REPEATING THE 1930’s

Chamberlain (right) shakes hands with Mussolini after signing the Munich Agreement while Hitler and other European leaders look on, 30 September 1938. Photograph: Hulton-Deutsch Collection/CORBIS

It’s DEJA VU all over again!

The world is starting to resemble the 1930’s, which ended in WWII.

1) ITALY may not seem important.  But In 1922 the fascists came to power and Mussolini proclaimed a revival of the Roman Empire.   That was the beginning of World War II in Europe.   Fascism was a major force in a number of European countries in the thirties.

The country had an election last Sunday.  The result stunned Europe — two populist parties got most of the votes.   The two parties are widely seen as the equivalent of the fascist party that ruled Italy up to and during WWII.

This follows an election a few months ago that had a similar outcome in Germany.  The AfD there is now the main opposition party.   These parties in Germany, Italy and elsewhere in Europe are often labeled “far-right.”   They are all “populist” parties that have gained support at the expense of mainstream political parties.   They are anti-EU and anti-immigrant, as well as very nationalistic.

2)  There is increasing talk of a TRADE WAR on both sides of the Atlantic.   What started out as retaliation against unfair Chinese trade policies is spreading into a full-scale trade war between the US and the EU.   The Smoot-Hawley Act of 1930 followed the stock market crash and put high tariffs on US imports.   It is considered a major development on the road to the GREAT DEPRESSION, which led in turn to WW2.  It is difficult to see how the western alliance can hold together with increasing conflict over trade.

Historically, trade wars increase unemployment;   while unemployment leads voters to turn to the right, becoming more nationalistic.   A trade war will strengthen populist parties everywhere.

3) GERMANY REARMING  — President Trump has been pushing  for this to force Germany to contribute more to western defense.   Germany now has a military presence in the Sahel,  Afghanistan, the Persian Gulf and Baghdad.  Germany is also at the forefront of calling for a united European military force.

4)  UK & GERMANY AT LOGGERHEADS — In 1938 the British government was seeking to appease Germany; it still is, though this time there’s no talk of war. Just TALK, TALK, TALK over trade following Brexit. It does not look good for Britain as I write.

5)   GROWING ANTI-SEMITISM.    There have been a number of attacks on Jews in France, so many, in fact, that French Jews are leaving in record numbers for Israel; the Polish parliament has passed a law that forbids people from claiming Polish involvement in the Holocaust, even though it’s known that 200,000 Poles helped the Nazis round up Jews during World War II and assisted in the extermination camps; thirdly, Iceland has just banned male circumcision, while other countries are considering it.   This action will affect Muslims as well as Jews.

6)  RUSSIA IS MAKING THREATENING NOISES UNDER PUTIN, just as it did under Stalin.   Could Russia and Germany repeat the 1939 Molotov-Ribbentrop pact?    Both China and Russia now have dictators for life.   A prominent spokesman for the Russian Orthodox Church is calling for the restoration of the monarchy in Russia.  He seems to have Putin in mind as Czar.  Whatever happens domestically in each country, the US will likely be in confrontation with both in the future.  In the 1930’s Stalin’s threats were ideological;  now the threats are just plain old-fashioned nationalism.

7)  AMERICA FIRST – in the 1930’s it was AMERICAN ISOLATIONISM, now it’s called AMERICA FIRST. And it’s not just Trump – America is focused on itself.   There is little foreign news on TV and most people just aren’t interested in what’s happening overseas.  It took Pearl Harbor to wake Americans up.   What will it take this time?

CONCLUSION

History repeats itself.  But it does not repeat itself exactly.   It remains to be seen how future events play out.  But the similarities with the 1930’s are definitely there.

There are, however, two big differences.

During the 1930’s the world’s only superpower was the British Empire.    This no longer exists.   There is also no Winston Churchill warning of the dangers ahead.   Without a warning message it is doubtful nations will make the changes needed to change course and avoid the mistakes of eight decades ago.

The above is a speech I’ve prepared for Men’s Speech Club  tomorrow.   I decided to post it to my blog.

 

 

 

 

 

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8 thoughts on “REPEATING THE 1930’s”

    1. Well said Melvin, the similarities are definitely there. So much for multi-culturism and globalisation. I always thought it would lead to trouble. There’s a price to pay whatever you do.

  1. I would like to clarify one thing if I may. The primary cause of the so-called great depression was extreme money creation by the newly created Federal Reserve which fed a buy-on-credit frenzy. Mr Armstrong laid this out quite well in his autobiography.

    Tariffs and trade restrictions are a cause of war, they are a symptom of deteriorating conditions.

  2. The parallels are striking indeed! But, like your good self and others I’m not at all surprised. You’ve no doubt heard what Mark Twain is reputed to have said, “History doesn’t repeat itself, but it does rhyme.” And it’s rhyming a little more with each passing day. Methinks I’ll be keeping an eye on the affairs of Germany and Italy more closely from now on since we all know what happens when those folks get together now, don’t we?! 😉

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