Nobody escapes Greece, Portugal, Iceland and Spain are struggling to pay the debt. The European Central Bank has come to the aid of each of these countries located in an unstable manner tightrope. The formula is the worst of all possible: intervention does not mean "never I could say, "forgiveness", but simply trying to find something like a guarantor for the grant of a new loan can pay above would inevitably create more debt to the view that there is no interest free credit. Well, there are other ways to pay the debt. Some of them surprised us with its originality and by that which the best hunter is the one who manages to kill two birds with one type.
emule found in some notes issued by the Colegio "El Valle", Department of Social Sciences, Modern History course by 1 ยบ de Bachillerato. The notes are titled and Italian Fascism German Nazism. Definitely there is nothing like private education ... The notes show some inappropriate historical rigor in middle school English, include references and in just eight pages extremely clear summary of the contents of these doctrines without falling into facile insults own Education for Citizenship apologies or worthy of the past.
One thing has attracted particular attention in these notes: the report on "The Political Economy of Socialism" that is often ignored tricky to prioritize the elements on the Holocaust, highlighting the emotional and sentimental memory of Anne Frank or to shift the responsibility World War II in the Third Reich (and if you had some responsibility was in the invasion of Poland made to close a border dispute in view of the Poles refused to negotiate supported by the United Kingdom. It was precisely the United Kingdom who pushed to France in the days following the start of the invasion on September 1, 1939 for day 3, both countries declared war on Germany. That statement revived the machine of American capitalism that barely functioned since the 1929 crisis and the New Deal had failed to implement. Put another way: capitalism managed to get out of a crisis that had not been overcome in 10 years to be taking note of the time-setting up a little war at all).
cut and pasted a portion of those notes that explain how economic policy was the Third Reich and its main objectives:
Combat debt: can not devalue the framework because it will automatically increase the amount of external debt. Resort to a drastic procedure, the creditors are paid with blocked marks, which only serve to buy in Germany.
This idea to combat debt surprised by what you have to imagine and comes down to this: "If someone wants to collect our debt, we intend to pay the voice ya, only that the creditor receives money, is money to Monopoly, recognized by the state and useful to be invested in the territory of that State. " Thus, good hunter who was the economist Hjalmar Schacht was killing two birds with one type: fully reduced external debt of a day to day and ... used all that money to achieve economic recovery and create wealth.
now know how the hell the Third Reich got through to 3,000,000 unemployed (in a country that then had a larger population than Spain at the moment, that figure was considered unaffordable by the company and generated growth ends political spectrum and the collapse of the Weimar Republic. We can imagine what would have been to 6,000,000 unemployed, the German equivalent of the era to today supporting Spain in 2011) to full employment and the formation of an ultra-modern state in which the highways, television and the development of I + D + i formed the backbone that allowed to pass between January 30, 1933 (the date on which the Chancellor Hitler assumed the reins) and 1 September 1939 to a new phase of development never experienced before in Western country any . The solution was therefore very simple: "blocked marks that serve only to buy in Germany ...." It is a tradition of fine policy to offer simple solutions to complex problems.
goodness and effectiveness of this solution was demonstrated in practice and no one can doubt that the results we achieve the rating of outstanding. Of course, the counterpart were political liberties, the destruction of the Weimar Republic and the imbalance in continental Europe with the emergence of a central power around which and its growth would have gravitated throughout continental Europe in less than a decade. Do not know if the phrase "guns or butter?" The actually delivered Rudolf Hess, Hitler's deputy, or is one of many legends. In reality the choice was "Political freedom and wealth now?". And put things well, I fear that Hitler would have won any plebiscite and raised.
Well, we know how they resolved the issue in 1933-1939. Now make a transition from almost 75 years until today. Would it be possible to say to investors: "There you have Monopoly money today that you should invest in our country? No, of course, is a single currency in Europe despite bad we-and most economic decisions pass by. Apart from this exception, which is not trivial, as Hjalmar Schacht solve today our economic problems forever. Is there debt? Paid, but the money received by the lender wants to charge reversed-if-in the national economy. In this case in the European economy. Great. Ah, of course, the fact that the Third Reich was a strong state public debt was issued outside of "compulsory purchase" by banks and thrifts. Yes, indeed, that image that lavished Marxist historiography that "fascist states" were entities in the service of capitalist gentry were absolutely false: not only were false but the Reich went into waist-to-Bank ... instead of paying their bonus, their whims and their benefits. And is that Reich was led by "monsters" were not willing to eat from the hand of the bank. Compare it with the ruling class of today's European states and will be the difference between the "statesman" and "professional politician", between the steel and the slug.
is said that when there is a debt both suffer: the lender because they do not know if it will charge and the debtor because it must deal with payments often unbearable. The "technical Schacht" resolves this conflict: both are satisfied and they are eternally grateful to each other. There is a but ...
