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Decade of 2020 Blog: Dr. Tobias Straumann

Summary:
Quote "This book is about one of the most important events of modern times; the German financial crisis of 1931. In the summer of that year, parts of the German banking system collapsed, the government stopped servicing some of its foreign debts, and the free convertibility of the German currency was abruptly suspended. These shocks triggered a global liquidity crisis, the destruction of the gold-based international monetary system, and a severe bank-ing crisis in the United States, turning the worldwide recession into a depression. The German financial crisis of 1931 also had devastating political consequences, undermining the established democratic parties and enabling Hitler’s rise to power."

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Quote "This book is about one of the most important events of modern times; the German financial crisis of 1931. In the summer of that year, parts of the German banking system collapsed, the government stopped servicing some of its foreign debts, and the free convertibility of the German currency was abruptly suspended. These shocks triggered a global liquidity crisis, the destruction of the gold-based international monetary system, and a severe bank-ing crisis in the United States, turning the worldwide recession into a depression. The German financial crisis of 1931 also had devastating political consequences, undermining the established democratic parties and enabling Hitler’s rise to power." Decade of 2020 Blog: Dr. Tobias Straumann
Tobias Straumann
Tobias Straumann (* 15. Mai 1966 in Wettingen) ist ein Schweizer Wirtschaftshistoriker. Tobias Straumann studierte Geschichte, Soziologie und Wirtschaft- und Sozialgeschichte in Zürich, Paris und Bielefeld. 1995 promovierte er bei Rudolf Braun an der Universität Zürich mit der Arbeit «Die Schöpfung im Reagenzglas. Eine Geschichte der Basler Chemie (1860–1920)». 1995–2000 arbeitete er als Journalist in Zürich, Zug und New York. 2005–2006 war er Oberassistent am Institut de l’histoire économique et sociale der Universität Lausanne.

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