News

08 Oct 2018
In Tripoli on the International Situation and the Lebanese Economy, Abu-Ghazaleh declares: America's Strength is not in its Missiles but in its Control of the Global Financial System

Tripoli - The North Lebanon Merchants' Association held a meeting entitled "International and Regional Situations and their Impact on the Lebanese Economy", in which the Chairman of Talal Abu-Ghazaleh Organization (TAG-Org) Dr. Talal Abu-Ghazaleh spoke at the premises of the Cultural Association in Tripoli, in the presence of President Najib Mikati, represented by Mrs. Janan Moubayed, Minister of Agriculture, in the Caretaker Government, Ghazi Zuaiter represented by Dr. Mohammad Ziadeh, Minister of Labor in the Caretaker Government, Mr. Mohamed Abdul Latif Kabara, represented by Mr. Sami Reda, Ambassador-designate of Pakistan to Lebanon, Mr. Najeeb Durrani, M.P Jean Obeid represented by Mr. Elie Obaid, Army Commander General Joseph Aoun represented by Commander of the Northern Military Region, Brigadier General Hesham Zebian, former Minister Mohammad Safadi represented by Mr. Rabea Othman, Secretary of the Supreme Council of National Defence, Major General Saadallah Hamad, Director of the National News Agency Lor Suleiman, director-general of Customs Badri Daher, Representative of Colonel George Mansour, Director of Intelligence (North) Brigadier General Karam Murad represented by Colonel Ahmed Al Amari, Brigadier, Waleed Al-Sayed, President of Cultural Association Ramiz Freie and a multitude of cultural and social actors. 

Following the singing of the national anthem and the opening speech by the master of ceremony, Mohammad Handoush, the Chairman of the North Lebanon Merchants' Association, As'ad Al- Hariri, delivered a speech in which he said: " the North Lebanon Merchants’ Association is hosting today Dr. Talal Abu-Ghazaleh, the global economic figure, to give us a chance to get to know closely this unique personality who will keep us updated with the latest international economic developments. We will hear his opinion on the future of the US economy and his vision for the future of the region in light of the US-Russian conflict and his perspective about the fate of our Lebanese youth who are fearful of the future in light of rising unemployment and are thinking about emigration."

Abu-Ghazaleh

After that, Abu-Ghazaleh delivered a lecture on the history of the Dollar, pointing out that "America's strength is not in its tanks and missiles, but in its control over the global financial system and wars are skirmishes while the real weapon is the weapon of money."

He said: "Experts in America expect a collapse in the capital market in 2020, and this collapse will lead to economic decline which will swell and the prices will increase till we reach what is called economic stagnation and, according to experts, when we reach this stage, America will have no choice but to fabricate a war to establish a new world order.

He added, "In 1985, I participated in a symposium in “National Science America”, its topic was about where America will be in 2020. The participants were of the opinion that China is on its way to becoming the greatest economic power and the United States must find a way to prevent that by all means. Therefore, if the United States wants to make a war, it will not make it against Iran as it is rumored, because the war’s aim is always economic interest and America sees that the only competitor is China." He pointed out that “the world is facing a financial and economic problem." 

He added: "I expect a boom in the Arab region in light of the economic crisis occurring in the West, they shall create a prosperity region and are conducting studies to develop a plan for an Arab renaissance, because it is in their interest to have a prosperous region in the world and our region is the only one eligible for that,” pointing out that "the reconstruction of Syria alone is est



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