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arts / rec.arts.tv / This is a book about one of the most important events of modern times

This is a book about one of the most important events of modern times

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by: chromebook test - Wed, 26 Oct 2022 16:23 UTC

This is a book about one of the most important events of modern times; the German financial crisis of 1931.

In the summer of that year, parts of the German banking system collapsed, the government stopped servicing some of its foreign debts, and the free convertibility of the German currency was abruptly suspended. These shocks triggered a global liquidity crisis, the destruction of the gold-based international monetary system, and a severe banking crisis in the United States, turning the worldwide recession into a depression.

The German financial crisis of 1931 also had devastating political consequences, undermining the established democratic parties and enabling Hitler’s rise to power. The idea to write this book grew out of my belief that the wider public has little knowledge of the 1931 German financial crisis and its key role in Hitler’s sudden electoral success.

1931: Debt, Crisis, and the Rise of Hitler by Tobias Straumann

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https://www.youtube.com/watch?v=keuyx-ROUA0

https://blogs.lse.ac.uk/lsereviewofbooks/2019/11/21/book-review-1931-debt-crisis-and-the-rise-of-hitler-by-tobias-straumann/

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This is a book about one of the most important events of modern times	chromebook test