... The only solution is acceptable if the proposer is insolvent, reliability and sufficient capacity for the "Monopoly money" becomes real money to fulfill its economic function: to provide benefits to its owner and generate development. If money is only good for the former, the lender ends up being a speculator sharks and their only reward is a normal situation, until recent decades that has lost all idea of \u200b\u200bnormality in economics, is the wall. Hunger speculate, speculate with the welfare of a people is a crime against the community. The greatest crime that can be committed and imagining.
There is another point in those notes of the College "The Valley" worthwhile to bring up. Look:
Combat inflation: economist Schacht, tried to avoid it through "MEFO Effects", paper guaranteed by the Bank of Germany. Pressed so that instead of presenting them at a discount at the Bank were paid to them in everyday exchanges, so led to a movement pseudomonetaria. At the same time, was geared towards low consumption.
Indeed, the biggest problem is that the first proposal does not lead to a speculative process control. Schacht also solved a base of petroleum jelly. "Effects MEFO" were notes issued by the State that turned to discount the Reichsbank and functioned as a parallel currency. This disguised the budget deficit (and defense spending). It was a way to expand credit without the devaluation or inflation (which also effects it was preventing the outflow of foreign exchange, and was the gold standard remained inside.
The liberal economy is to ensure the lender as much interest and guarantees. So civilization is conceived of usury. It seems that in the economy as conceived from Gottfried Feder to Hjalmar Schacht what is ahead of the rights of the usurer was the development of the nation.
The German defense budget in 1933 was 8%, five years later had increased to 60%. Not bad. It follows "a certain aggressiveness" of the Third Reich that one day would be needed to compare with the "military-industrial-oil ruling today in the U.S.. The German arms industry, not only profit but generated employment. Employment generated economic growth. The weapons caused investors and security ensured a growing wave of public works inconceivable at that time in a developed and a level of debt that accumulated as the Weimar Republic. Compare that policy practiced by the shoemaker and see that any comparison is impossible. The weakness against strength, it is not only the mistrust of confidence, insecurity versus security. It is often said that "money is a coward" and it's true: run away from weakness except when accomplished, as is currently the case that the government of the day, weak, cowardly, and corrupt self-conscious, eating out of his hand.
anyone imagines Reich guiding those terrible, people who had known the hardships and destruction of the sides, who had fought for 15 years to build a "new Germany" and a "thousand year Reich" bowing to a banker? No, of course. Well, maybe it's time to regain people's shaft and steel, burnt apart, rather than political slimy, leathery and mentally frail. This crisis is greater than that of 29 and this is not on track to be resolved, except for the way usual in these cases: a little war of anything to put up factories and move the money on reconstruction.
Source: Infokrisis
emule found in some notes issued by the Colegio "El Valle", Department of Social Sciences, Modern History course by 1 ยบ de Bachillerato. The notes are titled and Italian Fascism German Nazism. Definitely there is nothing like private education ... The notes show some inappropriate historical rigor in middle school English, include references and in just eight pages extremely clear summary of the contents of these doctrines without falling into facile insults own Education for Citizenship apologies or worthy of the past.
One thing has attracted particular attention in these notes: the report on "The Political Economy of Socialism" that is often ignored tricky to prioritize the elements on the Holocaust, highlighting the emotional and sentimental memory of Anne Frank or to shift the responsibility World War II in the Third Reich (and if you had some responsibility was in the invasion of Poland made to close a border dispute in view of the Poles refused to negotiate supported by the United Kingdom. It was precisely the United Kingdom who pushed to France in the days following the start of the invasion on September 1, 1939 for day 3, both countries declared war on Germany. That statement revived the machine of American capitalism that barely functioned since the 1929 crisis and the New Deal had failed to implement. Put another way: capitalism managed to get out of a crisis that had not been overcome in 10 years to be taking note of the time-setting up a little war at all).
cut and pasted a portion of those notes that explain how economic policy was the Third Reich and its main objectives:
Combat debt: can not devalue the framework because it will automatically increase the amount of external debt. Resort to a drastic procedure, the creditors are paid with blocked marks, which only serve to buy in Germany.
This idea to combat debt surprised by what you have to imagine and comes down to this: "If someone wants to collect our debt, we intend to pay the voice ya, only that the creditor receives money, is money to Monopoly, recognized by the state and useful to be invested in the territory of that State. " Thus, good hunter who was the economist Hjalmar Schacht was killing two birds with one type: fully reduced external debt of a day to day and ... used all that money to achieve economic recovery and create wealth.
