Washington and the ‘ New New World Order’


By F. William Engdahl


(7 January, 2014) –In a famous speech to the US Congress in March 1991, just after the collapse of the Soviet Union and the US Gulf War victory over Saddam Hussein’s Iraq, a triumphant US President George H.W. Bush proclaimed the dawn of a “New World Order.”i The term, with its ominous freemasonic connotations, raised many an eyebrow and Bush never again publicly used the term. However, what he meant became starkly clear to the world in the two decades following the collapse of the Berlin Wall. Now that very US globalization strategy is in a shambles and the outlines of possible alternative orders are slowly emerging.

End of ‘Old New World Order’

The US financial crisis that exploded on the world with a vengeance in March 2007 was the beginning of the end of the Old New World Order as Bush had envisioned in 1991, even though US elites were in denial of that reality. The Sole Superpower after the end of the Cold War had embarked on a quest of global empire disguised under the rubric of “globalization.” The Clinton Presidency from 1992-2000 marked an era of financial deregulation unprecedented since the 1930’s. Big banks were set free from virtually all restraints and became “Too Big to Fail” as a result. Wall Street Gods of Money knew they could literally “get away with murder” after their follies in the 1997-98 Asia financial crisis, the 1998 Russian sovereign debt default and the subsequent bank bailouts by the IMF and various governments.

When Federal Reserve chairman Alan Greenspan made it clear to Wall Street in 2002 after the collapse of the dot.com stock bubble that the Fed would provide bank liquidity in unprecedented volumes and would encourage what Greenspan termed a “revolution in finance,” the Big Wall Street banks responded like piranha devouring a bleeding body.

They created an entire new concept called Asset-Backed Securitization in what soon became trillions of dollars of dodgy new financial assets called MBOs (Mortgage-Backed Securities). The only real collateral behind the new MBS bonds sold by Wall Street was a financial house of cards built by the Big Three credit rating agencies—Moodys, Standard & Poors and Fitch—together with a small group of specialized Wall Street asset insurers who ultimately became insolvent.

The ensuing financial crisis is well-known. The decision of former Wall Street mogul Henry Paulsen to deliberately let a major Wall Street investment bank, Lehman Brothers go bankrupt triggered a global systemic panic that almost brought the world down with it. Since that day in September 2008, the Fed and the European Central Bank have been adding liquidity to financial markets via the big banks to keep the banks solvent, at taxpayer expense.

The consequence of the Wall Street banks’ crisis and the Washington pro-Wall Street response, has been the greatest rate of US Federal debt growth in history. Since the US sub-prime real estate crisis emerged in 2007, US Federal debt has increased by US$ 7.2 Trillion or almost 80% in just five years. Since Bush’s New World Order speech and the end of the Cold War US federal debt has risen by an incredible US$ 13 trillions to an alarming Third World debt-to-GDP level of 104% today. Government debt is growing at a rate of well over $1 trillion annually, and the recent fiscal “chicken game” with Federal debt default in September 2013 and Congress unwillingness to grant a rise in the debt ceiling, have shattered confidence of governments and private investors around the world. As debt burdens force Washington to cut its budget, the footprint of Washington in global politics is also dramatically lessening. Politics, like nature, abhors a vacuum and others are moving to fill the US global political vacuum.

New Coalitions

Paradoically, the post-1991 US pursuit of a de facto global empire, The American Century, as Time-Life publisher Henry Luce named it in a famous 1941 editorial in Life magazine, ii has created precisely what it intended to eliminate. It has spawned the seeds of a multi-polar world, united in opposition to a new tyranny posing as “American democracy.” Nowhere is this better to be seen than in the alignment of both sides over Syria since March 2011 when Washington and NATO launched a full-scale regime change effort to topple Bashar al Assad.

Obama chose to act in the “Arab Spring” through proxies, mindful of avoiding a new Iraq or Afghan debacle. That meant relying on the Islamist regime of NATO member Turkey and Erdogan’s AKP party. It meant relying on Qatar’s Emir Hamad bin Khalifa Al Thani, whose ambitions to dominate the natural gas market to the EU pitted him against Syria. It meant relying on Saudi Arabia, home to the ultra-feudal fundamentalist Wahabite Islamic Royal House. All were Sunni Muslim and, until very recently, it seemed that all backed the fundamentalist Muslim Brotherhood that took power in Egypt in the so-called Arab Spring.

