Larouche Online Almanac
Published: Monday, June 17, 2002
Today is:
Volume 1, No.15

LaRouche Assessment: — Late-Summer Financial Blowout — Means Danger of General War

This week, travelling to Sao Paolo, Brazil for a series of high-level meetings, Lyndon LaRouche offered his assessment that the world is facing, in the immediate weeks ahead, a period of increased political and financial turbulence, in which it will become impossible to manage the financial/economic system. LaRouche expects that this period of turbulence cannot go much beyond late August, September, or, at the latest, October—and that therefore, we will likely be seeing some horrible military adventure by that time.





The Anglo-American financial establishment has exhausted all financial and monetary policy options, and they know that they can't maintain the fakery around the exploding economic system much longer.

Driving this process is the fact that the world is in a new phase of the global financial bubble, a phase that began in 2000, wherein the cost of rolling over the debt, far exceeds the debt itself—exactly as was the case in Weimar Germany in 1923, the period of astronomical hyperinflation and the pauperization of an entire people, within a matter of months.
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World and Nation-state


photo credits: EIRNS/Steve Meyers

Lyndon LaRouche shown during his trip to Brazil the second week in June; he arrived just as the country's financial collapse became catastrophically acute.

Left: Helga Zepp-LaRouche
Lower: Sao Paolo Presentation

FLASH!

Brazil Finds Best Message — To the United States: LaRouche

In the wake of their trip to the United Arab Emirates, U.S. Presidential pre-candidate Lyndon LaRouche and his wife, Helga Zepp LaRouche, visited Brazil in the second week of June, invited by the São Paulo City Council, so LaRouche could be made an honorary citizen of the city. Other Brazilian institutions also jumped at the opportunity to hold first-hand discussions with the American statesman respected worldwide as a true American patriot, who dares stand up for all mankind.

Their trip proved timely. As they arrived, Brazil's financial house of cards began collapsing upon itself, repeating, like a horror movie re-run, the essential features of the implosion of the financial system of Brazil's neighbor Argentina, just a year ago.

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In Depth

Socrates

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Spannaus Files for Senate With Debt Warning

'Fannie and Freddie Were Lenders': U.S. Real Estate Bubble Nears Its End

Bush's New Strategy: Unilateralism Run Amock

IMF drives Brazil to Default

German States Plunge Into Budget Emergency

Bush Rebuffs Arabs and Courts Mideast Disaster

At Abu Dhabi, Dialogue Of Civilizations

India-Pakistan Tension Reduced, But Threat Of War Remains

Pentagon/Justice Take Police State Moves, as LaRouche Warned

Arizona Mystery: McCain, theMob, And the Democrats

Australia Dossier: Fascist Laws Up for Vote

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