now know how the hell the Third Reich got through to 3,000,000 unemployed (in a country that then had a larger population than Spain at the moment, that figure was considered unaffordable by the company and generated growth ends political spectrum and the collapse of the Weimar Republic. We can imagine what would have been to 6,000,000 unemployed, the German equivalent of the era to today supporting Spain in 2011) to full employment and the formation of an ultra-modern state in which the highways, television and the development of I + D + i formed the backbone that allowed to pass between January 30, 1933 (the date on which the Chancellor Hitler assumed the reins) and 1 September 1939 to a new phase of development never experienced before in Western country any . The solution was therefore very simple: "blocked marks that serve only to buy in Germany ...." It is a tradition of fine policy to offer simple solutions to complex problems.
goodness and effectiveness of this solution was demonstrated in practice and no one can doubt that the results we achieve the rating of outstanding. Of course, the counterpart were political liberties, the destruction of the Weimar Republic and the imbalance in continental Europe with the emergence of a central power around which and its growth would have gravitated throughout continental Europe in less than a decade. Do not know if the phrase "guns or butter?" The actually delivered Rudolf Hess, Hitler's deputy, or is one of many legends. In reality the choice was "Political freedom and wealth now?". And put things well, I fear that Hitler would have won any plebiscite and raised.
Well, we know how they resolved the issue in 1933-1939. Now make a transition from almost 75 years until today. Would it be possible to say to investors: "There you have Monopoly money today that you should invest in our country? No, of course, is a single currency in Europe despite bad we-and most economic decisions pass by. Apart from this exception, which is not trivial, as Hjalmar Schacht solve today our economic problems forever. Is there debt? Paid, but the money received by the lender wants to charge reversed-if-in the national economy. In this case in the European economy. Great. Ah, of course, the fact that the Third Reich was a strong state public debt was issued outside of "compulsory purchase" by banks and thrifts. Yes, indeed, that image that lavished Marxist historiography that "fascist states" were entities in the service of capitalist gentry were absolutely false: not only were false but the Reich went into waist-to-Bank ... instead of paying their bonus, their whims and their benefits. And is that Reich was led by "monsters" were not willing to eat from the hand of the bank. Compare it with the ruling class of today's European states and will be the difference between the "statesman" and "professional politician", between the steel and the slug.
is said that when there is a debt both suffer: the lender because they do not know if it will charge and the debtor because it must deal with payments often unbearable. The "technical Schacht" resolves this conflict: both are satisfied and they are eternally grateful to each other. There is a but ...
... The only solution is acceptable if the proposer is insolvent, reliability and sufficient capacity for the "Monopoly money" becomes real money to fulfill its economic function: to provide benefits to its owner and generate development. If money is only good for the former, the lender ends up being a speculator sharks and their only reward is a normal situation, until recent decades that has lost all idea of \u200b\u200bnormality in economics, is the wall. Hunger speculate, speculate with the welfare of a people is a crime against the community. The greatest crime that can be committed and imagining.
There is another point in those notes of the College "The Valley" worthwhile to bring up. Look:
Combat inflation: economist Schacht, tried to avoid it through "MEFO Effects", paper guaranteed by the Bank of Germany. Pressed so that instead of presenting them at a discount at the Bank were paid to them in everyday exchanges, so led to a movement pseudomonetaria. At the same time, was geared towards low consumption.
Indeed, the biggest problem is that the first proposal does not lead to a speculative process control. Schacht also solved a base of petroleum jelly. "Effects MEFO" were notes issued by the State that turned to discount the Reichsbank and functioned as a parallel currency. This disguised the budget deficit (and defense spending). It was a way to expand credit without the devaluation or inflation (which also effects it was preventing the outflow of foreign exchange, and was the gold standard remained inside.
The liberal economy is to ensure the lender as much interest and guarantees. So civilization is conceived of usury. It seems that in the economy as conceived from Gottfried Feder to Hjalmar Schacht what is ahead of the rights of the usurer was the development of the nation.
The German defense budget in 1933 was 8%, five years later had increased to 60%. Not bad. It follows "a certain aggressiveness" of the Third Reich that one day would be needed to compare with the "military-industrial-oil ruling today in the U.S.. The German arms industry, not only profit but generated employment. Employment generated economic growth. The weapons caused investors and security ensured a growing wave of public works inconceivable at that time in a developed and a level of debt that accumulated as the Weimar Republic. Compare that policy practiced by the shoemaker and see that any comparison is impossible. The weakness against strength, it is not only the mistrust of confidence, insecurity versus security. It is often said that "money is a coward" and it's true: run away from weakness except when accomplished, as is currently the case that the government of the day, weak, cowardly, and corrupt self-conscious, eating out of his hand.
anyone imagines Reich guiding those terrible, people who had known the hardships and destruction of the sides, who had fought for 15 years to build a "new Germany" and a "thousand year Reich" bowing to a banker? No, of course. Well, maybe it's time to regain people's shaft and steel, burnt apart, rather than political slimy, leathery and mentally frail. This crisis is greater than that of 29 and this is not on track to be resolved, except for the way usual in these cases: a little war of anything to put up factories and move the money on reconstruction.
Source: Infokrisis
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