Global Research:
"While this financial disaster led to the near collapse of the global economy, there was also a moral collapse of America. Due to the unjustified war in Iraq, the torturing of prisoners, the illegal wiretapping, and the American government’s general disregard for both national and international law, the United States lost its moral standing with the world. No longer was it the nation that was the beacon of freedom, democracy, and liberty. Now the US was in an onset of imperial decline, something from which it would never come back from."
