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EmmaRoid

Interesting Snippet, Nazis And Landlords

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Kate Allen (@StatsJournalist) tweeted at 9:58 am on Sat, Oct 05, 2013:

Hmm, interesting. The Third Reich guaranteed landlords' mortgages against default, which helped bring down borrowing costs.

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Kate Allen (@StatsJournalist) tweeted at 10:02 am on Sat, Oct 05, 2013:

'Hitler's regime couldn't resolve contradiction between its aspirations for standard of living & the actual purchasing power of the pop'n'

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Kate Allen (@StatsJournalist) tweeted at 10:02 am on Sat, Oct 05, 2013:

(This is from 'The Wages of Destruction' by Adam Tooze btw)

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State intervention in economic production arises only when private initiative is lacking or insufficient, or when the political interests of the State are involved. This intervention may take the form of control, assistance or direct management.

Not my words - Mussolini in 1935

Help To Buy etc helps promote the political interests of the State.

Edited by aSecureTenant

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