1931 German financial crisis

July 1931. The Weimar Republic had some of the most serious economic problems ever experienced by any Western democracy in history. Rampant hyperinflation, massive unemployment and a large drop in living standards were primary factors. In 1923-29 there was a short period of economic recovery, but the Great Depression of the 1930s led to a worldwide recession. Germany was particularly affected because it depended heavily on American loans. In 1932, about 5 million Germans were unemployed. Many blamed the Weimar Republic. This was made apparent when political parties on both right and left wanting to disband the Republic altogether made any democratic majority in Parliament impossible. The Weimar Republic was severely affected by the Great Depression triggered by the Wall Street Crash of 1929. The crash and subsequent economic stagnation led to increased demands on Germany to repay the debts owed to the United States. As the Weimar Republic was very fragile in all of its existence, the depression proved to be devastating, and played a major role in the NSDAP's takeover.

Category:

News & Politics

Tags:

• Weimar
• Republic
• Financial
• Crisis
• 1931
• Great
• Depression
• Inflation
• Hyperinflation
• Bank
• Collapse

[Bluecherstern]

Und nun wird die Vergangenheit zur Zukunft. Alles wiederholt sich. Finanzkrise 2009.

[skoblinI]

The more things change, the more they stay the same...

[AZ375719]

Does it sound new? I´m afraid not!

[skoblinI]

Unfortunately not...and the little people always end up paying.

[oliverDogg]

Thanks for this video.

[skoblinI]

you're very welcome :)

[wasssail]

Excuse me but are you retarded ? The Holocaust went AFTER the 1931 crisis ! DId'nt you went to any of your history classes?

[ElevenHolesInOne]

Adolf Hitler in 1930 lectured an American journalist from Scribner's Magazine that 99% of the USA banks were owned and operated by the jews. The real figure though was around 92%. After the election of Hitler in 1933 the American magazine Saturday Evening Post published an article which accused the Germans of having "infantile minds" because they could not accept the reality of their servant role to worldwide jewish supremacism as the result of WWI. Hitler would be no slave to anyone.

[pederman15]

@30percentplusreturns hi from canada. you mention god punished germans. let me tell you. you are a GOOF

[unternimmdasnick]

Liebe Freunde, es ist wieder so weit^^

nach 2009 sind nun auch alle Staaten globalisiert UND verschuldet. Es gibt keine Buffer mehr. Dieses mal findet die Spirale ihr Ende.

Schauen wir das das System sich ändert

sonst kommt eine neue, nur in anderer Verpackung

[bigotmaster]

Large global investors acting in collusion may deliberately create so-called economic bubbles and burst those very bubbles in order to profit financially and in order to influence world events and promote certain political and societal agendas...

A case out in the open is "Black Wednesday", 16th Sept. 1992. George Soros artificially created a run against the British pound by short selling £10 billion forcing UK Treasury to devaluate the Pound, eventually making Soros a profit of £1 Billion.

[zatorith]

the jews were responsible for this. learn your history kids

[Skandalos]

@Complicatorius Taboo? Yea right ...

But youre the perfect example for the fascist whiner. Germans have been subjects and will always be, and wantonly. Germans have no guts. Too cowardly for freedom, maturity, and personal responsibility. At least the vast majority of them. Nothing really has changed with the Germans since 1930. They always whine like little children, they always expect someone "high up" to take the role of their parents. Only today its the leftits who dominate the fascism.

[Complicatorius]

This is very interesting. The german suffering during the Weimar years is becoming taboo, as it is possibly generating understanding for events later to come.

[TheMatze461]

@30percentplusreturns

u are so stupid i can´t belive it´s possible

[TheMatze461]

@30percentplusreturns

Fuck u ...fuck u very much

[halkiphulkiben]

='( so sad.

germans truly suffered. no one sees that.