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         Crash Of 1929 & The Depression Economics:     more books (33)
  1. CAUSES OF THE GREAT DEPRESSION: An entry from Macmillan Reference USA's <i>Encyclopedia of the Great Depression</i> by ROBERT S. MCELVAINE, 2004
  2. NORTHEAST, GREAT DEPRESSION IN THE: An entry from Macmillan Reference USA's <i>Encyclopedia of the Great Depression</i> by BOB BATCHELOR, 2004
  3. Financial Contagion : Lessons from the Great Depression by Richard Lewinsohn-Morus, 2010-09-09
  4. Black Tuesday (Spotlight on American History) by Barbara Feinberg, 1995-10-01
  5. Extraordinary Popular Delusions and The Madness of Crowds Vol 1 & 2 by Charles MacKay, 2008-09-30

41. Extracts From "The Great Crash: 1929" By John Kenneth Galbraith (First Published
Extracts from The Great crash 1929 , John Kenneth Galbraith, First in assessingthe causes of depression none is to be assigned to the stock market crash.
http://lachlan.bluehaze.com.au/books/galbraith_1929crash.html
This Webpage Page in No Frames Mode
Welcome to Lachlan Cranswick's Personal Homepage in Melbourne, Australia
Extracts from "The Great Crash: 1929" by John Kenneth Galbraith (First Published 1955; 1961 Reprint)
(Made do with this on the day (a good read): was not having success finding any K. R. Popper books in the Monash University bookstores - they had Marx, Hegel, Wittgenstein, etc - but no Popper. Australian academic and university standards have been documented as going down! This is more evidence?)
Lachlan's Homepage is at http://lachlan.bluehaze.com.au Back to Lachlan's Homepage What's New at Lachlan's Homepage Historial things, Literature and Poetry Literature ...
Beard: An Economic Interpretation of the Constitution of the United States
Extracts from "The Great Crash: 1929", John Kenneth Galbraith, First Published 1955

42. Great Depression, The_Crash_of_'29
The French economy remained fairly resistant to the Great depression for about sixmonths It played no role in the crash at the end of October, 1929, or in
http://www.futurecasts.com/Depression_descent-'29.html
DESCENT INTO THE DEPTHS (1929): The Great Depression Crash Of '29 FUTURECASTS online magazine
www.futurecasts.com
Vol. 3, No. 3, 3/1/01. Homepage Summaries of Great Depression Controversies and Facts The Great Deception Great Depression Chronologies II.
Rebound from
Crash of '29 III.
Collapse of agriculture
IV.
Debate begins.
V.
Collapse of international finance
VI.
Collapse of WW I financial obligations
VII.
Collapse of governments
(The vast majority of the following was taken from articles published in contemporary issues of the N.Y. Times.) NOTE: I suggest the following, very conservative, rules of thumb to assist in making comparisons with today's conditions.
  • To compensate for the impact of inflation on prices, multiply all prices by 10.
  • To compensate for the impact of inflation, plus the doubling of our population, plus the quadrupling of our economy per capita, multiply financial statistics by 80 when evaluating the impact of events on economic and financial markets.
This may look strange when applied to commodity and consumer prices, but actually highlights the tremendous productivity advances of the last 70 years.

43. Economics In The Great Depression
The Great depression. economics. Economic Indicators of the Great depressionIndicator, 1928, 1929, 1930, 1931, 1932, 1933. Unemployment (in millions).
http://www.geocities.com/Athens/Olympus/1545/economics.htm

