[QUOTE=oldrider;1130933640]Well you could begin by listening to some other opinions points of view or historic facts about German history under Hitler such as this for example:
Link: https://www.youtube.com/watch?v=YkenkfRTn4c
So would you like to explain the fact that the German national debt was 40 billion Resichsmarks in 1939?● "Germany issued debt-free and interest-free money from 1935 on, which accounts for Germany's startling rise from the depression to a world power in five years. The German government financed its entire operations from 1935 to 1945 without gold, and without debt. It took the entire Capitalist and Communist world to destroy the German revolution, and bring Europe back under the heel of the Bankers."
- Quote taken from: Sheldon Emry's Book:
'Billions for the Bankers, Debts for the People' (1984) [unquote] - http://liberty-tree.ca/research/Bill...or.the.Bankers
Of course while not claiming everything this (or any other) author says is verbatim absolutely correct he does offer an alternative presentation to that of the mainstream media of the Western world for "consideration" by those who are interested in true history!
This was on a total government income of 30 billion Resichsmarks in 1939.
"Look, Madame, where we live, look how we live ... look at the life we have...The Republic has forgotten us."
He has said it before in pretty much those exact words previously.
Funny enough
Later, after Hitler was elected Chancellor he made a deal with Alfried Krupp - then Europe's leading industrialist - that if he would help him convince the rest of Germany's leading industrialists to back the Nazi party both politically and financially, Hitler would make sure Krupp would get preferred treatment during the rebuilding of the army. The deals he made with the others was that they would get government contracts when he rebuilt Germany's military if they would start hiring and tell their workers to support the Nazi party as the economic saviour of Germany. In addition he arranged for loans from Germany's leading banks and financiers based on the introductions from Krupp and the other industrialists to help fund public works projects aimed at getting Germans back to work and preparing the nation's infrastructure for what was to come. This is all described in Alfried Krupp's autobiography; he survived the war and a prison term and even got his family's steel works back into operation before he died.
In the wake of the world economic crisis, unemployment was high in Europe. Germany had even more financial problems than other nations because of obligations in the Treaty of Versailles, a consequence of WWI. Nevertheless, unemployment decreased in Germany more than elsewhere in Europe because Hitler and Schacht used deficit spending to finance massive job-creation programs. From 1936 on, these programs focused on re-armament. They were mostly financed by means of so-called Mefo bills, a system of deferred payment. Mefo (full name: Metallurgische Forschungsgesellschaft mbH) was a shell company (founded by Schacht) whose sole function was to accept promissory notes, mainly from armament manufacturers. This created a bubble economy, and Schacht stepped down in 1939, but the whole scandal was covered up when war broke out.
Nazi government was operating on the edge as early as 1937, and that looting the Austrian treasury in that year kept things afloat. Siezing the Ceczh treasury in early 1939 helped as well.
Germany's current balance of payments moved into deficit in 1938. In the winter of 38/39 Hitler faced a choice of either curtailing civilian consumption or slowing down rearmament.
Goering November 1938 "There is a tremendous shortage of skilled workers .....This cannot be relieved through closing down the factories which produce seemingly unimportant consumer goods. For when the workers can no longer buy consumer goods for their wages......that is the beginning of inflation, and that is the beginning of the end".
The Nazis given Germany's recent history of hyper inflation would naturally wish to avoid inflation at all costs. Hitler 22 August 1939 "Our economic situation is such that we can hold out a few more years.....We have no other choice, we must act".
Military outlays as a percent of national income (GDP for Germany):
1935: France 5.8%, Britain 2% Germany 6%
1938: France 8.6%, Britain 8%, Germany 17.2%
1939: France 23%, Britain 22%, Germany 30%
Its pretty easy to see why and what the money was being spent on.
This was also contrary to popular belief despite being repeatedly given huge write offs and concessions from the WW1 war reparations
In 1933, the new German Chancellor Adolf Hitler cancelled all payments
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Kinky is using a feather. Perverted is using the whole chicken
Whats the difference between a whooping great big dam
And some refrigerators . . Er panzers
Im also not convinced that seizing the czech treasury helped that much
Hard assets yes treasury no
Another country that tried to go it alone was Italy
That went well . . . Not
So the lessons we can learn , . . If ya go against the boys and their baylonian debt based system it will end in tears
Big time
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"Look, Madame, where we live, look how we live ... look at the life we have...The Republic has forgotten us."
