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Old 11-30-2007, 12:08 AM
PLOlover PLOlover is offline
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Join Date: Jun 2005
Posts: 3,465
Default Re: The differences between 1929 and Today

[ QUOTE ]
Quote:
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.

[/ QUOTE ]

well no credit crunch is what I meant.
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