Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

A Golden Dawn in Greece

Options
1…4567810»

Comments

  • Options
    #272
    Duggys Housemate
    Closed Accounts Posts: 3,298 ✭✭✭Duggys Housemate


    Rojomcdojo wrote: »
    Germany during the Great Depression and Greece during the Great Recession are almost completely incomparable - firstly because a few million of them haven't just sacrificed themselves in vain, secondly, because of the stabilization factor of the common currency.

    They aren't paying 7 billion Greco-Dollars for a loaf of bread, for example.

    But people always get that wrong - including to be fair to you the Bundesbank and its successor - it wasn't the hyperinflation that lead to the Nazi's rise to power, because that happened in the early 20's and was unrelated to the rest of the world or the depression, which isn't surprising as the depression hadn't yet happened.


    What led to their rise to power was the Depression and Bruning's austerity budget. The Nazis are a result of book balancing. Of austerity.

    ( not just that, of course, but that's the economic reason).


Advertisement