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.
The anger at the US seems to be surfacing everywhere at once. It was particularly noticable at the recent opening of the UN General Assembly. Typically, this is a tedious event full of empty political blabbering and pretentious ceremonies. But not this time. With the world sliding towards a US-created recession; patience have worn thin, and foreign leaders have started to lashing out at the United States more vehemently. The speeches have been blunt and acrimonious; no one is "pulling their punches" any more. Venezuela's Hugo Chavez summed up the mood of the meetings like this:
"I think that, sooner rather than later, this empire will fall - to the benefit of the whole world, enabling a balance in the world to be created: polycentric and multi-polar. That will guarantee peace in the world. To the creation of this multi-polar world we are making our small contribution."