
Germany was already experiencing an economic recession when the US stock market crashed and new, higher reparations payments under the Young Plan came into effect.
Struggling American banks called in their German loans, further squeezing the German economy. The government chose to respond with tight austerity measures that deepened the suffering of the German people.
- Listen now:
Playlist:
Fanfare
Opening Theme
Symphony No. 9 in D minor
Composed in 1824 by Ludwig van Beethoven. Public domain.
Performed by the Skidmore College Orchestra. Public domain recording. Source.
Closing Theme
Except when otherwise indicated, the contents of this podcast are © and ℗ 2015, 2016, 2017, 2018, 2019, 2020, 2021 by Mark Painter, all rights reserved. Image courtesy of the German Federal Archive and used pursuant to a Creative Commons CC-BY-SA 3.0 license. Some music and sound effects used by arrangement with Pond 5.








