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(Global Credit) - Nazism - ''Nazi-inspired' .. group becomes Sweden's most popular party..' - '..Mises as the sworn enemy of national socialism..'

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'..The suppression by the elite of frank discussion of matters such as the integration of immigrants into society .. This problem is particularly acute in Europe, where mechanisms of conformity and social control are more pronounced than in the US. But the US is not immune..'

'..to illustrate my point about the Swedes’ attempt to flee from their historic identity and current cultural realities.. This behavior is precisely why, to the shock of the Swedish establishment, that a far right nativist party now leads the polls in the country. The suppression by the elite of frank discussion of matters such as the integration of immigrants into society, the failure to deal with potential terrorist threats emanating from the immigrant population, and the creation of protected classes inevitably pushes people towards the fringes, and strengthens those whom the elite despises most. This problem is particularly acute in Europe, where mechanisms of conformity and social control are more pronounced than in the US. But the US is not immune. Indeed, the appalling success of Donald Trump here is the result of the same dynamic.'

- Political Correctness and Building Social Strife in Europe–and America, August 22, 2015



'A far-right, anti-immigration party has become Sweden’s most popular party, according to an opinion poll.

The Sweden Democrats are now supported by 25.5 per cent of voters, the YouGov poll for Metro newspaper suggests.'

- 'Nazi-inspired' anti-immigration group becomes Sweden's most popular party, August 21, 2015



'..Knowing Mises as the sworn enemy of national socialism, the Nazis confiscated Mises's papers from his apartment and hid them for the duration of the war..'

'In the late 1930s, after suffering from the worldwide depression, Austria was threatened by a Nazi takeover. Hayek had already left for London in 1931 at Mises's urging, and in 1934, Mises himself moved to Geneva to teach and write at the International Institute for Graduate Studies, later emigrating to the United States. Knowing Mises as the sworn enemy of national socialism, the Nazis confiscated Mises's papers from his apartment and hid them for the duration of the war. Ironically, it was Mises's ideas, filtered through the work of Roepke and the statesmanship of Ludwig Erhard, that led to Germany's postwar economic reforms and rebuilt the country. Then, in 1992, Austrian archivists discovered Mises's stolen Vienna papers in a reopened archive in Moscow.'

- What is Austrian Economics?



'..at the end of the day, the excesses and consequences go beyond what even the hardcore “bears” could anticipate..'

As an analyst of Credit and (serial) Bubbles going back 25 years, there’s a recurring theme that is especially pertinent these days. Financial and economic Bubbles invariably prove much more resilient than Bubble analysts presume. And, at the end of the day, the excesses and consequences go beyond what even the hardcore “bears” could anticipate. The adage around our office became: “It’s Always Worse Than You Think.”

- Doug Noland, It’s Always Worse Than You Think, August 22, 2015



Context (Haptopraxeology) - '..the near entirety of the social science community betrayed humanity .. failed .. to fulfill their vital scientific duty..'

(Planned Chaos) - 'Do we really want a repeat of the upheavals of the 20th century .. because a bunch of interventionists and central planners living in the virtual reality of their 'models'..'

((Hapto)praxeology) - '..Mises’s warning to the world .. not to suppress the market rate of interest in the name of creating prosperity.'

Hitler’s Specter Inspires Bill White to Battle With Greenspan - By Alan Katz


(Global Credit) - '..More than 11 years ago Dr. Issing recognized the key issue for 2015..'

'There are ominous parallels to the late-twenties..'

((Monetary) bureaucracy) - '..a historic global Credit boom..' - 'They are delusional.'


A Prophet Without Honor in His Own Land - By Bettina Bien Greaves

'Freedom is never more than one generation away from extinction.' - Ronald Reagan