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depression of what? The end of world war 1 had an enourmous impact on continental europe, with many nations simply ceasing to exist at the end of the war. Ger
by kazen44 7y ago
depression of what?
The end of world war 1 had an enourmous impact on continental europe, with many nations simply ceasing to exist at the end of the war.
Germany for instance, had a state of near constant poltical and economic anarchy during the weimar republic. And the austrian-hungarian empire ceased to exist.
Many people seem to forget that world war 1 was suchs a massive shift in terms of the geopolitical landscape that many nations simply had no functioning economy or proper goverment to speak off.
- twelve40 7y agoIf I have to clarify down to the last word, I'm talking about the total implosion of US economy, which is what a lot of people are currently hyping up and clickbaiting on. You don't hear about a great 1919 economic disaster in the USA despite a much more vicious illness and no modern tech (no antibiotics, no concept of a ventilator, etc etc etc). I can't answer for Austria, Hungary, Germany or any other collapsed empires past or present, I don't have any data on that.