Reply #2: Hmm, maybe.

[fasttense]

His analysis is a bit off.

1st off the Smoot-Hawley-tariff is a favorite wiping boy of the radical right. The tariff only affected imports which were less than 5% of total US GDP in 1930. So any affect the tariff might have had was very minimal because the US imported so little.

And he is missing a major event in German society - the return of a large number of veterans from the war. These returning vets had no jobs to come home to and sided with the working class to fight off the economic elites.

Greece today has no returning Army. But one country does - The U.S.

If austerity in the US gets worse, expect a German style result.