`We Can Have an
Incalculable Financial Collapse'
Lyndon LaRouche was interviewed by Hector Benavides in Monterrey, on March 29, 2006, and eight minutes of the interview was aired that evening. The full broadcast was scheduled for April 9.
Benavides: From what you have observed, which of the three candidates, of the major parties, Calderon, Lopez Obrador, Madrazo, has greater support from the United States' government?
LaRouche: Well, I think that they're looking at Madrazo as a very likely person, to get the maximum pressure on him. And if he doesn't do what they want, they'll get somebody else.
Benavides: Suppose—indicate going back two years, that up to a 9 point advantage—considering that each point is a half-million voters in Mexico—that's 9 points in favor of Lopez Obrador. Are the polls mistaken?
LaRouche: I think, no, they're not mistaken. That's in general what my reading is. He's been a very successful populist candidate, populist mayor. So, it was an attack on him, which worked to his advantage on the question of that road. So, all the things have gone to his advantage, in the ordinary sense. And if he becomes President, I wish him the best. But, I have deep ties to certain currents of the PRI; there's some people still alive who, I would consider friends. And I would trust them personally.
Benavides: What do they tell you?
LaRouche: I haven't talked to them about this question. I've kept my fingers out of the Presidential campaign in Mexico, and I'm looking at Mexico as a whole.
Benavides: The problem of ungovernability in Mexico: Should on July 3rd, should the winner not be Lopez Obrador—and the polls and everyone's saying for the last two years that he's the one on top—is there a possibility of ungovernability? Is there a risk?
LaRouche: Let me be very concrete: This is an international question, not a Mexico question. We're now at the point, we have gotten rid of Alan Greenspan. Alan Greenspan was in charge from 1987 until recently. Alan Greenspan was one of the worst things that ever happened to the United States—and to the world.
You have to realize that money is not worth anything, really. Because, what you have, you don't have deposits, assets in banks: You have financial derivatives. And these financial derivatives are in layers. You saw what happened in Iceland. Iceland is totally bankrupt. New Zealand is bankrupt. Australia is near-bankrupt. They're having a meeting in Australia now, of bankrupt countries: But it's not just them. Every leading bank in the United States is bankrupt. The housing bubble is about to blow—all kinds of things are about to blow.
We can have, in the period of the coming months, April, May, June, these three months, are potentially three months of an incalculable rate of financial collapse internationally.
So, therefore, when you're talking about an election coming up in Mexico, you have to realize that whatever the situation is now, you have to factor in the fact that we're facing a very great danger of an immediate collapse.
Presently, the leading bankers of the world have realized that this is the case. Therefore, they're not going to put any more expansion or any money into the system. They're going to allow the bubbles to collapse. They're going to shut down the carry-trade. Unless they change their mind in the coming months. But, right now, if they continue on the present policy, during the next three months, we're facing a general collapse of the financial system, with horrifying effects on the economies and on the condition of people in national economies.
You have in France, you have 3 million people going on strike; you have strikes in Germany; you have an ungovernable situation in Italy. Poland is breaking down. The Belarus election show you that there's no popularity for this trend over there. Ukraine, they've lost. Netanyahu has lost the election in Israel: You're now in a global political crisis, building up, so that there is no stable condition on which to hold to hold an election. Because, you can proceed like a commanding general in warfare, to have a strategy, which takes all conditions into account, but you can't predict anything. No one can predict, because you have too many people who are now unpredictable in powerful positions.
Benavides: Last question: This panorama with the picture you're painting for us, will it become worse in Mexico? The majority of the banks in Mexico are no longer ours, they're not Mexican any more.
LaRouche: That's right! That's the worst of it. Because, a bank that is not yours in Mexico, is a bandit robbing your country under these conditions. Therefore, the problem is, only the strengthening of national governments, the assertion of the sovereignty of the people of a country, is the only real line of defense around which we can mobilize to defend people. We need strong, patriotic government, which the people respect!
Benavides: [in English] Thank you, sir. Muchas gracias, Senor LaRouche. Muchas gracias, Dennis Small.
LaRouche: It's always good to see you.