LEGENDS OF MUSIC by MICHAEL ANTONIOU
Colosseum Restaurant
Saturday 19 September
Ticket €19.50 including three course dinner. Reservations essential on 26 962415, or email: coloseum@cytanet.com.cy
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16 Eylül 2020 Çarşamba
LEGENDS OF MUSIC by MICHAEL ANTONIOU - Colosseum Restaurant - 19 September
15 Eylül 2020 Salı
ROAST LUNCH - Kamares Club - 24 September
ROAST LUNCH - Beef or Turkey
Kamares Club, Tala
Thursday 24 September - 1230 to 1500
€10pp - booking and pre-ordering essential please - Kamares Reception or 26 880576 - by 23 September
HALLOWEEN PARTY WITH CHRIS ANDRE - Carpe Diem Lounge - 31 October
HALLOWEEN PARTY with Chris Andre
Carpe Diem Lounge, Mesogi Road, Paphos
Tickets: €22 including three-course dinner
Reservations essential: Tel: 26911005, 95115788
Chris Andre entertains with voice, guitar and fiddle.
Directions: Near the top of the Polis Road just down from the Tremithousa/Mesogi crossroads. CARPE DIEM LOUNGE, 111 Mesogi Avenue, 8280 Paphos. Tel: 26911005, 95115788. Facebook: @CarpeDiemPaphos.
ALL ABOUT THE BASS WITH CARMEN JAZZ - Carpe Diem Lounge - 16 October
ALL ABOUT THE BASS with CARMEN JAZZ
Carpe Diem Lounge Paphos
Tickets: €22 including three-course dinner
Reservations essential: Tel: 26911005, 95115788
Post Modern Jazz inspired by Post- Modern Jukebox with the soulful Carmen.
Directions: Near the top of the Polis Road just down from the Tremithousa/Mesogi crossroads. CARPE DIEM LOUNGE, 111 Mesogi Avenue, 8280 Paphos. Tel: 26911005, 95115788. Facebook: @CarpeDiemPaphos.
INDIGO LIVE - Marios Bar, Tala - 9, 23 & 30 October
INDIGO LIVE
Marios Bar Tala Paphos
Free entrance
Reservations: Tel: 26653341
Multilingual female vocalistIndigo performs a fantastic mix of classics, pop, rock, blues and everything in between. A little bit for everyone that is sure to get your toes tapping!
Directions: located just off Tala village square. MARIOS SNACK BAR, Tala, Paphos. Tel: 26653341. Facebook: @MariosSnackBar.
BOOK PRESENTATION - Cyprus Problem, Time Zero - Technopolis 20 - 3 October
BOOK PRESENTATION - Cyprus Problem, Time Zero:
The Thorn of Property Issue by Andreas D. Symeou - in Greek with brief summary in English
Technopolis 20 Paphos
Free entrance: Limited number of seats available, due to the measures announced by the government to deal with the pandemic of COVID-19.
Reservations essential: Tel: 70002420 (calls only). Reservations are necessary due to the COVID-19 instructions. Arrival should start at 6.30pm to avoid overcrowding. In Greek with brief summary in English
Information: www.paphosmusiclovers.com
The book will be presented by the academic and former Minister of Health Stavros Malas. Andreas D. Symeou is a visiting Lecturer at Neapolis University of Paphos. He has been the head or member of the Greek Cypriot working group on the property issue during the talks to resolve the Cyprus problem. In his book "Cyprus Problem, Time Zero: The Thorn of Property Issue", (in Greek), which was recently released by Papazisis publishers, he examines this complex issue in many aspects and proposes practical ideas for its resolution. The author will make a brief comment and answer questions. There will also be a brief reference to the same author's book "The property issue in the Cyprus problem: A technocratic approach" (in English) released in 2018.
Directions: Head into town from the Debenhams roundabout and turn right just before the Makarios statue, over the crossroads then right again just past the big white court building, and the venue will be found 200M on the right with parking on the left. TECHNOPOLIS 20 Cultural Centre, 18 Nikolaou Nikolaidi Avenue, 8010 Paphos. Tel: 70002420. www.technopolis20.com. Facebook: @technopolis20.
SAXY SUNSETS WITH DANNY SAX - Searays Cafe Bar, Peyia - 2, 9, 16 October
SAXY SUNSETS with DANNY SAX
Searays Café Bar Peyia Paphos
Free Entrance
Reservations essential: due to Covid-19 restrictions. Tel: 99617415
Enjoy the beautiful sunset in the delightful garden accompanied by the sweet sounds of Danny on the saxophone.
Directions: Head out of Peyia on the coast road towards Agios Georgios and the Akamas, take the left fork at Namos Restaurant and turn right at Sunset Tavern towards Akamas and the venue will be found on the right. SEARAYS CAFÉ BAR, Lara Street, Agios Georgios, Peyia, 8560, Paphos. Tel: 99617415. Email: searayscafebar@live.com. Facebook: @searayscafebar.
