"As a result of the World War, this old Germany collapsed. It collapsed in its constitution, in its social order, in its economic structure. Its thinking and feeling changed"
- Gustav Stresemann
About this Quote
Gustav Stresemann's quote is a reflection of the devastating results of World War I on Germany. The war had a profound impact on the nation, resulting in its collapse in terms of its constitution, social order, and economic structure. This collapse was also shown in the method Germans believed and felt. The war had a profound psychological impact on the German individuals, leading to a sense of misery and hopelessness. The war also caused a shift in the way Germans saw the world, resulting in a more pessimistic outlook. Stresemann's quote is a pointer of the enormous destruction triggered by the war and the lasting impact it had on Germany.
"The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists"
"I believe that history has shape, order, and meaning; that exceptional men, as much as economic forces, produce change; and that passe abstractions like beauty, nobility, and greatness have a shifting but continuing validity"
"Now is not the time to compromise on the economy. Instead, we should be doing everything in our power to support long-term economic growth. Permanent repeal of the death tax will mean more high-quality, high-paying jobs for Americans"
"Racism is a way to gain economic advantage at the expense of others. Slavery and plantations may be gone, but racism still allows us to regard those who may keep us from financial gain as less than equals"
"You would have to say his number one accomplishment has been to inspire a sense of confidence in the country. That confidence, that optimism, not only gives President Obama a political cushion, but it could have a real world economic impact"