Subscribe to EIR Online


Russian Economist Glazyev: ‘Now the U.S. Is Unleashing Another World War’

April 1, 2016 (EIRNS)—Sergei Glazyev, prominent Russian economist and adviser to President Vladimir Putin on regional economic integration, charged the United States with "unleashing another world war" to defend the collapsing trans-Atlantic financial system. In a lengthy interview published on March 29 by (whose English translation was published by Russian Insider), Glazyev said the key to resolving the crisis is to "pursue our priority development strategy... and pursue Eurasian integration."

Glazyev said that the White House and others in Washington are

"continuing to look at the world through the prism of both the Cold War and British confrontations with Russia and Germany in the nineteenth century, and now the U.S. is unleashing another world war. The combination of the objective problems of the American financial oligarchy, and the strange mindset of American geopoliticians threatens a world conflict."

He explained that,

"the economic entities that dominate in the US, serving a financial oligarchy, have destabilized the American monetary and financial system, which defaults about twice a year. The causes of the global financial crisis of 2008 have not disappeared and the American debt bubble—financial pyramids composed of derivatives and the national debt—are still growing... This process cannot continue indefinitely."

As for the drive for war, Glazyev said,

"As always happens in a changing world economic order, the country that is losing its leadership tries to unleash a world war for control over the periphery... The American political establishment has been brought up on the chimeras of nineteenth century geopoliticians... The main question back then was how to ruin the Russian Empire, and they still look at the world through the eyes of the XIX century hawks, when Great Britain tried to save its hegemony by starting the First World War."

Glazyev proposed that, to answer this threat,

"we need to build a broad anti-military coalition, pursue our priority development strategy, recover our financial and economic sovereignty and pursue Eurasian integration. To prevent war, we need to realize the president’s goal of a common development area from Lisbon to Vladivostok. It is very important to convince our European partners as well as our partners in the Far East and in the South that we need to cooperate, not by blackmailing or threatening them, but through mutually beneficial projects, joining our economic potential while respecting the sovereignty of each state."

Back to top