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Politics : Actual left/right wing discussion -- Ignore unavailable to you. Want to Upgrade?


To: Brumar89 who wrote (9818)2/3/2011 7:02:37 PM
From: Jacques Chitte  Respond to of 10087
 
The hyperinflation was domestic, and that was caused by exhaustion of money. Hyperinflation practically demands revolution. It is a spectacular symptom of a government's domestic failure. Germany's response was equally spectacular. South America in the second half of the twentieth century contained many examples of a country bankrupting itself and experiencing a coup. The current example, Egypt, has something to do with national poverty, although this has more to do with greedy leaders than national bankruptcy. Japan has had economic woes for twenty years now, but has managed to keep the creditors at bay and society on a pretty even keel. I foresee the major western nations following a Japan-style trajectory rather than a revolutionary one. Russia (the last major power to have a change of government) defies characterization.