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Lyndon LaRouche's statements appear regularly in 40 to 50 Russian-language
websites and are appearing more frequently in the print media there. On
October 30 the major dailies Komsomolskaya Pravda and Novaya Gazeta cited
Lyndon LaRouche, and on Oct. 31, an article appeared in the context of
discussion about the upcoming November 15 Group of 20 Heads of State
meeting, which presented Helga Zepp LaRouche's call for action for a LaRouche New Bretton Woods.
On Oct. 17th, 2008, the Russian-language original of the article "The Crisis
Leaps Across the Planet" by Prof. Stanislav Menshikov was published in the
Moscow weekly Slovo. The author has over half a century of
experience of observing and analyzing the world economy. As Russia's leading
senior expert on the U.S. economy, Professor Menshikov explains to Russian
readers how Lyndon LaRouche's forecasts of the current financial breakdown
crisis have proved to be uniquely accurate.
In the October 3, 2008 issue of the leading Russian business daily
Kommersant, CEO of Russian Railways (RZhD) Vladimir Yakunin was interviewed
under the headline, "Liberal Capitalism Is Coming to an End in Russia." At
the outset of his interview, Yakunin stated bluntly that none other than
Lyndon LaRouche, the "American alternative economist," had warned him of the
onrushing global financial breakdown crisis a long time ago.
Responding to Kommersant's question "When did you realize that there would
be a financial crisis?", Mr. Yakunin replied, "A year and a half ago. I am
not making this up. I remember my first conversation with the American
alternative economist, Professor LaRouche. He is someone who uses quite
powerful algorithms for evaluating the state of the economy and its
prospects. And he said to me, "Vladimir, I can tell you with certainty, that
the economic crisis is already taking place." He emphasized that the basis
of the crisis is the transformation of the economy and, above all, finance,
into a virtual economy and virtual finances. Out of the entire monetary
circulation taking place in the world today, in his view, only about 15% of
the paper money is backed by real value - industrial production, raw
materials, etc. It seems to me that right now we are witnessing the accuracy
of this formula. This summer, I have been discussing the topic of the crisis
both with other economists, and with my friends in the government, so the
crisis itself was not unexpected. But I am not a professional financier. If
the crisis was visible and obvious to me, it should have been visible and
obvious to the people who are running financial policy..."
Russian Economist Sergei Glazyev recently called for Russia to co-initiate a
new financial architecture, and cited the lessons of the Duma hearings he
chaired in 2001, which were keynoted by Lyndon LaRouche. In an interview
Glazyev noted that Russia has already lost $30 billion because of holding
its national reserves in the sinking dollar, and added, "If the leaders of
the Central Bank and the government had listened to the recommendations from
the Parliamentary hearings, which we held seven years ago, those losses
could have been avoided."
Duma Testimony, 2001
Helga Zepp-LaRouche Resolution:
Make the Dream of the American
Revolution Come True!
Double World Food Production,
Stop Wars of Starvation!
(HTML) (PDF)
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