Here a new fault-line in global geopolitics began to emerge, a fascinating one. Defending the minority Alawite regime of Bashar al-Assad, a bitter foe of the Muslim Brotherhood, were Russia’s Putin and China, both UN Security Council veto members who blocked any US attempt to get a Security Council sanction for military intervention into Syria.

Russia’s stake was enormous. Her only Mediterranean naval base, Tarsus, was in Syria, an old Cold War ally. Russia’s entire natural gas geopolitics depended on blocking the Qatar gas domination. Qatar and Iran “share” the same giant gas field in the Persian Gulf. In March 2011, the month the Qataris, Turkey and others launched a full assault inside Syria, Assad had just signed an agreement with Shi’ite Iran and Shi’ite-dominated Iraq to build a gas pipeline from Iran’s Persian Gulf gas field ultimately to the Mediterranean, a direct rival to Qatar. Russia had interest in backing the Iran-Iraq-Syria pipeline.

At that point Qatar, Saudi Arabia and to a degree Erdogan’s Turkey, launched a dirty war to topple the pro-Iran Assad regime. They financed various fanatical Islamic Jihadists who began invading the country from Libya, Pakistan, Afghanistan and even Germany, to die in the name of Holy War. They were for the most part paid mercenaries and ruthless in spreading terror and atrocities, blaming it on Assad’s army.

As the coalition of Russia, Iran and, to a limited degree a more cautious China, dug their heels in, Saudi Intelligence head Prince Bandar, an intimate of the Bush family, was put in charge of toppling the pro-Iran Assad regime. In August 2013 an increasingly desperate Bandar, according to Jordanian journalists inside Syria at the time, provided chemical weapons to the Saudi-financed terrorists in Ghouta, Syria to create a false flag pretext. It was designed to force Obama into a “red line” military intervention in Syria to break the deadlock.iii

As we now know, the world was within a hair’s breadth of a potential World War by early September, pitting Iran, Russia, China, Iraq and Syria against a US-led coalition. The rabid pro-war neo-cons in Washington, urged on by the anti-Iran Netanyahu regime in Tel Aviv, backed a bungling Obama into a dangerous corner where America’s very credibility as a Superpower appeared on the line. The last thing Obama wanted was another hapless US war in the Middle East.


At the last moment, as Deus-ex-machina, Russia’s Putin, who only days earlier had been diplomatically shunned by Obama ostensibly over the Snowden NSA affair, came forward with an OpEd in the New York Times. Putin offered to broker a diplomatic solution by removing Syria’s stocks of chemical weapons. Russia’s Foreign Minister Lavrov openly called US Secretary of State a liar on Syria.

Surprising many, Obama grabbed the offer as a life preserver. War was off the agenda. Saudi Arabia and Israel’s Netahyahu were furious, with the Saudis threatening a new direction away from US satrapy to an as-yet-undefined new alliance.

The Putin initiative, backed by Iran and accepted by Assad, opened the way for Obama to move to the fore open negotiations after 34 years with the new Iranian President Hassan Rouhani.

Those talks, to further Israeli and Saudi anger, resulted in a breakthrough on November 24 in Geneva, the USA pushed through a Six-Power agreement with Iran to resolve the dispute over Iran’s nuclear program, leading to lifting of economic sanctions.

France and Britain were arm-twisted into joining the US, China, Russia and Germany in the historic deal that, ironically boosts the emerging pole of Eurasian power in what I have often referred to as a new “Iran Triangle” of mutual interests between Russia, China and Iran.

As Washington tries under Obama to reign in US military engagements in the Middle East and to an extent Afghanistan, a new power locus around the Shanghai Cooperation Organization—China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan is emerging. Created in 2001 it is defining a new Eurasian economic space. Rail links are being built or expanded creating links from Beijing to Turkey, to Germany and beyond, enabling overland freight transport, creating new growth zones.

Barring World War, which is not to be ruled out, this Eurasian nexus will define the center-of-gravity of the world economic growth for perhaps the next century or more. The new markets will become a magnet attracting EU economies led by the export-hungry Germany.

The political class of the EU in this context is in an existential dilemma of the first order. Its institutions are a relic of the Cold War and US domination. With the US economic power in shambles and its political leadership in question, the EU faces a Scylla and Charybdis challenge. If it hangs on to the post-1945 Atlantic Bridge, she risks economic disaster as the Eurozone depression deepens and Eurasian chances pass them by. If she “goes east” not West, she opens huge new potential markets in the world’s most populous region, Eurasia, but risks alienating the American Superpower.

