Why Our Credit Crunch Mirrors the Weimar Hyperinflation from 1919-1923 [View article]
I think you are right. The fact that the US is a debtor nation as Germany was at that time says a similar result is very possible.... And I always thought This situation could be worse than the US great depression because of that fact. Unfortunantly I see more similarities. The situation led to a very populus leader who seemed to produce more reasons to control more of the nation. Of course for any such control an enemy needs to be produced. Could it be Republicans? Christians? Jews? Bankers? Wall street? The Rich? The Poor? Foriegners? Terrorists would be logical but they are real enemies. Reality is not as important as appearances of reality for control type people. For control type people to be effective, they must convince the majority their problems were caused by some evil group.thus by believing they also believe by fixing that group all will be great...Has worked for Castro for ages. Since the evil US has not traded with Cuba for ages, the reason for the poor cuban economy is the US failing to trade. Fools will believe anything.
Why Our Credit Crunch Mirrors the Weimar Hyperinflation from 1919-1923 [View article]