On Dec. 23, 2000, Lyndon LaRouche discussed the breakdown of the global speculative system which had, intentionally, transformed the United States into an “importer of last resort,” with its attendant galloping U.S. trade deficit—which of late has been much in the headlines, with less than zero understanding of its actual cause, let alone its solution.
It were wise that today’s citizens and policy-makers listen to the wise words of Lyndon LaRouche, for example in this three-minute video excerpt from LaRouche’s remarks to an Aug. 18, 2002 youth cadre school in Los Angeles, and in his article on “The Demise of an Importer of Last Resort,” written almost 25 years ago.
