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Is Inflation Again the Route to Fascism?

  • 19-12-2012 6:21am
    #1
    Closed Accounts Posts: 64 ✭✭


    The 9/11 attacks were not about terrorism; they were about setting conditions similar to post-WWI Germany. Much as the U.S. and the E.U. are mired in debt-induced recessions with no clear path to recovery, the reparations imposed on Germany in 1919 by the Treaty of Versailles threw a proud and industrious people into a humbling hyperinflation and a protracted depression. Out of that toxic financial mix emerged a rabid nationalism that took political form as the National Socialist Workers Party (Nazis). Could that be what we now see emerging in the U.S.?

    read more

    In order for Israel to eliminate it's regional enemies and establish "Greater Israel" It must first convince Americans and Europeans that Islam is the enemy which should be eradicated.

    Should Israel induce us into yet another war in the Middle East or North Africa, energy prices will initially spike and then plummet as teetering economies falter and then fail. As the price falls for oil and natural gas, governments in the region will fail as their citizens grasp that promises made in the post-Arab Spring era can no longer be kept. As we (and they) fall deeper into a fiscal morass, those who have long sought hegemony in that region may yet realize their agenda for Greater Israel. Meanwhile, America may well face the existential threat of financial collapse.

    One point of the article indicates that America, as a result of a poor economy could be a catalyst for "The Fourth Reich" where many Americans blame the Muslims for their economic problems just as the Germans blamed the Jews before WW2

    The Fuhrer of that era blamed Jews. Will a similar charismatic leader emerge to blame Muslims? Will a war-weary America succumb to the same crude appeals to hate mongering, nationalism, militarism and a homeland-security state? As the Fed turns to its crude toolkit (a liquidity pump) to address unemployment, economic insecurity and the demands of foreign bondholders, at what point does inflation become the financial escape route from a web of debt—as in Weimar Germany?

    Will history repeat itself? Yes, I believe it will unfortunately.


Comments

  • Closed Accounts Posts: 64 ✭✭kristopher_1


    Is it any wonder people are marching like ants into the abyss?


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