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Death of the American Empire and Economy Continued from page 81 one set of rules for itself and another Committee on the Judiciary on behalf for the rest of the world. Its increased of FOCA (Friends of Charities Sha'alan, "always protects the "creative financing" has deluded its Association) in its Hearing on Capitol individual's wealth while putting a cap people into a false sense of security, Hill in Washington, DC, and her on selfishness and greed. It has the and it now looks like we're seeing the analysis has been published and best of capitalism—filtering out its failure of capitalism altogether. critically acclaimed throughout the negatives—and the best of The whole exercise indemocracy by USA, Europe and the Middle East. socialism—filtering out its negatives, force against Arab Muslim nations has _As the Institute for Research: Middle too. Both systems inevitably had to almost bankrupted the United States. Eastern Policy (IRmep) Director of fail. Additionally, Europe and Japan The Cold War is over and the US has Development and Senior Research did not need to be held accountable nothing to offer—no exports, no Analyst, Ms Hsu was the first to break and indebted to America any more for production, few natural resources and _ the barrier against public discussion of protection against the Soviets. no service sector economy. the Israeli influence upon US foreign "The essential difference between The very markets that resisted US policy decision-making in Capitol the Islamic economic system and the economic policies the most, having Hill's "A Clean Break" Symposium in capitalist system," he continued, "is curbed foreign direct investments into 2994- She remains an International that, in Islam, wealth belongs to America, are those that will fare best Fellow with the Institute. God—the individual being only its and come out ahead. But not before Born in London, Ms Hsu relocated to : F F : p Riyadh, Saudi Arabia, in 2005 and is . Tt ta goal. I . yaeny ' manager is a means, not a goal having paid a very high price * currently completing a book on US Committee on the Judiciary on behalf of FOCA (Friends of Charities Association) in its Hearing on Capitol Hill in Washington, DC, and her analysis has been published and critically acclaimed throughout the USA, Europe and the Middle East. As the Institute for Research: Middle Eastern Policy (IRmep) Director of Development and Senior Research Analyst, Ms Hsu was the first to break the barrier against public discussion of the Israeli influence upon US foreign policy decision-making in Capitol Hill's "A Clean Break" Symposium in 2004. She remains an International Fellow with the Institute. Born in London, Ms Hsu relocated to Riyadh, Saudi Arabia, in 2005 and is currently completing a book on US policy towards Saudi Arabia. Her article this edition, originally titled "Death of the American Empire", is available at the Global Research web page http://www. globalresearch.ca/index.php? context=va&aid=10651. Sha'alan, "always protects the individual's wealth while putting a cap on selfishness and greed. It has the best of capitalism—filtering out its negatives—and the best of socialism—filtering out its negatives, too. Both systems inevitably had to fail. Additionally, Europe and Japan did not need to be held accountable and indebted to America any more for protection against the Soviets. "The essential difference between the Islamic economic system and the capitalist system," he continued, "is that, in Islam, wealth belongs to God—the individual being only its manager. It is a means, not a goal. In capitalism, it is the reverse: money belongs to the individual, and is a goal in and of itself. In America especially, money is worshipped like God." In sum, the crash of the entire global economic system will be a result of America's fiscal arrogance based upon About the Author: Tanya Cariina Hsu is a political researcher and analyst focusing on Saudi Arabian-US relations. She was one of the contributors to recent written testimony on the Kingdom of Saudi Arabia for the US Senate 82 ¢ NEXUS www.nexusmagazine.com DECEMBER 2008 — JANUARY 2009