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| ...Now, from the standpoint of the financial system itself, the present world situation is hopeless; from that standpoint, a new dark age were now inevitable {unless we change the system itself.} How soon? Who knows? What we can know, is the way we have already entered the current end-phase of that inherently failed system, a system which President Richard Nixon created in 1971-1972, a system which is soon to be gone forever, in one way or another.... So, the conditions are ripe, and the time is "about now." As Wall Street used to say: The Bulls and Bears might survive, but the hogs who go to market now will be slaughtered. However, from my standpoint, as an economist who adheres to that American System of political-economy which Nixon's crowd violated, there is still a potential escape-hatch which could open the way to recovery, if we seize that option now.... |
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March 23, 2007
—EIR News Service announced the publication of The Anatomy of Russian Capitalism, by Professor Stanislav M. Menshikov.
Translated from the Russian by Rachel Douglas, the book is an authoritative study of the Russian economy during the first 15 years after the break-up of the Soviet Union. The Preface, by EIR founder and contributing editor Lyndon LaRouche, titled, "Russia's Next Step," poses the need for U.S. policy-makers to study and grasp the "disease" presented in this book, since it represents "an economic global pandemic which we must all join to defeat." |
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Feature
The Rules of Survival
by Lyndon H. LaRouche, Jr.
From the standpoint of the financial system, the present world situation is hopeless. To survive, we have no choice but to change the system itself, the way Franklin Roosevelt restored the American System of political-economy, in what Winston Churchill correctly saw as a threat to the British Empire. The central feature of this report is the subject of those changes required, to 'get us through the crisis, leaving the emptied hulk of the failed financial system itself behind us.'
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