London Economist Pleased as Punch with the `Results' of the G-20 Summit

November 17, 2008 (LPAC)--New Dark Age advocates that they are, the London Economist yesterday voiced their pleasure that "this weekend's meeting [of the G-20] did not create a new Bretton Woods." In an article headlined "Not a bad weekend's work," the City of London mouthpiece had particular praise for the final communique's "collective pledge not to raise any barriers to trade and investment over the coming year."

American System economist Lyndon LaRouche, who considers the G-20 a catastrophe for the same reason that the British loved it--i.e., that it ushers in a New Dark Age--commented: "There's no way that solemn pledge is going to be maintained. Events will not allow it. It's not a matter of somebody giving orders; it's a matter of reality."

Likewise the Economists slobbering over "Japan's pledge to bolster the IMF's kitty by lending it $100 billion," and the fact that "the G-20 countries all promised to undergo a rigorous financial health-check by the IMF."

LaRouche noted: "What happens if the IMF dies in the meantime? They talk about the IMF doing a `health-check.' Well, what if the doctor dies in the meantime, which is becoming increasingly likely?”