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The presently existing global financial and monetary system will disintegrate during the near term. The collapse might occur this spring, or summer, … - Lyndon LaRouche
" "The presently existing global financial and monetary system will disintegrate during the near term. The collapse might occur this spring, or summer, or next autumn; it could come next year; it will almost certainly occur during President William Clinton's first term in office; it will occur soon. That collapse into disintegration is inevitable, because it could not be stopped now by anything but the politically improbable decision by leading governments to put the relevant financial and monetary institutions into bankruptcy reorganization.
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About Lyndon LaRouche
Lyndon LaRouche (September 8, 1922 – February 12, 2019) was an American political activist, writer, and conspiracy theorist. He founded several political organizations in the United States and elsewhere, cumulatively referred to as the LaRouche movement. He was a perennial candidate for President of the United States, running eight times between 1976 and 2004.
Also Known As
Birth Name:
Lyndon Hermyle LaRouche Jr.
Alternative Names:
Lyndon Hermyle LaRouche, Jr.
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Lyndon Hermyle LaRouche
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Lyndon LaRouche, Jr.
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Additional quotes by Lyndon LaRouche
During late Autumn 1956, in connection with a marketing study, I forecast the imminence of a major U.S. economic recession, triggered by the over-stretching of a post-1954 credit-bubble centered in financing of automobiles, housing, and analogous consumer goods. This recession broke out in February 1957 statistics, and was generally, if reluctantly acknowledged to have occurred several months later. The recession-spiral lasted into mid-1958, and was followed by a prolonged stagnation until an upturn appeared under the Kennedy administration.
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