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Tuesday, January 06, 2009
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lazen
Activist
Posts:326
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| 20/09/2008 11:12 AM |
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Let us all not forget that it was Debt-Germanys Reparations Debt that brought on the Crisis of the 1930s.?Basically after the Wall St Crash Germany could not keep up the payments to the Allies.
The crisis escalated when the Weimar Govt hyper printed banknotes to pay striking Alsace Coal Miners.This started the hyper inflation.
Are we not facing a similiar debt crisis where the country/people/Govt/Banks cannot keep up the payments?
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