44. Causes Of The Crash Of 1929 And The Great Depression
could be checked, stocks would ultimately crash, causing a general depression involvingthe Between February and April 1929, the Bank of England was able
http://www.nex.net.au/users/reidgck/HOWTHE.HTM
How the City of London created the Great Depression
(after page has loaded)
  • How the City of London created the Great Depression
  • Economic decline after World War 1
  • The cabal of Central bankers
  • The Federal Reserve: cause of Depression ...
  • Bibliography
    BRITISH FINANCIAL WARFARE: 1929; 1931-33
    . HOW THE CITY OF LONDON
    CREATED THE GREAT DEPRESSION
    by Webster G. Tarpley
    December, 1996
    T The ravaged post-war, post-Versailles world of the 1920's provides the main backdrop for the following considerations:
      1. The events leading to the Great Depression are all related to British economic warfare against the rest of the world, which mainly took the form of the attempt to restore a London- centered world monetary system incorporating the gold standard. The efforts of the British oligarchy in this regard were carried out by a clique of international central bankers dominated by Lord Montagu Norman of the Bank of England, assisted by his tools Benjamin Strong of the New York Federal Reserve Bank and Hjalmar Schacht of the German Reichsbank. This British-controlled gold standard proved to be a straightjacket for world economic development, somewhat along the lines of the deflationary Maastricht "convergence criteria" of the late 1990's. 3. This depression was rendered far more severe and, most importantly, permanent, by the British default on gold payment in September, 1931. This British default, including all details of its timing and modalities, and also the subsequent British gambit of competitive devaluations, were deliberate measures of economic warfare on the part of the Bank of England. British actions amounted to the deliberate destruction of the pound sterling system, which was the only world monetary system in existence at that time. The collapse of world trade became irreversible. With deliberate prompting from the British, currency blocs emerged, with the clear implication that currency blocs like the German Reichsmark and the Japanese yen would soon have to go to war to obtain the oil and other natural resources that orderly world trade could no longer provide. In 1931, Norman engineered a disintegration by detonating the gold backing of the pound sterling.
  • 45. Great Collapse By Jim Devine Sorted : 1929-1933 Crash
    The Great depression of 19291941 (US) exemplifies this. the main mast. No otherfact is needed to explain the crash turned prolonged deep depression.
    http://csf.colorado.edu/pkt/seminars/devine.99/0053.html
    1929-1933 Crash
    Thu, 25 Mar 1999 15:47:13 -0800
    Mason A. Clark masonc@ix.netcom.com
    Gentlemen (all four of you),
    For such a good paper, the seminar has been disappointing.
    Perhaps because it's rational. As suggested, idiocy would
    excite more discussion.
    As a non-economist but one who experienced the Great Depression,
    I have no significant disagreement with Jim Devine's fine paper, but
    do have a few comments. I'll put the most important first, so expect
    a slide from esoteric to cxotic.
    In the evolution of a "crash" into depression the role of confidence cannot be overestimated. Confidence of consumers and confidence of producers (expectations?). The Great Depression of 1929-1941 (U.S.) exemplifies this. As the stock market slid off its bubble there

    46. Re: A Crock Of Greed - The Crash Of 1929
    Irish Times; May 4, 2002 The Wall Street crash of 1929 was the Why did the crash happenand what was its connection with the Great depression of the 1930s
    http://csf.colorado.edu/forums/longwaves/2002/msg00996.html

    Date Index

    Re: A crock of greed - The Crash of 1929
    by Eric Von Baranov
    06 May 2002 03:45 UTC
    Thread Index

    Gary, How many times can this one event get rehashed? What of the future? Eric Baranov - CEO Kondratyev Theory Letters -Original Message- From: longwaves-owner@csf.colorado.edu [ mailto:longwaves-owner@csf.colorado.edu]On =co rporate+loans short form: http://makeashorterlink.com/?H39A210D
    Date Index

