The following is a translation of the introduction by Excelsior to the first half of Lyndon LaRouche's interview. To read the text of the complete interview itself, click here.

Lyndon H. LaRouche, influential political thinker in the United States--who describes himself as the most important economist in the world of the past four decades, and heir to the U.S. classicism of Hamilton, Clay, Carey and others, and at the same time of the legendary Franklin D. Roosevelt -- stated during a visit to Mexico, that the world monetary and financial system is in the final phase of a general debacle.

The IMF “is bankrupt.” He says of his own country, that it is moving toward economic disintegration. And about Mexico-U.S. bilateral relations, he describes NAFTA [as] “a terrible error for all involved.”

LaRouche--who a few days ago gave the keynote address to a conference at the Autonomous University of Coahuila, in Saltillo--gave written responses to questions formulated by Excelsior about a wide variety of issues.

The responses reflect LaRouche's theoretical formulations, his general statements on economic and political matters which have generated such controversy in the United States and Europe, and his “bedside” reading--classical drama, poetry, and “classical science in the Platonic tradition.”

His book, So You Wish to Learn All About Economics, circulates in several languages--English, French, Spanish, Russian, German, Italian--as well as Ukranian, Armenian, and Polish.

He addresses the following issues:

1. Bilateral Mexico-U.S. relations. Since Operation Juárez, formulated by him in 1982, relations “have substantially worsened.”

2. Trans-border Mexico-U.S. integration. “I emphasize (a) expansion of the generation and integrated distribution of energy; (b) large-scale water management; (c) development of East-West and North-South railway networks.

3. The problem of water in the U.S. Southwest and northern Mexico. “Leaving aside the matter of desalination for the moment, we mainly have two options for resolving the lack of water: one, bringing water to the north from the South of Mexico; the other, the NAWAPA project.”

4. Migration of Mexican labor power to the United States. “Continued injustice.” There is “malicious intent” on the part of Americans.

5. U.S. dealings with other countries. “The dogma of ‘preventive war' is accelerating deteriorating relations with the rest of the world.”

6. The international financial and monetary system. “There are no alternatives but to replace it.” That system “is an international graveyard.” The original principles of the Bretton Woods System must be revived.

7. The U.S. Federal Reserve. “It must be put through bankruptcy reorganization, as must the International Monetary Fund.” The United States “is sinking under threat of a crisis of economic disintegration.”

8. The victory of Luiz Inácio Lula da Silva in Brazil. “It will affect inter-American relations.”

9. The economic situation of Brazil and Argentina, and the danger of the Argentinization of Mexico. “If we manage to prevent Brazil from sinking into a situation similar to that of Argentina, it is probable that we will also be able to save Argentina, while preventing a similar wave of horror from reaching Mexico.”

10. The Free Trade Agreement of the Americas (ALCA). “Those who cherish such illusions should consult a psychiatrist.”

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