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Is Europe today with Europe in 1930's similar in any way?

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Southern Europe's economic malaise echoes Great Depression Still, one cannot help but notice similarities with the 1930s. At the time of the Great Crash, the United States and France were piling up gold as fast as the Weimar Republic was piling up unemployment. read more

The Great Depression would not have been half as bad as it was if governments hadn't put tariffs in place or put in place policies of austerity at its beginning. Once it had begun it was a vicious cycle but it could have been avoided if better decisions had been made right at its outset. read more

Europe is trapped in similar orthodoxy to that of their prewar forebears. In Germany, they hold the firm belief that inflation is the greatest evil to inflict humankind. Yet the ECB has mastermind the greatest monetary expansion in history without success of stimulating anything. read more

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