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City of London's Foolish Coup Against Italy Will Hasten a Financial Crash

May 29, 2018

The London-centered eurodollar elite have just used Italy's State President to block its democratically elected majority government from taking office, effectively carrying out a coup against Italy.

Now, can any doubt remain, that British intelligence circles and European Union elites simply refused to accept Donald Trump's election as U.S. President, and started a drive which still continues, to force him out of the White House?

Both Italians and Americans committed the same offense, of electing a government, or a President, who defied British geopolitics by wanting great-power cooperation with Russia and China, and who refused to follow orders and "market rules" of City of London financial powers' on economic policy.

And in the case of Italy's coup'ed majority government, its parties were even more open than was candidate Donald Trump, to enacting Glass-Steagall bank separation and national bank credit for productive employment and new infrastructure projects — elements of Lyndon LaRouche's "Four Laws" for economic revival.

It has become an outrage that London and Brussels EU elites, as well as neo-cons in the United States, denounce China and Russia as authoritarian dictatorships, while reserving to themselves the power to veto or overthrow any government which opposes British geopolitical, zero-sum policies. As the arrogant European Union Commissioner Günther Oettinger pronounced to an interviewer today, "The markets will teach the Italians to vote for the right thing."

Helga Zepp-LaRouche stated today that this London-centered geopolitical paradigm — claiming to represent "Western values" — is, in reality, now shamed by the New Paradigm of mutual economic and scientific progress represented by China's Belt and Road Initiative (and by its programs of space exploration, development of fusion energy, etc.).

A Bloomberg News editorial today acutely called the coup in Italy "Mattarella's Folly," referring to the Italian State President who vetoed the government on behalf of London and Brussels. Whereas Glass-Steagall and Hamiltonian national banking were muted issues in the elections in March, they will now be far more important in the new national elections for the Fall. In fact, the issue of obeying the austerity rules of the Eurozone, or perhaps, even leaving the euro, will now become as passionate as the aroused issue of fighting for democratic freedom itself.

Not only that: London's Mattarella blunder gave Europe, at least, a hard new shove towards a major financial crash which was already threatening. With Germany's biggest bank already in serious trouble, bank stocks led the plunge of stock and bond markets across Europe and in the United States. As this major financial crisis comes on, Glass-Steagall and LaRouche's "Four Laws" will become fighting issues in the 2018 American elections as well.