Epochal change

The next several years in my view will witness epochal change as the world order begun with England’s Industrial Revolution in the mid-1700’s and spreading to North America gives way to new alignments in Eurasia and to an extent in the South led by Brazil in South America.

This new reality in a degree is reflected in the regular dialogue between the so-called BRICS—Brazil, Russia, India, China and South Africa—since 2010. Notable are their mutual efforts to shape their economic destinies independent of the former colonial masters in Europe or of the USA.

A more geographically coherent such new grouping is the geographical space encompassed by the nations of the Shanghai Cooperation Organization (SCO), the Eurasian political, economic and military organisation which groups China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan. Iran, Afghanistan, India, Mongolia and Pakistan have Observer Status in SCO and Belarus, Sri Lanka and Turkey are “Dialogue Partners.”

This SCO grouping of Eurasian nations, when meshed increasingly with President Putin’s developing Eurasian Economic Union, presently the Customs Union of Belarus, Kazakhstan and Russia that came into effect in January 2012, and planned to become the Eurasian Economic Union by 1 January 2015, encompass the greatest economic growth potential on the entire planet.


Ultimately the emergence of independent regional groupings of nations bent on peaceful economic growth and cooperation offers the chance for a more peaceful and prosperous world. Naturally, not everyone is overjoyed at this prospect, least of all the trillion dollar NATO arms industry which faces economic collapse of genuine peace were to “break out.”

Over the twenty years since the end of the Cold War and the collapse of the Soviet Union, I have been privileged to have been invited to Russia, China, Iran and many parts of the former Warsaw Pact, as well as Turkey, Indonesia, Sudan. I have met many responsible academics, military and political elites of those countries. It has become clear to me that the last thing Russia or China or Iran want at this point is a new world war. We have a golden chance to move mankind a significant step closer to a world not ruled by the dogma “might makes right,” but by peace and attempts at mutual cooperation. It would be a refreshing change if we did not squander it as the world did in 1991 when Washington decided not to end the Cold War but to try to control the entire world as a sole Superpower, what I call in my book, Full Spectrum Dominance—Totalitarian Democracy in the New World Order. We have a genuine chance today to build a “New New World Order” based on social justice and peaceful development of our planet.


i George H. W. Bush, Address Before a Joint Session of Congress on the End of the Gulf War (March 6, 1991), accessed in http://millercenter.org/president/speeches/detail/3430.

ii Henry R. Luce, The American Century, LIFE magazine, 17 February 1941, accessed in


iii Phil Greaves, The Syria Chemical Weapons Attack and the Role of Saudi Intelligence. The Mint News Report

New MintPress Statement Reveals Saudi Pressure on Reporter, GlobalResearch, November 23, 2013, accessed in


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F. William Engdahl

F. William Engdahl is strategic risk consultant, author and lecturer. He is author of the best-selling book on oil and geopolitics, A Century of War: Anglo-American Oil Politics and the New World Order. It has been published as well in French, German, Chinese, Russian, Czech, Korean, Turkish, Croatian, Slovenian and Arabic. In 2010 he published Gods of Money: Wall Street and the Death of the American Century, completing his trilogy on the power of oil, food and money control.

Mr. Engdahl is one of the more widely discussed analysts of current political and economic developments, and his provocative articles and analyses have appeared in numerous newspapers and magazines and well-known international websites. In addition to discussing oil geopolitics and energy issues, he has written on issues of agriculture, GATT, WTO, IMF, energy, politics and economics for more than 30 years, beginning the first oil shock and world grain crisis in the early 1970's. His book, ‘Seeds of Destruction: The Hidden Agenda of Genetic Manipulation has been translated into eight languages. A new book, Full Spectrum Dominance: Totalitarian Democracy in the New World Order describes the American military power projection in terms of geopolitical strategy. He won a ‘Project Censored Award’ for Top Censored Stories for 2007-08.

Mr. Engdahl has lectured in economics at the Rhein-Main University in Germany and is a Visiting Professor in Economics at Beijing University of Chemical Technology.

After a degree in politics from Princeton University (USA), and graduate study in comparative economics at the University of Stockholm, he worked as an independent economist and research journalist in New York and later in Europe, covering subjects including the politics of energy policy in the USA and worldwide; GATT Uruguay Round trade talks, EU food policies, the grain trade monopoly, IMF policy, Third World debt issues, hedge funds and the Asia crisis.

