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You know that the US had one of the largest stake in Germany's appalling debt before Hitler took power, right? Why do you think it took 10 years for the Nazis
by giansegato 5y ago
You know that the US had one of the largest stake in Germany's appalling debt before Hitler took power, right?
Why do you think it took 10 years for the Nazis to go to power? Between '23 and '33 one thing happened: 1929. And yes: it happened in New York.
- easytiger 5y agoI think you'll find more than one thing happened. As it happens the Nazis rise to power is just about the most studied period of human history. Trying to generate some level of John Nash type synchronicity going from an invalid inference of similarity between wealth inequality in two separate periods of history to ww2 to impeding doom is absurd. Even more foolish to assert the great depression was so simply explained by inequality. That's obviously not the case.
- giansegato 5y agoNever once I said it's the _only_ reason this happened (obviously). But between "it's the only reason" and "it has nothing to do with it" there's a lot of ground to cover, don't ya think? I don't think it's far fetched to assert that the US and Germany in the 20s were extremely connected, financially speaking. How much this impacted the subsequent events can be debated. But believing in no impact at all is just intellectually dishonest. It's a plain fact that '29 and investment dry-up in Europe caused incredible hardship on Germans (and their voting preferences in the '33 elections).
- easytiger 5y agoThe guy was asserting that inequality in the USA was the mechanism of chaos that was subsequently unleashed.