    Longwaves List Archives

    at CSF Subscribe to Longwaves
    Thread Index

    47. Forecasting The Depression: Harvard Versus Yale
    The stock market crash of 1929 Irving Fisher Forecasting The Great depression WithThe Railroads, Departmental Working Papers 200209, Rutgers University
    http://ideas.repec.org/a/aea/aecrev/v78y1988i4p595-612.html
    This file is part of IDEAS , which uses RePEc data
    Papers Articles Software Books ... Help!
    Forecasting the Depression: Harvard versus Yale
    Author info Abstract Publisher info Related research ... Statistics Author Info Dominguez, Kathryn M
    Fair, Ray C
    Shapiro, Matthew D
    Abstract
    Publisher Info
    Article provided by American Economic Association in its journal American Economic Review Volume (Year):
    Issue (Month):
    4 (September)
    Pages:
    Handle:
    RePEc:aea:aecrev:v:78:y:1988:i:4:p:595-612
    Keywords: Contact details of provider:
    Email: aeainfo@vanderbilt.edu
    Web page: http://www.aeaweb.org/aer/ More information through EDIRC Order Information: Web: http://www.aeaweb.org/subscribe.html For technical questions: baum@bc.edu (Christopher F. Baum). Related research Related papers by JEL classification: Cited by explanations
  • Hans-Joachim Voth, . " With a Bang, not a Whimper: Pricking Germany's "Stock Market Bubble" in 1927 and the Slide into Depression Economics Working Papers 516, Department of Economics and Business, Universitat Pompeu Fabra [Downloadable!]
  • 48. The Great Crash And The Onset Of The Great Depression
    crash and the Onset of the Great depression. That the Great crash generated uncertaintyis evidenced durables declined drastically in late 1929, while spending
    http://ideas.repec.org/a/tpr/qjecon/v105y1990i3p597-624.html
    This file is part of IDEAS , which uses RePEc data
    Papers Articles Software Books ... Help!
    The Great Crash and the Onset of the Great Depression
    Author info Abstract Publisher info Related research ... Statistics Author Info Romer, Christina D
    Abstract
    Publisher Info
    Article provided by MIT Press in its journal The Quarterly Journal of Economics Volume (Year):
    Issue (Month):
    3 (August)
    Pages:
    Handle:
    RePEc:tpr:qjecon:v:105:y:1990:i:3:p:597-624
    Keywords: Contact details of provider:
    Web page: http://mitpress.mit.edu/journals/ Order Information:
    Web: http://mitpress.mit.edu/journal-home.tcl?issn=00335533 For technical questions: baum@bc.edu (Christopher F. Baum). Related research Related papers by JEL classification: Cited by explanations
  • Hassler., John, 1997. " Regime Shifts and Volatility Spillovers on International Stock Markets Seminar Papers 603, Stockholm University, Institute for International Economic Studies [Downloadable!]
  • Financial Intermediation and The Great Depression: A Multiple Equilibrium Interpretation NBER Working Papers 5130, National Bureau of Economic Research, Inc [Downloadable!]
  • 49. Links For Economists And Historians Of Economic Thought, By Daniele Besomi
    crash of 1929 BRITISH FINANCIAL WARFARE 1929; 1931 33 Tarpley December, 1996 TheGreat depression Slouching Towards The Great crash and the Great Slump- , by J
    http://www.mysunrise.ch/users/dbesomi/Links/links-8.htm
    Daniele Besomi
    Links for economists and historians of economic thought
    : inclusion of links does not necessarily imply endorsement of the page contents.
    Daniele Besomi
    Resources Individuals Schools of thought ... Themes
    Links on the New Deal (including Roosevelt and the world slump Keynes Kahn Einaudi and Kalecki
    New Deal
    Context
    New Deal Years - Photos Photo gallery (New Deal Network) America in the 1930s
    New Deal agencies
    New Deal Agencies
    New Deal Agencies During Roosevelt's Administrations, 1933 - 1945, by Compton' s Learning Company
    Social Security History Home Page
    Great depression
    An Abridged History of the United States, by William M. Brinton
    The Great Depression
    Steve Kangas, "The Great Depression: Its Causes and Cure," Liberalism Resurgent (THE_GREAT_DEPRESSION.htm, 1997)
    The Gold Standard and the Great Depression
    Barry Eichengreen and Peter Temin, UC Berkeley and NBER; MIT and NBER, Revised, December 9, 1997
    Boom and Depression
    From the Turn of the Century to the Roaring Twenties and the Great Depression. Lecture by Carole E. Scott
    The crash of 1929
    BRITISH FINANCIAL WARFARE: 1929; 1931- 33: HOW THE CITY OF LONDON CREATED THE GREAT DEPRESSION, by Webster G. Tarpley December, 1996

