General Discussion
In reply to the discussion: Leftist Anti austerity party wins big in Greece [View all]RunInCircles
(122 posts)Germany ran up significant dept almost 10x their GDP as Hitler borrowed to finance his World War II conquest ambitions.
How many remember that the US and Great Britain forgave 90% of their dept. Great Britain paid more of their World War II dept than Germany paid even though Germany lost the war. Why did we do it? We had learned that crushing Germany economically after World War I just made the same conflict needing to be fought again. Germany apparently did not learn the same lesson and their "New WAR on Europe" fought through dept and punitive austerity can only result in more conflict. This is part of a global war of the elite bankers against the rest of the human population. Given that Germany is now a key player in trying to crush the economies of the rest of Europe perhaps somebody could ask Germany to repay their World War II dept now. This would be more than sufficient to turn the economy of the rest of Europe around and crush Germany in the process.
History lessons apparently have to be relearned as soon as the generation that lived through the last lesson pass away. 1 century ago we spent the first 50 years learning some important lessons about wealth inequality and how these conditions led to instability and military conflict. Will we spend the first 50 years of this century relearning the exact same lessons?