Hitler regarded capitalism as an evil scheme of the Jews and said so in speech after speech. Karl Marx believed likewise. In his essay, “On the Jewish Question,” Marx theorized that eliminating Judaism would strike a crippling blow to capitalist exploitation. Hitler put Marx’s theory to work in the death camps.
The Nazis are widely known as nationalists, but that label is often used to obscure the fact that they were also socialists. Some question whether Hitler himself actually believed in socialism, but that is no more relevant than whether Stalin was a true believer. The fact is that neither could have come to power without at least posing as a socialist. And the constant emphasis on the fact that the Nazis were nationalists, with barely an acknowledgment that they were socialists, is as absurd as labeling the Soviets “internationalists” and ignoring the fact that they were socialists (they called themselves the Union of Soviet Socialist Republics). Yet many who regard “national” socialism as the scourge of humanity consider “international” socialism a benign or even superior form of government.
According to a popular misconception, the Nazis must have been on the political right because they persecuted communists and fought a war with the communists in Russia. This specious logic has gone largely unchallenged because it serves as useful propaganda for the left, which needs “right-wing” atrocities to divert attention from the horrific communist atrocities of the past century. Hence, communist atrocities have received much less publicity than Nazi war crimes, even though they were greater in magnitude by any objective measure.
I'm stashing as much cash in short term accessible investments as I can right now so when the recession hits, I can cash out and buy, buy, buy. Wait 5 - 8 years until the market turns around, rent out my properties while I wait for the economy to recover, and sell before the bubble bursts.