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Lyndon LaRouche addressed a private luncheon on Jan. 30.
...We are now in a world situation, which is comparable to what happened to Germany, in the period 1919-1921-1923. And most recently, the absolutely stupid mistake, by the U.S. Federal Reserve System, and government, including members of the Congress, led by Congresswoman Nancy Pelosi—that this has triggered the beginning of a steep hyperinflationary situation, not only in the dollar, but in the international financial system. If this were to continue, without change, as a policy trend over the coming months, we would have a global situation, a chain-reaction process, which would end up much like the 1923 crisis in Germany.... |
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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
LaRouche on Hyperinflationary Crisis:
We Have the Potential To Defeat the Threat of Fascism Today
Lyndon H. LaRouche, Jr. addressed a private luncheon on Jan. 30. He began by showing a video that dramatized how hyperinflation, like that in Weimar Germany in 1922-23, is beginning to take off now, internationally. If this were to continue without change, he said, we would have a global chain-reaction process, which would end up much like the crisis in Germany that led to Hitler. LaRouche vowed, 'Hitler shall not come again!' The only way to avoid a precipitous collapse, which would open the way for fascism, is for the United States, Russia, China, and India to be brought together as national forces, and agree to reorganize the bankrupt financial system.
Strategy
A World System in Collapse!
In response to an article by Russia's General-Colonel Leonid Ivashov, Lyndon LaRouche writes that the entire planet is in the grip of a general breakdown-crisis, from which no nation can escape. LaRouche describes the origins of the oligarchic forces which got the world into the present untenable situation, and explains how the crisis can be solved, with a new international fixed-exchange-rate monetary system and the creation of credit for specific major, long-term development projects, within and among nations, in a nested set of agreements labelled 'the common aims of mankind.'
Hooray for the Global Crisis!
General-Colonel Leonid Ivashov, in this article published in Russia, refers to Lyndon LaRouche's warning of the ongoing financial collapse, and LaRouche's call for the U.S. government to put its own financial system through bankruptcy.
Economics
Foolish Fed's Rate Cut Pumps Hyperinflation
The panicked reaction of the Federal Reserve to cut interest rates twice was the wrong thing to do. It is trying to save a system that cannot be saved. Such actions will lead the nation and the world into a Weimar Germany-style hyperinflationary blowout.
The Dam Has Broken!
Only LaRouche's Measures Can Avert Catastrophe
Helga Zepp-LaRouche, reporting from Germany, says that the international financial system is hopelessly bankrupt. Despite the clinical denial of reality by the Berlin government, the dam has broken.
U.S. and China Must Work Together, Chinese Official Tells Washington
Chinese Vice Minister Li Zhongjie, deputy director of the Chinese Communist Party History Research Office, addressed a Washington audience.
Fake Chinese Records Used To Back Warming
If We Change the System Now, We Can Save Civilization
Lyndon LaRouche was interviewed on Quito, Ecuador radio, along with Pedro Páez, Ecuador's Minister for Economic Policy Coordination.
Business Briefs
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