Recent comments in /f/history

PersimmonAny5146 t1_ja7d7fb wrote

So you admit that reparations were a key factor in hyperinflation and Germany's economic decline? Do you really think that massive reductions in territory and huge reparations had no effetc on why Germany experienced much worse hyperinfation prior to the depression than the other european powers?

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ferrdek t1_ja7bu4y wrote

Treaty of Versailles might have been a reason for discontent but it was not the reason for Nazis coming to power, nor was Great Depression. Nazis were at first financed by German industrialists who payed for electoral campaigns and later also from abroad by very rich people and companies in the West including Henry Ford.

edit: what I mean that financing was decisive factor

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KaiserNicky t1_ja79m3b wrote

And Keynes was wrong. German hyperinflation occurred due to gross mismanagement during the war done by the German government. Germany didn't actually pay hardly anything during the 1920s in terms of reparations but nonetheless complained of its inability to pay while receiving billions in cheap loans which saw its economy show record growth after 1924

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KaiserNicky t1_ja78ym2 wrote

The Western Front of the Great War is one entirely of Germany's making. Germany attacked Belgium and France first and it was moreover Germany which pushed Austria-Hungary to present impossible demands to Serbia while telling them Russia would do nothing. The person and indeed the organization which killed Franz Ferdinand - Young Bosnia, wasn't Serbian in origin and its connections to the Serbian Black Hand was dubious and its not like the Austrians ever performed an actual investigation into it. Nonetheless, the Serbian Government tried and executed the entire organization in 1917 because the Serbian Government was just as annoyed by the Black Hand as the Austrians were.

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W122XS1967 t1_ja72icx wrote

Yes, it’s a myth as false as the Stabbed In The Back theory. Germany defaulted payment of reparations anyway and received vastly more money under the Dawes plan. Versailles itself was not the issue. Problems stemmed from the fact that Germany lost the war but was not itself invaded and occupied as happened during WW2. The German government pumped its people with propaganda about how well the war was going right to the end, even though after Operation Michael they knew they would lose. As a result, Versailles and The Guilt Clause made no sense and the Nazis were eventually able to exploit this.

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en43rs t1_ja71v3o wrote

Penicillin and vaccine that saved billions of people, the eradication of smallpox (which killed 300 million people on the 20th century alone), the end of high infant mortality rates, mass literacy, the end of massive war in the West, lasting peace in Western Europe for the first time in millennia, in 1900 around 70% of humanity lived in extreme poverty now it’s closer to 20%, …

Yes things may look bad. But we live in the best era of humanity.

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