Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

German Economic Policy Under Hitler
EconomicPolicyJournal.com ^

Posted on 10/28/2008 11:20:35 AM PDT by Kozman

"The most serious financial problem for the Nazi State is not the danger of a breakdown of the currency and banking system, but the growing illiquidity of banks, insurance companies, saving institutions, etc. . . . Germany's financial organizations are again in a situation where their assets which should be kept liquid have become 'frozen'...Yet the institutions which still exist as private enterprises are not allowed to go bankrupt."

(Excerpt) Read more at economicpolicyjournal.com ...


TOPICS: Business/Economy; Government; History
KEYWORDS: 30sgermany

1 posted on 10/28/2008 11:20:36 AM PDT by Kozman
[ Post Reply | Private Reply | View Replies]

To: Kozman
Back then they blamed the problem on "international bankers" -- wink, wink.

Nowadays, we have a much clearer picture of the root cause: "Greedy Wall Street bigshots".

2 posted on 10/28/2008 11:26:42 AM PDT by ClearCase_guy
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kozman
and appropriate for itself all private funds which are essential for the further existence of a private economy.

*cough* govt to steal your 401K

Yet the institutions which still exist as private enterprises are not allowed to go bankrupt. For an artificial belief in credits and financial obligations has to be maintained in open conflict with realities.

*cough* to the tune of over a trillion now

That's awesome, we're in pretty hugh and series economic troubles, and the sum total of our govt response is to repeat Wymar Republic policy.

3 posted on 10/28/2008 11:27:49 AM PDT by SwankyC (Paris Hilton 08 - I'm voting for 2 small boobies instead of 2 huge boobs)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kozman

The Nazi Party was a left-wing movement which advocated many socialist policies, and sought to drive out Christianity and replace it with some kind of mythical ancient German paganism.

If I’m not mistaken, the Nazis were big into organics and some were vegans.

Goldberg covered this well in Liberal Fascism.

Anyways, Nazi stood for “National Socialist”. Of course, any lefty historian will tell you not to pay attention to the words, that somehow it was in reality a right-wing movement. Naturally, that ignores the fact that the German business community either fell in line with Hitler or got screwed. Also, progressivism/socialism does incorporate a role for big business. It’s smaller businessmen and entrepreneurs who are squeezed out.


4 posted on 10/28/2008 11:29:57 AM PDT by Harry Wurzbach (Joe The Plumber & Rep. Thaddeus McCotter are my heroes.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Harry Wurzbach
If I’m not mistaken, the Nazis were big into organics and some were vegans.

Hitler himself was vegan and rabid anti smoking...er nazi.

5 posted on 10/28/2008 11:38:18 AM PDT by lovecraft (Specialization is for insects.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Kozman

The Volkswagon shorts sure got caught with their lederhosen down at the ankles yesterday. As if the german economy didn’t have enough problems currently, about several billion in euros went poof yesterday as the mother of all short squeezes occured. At one point, Volkswagon was trading with a higher market cap than ExxonMobil.


6 posted on 10/28/2008 11:45:16 AM PDT by Proud_USA_Republican (We're going to take things away from you on behalf of the common good. - Hillary Clinton)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ClearCase_guy

Yeah, back then the dumb-kopfs didn’t know the difference between international bankers and Wall St bigshots.


7 posted on 10/28/2008 11:50:11 AM PDT by nkycincinnatikid
[ Post Reply | Private Reply | To 2 | View Replies]

To: Harry Wurzbach

There was no significant difference between Nazi Germany and Stalinist Russia. Both were economically leftist, statist tyrannies with ideologies which were “patriotically/racially” modified flavors of socialism. Both espoused a national socialism in one country, as opposed to the Leninist and Trotskyist International Socialism. “Inter-”... That’s all the difference between “classical” Commies and the National-Socialists in Germany and Russia.


8 posted on 10/28/2008 11:58:56 AM PDT by SolidWood
[ Post Reply | Private Reply | To 4 | View Replies]

To: ClearCase_guy

>Nowadays, we have a much clearer picture of the root cause: “Greedy Wall Street bigshots”.

So... does that make whites Barak’s choice for “The Final Solution”?


9 posted on 10/29/2008 11:23:37 AM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
[ Post Reply | Private Reply | To 2 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson