November 28, 2007 (LPAC)--Lyndon LaRouche's remarks to the membership of the LaRouche Youth Movement in Los Angeles on Nov. 26, following his participation in the Nov. 24th "Forum on U.S.-China Relationship and Peaceful Reunification of China," sponsored by the Institute for Sino Strategic Studies are excerpted here.

LAROUCHE: [to thunderous applause] "Thank you, all!

"Okay, well, as you know, on the 25th of this past July, I announced that we had already entered the closing phase of the great collapse of the world economy. As of Sunday, and Monday morning, as you know, the concession was essentially made in most parts of the world: The system has now collapsed. It's in the death agonies. Now, it's going to flop around on the sand a little bit, and in the swamps and wherever it inhabits, splash around, but this thing is now finished.

"Now, as of Sunday, and as of Monday, as you know, various dates, China has responded to the event which occurred in this location, here. And it has shaken the world: At the same time that China was announcing the significance of the conference we had here, and the address I gave here, at the same time, all over Europe, and in many parts of the United States, the admission is: The system is dead. We are in the final phase, the closing phase of a world monetary system, which died, effectively, between August 15th-16th, 1971 and 1972: The system is now dead. It's just flopping around, the way dead things sometimes do.

"So now, this means that we are entering a complete new phase of history. It also means a great psychological [change] in the climate, of the world and of the United States. No longer are people going to be able to react, the way you found them reacting in the recent period. And you don't have to be panic stricken, you don't have to be anxious, you don't have to terrified. You don't have to be hysterical.

"We're winning! ...

"That's the really significant thing: We have won. We have won--not things that we possess: we have won a battle. The battle was, I've declared for some time that this system as it put into shape in 1971-72, the post-Bretton Woods system, was doomed. And it was just a question, would they wake up to that fact and change back, reform, in the direction of Roosevelt's conception, of what I proposed? Or would they go to doom? They chose to go to doom. They have reached their destination. There's no hope for their system, and we have no reason to compromise with their system.

"Our concern is twofold: We have to be concerned with the human race. Because, if this thing goes the way it's going, with no change from the direction in policy, which you get typified by the Presidential campaign out there ongoing now, in that case, then the whole civilization goes into a dark age. And when you consider what will collapse, a world population of over 6.5 billion people, and a collapse of the system, a dark age means a collapse of the world population down to levels of somewhere under a billion people, within about a generation or so. They can't tell exactly how face, but in general, the idea's there; the idea's clear.

"So it's our duty to save humanity from that scourge. What we have proposed will work. You saw a sample of this in the reaction from China, on what happened here, my address here. That is shaking up the world, and it coincides with what is coming out of Europe and elsewhere, with a general admission of leading banking institutions that the system is finished. That this is not a short-term process. For example, you have the members of the Congress (I don't know what kind of Congress it is, but it's a Congress; I don't know what they do in that Congress sometimes. What if they take any diseases--any prophylactic preparations for the diseases they get in that kind of Congress, huh?)

But they all came back from their little vacation, their Thanksgiving vacations, and the turkeys had eaten them, huh? They came back and ... the world was no longer the same! There are special ways of avoiding the act we're pushing, the housing and banking protection act--they tried something and it didn't work! They said, "Fannie Mae and Freddie Mac are going to bail out the banks. We don't need to listen to you--we've got a little solution!" They came back and the announcement is, the "little solution is in trouble!" It doesn't exist any more! Now what're they going to do? ...

So that is essentially the situation there, and here. We're at a turning point in history. And you're in a position where you're part of a leadership of a bunch of frightened sheep who just lost all their dreams and all their confidence. It's all spoiled. The important bankers and financiers, the ones who really talk, in Europe and elsewhere, are saying "the party's over. This system is finished. This is the long one, this is a big one, this is a deep one," and there is no solution in sight from their standpoint. The party is over. The party is ours.

So, that's what I've been working on for a long time, and so, I can speak in the terms I've spoken here, because I can sit back and say, "Okay-- that is settled. Who is right and who is wrong, that's just been settled in reality."

Now, that means something for you, and your age-group: You have to grow up. You are no longer young people, going to your parents to bail you out. You are responsible for the consequences of your actions, because people are listening to you--they may scream at you, but that means that they're listening to you, that's why they're screaming. You don't even have to speak: They hear your voice inside their head. "I know what you're going to say! I know what you're going to say! Don't you dare say it!" That's the kind of world we're living in!