Depression and Capitalism

The post First World War world saw a worn out Europe devastated and many of its finest young men lost. The cities teamed with wounded, maimed and ex-soldiers with no real future. Reparations against Germany were staggering and the victorious Allies imposed stinging controls on her. This helped to lead to hyperinflation in Germany, also in Poland and other eastern European countries, and in the mid-20’s their various currencies were virtually worthless.

At the same time the International bankers and Finance Capitalists who had grown rich from war profiteering were buying up industrial and manufacturing concerns at a fraction of their real cost.

In 1929, the Wall Street Crash showed the great underlying weakness of International Finance Capitalism. A stock buying frenzy involving millions of Americans led to a boom or bust situation and the New York Stock Exchange crashed. Hundreds of thousands of Americans went bankrupt overnight, many committing suicides.

The reverberations from the New York Crash hit Europe like a ripple wave and soon the Financial Institutions of London, Paris and Berlin were hit. Germany, just stabilising her currency was again plunged into crisis. Depression, in the form of long term joblessness and a rapid decline in manufacturing set in with a vengeance. In America, thousands fled the mid-Western “dustbowl” and trekked into the cities to try and find work. In Britain and Europe the jobless figures climbed to astronomical highs.

Meanwhile, the global Zionist banking families continued to reap the benefits. Shielded from the Depression, which they manipulated to their benefit, they gathered even more power into their hands.

In Germany, high unemployment and run away inflation helped bring Adolf Hitler and the National Socialists to power in 1933. Hitler soon stabilised the economy and wisely withdrew her from the clutches of the International Bankers. He used barter trade instead of pawning the national wealth to the greedy banking fraternity and very rapidly, Germany climbed out of the Depression – the first country to do so, and was soon well on the road to material prosperity again.

The International Zionist Banking fraternity never forgave Hitler for taking Germany from their greedy clutches and they started to agitate for war against Germany, buying politicians such as Churchill. The Baruchs and the Rothchilds were busy in all the Allied capitals, getting unscrupulous politicians into their pockets and stepping up the campaign of vituperation against Germany – a campaign that would eventually destroy the National Socialist experiment.