Re: The differences between 1929 and Today
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so you're saying we're gonna have a 1933 style german depression instead of a 1933 US style?
Germany in 1933 was not the world's richest nation, nor did it have the largest economy on earth and it was not facing a currency market where most currencies were pegged to the Mark, nor did it have foriegn governments that hoarded trillions of marks waiting to invest in its economy.
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well no credit crunch is what I meant.
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