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Fall of Another Empire of Debt

25 Mar

A comparison between Germany’s Wiemar Republic (which laid the foundation for the Hitler regime and WWII) and the current US gov-co and economy.  The video is not profound, but it’s informative and good.

video    00:06:42

 

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5 responses to “Fall of Another Empire of Debt

  1. Anon4fun

    March 25, 2013 at 2:42 PM

    The mistake Germany made was trying to print its way out of a debt it could not legitimately pay under the terms imposed. The lesser of two evils was the vastly less destructive “Iceland” option of choosing life before finance and unilaterally restructuring their debt.

    Germany had enough self-sufficiency to withstand whatever sanctions would have been imposed as a consequence, and the destabilization that resulted in Hitler and World War II would have been avoided.

     
    • Jerry Sparks

      April 1, 2013 at 6:28 PM

      ” ……print its way out of a debt ”
      A4f, remember Greenspan saying the same thing? I have it on a video. he said, No problem, we can always print more paper.”

       
  2. Yartap

    March 25, 2013 at 7:25 PM

    Any debt with interest (any interest) is a tool of destruction against a people. It is impossible to repay; therefore, it is a thief crime.

     
  3. Anon4fun

    March 25, 2013 at 7:54 PM

    “After WWI, Germany fell into the hands of the German International Bankers. Those bankers bought her and they now own her, lock, stock and barrel. They purchased her industries, they have mortgages on her soil, they control her production; they control all her public utilities. The International German Bankers have subsidized the present government of Germany and they have also supplied every dollar of the money Adolf Hitler has used in his lavish campaign to build up a threat to the government of Bruening. When Bruening fails to obey the orders of the German International Bankers, Hitler is brought forth to scare the Germans into submission. ”

    – Rep. Lewis T. McFadden, Chairman of the House Banking and Currency Committee, 1931

     
  4. Yartap

    March 25, 2013 at 8:04 PM

    God Bless Rep. McFadden! One of the greatest unheard of American Heros!

     

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