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Die Zeit Writes: “‘recovery At Last!

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At the same time there are voices warning of undue optimism about an economic recovery. In its latest edition, the weekly Die Zeit writes: “‘Recovery at last! Investment bankers establish upward trend,’ reads the New York Times. ‘Further progress in the business world,’ reports the Wall Street Journal. ‘Economists see signs of a recovery.’ ‘Powerful rise on the stock markets,’ report others... The headlines appear to come from August 2009. In fact, they are from the year 1931. They were published in the midst of the Great Depression in the US, i.e., in the blackest economic epoch of the 20th century.

“At that time there were also stock market rallies, euphoric commentaries by experts and those ready to dress up economic statistics. They always, however, quickly came to an end. The economy and stock markets first experienced a sustainable recovery from 1933 onwards—on the basis of a dramatically shrunken economic landscape.â€

And—one should add—under conditions of a fascist dictatorship which brutally suppressed the German working class and prepared the way for the Second World War, which led to destruction and devastation across the globe.

Once again, the propaganda about an end of the crisis is the prelude to violent social conflicts.

Linky http://www.inteldaily.com/news/172/ARTICLE...2009-08-20.html

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