Engdahl contributes regularly to a number of international publications on economics and political affairs including Asia Times, FinancialSense.com, 321.gold.com, The Real News, Russia Today TV, Asia Inc., GlobalResearch.com, Japan's Nihon Keizai Shimbun, Foresight magazine. He has been a frequent contributor to the New York Grant'sInvestor.com, European Banker and Business Banker International and Freitag and ZeitFragen in Germany, Globus in Croatia. He has been interviewed on various geopolitical topics on numerous international TV and radio programs including Al Jazeera, CCTV and Sina.com (China), CCTV (China) Korea Broadcasting System (KBS), and RT Russian TV. He is a Research Associate of Michel Chossudovsky’s well-respected Centre for Research on Globalization in Montreal, Canada and member of the editorial board of Eurasia magazine.

Mr. Engdahl has been a featured speaker at numerous international conferences on geopolitical, GMO, economic and energy subjects. Among them are the Ministry of Science and Technology Conference on Alternative Energy, Beijing; London Centre for Energy Policy Studies of Hon. Sheikh Zaki Yamani; Turkish-Eurasian Business Council of Istanbul, Global Investors’ Forum (GIF) Montreaux Switzerland; Bank Negara Indonesia; the Russian Institute of Strategic Studies; the Chinese Ministry of Science and Technology (MOST), Croatian Chamber of Commerce and Economics.

He currently lives in Germany and, in addition to teaching and writing regularly on issues of international political economy and geopolitics, food security, economics, energy and international affairs, is active as a consulting political risk economist for major European banks and private investors. A sample of his writings is available at Oil Geopolitics.net


  1. A first and urgent step to be taken towards establishing a just world order, one based on fully sovereign, independent nations, is to reign in Israel and to closed down Israel’s myriad destabilizing operations across the globe but especially in the United States itself. Part of reigning in Israel means to bring it to account for its many crimes against the Palestinians, the middle east in general, Israel’s role in Georgia and in destabilizing Turkey, not to mention 9-11.

  2. Very good article. Good that Obama did not get sucked completely into this New World Order of Bush and friends. He now has the opportunity to join the relatively sane and rational of us who want peace to break out and not pit one against another for selfish gain at the cost of ordinary civilians, and of course us grunts who have marched off to the patriotic false flags of past wars.

  3. Perhaps Mr. Engdahl or readers here can help me understand something. Am I correct in understanding that QE by our Federal Reserve is not only cleansing the balance sheets of toxic perhaps fraudulent “assets” and “securities”, but at the same time indebting future American taxpayers with new debt plus interest? I hope I am wrong. Is QE really new debt issued by our Fed and Treasury to bailout bank that should have failed long ago? If I am right, then the definition of capital has changed and capitalism is not the same. Capital then becomes debt created out of thin air, to buy fraudulent securities back from banks, so they can survive, all the while, unbeknownst to the American tax payer, that it is done with new debt on which we not only have to repay, but with interest. Am I to trust my own judgment in these matters? Correct me please. Capital then it would seem is created by stealing a credit card and running up the debt balance.

    • Restated, is QE debt? If it is, then it is borrowed by Congress and the US Treasury, backed with the credit capacity of the US taxpayers, paid to the member banks of the private Federal Reserve by the Federal Reserve, and repaid by the income taxes of the US taxpayer plus interest. Wow. I just blew my own mind.

  4. I do hope you are right about the NWO. I have set and listened to the portion of this speech repeatedly, and it still nauseates me. I sit and look GHW, and gag. We should’ve impeached him, Clinton, and the son as well as Oblunder. They would never get away with what they have if We the People were, We the Courageous and Brave. This is OUR country. Good read! Thank you.

  5. Gail Evans has a good link about Mother Agnes Mariam el-Salib, who told the truth to the UN about the “sarin gas” videos in Syria.

  6. Though I find some hope in the words of this article, I think it sorely lacking insight of the deeper geopolitics of the so-called “new” NWO. By now we should all know that the sovereignty of nations is highly subject to the manipulation and coercion of the global banking cartel in which the geographic separation of nation-state means little. This article, though addressing banking empire in the beginning, entirely ignores this overarching monetary phenomenon in the ensuing section, “New Coalitions”. Since these monetary forces work behind the scenes in deceptive ways, the simplistic relationships of “nation-state” alliances and oppositions are no longer sufficient, and have proven a ruse for public consumption for the purpose of confusion and misdirection.

    I would ask that the author do a follow-on article to address these “new coalitions” by explaining the structure of monetary control of world markets at play. Is it not true that the current World Bank and International Monetary Fund perpetrators have massive control of the political machinations of these “new coalitions”? Are these “new coalitions” yet another means for creating controlled opposition by which the current controllers of world resources exercise the Hegelian dialectic for further resource domination?

