As for the rise of Hitler and his racist ideologies, Neiberg believes that they found fertile floor within the financial wasteland of Depression-era Germany. Earlier than the 1929 stock market crash, U.S. banks have been loaning Germany money to pay its reparations and fund its publish-conflict rebuilding efforts. When these loans were called in after the crash, German industry misplaced its financing, which led to crippling unemployment.
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