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Friday International Webcast

Printable version / Version imprimable

Tonight we are joined by a special guest, Paul Gallagher, economics editor for Executive Intelligence Review, who will present the clear and urgent choice which Americans must make to abandon the failed economics of Obama’s near-zero growth policies and decisively join the new economic order being initiated by China. With the upcoming G20 summit, being convened in one week, China’s president has been explicit in his intent that this summit will be used to prompt the creation of a "new international financial architecture" in collaboration with Russia and other major powers, based on scientific and technological innovation and growth. Meanwhile, the United States and Europe face an oncoming implosion of the transatlantic system, due not only to the tremendous accumulation of debt bubbles and derivatives exposures, but even more so because of the lack of any real growth in economic productivity over decades. China’s lunar exploration program serves to illustrate the source of true economic value. Only through the immediate passage of Glass-Steagall and a debt jubilee to write of the vast bubble of fictitious value, can the United States become a part of this new economic order and participate in unleashing the create powers of man.