Tsunami of anger over financial crisis
Today’s European edition of the International Herald Tribune is fronted by a photo montage of the presidents of Senegal, Afghanistan, Bolivia, Argentina, France and Brazil.
They have two things in common – all are attending this week’s United Nations General Assembly in New York and all see a global threat from the financial crisis that began on Wall Street and, in the words of President Gloria Macapagal Arroyo of the Philippines, has moved “like a terrible tsunami around the globe”.
Some of the strongest words were directed at Washington lawmakers, Wall Street speculators and market regulators.
Her finance minister, Peer Steinbrueck, believes the United States has lost its financial superpower status.
Bolivia’s President Evo Morales has been quoted as saying: “There is an uprising against an economic model, a capitalistic system that is the worst enemy of humanity.”
How does this fit with Secretary of State Condoleezza Rice’s assurance that the world still has confidence in the United States?
Who needs to adjust their lenses?