|
.
|
|
|
|
 |
|
|
| ...Well, as you know, since July, the 25th-27th of July of 2007, I had warned that we were headed into a general breakdown crisis of the world financial-monetary system, and the economic system. Three days later, after that announcement, the beginning of the breakup of the world monetary-financial system occurred. It occurred in the form of the dropping out of the mortgage market in the United States, that is, the home mortgage market. And this spread quickly internationally. Now, another thing happened at the same time: There was a fundamental shift in the world economy, because, as you know by now, having seen the Triple Curve, you know that the world economy is governed presently, by a global, Triple Curve function. Forget all the forecasts by the Wall Street crowd, the statisticians: They're all incompetent, and they're always wrong. They have always been wrong, and will be wrong, because they use a wrong method. They use statistical forecasting based on accounting characteristics, and that does not determine the way economies function... |
|
|
|
|
|
|
|
|
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." |
|
This Week's Cover
- LaRouche Webcast:
The Great Change of 2009
LaRouche stated in his Nov. 11 webcast that the present world system, including the U.S. economy, is doomed to an inevitable, early, total collapse, unless we change the policy now! The United States is on the verge of disintegration, he said, and there will be no recovery unless we change the present policies of the Obama Administration now. And any American who's supporting Obama and his environmentalist, health-care, and military policies, is supporting the destruction of the United States. The only solution, is a Four-Power agreement, prospectively, among the United States (with a change in the current Administration's policy), Russia, China, India, and some smaller countries which would be willing to participate. Such an alliance would represent sufficient power to bring down the present world monetary system and institute a new credit system.
Science
- What Your Accountant Doesn't Know:
The Science of Society
by Lyndon LaRouche
All other economists have been wrong, and the world economy continues to spiral down, because nations have refused to make the policy-shaping changes which LaRouche emphasizes here. He writes that the goal must be the development of the physical economy, and to do that, the monetarist system must be abandoned, and replaced by a fixed-exchange-rate credit system, in which credit is primarily used to support the fruitfulness of the productive powers of labor in all sovereign republics.
Economics
- Globalization Is Destroying the U.S. Economy
By following the globalization model, based on a neo-colonialstyle monetarist looting system, the United States and the world have undergone a profoundly destructive shift away from physical production and selfsufficiency. The economy is dying, and the productive labor force has been decimated.
|
|
|
All rights reserved © 2009, EIRNS
|
Subscribe to EIR Online
For all questions regarding your subscription to EIR Online, or questions or comments regarding the EIR Online website's contents or design, please contact eironline@larouchepub.com.
|
|
|
