Thirty-seven years ago, Lyndon LaRouche saw the present collapse of the financial system as inevitable, after George Shultz, on Aug. 15, 1971, set into motion the creation of the largest financial bubble in history, by persuading President Nixon to end the Bretton Woods system. The Anglo-Dutch system is now collapsing as a result of its own cannibalistic policies.
On March 17, 2008, LaRouche issued this call for action, listing three essential measures which must be taken more or less immediately, before the situation in the U.S.A. and western Europe becomes hopeless.
LaRouche's Ninth Forecast:
The Coming Disintegration of Financial Markets
In this article, which first appeared in EIR, June 24, 1994, LaRouche reviewed his first eight economic/financial forecasts, and delivered a ninth. This is the record which all serious legislators must master in dealing with the current crisis. Appendix: LaRouche's Nine Economic Forecasts.
The System Disintegrates:
From 1994 to Today
The global breakdown crisis entered a new phase, less than a year after LaRouche issued his Ninth Forecast.
Three documents elaborate LaRouche's "Three Steps for Survival."
The debate in Italy about the need for a New Bretton Woods to solve the financial collapse, is beginning to be picked up elsewhere in Europe. In numerous articles and interviews, former Italian finance minister Giulio Tremonti is saying that "the time has come to substitute the present disorder with a new global order," referring to the original Bretton Woods system. "There is no local solution," he states. "This is a global question and there is only a global solution: a new Bretton Woods."
Excerpts from an interview with La Repubblica.
`I Like LaRouche's HBPA':
It Puts Citizens First
An interview with Alfonso Gianni, Undersecretary for Economic Development in the outgoing Prodi government in Italy.
Gianni: Replace Maastricht
with a New Bretton Woods
Excerpts from his article in Liberazione.
Senator Lidia Menapace:
World Faces Worst Crisis Since Weimar
Senator Oskar Peterlini:
A Global Financial Conference Is Urgent
Do not look for local causes, or event-driven explanations for the outbreaks of chaos and violence throughout Eurasia and elsewhere. We are witnessing a top-down, London-orchestrated confrontation, aimed at igniting such chaos around the globe, to maintain oligarchical control as the world financial system blows out.
Taiwan Votes for China Against the British
Alfonso Gianni is Undersecretary for Economic Development in the outgoing Prodi government in Italy, and was among the signers of the New Bretton Woods resolution in the Italian Chamber of Deputies in 2005.
LaRouche Was Right!