control the entire financial world. Read the rest of this entry »
Posted in Financial crisis, Multipolar world | Tagged: bailout | Leave a Comment »
Posted by smeddum on October 1, 2008
Latin America leftists slam U.S. on financial crisis
Tue Sep 30, 2008 5:37pm EDT Reuters
(Adds Lula, context, byline)
By Fernando Exman
MANAUS, Brazil, Sept 30 (Reuters) – Latin America’s leftist leaders on Tuesday accused the United States of “irresponsibility” in its handling of the financial crisis that has pummeled markets and threatens economies around the world. Read the rest of this entry »
Posted in Financial crisis, Multipolar world | Tagged: Chavez | Leave a Comment »
Posted by smeddum on September 29, 2008
From Spain to South America: McCain’s Axis of Evil
September 29, 2008 By Nikolas Kozloff Zmag
Last week, John McCain set off a political firestorm when he suggested that he might not meet with Spanish Prime Minister José Luis Rodríguez Zapatero in the White House. Speaking to a reporter from Spanish-language Union Radio, McCain said “Honestly, I have to analyze our relationships, situations and priorities, but I can assure you that I will establish closer relationships with our friends, and I will stand up to those who want to harm the United States.”
Read the rest of this entry »
Posted in Multipolar world | Tagged: McCain, South America, Spain, US hubris | Leave a Comment »
Posted by smeddum on September 28, 2008
PRC, Middle East may fuel rebound of economy in US
SHIELDED: These regions will likely be affected by sluggish US consumption, but by comparison will see robust growth, WEF participants in Tianjin said
By Elizabeth Tchii
STAFF REPORTER
Monday, Sep 29, 2008, Page 12
“Globalization is changing the ball game [by] exposing the need to build up governance. It’s risk we’ve got to manage better.”
— Peter Mandelson, EU commissioner for trade
The US will most likely recover from its financial crisis sometime next year or in 2010, but participants at a World Economic Forum (WEF) panel discussion in Tianjin, China, said a full rebound would take years, with emerging markets such as China and the Middle East leading the way. Read the rest of this entry »
Posted in Multipolar world | Tagged: Mandelson | Leave a Comment »
Posted by smeddum on September 28, 2008
Canada’s Harper Joins G-7 Chorus, Pins Crisis on U.S.
By Theophilos Argitis
Sept. 28 (Bloomberg) — Canadian Prime Minister Stephen Harper said U.S. policies helped create the crisis in financial markets, adding to criticism from other Group of Seven leaders and saying there’s little his government can do to help. Read the rest of this entry »
Posted in Financial crisis, Multipolar world | Tagged: bailout, canada, economy, G8, politics, Stephen Harper | Leave a Comment »
Posted by smeddum on September 28, 2008
Chavez: Fidel Is Stronger than Hurricane Ike
By Jorge Petinaud
Moscow, Sep 28 (Prensa Latina) Venezuelan President Hugo Chavez’s visit to Moscow, his meetings with top Russian leaders this week, and the signing of transcendental agreements are events of world relevance. Read the rest of this entry »
Posted in Multipolar world | Tagged: Castro, Chavez, cuba, Multipolar world, Putin | Leave a Comment »
Posted by smeddum on September 28, 2008
A shattering moment in America’s fall from power
The global financial crisis will see the US falter in the same way the Soviet Union did when the Berlin Wall came down. The era of American dominance is over
John Gray Guardian
Our gaze might be on the markets melting down, but the upheaval we are experiencing is more than a financial crisis, however large. Here is a historic geopolitical shift, in which the balance of power in the world is being altered irrevocably. The era of American global leadership, reaching back to the Second World War, is over. Read the rest of this entry »
Posted in Multipolar world | Tagged: bailout, end of US empire | Leave a Comment »
Posted by smeddum on September 28, 2008
Interesting Reactions Worldwide – What Years of Neglect and Lack Of National Policy Is Creating
By: TraderMark Saturday, September 27, 2008 2:12 PM istockanalyst
Remember, we’ve been talking about the Post-American era that is coming soon, where there is not 1 superpower (Aug 19: Coming Soon: A Post American World), but due to its self inflicted wounds and gluttony, the “Rise of the Rest” (Fareed Zakaria) will occur (if you are new to the blog I’d highly recommend reading this post from May) Remember, we are shouted at daily (“We’re #1”) that the US led the world into this mess, and we’ll lead them out. I believe differently. This is such a deep rooted mess, the rest of the world will lead us out, not vice versa. We’ll know in a few years but I wrote often in fall 2007 that we have a very inward looking (“if it doesn’t happen in America, it doesn’t matter”) arrogance about us. So of course WE will lead the rest of the world out of this mess… no one else is strong enough. This is a global world, with competitors running at us hard and fast – the quicker we get out of our inward gaze and realize this – the better. Perhaps being taken down a few rungs will help us on that path… I hope so. But we’ll see. We have very short memories. Read the rest of this entry »
Posted in Multipolar world | Tagged: bailout | Leave a Comment »
In These New Times 