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🔗 Source: larouchepub.com
📊 Size: 179 KB
👤 Author: Lyndon H. LaRouche, Jr.
⬇️ Downloads: 321

Summary

Lyndon H. LaRouche Jr. predicts a global financial crisis by October 1987, citing warnings from European financial officials and the Reagan administration's continuation of flawed international monetary policies. LaRouche believes the crisis will cause enormous suffering and could lead to a worsening economic situation, but may also prompt governments and citizens to awaken to reality. The forecast is based on the assumption that the US government will continue its current policies, which could lead to a loss of confidence in the US dollar and a subsequent crash. LaRouche cites examples such as Egypt's loan from the "Club of Paris" and the US support for IMF "conditionalities" policy, which have led to a collapse of US exports and an increase in trade deficits. He also notes that the growth of consumer debt has reached a saturation level, and that the prices on the world's stock exchanges are unjustified, making a collapse of the financial system likely.

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Lyndon H. LaRouche Jr.

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  • File Format: PDF
  • File Size: 179 KB
  • Pages: 2
  • Language: EN
  • Author: Lyndon H. LaRouche, Jr.
  • Total Downloads: 321
  • Last Updated: 4 weeks ago

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