Hacker News new | ask | show | jobs
by unhomedcoder 2248 days ago
unemploymemt in Weimar 1932 was 30%.

umemploymemt in the Reich in 1936 was 1%.

like some wise economist said "it's the economy, stupid."

i hear today US unemployment is 30+% and will hit 45% by July. i guess if America was ever going to repeat the steps from Weimar to Reich, that time is now.

what was Hitler's formula for his economic miracle? it was dead simple.

1. default on the War Debt (owed to America)

2. pour over 50% of GDP in the re-armament in preparation to go to War.

America is -$27 trillion in debt now. if we start ramping up the war machine to test drive the eagle against, oh, say, Chy-na, then start to worry about the new Weimar to Reich tramsition.

may you live in interesting times.