Posts Tagged ‘exchange rate’

do you believe this comment by Lyndon H. LaRouche, Jr.?

Come back to reality! The present international financial systems can not be rescued! It is now too late for an attempt to rescue those markets themselves; they are far, far gone, and could not be brought back to life in their present form. Our only sane alternative, is to effect the continuity of day-to-day, physical-economic life of the planet, through a process of reorganization in bankruptcy: a reorganization which brings forth a global fixed-exchange-rate credit-system, freed from the carcass of a ruined, lunatic, floating-exchange-rate monetary-system.

Technorati Tags: , , , , , , ,

-->