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A focused study group for the discussion of economics and economic policy.
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© 2020 Relevant Protocols Inc.
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This in an interesting article in light of the potential economic consequences of Covid 19. In particular, it looks at voting patterns of different economic groups when faced with economic woes and the rise of right wing parties to take advantage of the woes. The worst off economically, the unemployed, turned not to the Nazis but to the communists.... those just above them in the economic hierarchy, who had more to lose from the tax hikes and spending cuts, favoured the Nazis.
This in an interesting article in light of the potential economic consequences of Covid 19. In particular, it looks at voting patterns of different economic groups when faced with economic woes and the rise of right wing parties to take advantage of the woes. The worst off economically, the unemployed, turned not to the Nazis but to the communists.... those just above them in the economic hierarchy, who had more to lose from the tax hikes and spending cuts, favoured the Nazis.
Few know that the greatest driver of Nazi control was the Great Depression, a continent away
Few know that the greatest driver of Nazi control was the Great Depression, a continent away
Many Western countries pursued deep austerity measures in response to debts from the financial crisis of 2007-2008, and may again do so in the wake of COVID-19 stimulus packages. This column reviews how in the early 1930s, austerity measures worsened social suffering and contributed to political unrest paving the way for the rise of the Nazi Party in Germany. The authors argue that the absence of a coherent response to social suffering from the Weimar government worsened the slump, contributing to the radicalisation and polarisation of the German electorate.
Many Western countries pursued deep austerity measures in response to debts from the financial crisis of 2007-2008, and may again do so in the wake of COVID-19 stimulus packages. This column reviews how in the early 1930s, austerity measures worsened social suffering and contributed to political unrest paving the way for the rise of the Nazi Party in Germany. The authors argue that the absence of a coherent response to social suffering from the Weimar government worsened the slump, contributing to the radicalisation and polarisation of the German electorate.
Interesting article. Am now curious to see how this play's out in modern days...what the future economic consequences of COVID19 will be...& who/what/where society will gravitate to once the epidemic simmers down.
Interesting article. Am now curious to see how this play's out in modern days...what the future economic consequences of COVID19 will be...& who/what/where society will gravitate to once the epidemic simmers down.
Many Western countries pursued deep austerity measures in response to debts from the financial crisis of 2007-2008, and may again do so in the wake of COVID-19 stimulus packages.
Many Western countries pursued deep austerity measures in response to debts from the financial crisis of 2007-2008, and may again do so in the wake of COVID-19 stimulus packages.
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What in Bitcoin? Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems. It’s the first example of a growing category of money known as cryptocurrency.
[deleted]
What in Bitcoin? Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems. It’s the first example of a growing category of money known as cryptocurrency.
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