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Saturday, February 28, 2026

28: Trump

The Economics of Faltering Fascism Unfortunately for Trump, and fortunately for us, he didn’t inherit an economic crisis .................. When Adolf Hitler came to power in 1933, Germany’s economy was in dire straits. Under Chancellor Heinrich Brüningthe German government had clung dogmatically to economic orthodoxy in the face of the Great Depression, staying on the gold standard and imposing ever harsher fiscal austerity. The result was economic devastation and extremely high unemployment. .......... Hitler broke with the economic orthodoxy, enabling him to preside over a rapid economic recovery. The popularity he gained from the economic revival allowed him to consolidate power. ...........

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