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Threat number 1. The disintegration of the world-financial system.This is the most immediate threat. According to all indications, it will happen in 1996. The bases are loaded. As 1995 draws to a close, Japan is struggling under a severe recession and a banking crisis that has wiped out a trillion dollars in assets. France is facing a social crisis and the biggest banking disaster in its history as the result of the real estate price collapse some years earlier, combined with conditionalities demanded under the Maastricht Treaty. Brazil has been a power keg all year with astronomical interest rates (200%), a high rate of federal borrowing (1.5 billion a week) and loan default rates in the business and personal sectors up over last year by 300% and 500%. Mexico, in turn, no longer has an economy in the standard sense. Its productive sectors have all collapsed to very low levels thanks to NAFTA, the IMF's increasing austerity demands, astronomical interest rates, and corruption in government. Apart from these 'minor' problems, the banks in many nations are overloaded with derivatives exposures at amounts many times greater than their asset value. And this bubble, too, must be fed. There comes a point in every defective system that defeats its own purpose, at which it deprives itself of the support that it needs to exist, by its own destructive tendencies. One this point is reached, the thing goes. All of it. The surprising aspect is, that the insanity has been allowed to go on for so long that the populations of whole nations are thereby put at risk. If one were required to describe with one single word today's financial system, that world would have to be insanity. The term Mind as a synonym for God and an attribute reflected by man, suggests an appropriate aspect for one to focus on to achieve redemption. If the world-financial system disintegrates uncontrolled, the ensuing anarchy (and there is much of that prepared behind the scenes) has the potential to take the house down in a general chaos that disrupts food distribution and the maintenance of social order. Also, there is a great likelihood that under the shadow of chaos, organizational, political, and physical means are set in motion to assure the massive population reduction that the oligarchy has been calling for, for many years. The sanity of Mind reflected by the actions of men, hopefully finds a manifest in an intelligent solution, a controlled bankruptcy process of the global financial system that keeps the vital aspects of economies alive by which people exist in their daily living. Today, the U.S. by itself, as Lyndon LaRouche points out, has the capability to initiate such a process. In consideration of the already demonstrated capabilities of the human mind, reflecting the qualities of a higher intellect, the probability for an orderly shutdown of the system is quite high, so that the danger may not be all that great. || - page index - || - chapter index - || - Exit - ||
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