[NYTr] Fidel Castro Says World Economic Crisis is at the Door
 
Date: Fri, 21 Sep 2007 21:44:51 -0500 (CDT)

Via NY Transfer News Collective  *  All the News that Doesn't Fit
 
[It's no wonder Reuters' pathetic Anthony Boadle reported the fact of
Fidl's interview on "The Round Table" program tonight but nothing of its
content.  

Much of the "developed" world is still pretending that
the whole house of cards isn't falling down. It'll be a "shock" when
they can't pretend any long. As with the rage directed at the US on
9/11 they will proclaim they are "stunned" and that "no one saw it
coming." -NY Transfer]

Agencia Cubana de Noticias (ACN)
http://ainch.ain.cu/mailman/listinfo/ingles

Fidel Castro Says World Economic Crisis is at the Door

Havana, Sept 21 (acn) Cuban President Fidel Castro reappeared Friday in 
a video broadcast by Cuban television, where he warned of a serious 
world economic crisis and addressed different issues. He also dealt 
with his most recent reflections published by Cuban and international 
media outlets.

The video was shown during the prime time TV show "The Round Table 
Discussion", moderated by journalist and host Randy Alonso.

Fidel Castro made a deep analysis of his reflections published under 
the title "Deliberate Lies, Strange Deaths and Aggression against World 
Economy." In his written piece the leader of the Cuban Revolution 
quoted writings by former US President Ronald Reagan, former British 
Prime Minister Margaret Tatcher and former US National Security 
official Gus Weis, and other sources, which expose certain actions by 
the United States that contributed to the fall of the former Soviet 
Union.

President Castro warned that at present the US administration is making 
use of unimaginable economic resources to violate the sovereignty of 
other countries by continuing to buy with paper bills the raw material, 
the energy and advanced technology, the most productive lands on our 
planet.

In the video, Fidel Castro warned that the skyrocketing oil prices 
could continue to increase and in reference to US presidential 
candidate Hillary Clinton, he said she is promoting a program to
protect some 50 million US citizens who have no social security. But he
asked, "How will they fund that program?" and he answered: "only with
bills that have no support, with which they want to buy the world."

The Cuban Revolution leader accused Washington of having unleashed a 
war of religions and of brain drain.

During the TV show, Doctor Osvaldo Martinez, director of the Institute 
for Research on the World Economy described as accurate the phrase used 
by Fidel Castro when he said that the world is "threatened by a deep 
economic crisis."

The Cuban expert illustrated the world situation by referring to the 
financial speculative bubble, which was replaced by another similar one 
in the real estate sector. He said that the US dollar is currently 
changing at 60 cents of an Euro, which represents a lack of confidence 
in the US economy, and he noting the high oil prices (over 84 
dollars to the barrel), while he also predicted that the world is 
living the first chapter of a huge depression.

"We are in the presence of a very particular situation, in which the 
huge speculative machine, fueled by neo-liberal policy, no longer 
provides real economy, with a production of goods and services that can 
no longer make it sustainable and it is falling apart," said Martinez.

He said that the first thing to fall down is the artificial US economy, 
whose dollar has no real support, with a massive deficit, a huge 
accumulated debt both personal, governmental and private.

Other journalists who participated in the show agreed that the analysis 
made by the Cuban leader was very profound and far-reaching and they 
said that the world must find solutions to get out of the crisis 
provoked by neo-liberalism and the ambitions of the US administration.
                                 *
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