Lyndon LaRouche says The Transatlantic System is Doomed (and You Know It)

LaRouche: The Transatlantic System is Doomed (and You Know It) | LaRouchePAC

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20160630-larouche-system-doomed.pdf

 In
discussions on Thursday with his Policy Committee and other colleagues,
Lyndon LaRouche emphasized that the current financial system is
breaking down, and the system, as a system, cannot survive.  The major
financial institutions, including the central banks, are hopelessly,
irreversibly bankrupt.  LaRouche noted that, while there is a terrible
possibility of war, driven by the desperation of those circles whose
power derives from the current financial system, much of the threats
coming from the mouths of Barack Obama and some NATO officials are
really all bluff.  The threats they are issuing against Russia and China
do not work.

Nevertheless, that meddling, both on the financial and war fronts, can
lead to a serious collapse that mankind is not ready to deal with.

This week, both the International Monetary Fund and the Bank for
International Settlements issued reports spelling out the systemic
disintegration of the entire trans-Atlantic financial system.  Lending
by banks, throughout the advanced sector, has collapsed altogether. 
There is no capital flow into the real, productive economy, according to
the data produced by the BIS.  The IMF has issued a dire warning that
Deutsche Bank is about to explode, and this alone could trigger a
systemic crisis.

As NATO officials finalize plans for the July 8-9 heads of state summit
in Warsaw, Poland, the frenzy against Russia is building up even
further.  On Wednesday, President Obama was in Ottawa for his final
summit with his Canadian and Mexican counterparts.  He used the occasion
to launch into a tirade against Russia, practically begging Canada to
dispatch a combat battalion to the Baltic States.

Counter-pose this madness with the extraordinary Schiller Institute conference
that took place last weekend in Berlin, where leaders from four
continents came together, to take up the question of a new paradigm of
thinking to get the world out of the present existential disaster.

As both Lyndon and Helga LaRouche emphasized during the weekend
proceedings in Berlin, what is urgently needed is a revolutionary shift
in thinking, focused on building a future of cooperation among sovereign
nations and integrated regions of the world.  China’s One Belt, One
Road program is paradigmatic of the kind of new thinking that must be
adopted by leading citizens of the world.

The current system is dead and cannot survive for very much longer.