America today stands on the precipice of a full blown depression. International market forces are making the dollar increasingly weak, and the response of our government is to produce artificial demand by printing vast amounts of currency and credit. Is this America in 1933 under Franklin Roosevelt? No, it is Weimar Germany under Wilhelm Cuno. What Barack Obama is proposing is to take a nation facing enormous debt and economic slowdown and to “cure” these problems by dramatically increasing the money in our economy. This is the economics of Germany before Hitler came to power.
Guest Piece: The Stalingrad of Sovietism
Twenty years ago, the Kremlin lost its own Battle of Stalingrad: Communist Poland formally legalized Solidarity, a labor union that truly was a labor union. In 1943, after the Battle of Stalingrad, it was certain that Hitler could not “win” the war (i.e. he could not achieve the sort of military advantage which would force the democracies to make peace with him.) The Red Army, growing stronger by the day, would fight the bulk of the German land forces until the overwhelming material superiority of America would lead to the absolute defeat of the Axis. There would be respite for the Wehrmacht, like the destruction of the Soviet Sixth Army in the Spring of 1943, but the Germans could do nothing to prevent the inevitable conquest of their country.
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