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Author Topic: The World Economy Between the Wars  (Read 1590 times)
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« on: December 18, 2009, 05:16:09 pm »


A dry read but it blows up certain stereotypes that people have about this subject. For example

: Net capital inflows to Germany during the 1920s exceeded by several times German reparations payments under the Dawes Plan.

: The German downturn began independently of the withdrawal of Americans loans during the stock market bubble of 1928-29. It's not clear however, the book says American loan volume peaked in mid 1928, but interest rates did not start rising until mid 1929; however it also claims the German downturn began before American loans dried up.

: Europe actually grew slightly faster than America in 1920-39.

: Right wing newspapers supported devaluation from gold in France in the mid 1930s, while the socialists and communists were against it.

We fought for feminism, and got fascism instead.

Brianna Wu 2018
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