Bankrupt British Empire Setting World on Trajectory to Thermonuclear War

December 22, 2014

We are now on the verge of a general thermonuclear war. That does not mean that that war is going to actually happen, because one of our concerns is to do the things which may be effective in preventing that war from breaking out... We are on the edge, unless we can topple Wall Street, Wall Street's power. Wall Street and the British Empire, but especially Wall Street, are so bankrupt that they are on the verge of an impossible collapse. That is, there's no way that they can avoid a collapse. The only alternative they have for their system, is to push the effect of a general thermonuclear war.
Lyndon LaRoucheDecember 21, 2014

Veteran Daily Telegraph columnist Liam Halligan, a vocal proponent of a return to the Glass-Steagall standard internationally, warned yesterday that the Western financial and military assault against Russia could backfire and bring down the entire trans-Atlantic financial system.

"Should we really welcome a currency collapse in one of the world's major economies? Is that sensible, given the systemic dangers lurking, represented not least by the end of U.S. quantitative easing and overpriced Western stocks?... We could also provoke a repeat of the systemic global meltdown of 2008, in which the big Western economies would suffer more than most."

"That is exactly true," Lyndon LaRouche commented yesterday. Just look at the accounts. Look at the level of quantitative easing, which has now surpassed $11 trillion across the trans- Atlantic financial system, since it was launched in 2008. How long can the United States continue hyperinflating? LaRouche asked. This just shows how utterly bankrupt Wall Street and the British Empire are. And that is the desperation factor behind their current drive for economic and military thermonuclear war against Russia and the BRICS nations in general.

As long as Wall Street tries to bail out their speculative investments, they will go to war to defend those speculative investments, LaRouche emphasized. That is the essence of the danger we face. Now look at what the Republican Party is doing, and you will see that, with precious few exceptions, the Republicans, as a party, are the worst enemy of the United States itself. They are backing Wall Street and the City of London's drive for unrestricted looting, which means a trajectory to war. And there are those among them that are embarked on the mission of placing yet another fascist Bush in the White House.

Russian President Putin continues to prepare his nation and its institutions for war, seeing very clearly that the financial warfare being waged against Russia, is part and parcel of the color revolution assault and the general drive for war. He is not plunging ahead on impulse, LaRouche noted, but he is systematically preparing. A day after speaking to the Defense Ministry Board, Putin told a celebration of the Security Agency Workers Day:

"No one has ever succeeded in scaring, suppressing or isolating Russia and never will... It happened several times: in the 1920s, the 1940s and later. It did not work then and it will not work now."

He went on to charge security agency workers with the vital task of "protecting Russia's economic interests, as well as combatting international terrorism."

LaRouche noted that this re-statement of Russia's policy is obvious, and has been evident for some time, for anyone willing to see. It is also the case that Russia and China, as respectively sovereign nations, are also partners, he emphasized.

In light of that reality, LaRouche said, what are the idiots in Washington, D.C. doing?

SEE "Stop World War III"



Putin Moves Russia to a War Footing

Russian President Vladimir Putin took part a meeting of the Defense Ministry Board, yesterday, held in the brand new National Defense Control Center, which was inaugurated into service a week or so ago. Over the course of his remarks, Putin reviewed where things stand in the military, from its readiness to defend the nation—much progress has been made in this area, he said, but much work remains to be done—to the living conditions of the troops.

Putin said, according to the transcript published on the Kremlin website:

"Russia will always act consistently to protect its interests and sovereignty and will strive to strengthen international stability and support equal security for all countries and peoples. At the same time, the situation in the world around us is not becoming any simpler. You all know about the U.S.A.'s plans to build a missile defense system. NATO has stepped up its activity too, including in Europe, especially in Eastern Europe. In this respect, I want to say that our military doctrine nevertheless remains unchanged and is exclusively defensive in nature, as you know. But we will defend our country's security firmly and consistently."

