International Webcast. July 21st, 2011 // 1:00 pm EST

What happened with Tremonti's ultimatum to the prime ministership in Italy means that Tremonti has tipped the wagon. He's made a proposal, which if he were to be fired—Tremonti—that would collapse the entire European system in a chain reaction collapse. Now, I've had some conversations with Tremonti in the past, and these are not irrelevant at this moment. Now, what's happened is, the whole system of Europe, economic financial system of Europe is rotten to the core. There is no way this system could survive. The only question is: Is the collapse going to occur overnight, or sometime near that? This is the end of the system; and if a wrong move is made, a wrong choice of move is made, the whole world will go very soon — in a matter of days — into a general collapse.

Now, I'm the one. I'm the gravedigger of such follies; that is my function. And I'm not going to use a shovel; I will use a steamroller. What that means is, we are going to do the following: The situation of Europe is absolutely hopeless, with the present system. We've now reached the point of a total breakdown crisis, because the whole system has reached a point which I knew was going to come. It's going to collapse; one way or the other. Now, the only way it could be rescued would be by the United States, because the present European system has no provision for dealing with a crisis like this. A game had been played, particularly by the British and by Wall Street. A game had been played, which is now blown up, and they're trying to hold the thing together with baling wire, or something. We have the solution.

-Lyndon LaRouche, July 11, 2011
Europe's Only Chance for Survival

The webcast will be broadcast live at 1pm Eastern, 10am Pacific, on July 21st, right here.

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