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S Illinois | Is the US anything like those examples though? Weinmar Germany was hit with a bill for war reparations that from what I have seen was 6-10 times it annual budget at the end of the war. This was on top all of the other war debt it had already taken in the prior 6 years. When the reparation payments were not kept current were, allied troops occupied one of the most productive areas of Germany and as such government income was reduced even further. It was then that German printing became the problem. It would seem like the US would need to double our current national debt immediately and lose all productivity in half a dozen states before we would be approaching that situation. It would seem like the bigger problem will be the demogphaic shift path we are just starting down. A Japan type economic situation seems like the more likely course right now. | |
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For those interested in hyperinflation
