This article appeared in the October 16, 1998 issue of Executive Intelligence Review. by Lyndon H. LaRouche, Jr. October 4, 1998 Very soon, the doomed, present international financial system will disintegrate. It can not be managed, or repaired; its doom is certain, and soon. We are already in the final phase of its destruction. This destruction will occur either in […]

by Lyndon H. LaRouche, Jr. The world’s nations are presently burdened by what is fairly estimated to be much more than $100 trillions nominal value of combined on-balance-sheet and off-balance-sheet “derivatives” and kindred, fictitious financial instruments. This mass of fictitious paper is now collapsing in upon the world’s financial and monetary institutions. Unless that mass of fictitious claims is wiped […]