How to Reverse a New “Great Depression” May 10, 2023 Unipro2013main Bankingcrisis, World Economy </p> <h2>Nearly half the Banks in the U.S. are Insolvent</h2> <p> Only the most ignorant can accept the words of Fed Chairman Powell that the banking system is “fundamentally strong.” In reality, nearly half the banks in the U.S. are insolvent, due to the collapse of the physical economy. The collapse of the German economy, under Green deindustrialization policies, is moving even faster. Yet, instead of addressing this, NATO governments are lunging into a war against Russia and a possible war against China. Lyndon LaRouche presented an alternative in 2000, which much of the world is moving towards now, i.e., rejecting neo-liberal monetarism and adopting Hamiltonian credit policies, to upgrade physical economic production.<br /> <br /> Credit to : The LaRouche Organisation</p> <p> Please support our Sponsors here :
