Why Our Credit Crunch Mirrors the Weimar Hyperinflation from 1919-1923 [View article]
Terrific article ! Everybody wants to believe we are in a situation similar to Japan. I agree that it is much more in line with Weimar Germany & Argentina of 2000. Who's gonna fund our debt based make work programs? When the fed starts to monetize the govt debt directly without going to the open market, that will be the beginning.
Why Our Credit Crunch Mirrors the Weimar Hyperinflation from 1919-1923 [View article]