Today marks 11 years since Al Qaeda flew planes into the towers of the World Trade Centre in New York and made the US aware that it was not safe on its own soil. Sad to say, the US has used the attacks down the years to curtail freedoms for its own residents.<\/p>\n
All kinds of ridiculous curbs have been put in place; fear has been used time and again to restrict the lives of ordinary citizens, with the government all the while claiming to be doing so in the cause of freedom.<\/p>\n
With the death of Osama bin Laden in 2011, the US has been claiming that it has emerged victorious over the attackers. But is that really the case?
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\nBin Laden’s stated goal behind the attacks was to hit the US economy in such a way that it would lose its clout. In that, Al Qaeda has succeeded to a remarkable extent.<\/p>\n
After the attacks on September 11, 2001, the US economy tanked as money flowed out of the country. In order to push things along, interest rates were lowered and a flood of cheap money hit the streets. This money was used to build up a housing boom, much of it being loans to people who could not afford them.<\/p>\n
The US also undertook an invasion of Iraq, a foolish move that began bankrupting the country. Billions have been spent in Iraq and also in Afghanistan, both missions mounted in reaction to the 2001 attacks.<\/p>\n
Seven years after the attacks, the global financial crisis manifested itself, with the collapse of Lehman Brothers. The US is now technically bankrupt. It has a national debt close to $US16 trillion.<\/p>\n
So who has the better claim to being the victor?
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