YouSaid · the spoken record
Thomas Mayer
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- 2020-01-05
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- 2020-01-05
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“A lot of resentment on the part of the losers, Germany in particular, which opened the door to a new nationalist feeling. And then when you go further on in time and you look at the depression, the early 1930s, where the economy turned down, where there was a lot of unemployment, this facilitated or paved the way of the Nazi regime to its ascendancy. began World War II and they defeated, fortunately. But this time around, the Allies, and in particular the French, the Americans, and also the British thought that it was not a good idea to repeat the policy after World War I.”
2020-01-05 · We Study Billionaires · TIP276: The Euro & Its Impact On European Banking w/ Thomas Mayer (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“As you say, I think we have to go back to World War I, because I think this was a trauma that affected Europe. The war itself, of course, ended the old times when it brought the new world. But it was not only the war who turned out to be a drama for Europe, it was also the end of the war. The Treaty of Versailles was an old-fashioned peace treaty. There was clearly the losers were the guilty ones where they want to were dictating the term. It was understandable from the time, but its effects were not very good.”
2020-01-05 · We Study Billionaires · TIP276: The Euro & Its Impact On European Banking w/ Thomas Mayer (Business Podcast) · IDENTIFIED FROM THE TRANSCRIPT