Putin stressed, among other things, the development of the strategic nuclear forces:

"We must develop all components of our strategic nuclear forces, which play a very important part in maintaining global balance and essentially rule out the possibility of a large-scale attack against Russia. In 2015, the strategic nuclear forces will receive more than 50 intercontinental ballistic missiles. You can imagine what a powerful force this is. We must continue modernizing our strategic aviation and put the two missile-carrying submarines Vladimir Monomakh and Alexander Nevsky on combat duty."

The two submarines referenced by Putin are the third and the second of the Borei-class ballistic missile submarines to be built. The Vladimir Monomakh was handed over to the Russian Navy on Dec. 10th. The fourth and fifth vessels of the Borei-class are currently under construction at the Severmorsk shipyard, and the keel for the sixth is to be laid next week. A total of eight vessels are planned, which will constitute the core of Russia's sea-based strategic nuclear force. Modernization of Russia's strategic aviation is also moving forward, with the delivery to the Air Force of the first examples of modernized Tu-160 and Tu-95 bombers this past week.

Putin Continues to Batten Down the Hatches in Preparation for War

In light of the unremitting provocations and drive for confrontation coming from the British and Obama, the Russian government under President Vladimir Putin continues to prepare for war.

The day after his Dec. 19 address to the Defense Ministry Board, Putin spoke before a gala reception marking Security Agency Workers Day, in which he yet again delivered an unambiguous message about protecting Russia's sovereignty and security. The central point of the brief message reads as follows:

"The global situation is far from stable: the number of threats and risks is growing and norms of international law are being ignored. No means are rejected: blackmail, provocation, economic and informational pressure, staking on radical elements and nationalist groups and attempts to destabilize the internal situation, thus gaining control over whole countries.

"Frank statements are being made to the effect that Russia should pay dearly for its independent stance, for its support for its compatriots, for Crimea and Sevastopol, for merely existing, it sometimes seems.

"Clearly, no one has ever succeeded in scaring, suppressing or isolating Russia and never will. Such attempts have been made regularly, over the centuries, as I have said publicly on numerous occasions, and in the 20th century it happened several times: in the 1920s, the 1940s and later. It did not work then and it will not work now. Meanwhile, we have to be prepared to experience certain difficulties and always rebuff any threats to our sovereignty, stability and the unity of our society."

Putin pointedly noted that "foreign special services specializing in Russia are becoming more active," and emphasized that the threats to Russia include economic attacks:

"We should pay the most serious attention to protecting our national borders, ensuring the stable functioning of government agencies and protecting Russia's economic interests."

British Financial Elite Admit They Are "Addicted" to QE and Fear Consequences

Helena Morrisey, CBE, wrote in the Dec. 20 edition of the London Telegraph that the trans-Atlantic system's "QE addiction" has led to money-pumping by the U.S., European, and Japanese central banks which is "now approaching $11 trillion and 30% [of their combined GDP], and that's before adding in the stimulus provided by the central banks of the UK, China, India, Russia, Australia, etc., bringing total central bank balance sheets up to a grand total of over $16 trillion."

Executive Intelligence Review months ago published that total cumulative QE in the trans-Atlantic sector (plus Japan) would hit over $11 trillion by the end of 2014. However, adding BRICS nations such as China, India and Russia, to that total, as Morrissey does, is a fallacy of composition, as the case of China most clearly shows, since its credit expansion is (a) directed to productive activity, not speculation; and (b) is not freely convertible into the currencies of the global casino economy.

Nonetheless, Morrissey's worried conclusion is more than warranted:

"Nothing even approaching this scale of monetary intervention has ever been seen before, and so there is no reference point for gauging the longer term consequences."

Morrissey is Commander of the Most Excellent Order of the British Empire (CBE), CEO of Newton Investment, and Chair of the Investment Management Association, the UK's "investment industry" trade body whose members manage nearly $8 trillion in global speculation.