LEADER 00000nim a22004335a 4500 003 MWT 005 20191126120233.1 006 m o h 007 sz zunnnnnuned 007 cr nnannnuuuua 008 190621s2019 xxunnn es i n eng d 020 9781684570256 (sound recording : hoopla Audio Book) 020 1684570255 (sound recording : hoopla Audio Book) 029 https://d2snwnmzyr8jue.cloudfront.net/ rcb_9781684570256_180.jpeg 028 42 MWT12348839 037 12348839|bMidwest Tape, LLC|nhttp://www.midwesttapes.com 040 Midwest|erda 099 eAudiobook hoopla 099 eAudiobook hoopla 100 1 Straumann, Tobias. 245 10 1931 :|bdebt, crisis, and the rise of Hitler|h[Hoopla electronic resource] /|cTobias Straumann. 250 Unabridged. 264 1 [United States] :|bHighBridge,|c2019. 264 2 |bMade available through hoopla 300 1 online resource (1 audio file (6hr., 15 min.)) : |bdigital. 336 spoken word|bspw|2rdacontent 337 computer|bc|2rdamedia 338 online resource|bcr|2rdacarrier 344 digital|hdigital recording|2rda 347 data file|2rda 506 Digital content provided by hoopla. 511 0 Narrated by Nigel Patterson. 520 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 reason for the financial collapse was Germany's large pile of foreign debt denominated in gold currency which condemned the government to cut spending, raise taxes, and lower wages in the middle of a worldwide recession. As the political resistance to this austerity policy grew, the German government began to question its debt obligations, prompting foreign investors to panic and sell their German assets. The resulting currency crisis led to the failure of the already weakened banking system and a partial sovereign default. Hitler managed to profit from the crisis, because he had been the most vocal critic of the reparation regime. As the financial system collapsed, his relentless attacks against foreign creditors and the alleged complicity of the German government resonated more than ever with the electorate. In 1931, Tobias Straumann reveals the story of the fatal crisis, demonstrating how a debt trap contributed to the rapid financial and political collapse of a European country, and to the rise of the Nazi Party. 538 Mode of access: World Wide Web. 650 0 Political science. 700 1 Patterson, Nigel.|4nrt 710 2 hoopla digital. 856 40 |uhttps://www.hoopladigital.com/title/ 12348839?utm_source=MARC|zInstantly available on hoopla. 856 42 |zCover image|uhttps://d2snwnmzyr8jue.cloudfront.net/ rcb_9781684570256_180.jpeg