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Showing posts from August, 2019

Economic Miracle

Can you imagine a country having uncontrollable inflation become capable to host an Olympic game? Can you imagine a country having trillion face value currencies become a heavy arm producer? Basically, it is always NO ! If I say that it was possible , will you believe that even? Let me tell you about an economic miracle that has happened in the very near-century. After the fall of Germany in the first world war , she was imposed with a heavy burden. Germany was forced to lose her arms, assets, gold, and reputation. At the Versailles palace , the German leadership signed the surrender agreement that scattered the country. They agreed to pay compensation to the other countries that have lost the assets. Due to the heavy compensations , Germany fell into the trap of inflation . The government started to print more and more currencies. But it was not enough to overcome the issue. Workers were paid in carts. At one instance, people began to lose their jobs due to the economic