SOWING THE WIND
EXTRAVAGANCE 111 GERMANY. DISASTER INEVITABLE. Press Association—By Telegraph—Copyright. LONDON, September 12. (Received September 15, at 8.50 a.m.) - Lord Beaverbrook. writing to the ‘ Daily Express ’ from Berlin, sa3 - s that, while on tho surface prosperity is everywhere noticeable in Germany, tho era of inflation which is behind the apparent wealth and the luxury will inevitably end in a mash. Germany, he says, is going through a postponed but prolonged boom, which makes our post-war boom of 1919 a tiny thing. There is nothing in tho industrial position of Germany, beaten and impoverished by the Great War, to justify the rate at which she is living. As the inflation increases, and as the value of the mark declines, the spending increases. The recklessness of the whole proceedings is beyond belief, Tho present fool’s paradise in which the country is living is a -domestic one, and has nothing to do with her export trade.—-A. and N.Z, Cable.
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Bibliographic details
Evening Star, Issue 17765, 13 September 1921, Page 4
Word Count
157SOWING THE WIND Evening Star, Issue 17765, 13 September 1921, Page 4
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