Discusses the post-World War I German economy, the continuation of a wartime inflationary trend, the economic revival in the later 1920s, the impact of the 1929 American stock market crash, and the resulting economic decline. Considers economic crisis in Germany.
From the Paper:
"World War I was essentially a contest of mutual exhaustion: moral, human, and economic. France had been come close to the breaking point in 1917, and Russia had been driven past it, leading to the ...."
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