Fascism and Finance: Economic Populism in Inter-War Europe | Alexander Nützenadel

"In 1931 Germany experienced the worst banking crisis in its history. One of the largest German banks, the Darm städter und National bank (Danat), filed for insolvency and the entire financial system collapsed within a few weeks. A banking panic broke out on 13 July and banks closed for three weeks. International investors withdrew their loans, the German government had to suspend international payments, and the major banks were temporarily nationalized." [ . . . ]

Fascism and Finance: Economic Populism in Inter-War Europe by Alexander Nützenadel in: German Historical Institute London Bulletin, vol. 44 (2022), no. 1, 3–27