ISDEI Instituto de Seguridad, Defensa y Estudios Internacionales

 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.”1 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 globalisation strategy is in a shambles and the outlines of possible alternative orders are slowly emerging. 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 “globalisation.” The Clinton presidency from 1