Skip to main content

View Diary: German Spiegel: "Notes on the Decline of a Great Nation" (317 comments)

Comment Preferences

  •  Should be looking to Britain during the Depression (0+ / 0-)

    to get a good example of what Austerity on the gold standard does.  But there are plenty of historical examples.

    Last one out of the hard currency gets hurt the worst.  

    Happy little moron, Lucky little man.
    I wish I was a moron, MY GOD, Perhaps I am!
    —Spike Milligan

    by polecat on Tue Nov 27, 2012 at 06:39:49 AM PST

    [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site