Statement issued by the Schiller Institute, October 21, 2009, updated November 1, 2009.
The hour of truth has come. The same zombie banks that have
driven the world economy to the brink of total chaos, and
deprived hundreds of millions of people of the means of
existence, that have shifted the costs of the destruction onto
the taxpayers, and saddled the public budgets with astronomical
debt, are at it again, engaging in high-risk operations and
paying mega-bonuses to their managers. ...
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| LaRouche uses his Triple Curve graphic, shown above, to demonstrate how he was able to forecast the present collapse of the globalized monetarist system, which is now reaching a critical point of instability. LaRouche's Dual Curve, below, without the dominant monetary component, shows how the U.S. Constitutional credit system should work. LaRouche is proposing such a credit system as the basis for a new economic system to replace the bankrupt IMF. This is the only way to avoid a world-wide economic collapse. |
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Felix the Fixer
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