    • My reaction as well, addressing the banking cartel and then dropping it. The new coalitions appear to be real enough and represent the cabal’s strategy once they’ve destroyed the real animus of their hatred and obstacle to their racist-supremacist plans for worldwide hegemony, which is America (and what’s left of Europe).

      An article on Lew Rockwell today, Wednesday, makes it clear the Fed has been stealing the wealth of all Americans to pay for the JWO, as if the appointment of an Israeli governor of its central bank to be the de facto head of ours doesn’t make the point clear enough. There is no recovery, over 20% and not 9% of working-age Americans are unable to find any sort of job, over 50,000 of our factories have been relocated overseas, and the savings of a nation expropriated to both bring about this new arrangement while simultaneously exhausting the US economy and military before tossing the American experiment in the trash bin of history. How does it feel to be a member of Congress or high ranking military officer and grab your ankles every day to do do the bidding of your country’s only real enemy?

    • Shalom ! — “Hegelian Dialectic”, concerning “spiritual Knowledge & Notions”, has “absolutely NOTHING in Common” with “K. MARX’s “Dialectical MATERIALISM”, “which ignorant Intellectuals like to confuse” , and “you are talking about” !

    • Shalom ! — “Hegelian Dialectic”, concerning “spiritual Knowledge & Notions”, has “absolutely NOTHING in Common” with “K. MARX’s” — “Dialectical MATERIALISM”, which “ignorant Intellectuals like to confuse”, and “You are talking about” !

  7. “Barring World War, which is not to be ruled out, this Eurasian nexus will define the center-of-gravity of the world economic growth for perhaps the next century or more.”

    —–Not a bad idea, since USA could not control Israel-Zionists & Isral-Firsters, we will have Eurasian nexus do it for us, (with the exception for the New Menace Abe the PM of Japan). It will help us getting off Israel from being dependent on USA, and finally getting our economy in order without shipping (our tax $) to Israel & its friend.

    —–As for WW3 anyway, unless Israel is somehow and controlled by countries like Eurasian nexus, Israel the “Evil Empire” the out of control, and the most hated country in the World will start WW3.

  8. Naturally, not everyone is overjoyed at this prospect, least of all the trillion dollar NATO arms industry which faces economic collapse of genuine peace were to “break out.”

    Wouldn’t that be a hoot, if peace were to break out? That would mess up a lot of plans, wouldn’t it?

    We can only hope. Thanks for a great article.

  9. Here is a very, very detailled map, done by some french people (it’s in english) about the overall structure of the planned NWO, as it developed over the decades.

    >> http://pravdatvcom.files.wordpress.com/2014/01/nwo-blueprint.pdf

    You might be overwhelmed at the beginning. Simply digging through this profound pdf-art/graphic/doc and reading all the details and connenctions is a time consuming task, but at the end one has more than simply a rough understanding on how tight the net of organizations is biult up.

    This is by far the most detailled overview in one single document, I’ve ever saw. It seems, “they” – as former Comintern founder Rakovsky used to call them – are very proud of their achivements, but as we now better see through all this enormous structure, we can begin to tear it down, part by part, in every country were “they” exist.

    Thanks, Mr. Engdahl, for this timely and well written article.

  10. Bush Sr. made at least TWO famous NWO speeches in front of a joint session of Congress. To me, and to Google too, the more famous one is the one he made on Sept. 11, 1990. Yes, exactly 11 years before the 9/11 attacks. This speech, during Desert Shield, is a bookend with the March 6, 1991 after-war speech. They should be studied together. Link to the speech at the George Bush Library:

    1990-09-11, GHWB.
    Address Before a Joint Session of the Congress on the Persian Gulf Crisis and the Federal Budget Deficit
    “We stand today at a unique and extraordinary moment. The crisis in the Persian Gulf, as grave as it is, also offers a rare opportunity to move toward an historic period of cooperation. Out of these troubled times, our fifth objective — a new world order — can emerge: a new era — freer from the threat of terror, stronger in the pursuit of justice, and more secure in the quest for peace. An era in which the nations of the world, East and West, North and South, can prosper and live in harmony. A hundred generations have searched for this elusive path to peace, while a thousand wars raged across the span of human endeavor. Today that new world is struggling to be born, a world quite different from the one we’ve known. A world where the rule of law supplants the rule of the jungle. A world in which nations recognize the shared responsibility for freedom and justice. A world where the strong respect the rights of the weak.”

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