13 Eylül 2020 Pazar
THE VOCAL COUPLE - Neos Sports Club, Peyia - 19 September
THE VOCAL COUPLENeos Sports Club Peyia Paphos
Saturday 19 September 8.30pm
Free Entrance
Reservations: Tel: 26622900
The Vocal Couple are a popular vocal duo from England (Stuart Earp & Chelsey Thorley-Williams) and are new to Cyprus. They moved out to Peyia at the beginning of September as their show ‘Everybody Needs Somebody’ was due to tour UK theatres this summer. Get a chance to see their fantastic show here is Cyprus! The Vocal Couple will have the room rocking all night long, their high energy and audience participation makes this show stand out. Singing Rock and Roll classics as well as some up to date songs will have the audience up dancing and singing along to the best singalong songs written. This show is not to be missed with music and comedy combined. Great for all the family! A show that will not disappoint. Find ‘The Vocal Couple’ on Facebook: @thevocalcouple.
www.thevocalcouple.com
Directions: Neos can be found by driving behind Phil’s Diner then Philipos Supermarket on your left, straight over the cross-roads and the venue will be on the left with the car park opposite. NEOS SPORTS CLUB, 38 Panayias Agridotissas, Peyia, Paphos Tel: 26622900. www.neosclub.com
2 Eylül 2020 Çarşamba
University of Michigan Race & Property speaker series
[We share the following on a speaker series organized by Emily Prifogle at the University of Michigan this fall.]
Race & Property in Historical Perspective:
A Series of Conversations about Research & Methods
K-Sue Park, Georgetown University
"Conquest and Slavery as Foundational to the Property Law Course"
Wednesday, September 23, 2020, 12-1pm.
Justin Simard, Michigan State University
"Citing Slavery"
Wednesday, October 14, 2020, 12-1pm
Taja-Nia Y. Henderson, Rutgers &
Jamila Jefferson-Jones, University of Missouri-Kansas City
"#LivingWhileBlack: Blackness As Nuisance"
Thursday, October 29, 2020, 12-1pm
For Zoom link or more information, e-mail: rickardj@umich.edu
--Mitra Sharafi
19 Şubat 2010 Cuma
German Hyper-Inflation of 1922 to 1923
An interesting event of the interwar years in Europe (1919 – 1939) was an incident that occurred in the German Weimar Republic between 1922 to 1923, an incident in which the currency of Germany lost almost all real value. The collapse of the value of Germany’s currency was due to a series of different forces that came together to put an incredible strain upon Germany’s economy between 1919 to 1922. First Germany, under the Treaty of Versailles, was required to make a series of reparations payments to France and Great Britain, reparations payments that had to be made in gold backed currency. Second Germany with the end of the First World War had to switch its economy from a wartime economy, based upon heavy government borrowing and spending on items of war, to one of peacetime productivity in which the Weimar government greatly diminished the amount of money the German government pumped into the economy. Third Germany, due to territorial losses, entered the 1920s with less industrial productivity and a smaller raw materials base upon which to build its economic recovery, although Germany even in this diminished state was still a dominant economic power in Europe. Fourth Germany from 1919 – 1922 went through a period of strong political unrest, during this period several armed coups and attempts to overthrow the government shook public confidence in the stability of Germany politically and socially. Fifth, and finally, the Weimar government due to intense political pressure could not raise taxes to meet the expanded social support obligations it had taken on with the end of the First World War, as part of Germany’s movement from a monarchical imperial structure to a socialist republic. This intense political pressure came from parties on the political right in Germany, who treated any effort to raise taxes by the Weimar government as a form of appeasement to the Allied powers and their demands for reparations, demands many in Germany considered unfair and inflammatory.
So the German Weimar government, unable to raise sufficient capital through borrowing, unable to raise revenue in taxes, needing to finance the private sector’s efforts to change the economy to a peacetime footing, needing to pay for social services and the function of government, and needing to purchase gold to back the banknotes with which it paid the Allied reparations, resorted to the only technique available to it to meet these needs: it simply issued more currency into the economy. Vast amounts of currency, the collapse of the value of the Reichmark to other currencies was rapid and total, from early 1922 to late 1923 the Reichmark to the US Dollar fell from 7000 marks to the dollar in December 1922 to 4,200,000,000,000 marks to the dollar in December 1923. This sudden collapse in the value of currency had several interesting impacts on Germany society, first it meant that those who lived on any fixed incomes found the value of their income disappearing quickly. Those who owed debts on items found the value of that debt collapsing quickly, meaning a debtor could repay a debt with currency worth far less then the currency they had borrowed, in buying power terms. German businesses often took advantage of this fact to purchase new equipment at effectively deep discounts, paying the debt as late as they could with vastly devalued currency. The collapse was only arrested from 1924 onwards through careful conservative banking, currency deflation through issuing a brand new currency, and fiscal stringency. The net effect of this economic collapse though was many Germans coming into the mid-1920s found themselves starting over economically.
