EIR Volume 19, Number 2, January 10, 1992

Are we facing a weather disaster, or is it just media psychosis? Part 1 of a series of excerpts from a forthcoming book by German meteorologist Gerd R. Weber.

Economics

Russian Economic Debate Needs LaRouche Program

by Denise Henderson

With price controls lifted on Jan. 2, under the influence of Jeffrey Sachs and the Harvard “free-trade” mafia, and with organized crime having a heyday, everything is set for an explosion. Lyndon LaRouche urges the “Minsk Community” nations to rapidly enact currency reforms.

How the Economy of Bolivia Became Addicted to Cocaine

by Dennis Small

Jeffrey Sachs’s first “success story.”

Foreigners Are Not To Blame for GM Crisis

by Marsha Freeman

BCCI Plea Bargain a Shameful Coverup

by Jeffrey Steinberg and Scott Thompson

Unicef Report: 250,000 Children Die Each Week

by Kathleen Klenetsky

Where Do We Get the Money To Pay for Great Infrastructure Projects?

by Frank Hahn

Frank Hahn of the Schiller Institute in Germany traces the historical roots of the system of state credit creation: anathema to the flea marketeers.

Currency Rates

‘Shock Therapy’ Formulas Have Ruined the Bulgarian Economy

by Dr. T. Nikolov

A speech by Dr. T. Nikolov of the Institute of the World Economy in Bulgaria, to a conference of the Schiller Institute.

Business Briefs

Feature

Save-the-Banks Swindles Destroying the U.S. Economy

by Marcia Merry

All told, in 1991, the federal government seized banks and thrifts with a total of $151.7 billion in assets. The taxpayer is footing the bill for the bailout, and is told that the “recovery” is just around the corner. Yet day by day, the crisis gets worse. The time has come for a change in policy.

FDIC Figures Show U.S. Banking System Is Hopelessly Bankrupt

by John Hoefle

Analysis of the government’s own statistics leads to quite a different conclusion than the spin-doctors from the Treasury Department and the Federal Reserve.

The LaRouche Record on the Banking Crisis

International

Why Recognition of Croatia Was Postponed

by Umberto Pascali

The diplomatic arm-wrestling goes on behind the scenes, and the Anglo-Americans are doing everything to prevent Germany from flexing any independent political muscle. Meanwhile, at Christmas, entire communities in Croatia were being wiped off the map.