Back then Stephan the treasury's assets were GOLD.......
looting assets from annexed Austria, occupied Czechoslovakia, and Nazi-governed Danzig. It is believed that these three sources boosted German official gold reserves by US $71m between 1937 and 1939.
They even managed by threating the bank officials with death to get 50 tons of Czech reserve gold transferred over in England. Before anyone caught on.http://www.telegraph.co.uk/finance/b...-stole....html
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Kinky is using a feather. Perverted is using the whole chicken
Didnt help much
https://upload.wikimedia.org/wikiped...tkriseEngl.PNG
And if i remember germany had come off the gold standard in about 33 and was funding internal expansion through government issued bonds as well as a refusal to payback overseas debt
Except one the dawes and young loan
It wasnt as rosy for the average german as one might think but it would have been a lot worse if mr hiltler have gone totally iceland on the bankers
The point is with keynesian ecomomics ya spend in the bad times and pay back in the good
Twas NZ formula for many a year until the arab money seduced a certain socialist
Anyway war ( may have) helped america hide its debts and we will never find out if germany could have
Either way the war had nowt to do with the silly little man with the face fungus
Much more to do with . . .money . . . . Just imagine if the great unwashed found out that debt free money was the way to go . . . . Bad juju . . right there .
Ps
Bank of england and old monty . . And scharcht best mates
And owned by the zionist
Look at the zionist finger prints all over the german economy until Georing took over
"Look, Madame, where we live, look how we live ... look at the life we have...The Republic has forgotten us."
I hate to burst your bubble Stephen, but whether or not the Germans were on the gold standard does not make 100's of tons of gold little or no value.
The whole world at the time was coming out of a global recession, the point I was making was Oldies posts about the great financial genius of Hitler was both naοve, wrong and plain stupid.
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Kinky is using a feather. Perverted is using the whole chicken
Well i agree about the value of the gold
Gold . .money retains wealth
Hitler . .i.e scharcht and the fella before him was hitlers good management of finances
So im afraid that I agree the oldrider
Though I will add the caveat that life in germany wasnt all a box of chocolates those unemployment figures were definitely massaged as were some employment practices
Now i dont want to head down this path again but i just thought
If you had a labour skill shortage as Georing said early 40s
Why would you exterminate a labour asset . . . Me I would be making em work , .just a thought . . . off topic
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"Look, Madame, where we live, look how we live ... look at the life we have...The Republic has forgotten us."
You seem to forget the labour skilled labour shortages were brought about by the elimination of millions of the countries future best and brightest workers in a previous war not so long previously over which monarch actually had the shiniest helmet.
Also there was quite a few best and brightest actually left the country over not being able to hold any opinion other than that the little moustached one was totally ubber cool and it was unreasonable as well as deadly to have any opinions that might be contrary to his total godlike ubber coolness.
Funny thing is all the free thinkers on KB are so quick to call the moustached one a great idol while shouting down everyone every authority figure seem to forget that holding unpopular opinions about authority would have resulted in them disappearing without a trace one night in 1933-1945 Germany. I love that irony......
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Kinky is using a feather. Perverted is using the whole chicken
Now you will have to excuae me from this conversation for a few min
This free thinker has just burnt a hole in the kitchen table . . Wife seriously not happy . . Might have to emigrate . .
As I said mr h was indeed brutal or while not being himself brutal the others that he aligned himself with were
But imagine the mess if the versailles treaty was allowed to continue
We call it austerity now and she is called angela same agenda same zionist (judaic christian alliance) only 3 countries without a cenral bank . . .they are indeed pesistant
Ps
Germany weponary was the coolist , .the tiger . . .the panzer
Britain . The matilda
The prosecution rests
Untill he can fix the table
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"Look, Madame, where we live, look how we live ... look at the life we have...The Republic has forgotten us."
Is this in the right thread
Why do women get so upset over a little dent in the table cant hardly see it . .
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"Look, Madame, where we live, look how we live ... look at the life we have...The Republic has forgotten us."
Buy a new table cloth.
Problem solved.
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