Historically this incident is interesting because it has an impact on many key events that happened later in the 1920s and 1930s, first and most critically this incident undermined the faith of the German public in the capacity of the Weimar government to effectively lead Germany. Although from 1924 until 1929 public confidence increased in the capacity of the Weimar republic to govern, this disaster was blamed on the policies of Weimar and when the Germany economy collapsed again due to the events of the massive global economic contraction of the 1930s, the public took this as further proof the Weimar state could not lead Germany effectively. The German hyperinflation of 1922 through 1923 hurt Germany’s economic recovery in the mid-1920s, many German businesses having bought considerable new equipment during the hyperinflation to take advantage of a period of unintentional “discounts” in cost found themselves with too much productive capacity for the demands of the Germany economy. Germany halting payments on the reparations, in part due to the hyperinflation, lead to the French and Belgian occupation of the Ruhr territory in 1923, an event which further seemed to indicate the weakness of the Weimar government. (On a side note the policy of passive resistance implemented by the Weimar government, requiring it to pay millions of Germans who agreed not to work to prevent France and Belgium gaining benefits from the occupied productive resources of the Ruhr, simply lead to more expenditures by the Weimar government in worthless currency.)
Finally though the hyperinflation of 1922 to 1923 gave considerable political capital to both of the extreme ends of the German political spectrum, the extreme right and the extreme left. Many in Germany in reaction to these events, and the future economic collapse of the 1930s, were increasing willing to consider more “radical” political solutions to Germany’s perceived and real problems. Political capital gained from these events, as well as the apparent weakness of the Weimar government it seemed to indicate to the German public, certainly played a part in the eventual rise of Adolph Hitler to political leadership in Germany. It certainly lead in part to the political instability Hitler attempted to take advantage of on 9 November 1923 with his failed putsch attempt in Bavaria, an event that helped spark Hitler’s national political career in Germany.
Sources:
The Coming of the Third Reich, Richard J. Evans
The Weimar Republic and Nazi Germany, Warren B. Morris, Jr.
The Rise and Fall of the Great Powers, Paul Kennedy
So the German Weimar government, unable to raise sufficient capital through borrowing, unable to raise revenue in taxes, needing to finance the private sector’s efforts to change the economy to a peacetime footing, needing to pay for social services and the function of government, and needing to purchase gold to back the banknotes with which it paid the Allied reparations, resorted to the only technique available to it to meet these needs: it simply issued more currency into the economy. Vast amounts of currency, the collapse of the value of the Reichmark to other currencies was rapid and total, from early 1922 to late 1923 the Reichmark to the US Dollar fell from 7000 marks to the dollar in December 1922 to 4,200,000,000,000 marks to the dollar in December 1923. This sudden collapse in the value of currency had several interesting impacts on Germany society, first it meant that those who lived on any fixed incomes found the value of their income disappearing quickly. Those who owed debts on items found the value of that debt collapsing quickly, meaning a debtor could repay a debt with currency worth far less then the currency they had borrowed, in buying power terms. German businesses often took advantage of this fact to purchase new equipment at effectively deep discounts, paying the debt as late as they could with vastly devalued currency. The collapse was only arrested from 1924 onwards through careful conservative banking, currency deflation through issuing a brand new currency, and fiscal stringency. The net effect of this economic collapse though was many Germans coming into the mid-1920s found themselves starting over economically.
Historically this incident is interesting because it has an impact on many key events that happened later in the 1920s and 1930s, first and most critically this incident undermined the faith of the German public in the capacity of the Weimar government to effectively lead Germany. Although from 1924 until 1929 public confidence increased in the capacity of the Weimar republic to govern, this disaster was blamed on the policies of Weimar and when the Germany economy collapsed again due to the events of the massive global economic contraction of the 1930s, the public took this as further proof the Weimar state could not lead Germany effectively. The German hyperinflation of 1922 through 1923 hurt Germany’s economic recovery in the mid-1920s, many German businesses having bought considerable new equipment during the hyperinflation to take advantage of a period of unintentional “discounts” in cost found themselves with too much productive capacity for the demands of the Germany economy. Germany halting payments on the reparations, in part due to the hyperinflation, lead to the French and Belgian occupation of the Ruhr territory in 1923, an event which further seemed to indicate the weakness of the Weimar government. (On a side note the policy of passive resistance implemented by the Weimar government, requiring it to pay millions of Germans who agreed not to work to prevent France and Belgium gaining benefits from the occupied productive resources of the Ruhr, simply lead to more expenditures by the Weimar government in worthless currency.)
Finally though the hyperinflation of 1922 to 1923 gave considerable political capital to both of the extreme ends of the German political spectrum, the extreme right and the extreme left. Many in Germany in reaction to these events, and the future economic collapse of the 1930s, were increasing willing to consider more “radical” political solutions to Germany’s perceived and real problems. Political capital gained from these events, as well as the apparent weakness of the Weimar government it seemed to indicate to the German public, certainly played a part in the eventual rise of Adolph Hitler to political leadership in Germany. It certainly lead in part to the political instability Hitler attempted to take advantage of on 9 November 1923 with his failed putsch attempt in Bavaria, an event that helped spark Hitler’s national political career in Germany.
Sources:
The Coming of the Third Reich, Richard J. Evans
The Weimar Republic and Nazi Germany, Warren B. Morris, Jr.
The Rise and Fall of the Great Powers, Paul Kennedy