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To: who_would_fardels_bear

Some people here need new eyeglasses.

Austrian — ie, “Sound of Music”, Hapsburg, Vienna, Mozart, etc.

Australian — Shrimp on the Barbie, Sidney Opera House, Fosters, Men at Work, etc.

The post says “Austria, 1931” which is a reference to a belief that a run on the banks in 1931 in Austria took the the world into Great Depression. Kinda like we think it started with the 1929 Stock Market crash.


24 posted on 11/09/2011 4:29:52 PM PST by TWohlford
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To: TWohlford
"Some people here need new eyeglasses."

...and some people need a better sense of the absurd.

35 posted on 11/09/2011 5:13:35 PM PST by who_would_fardels_bear
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To: TWohlford
Kinda like we think it started with the 1929 Stock Market crash.

Actually started with U.S. immigration restriction (1921 and/or 1924), 10/1 leverage by common people on Wall Street, Prohibition (gangsters didn't put much faith in banks, which contracted the money supply), war reparations (kept Germany from rebuilding and foreign trade).

But the biggest were over-leverage and Prohibition in the U.S., and leverage and Germany in Europe.

56 posted on 11/11/2011 7:43:57 PM PST by bIlluminati (Don't just hope for change, work for change in 2011-2012.)
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