Facing the Coming Crash of the Financial System

Facing the Coming Crash of the Financial System

Click here for Full Issue of EIR Volume 32, Number 30, July 29, 2005 EIRBerlin Seminar Facing the Coming Crash Of the Financial System EIR’s June 28-29 seminar in Berlin brought together distin- follow-up presentation by Jacques Cheminade, the LaRouche guished representatives of 15 nations, to discuss what had to movement’s chief representative in France. be done to address the coming crash of the world financial system. In the keynote to the meeting, Lyndon LaRouche The Global Overview stressed not only the nature of the worldwide reorganization While EIR is working toward producing an English- that was required, but made a sharp polemical point about the language proceedings of the conference as a whole, we con- fact that it is from the United States, despite the character of sider it a priority to provide our readers with all the major the current occupants of the White House, that the positive presentations, which often dealt with the economic and strate- change has to be initiated, and soon. gic problems being faced in Eurasia, and with Lyndon After reviewing the history of the founding of the United LaRouche’s response to those presentations, as soon as pos- States, based on the best republican principles developed in sible. Europe, LaRouche put it this way: “So therefore, the United So far, we have published the speeches of LaRouche States is crucial, in this respect: The United States is crucial, (July 8); Helga Zepp-LaRouche (July 15); Italian parliamen- because we have an economic system which is not the so- tarian Mario Lettieri (July 15); Russian parliamentarian called capitalist system. The United States is not a capitalist Sergei Glazyev (July 15); China’s Dr. Dingo Dou from the economy! The United States is a system based on what’s School of International Studies at Beijing University (July called the American System of political economy, which was 22); India’s Maj. Gen. Afsir Karim (ret.), currently editor created in opposition to Anglo-Dutch Liberalism!” of the strategic magazine Aakrosh (July 22); and China’s Several times in the course of the discussion, LaRouche Dr. Song Hong, senior research fellow at the Chinese Acad- addressed the question of how this can be done, under current emy of Social Sciences, Institute of World Economics and circumstances, putting significant emphasis upon the U.S. Politics (July 22). Senate’s defeat of Vice President Cheney’s attempted coup Over the next week or two, the remaining contributions d’e´tat in late May. from Eurasia will be presented, including two speakers from Later on in the seminar, two panelists from the United Russia (Dr. Stanislav Menshikov and Dr. Yuri Gromyko); States, Dr. Clifford Kiracofe and Jeffrey Steinberg, made pre- Mr. Chandrajit Yadav of India; and Dr. Muhammad al-Sayed sentations which provided the guests a more in-depth view of Selim, director of the Center for Asian Studies, Faculty of both the historical basis for anticipating a positive change in Economics and Political Science in Giza, Egypt. the U.S. situation, and way in which LaRouche’s own influ- In addition, the seminar received a number of written ence had helped to realize this change over the recent six contributions on the topic of the global financial and strategic months. We present these speeches below. crisis, which will be included in the Proceedings, and in While we previously published the contribution of Helga EIR as well. These include papers by economist Dr. Nino Zepp-LaRouche, who addressed the LaRouche movement’s Galloni of Italy, and Dr. Kim Young-Chul, professor in intervention in Europe, toward the overall achievement of a the Department of Economics at Keimyung, in the Republic new monetary system, in this week’s edition we provide the of Korea. 66 Berlin Seminar EIR July 29, 2005 © 2005 EIR News Service Inc. All Rights Reserved. Reproduction in whole or in part without permission strictly prohibited..

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