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Bailing out America
Marwan Bishara asks how the financial crisis has affected the US' global position.
Last Modified: 13 May 2009 14:01 GMT

 

 

 

 

 

The financial tsunami that has been buffeting the US over the past year shows no sign of abating.

These economic blows are also causing a crisis of confidence in America's international prestige.

Corporate greed, coupled with military adventures have led to terrible waste, decaying infrastructure, unprecedented borrowing from foreign competitors, and a loss of financial and political capital at home and abroad.

Bailing out America will examine how disastrous foreign interventions, over-arching ambitions, declining productivity, sky-rocketing oil prices, and huge budget deficits, add up to a perfect storm, and leave many countries around the world wondering: is the US still the number one superpower?

Marwan Bishara, Al Jazeera's senior political analyst, takes a look at the financial crisis, the multi-billion dollar bailout, and its wider implications in terms of America's position and influence in the world.

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Bailing out America airs from Monday, October 6, 2008, at the following times GMT: Monday: 0600, 1400 and 1900
Tuesday: 0300 and 1000


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Source:
Al Jazeera
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