THE END OF FREE TRADE: REVOLT BEGINS AGAINST BRITISH POLICY(LAROUCHEPAC)

by Helga Zepp-LaRouche

Not a moment too soon, a group of seven former European heads of state, five former finance ministers, and two former presidents of the European Commission, including former EU Commission head Jacques Delors, former French Prime Minister Michel Rocard, and former German Chancellor Helmut Schmidt, have gone public with an open letter to the EU Presidency and the EU Commission. They warn that the systemic collapse of the global financial system–a collapse which had been foreseen by “farsighted individuals”–brings with it the threat of unprecedented poverty, the proliferation of “failed states,” migration of entire populations, and further military conflicts. The financial world, they argue, has accumulated a massive amount of “fictitious capital” (!), with very little improvement for humanity. Among the immediate countermeasures they propose, is creation of a European Crisis Committee, and the convening of a world financial conference to “reconsider” the current international system and the globalized world order. Read the rest of this entry »