September 12, 2007 (LPAC)--Under the headline "The Week of Destiny," on the front business page of Denmarks largest newspaper Jyllands-Posten, Keld Louie-Pedersen writes, "short term debt worth 750 billion Danish kroner [$150 billion in commercial paper] has to be renewed this week. If the buyers stay away, the credit crunch could hit the regular economy seriously. Governments, central banks, investors, yes, the whole international financial world will be sitting on the edge of their chairs this week. 'The week of destiny' is a mild expression. This week will be decisive for whether the global credit crunch will make a soft landing, or whether it will cause a stock market crash and a recession, as was seen in 1929 and 1987."

What Louie-Pedersen fails to grasp is that the present financial system is doomed to immediate collapse by its own inherent development since 1971, the 1987 crash, and the events of the year 2000, as shown by LaRouche's "Triple Curve" pedagogy, not by anything that will or won't happen this week.