Re:Schacht, Mefo Bills and the Restoration of the German Eco...
by atq2119 on Sunday March 24, 2019 @03:42PM
(#19478343)
I'd argue that the graph you linked to actually shows significant differences between countries.
Yes, they all experienced the depression around the same time, and if you just look at the signs of the slopes there's a lot of similarity.
However, the US was barely back to its pre-depression peak by 1940, while Germany was way higher. The only country in that graph that is somewhat comparable to Germany is the UK.
Yes, they all experienced the depression around the same time, and if you just look at the signs of the slopes there's a lot of similarity.
However, the US was barely back to its pre-depression peak by 1940, while Germany was way higher. The only country in that graph that is somewhat comparable to Germany is the UK.