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1931: Debt, Crisis, and the Rise of Hitler

4.08  ·  Rating details ·  61 ratings  ·  7 reviews
Germany's financial collapse in the summer of 1931 was one of the biggest economic catastrophes of modern history. It led to a global panic, brought down the international monetary system, and turned a worldwide recession into a prolonged depression. The German crisis also contributed decisively to the rise of Hitler. Soon after the crisis, the Nazi Party became the ...more
Hardcover, 272 pages
Published June 1st 2019 by Oxford University Press, USA
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Frank Stein
Sep 16, 2019 rated it liked it
This book is a confused and slightly bewildering look at the collapse of the European monetary order at the beginning of the Great Depression, but it has an important story to tell.

The book begins in January 1930, when triumphant ministers from across Europe celebrated the conclusion of the Second Hague Conference. After the passing of the German famed Foreign Minister Gustav Streseman, the son of a Berlin pub-owner who became a capitalist mogul, the new German foreign minister, Julius Curtis,
...more
niste eroi fara societate
Feb 15, 2020 rated it it was amazing
Astonishing!
I just tell you that a book that mention Felix Somary is a book that it s a must read.
Pep Bonet
Feb 29, 2020 rated it really liked it  ·  review of another edition
Shelves: assaig, història
Very good description of the financial crisis of 1931, describing all the elements that contributed to it. As with other books on the two World Wars, one gets a sense of inevitability that is quite depressing. Important reading, especially when we try to recover from the 2008 crisis, while waiting for the next one.
Constantinos Kalogeropoulos
Sep 28, 2019 rated it it was amazing
Tobias Straumann's '1931: Debt, Crisis, and the Rise of Hitler' is a fascinating and highly accessible account of the role that unsustainable debt, crushing austerity, and political deadlock, played in both the discrediting of the establishment parties of the right and left - who had hitched their proverbial wagons to that austerity - and of the rise of Hitler and the Nazi party which filled the political void that they vacated. We like to think that we're behind such dark periods in history, ...more
Kevin Hill
Dec 20, 2019 rated it it was amazing  ·  review of another edition
A thoughtful examination of the German Debt Crisis of 1931

Most people know a little about the hyper-inflation that led to the collapse of the Weimar Republic and the rise of Hitler. This book provides an in depth look at the debt issues that propelled the crisis. He does a fine job of explaining the difficulties that theGerman statesmen and economists faced. The book provides food for thought about the current economic situation.
Simon Burns
Dec 13, 2019 rated it it was amazing  ·  review of another edition
I had always bucketed German economic malaise/distress that lead into the war fervor with hyperinflation (34). Straumann masterfully paints the slow burn into banking crises of 1931. Eye-opening, with flashes of the recent European crises. Very much worth a read for any lover of economic /business history, or has an interest in the political machinations of trade/finance based power politics.
Patrick
Mar 23, 2020 rated it liked it  ·  review of another edition
Shelves: non-fiction
While I found this book both illuminating and persuasive, I cannot help but feel that the play-by-play style that the author relies on does more to complicate things than it clears up. The minute details of the financial discussions tend to run together, at a certain point.
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