    50. Research Papers - Great Depression Stock Crashes & More Papers !
    infamous stock market crash which set off the Great depression had quite A 7 pagefictional story of living through the 1929 stock market crash, plus a
    http://www.researchpapers.net/accounting31.htm

    Accounting
    Africa AIDS / HIV Animal Rights ... Zoology All Research Papers Are Only $ / page + FREE Bibliography
    Same-Day Delivery - 24 Hours A Day, 7 Days a Week ! Economic History Sub-Section (Page 2) Media Deception During The Great Depression : An 8 page
    essay on the deceptively optimistic attitude adopted by the
    press and movie industry before and during the Great
    Grdepr.wps Stock Market Crashes / 1929 vs. 1987 : Focusing mostly
    upon arguments presented in John Kenneth Galbraith's
    "1929 : The Great Crash," the writer of this 5 page paper
    discusses how the infamous stock market crash which set
    off the Great Depression had quite a bit in common with
    the more recent crash of 1987. Specific macro-economic similarities are pointed out and relevant conclusions are drawn. Bibliography lists 2 sources. Stokcrs2.wps

    51. Research Papers - Economic History , The Great Depression & More Research Papers
    the impacts and long term ramifications of the Great depression, while also paperexplores the precursors to the stock market crash of 1929 that initiated
    http://www.researchpapers.net/accounting30.htm

    Accounting
    Africa AIDS / HIV Animal Rights ... Zoology All Research Papers Are Only $ / page + FREE Bibliography
    Same-Day Delivery - 24 Hours A Day, 7 Days a Week ! Economic History Sub-Section (Page 1) A 5-page essay that explores
    in European economics that marked the beginning of the
    Middle Ages began not with the fall of the Roman Empire
    in the fifth century, but instead with the rise of Islam in the
    idea as well as the reasoning of those that oppose this idea.
    Bibliography includes 4 sources. LCPirene.wps A 15 page
    paper that explores marginalism through monetary
    economics. The paper considers supply and demand
    elasticity, price/quantity equilibrium, internal/external economics, trends, and quantity theory of money. Bibliography lists 10 sources. Ecohist.wps The American Free Banking System : A 5 page essay highlighting the emergence of the Free Banking System in early U.S. history. Specifically cited is the Act of 1792

    52. Beartopia's Market History: 1920s - 1930s Books
    ISBN 0226473716 LEUCHTENBURG, William. Anatomy of a crash 1929. ISBN 0870340379LEVIEN, J. R. America's Great depression. ISBN 0945466056 ROTHBARD, Murray.
    http://www.beartopia.net/book1920.html
    Economics
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    Bearish Investing (nothin' but) Buffett Dow Theory Intrinsic Value ... Investing Theory
    History
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    Psychology
    Behavioral Finance, Cycle Theory, Herd Psychology Elliott Wave
    The 1920s, 1930s, and the Great Depression
    Home Site Map Titles Books by Subject-Author This page shows only books restricted to the 1920s - Great Depression timeframe. You might want to see our more general history book page for financial crises at other times. Also visit our market history page , which has lots of links! Books for Bear Cubs Books for Grown Grizzlies 1920's Theme Mug at CafePress
    Books for Bear Cubs (children of stock market bears)!
    Books for Grown Grizzlies Down Below
    If you are like most sensible bears, you don't want your children brainwashed with the "stocks go up forever" ideas of Bubblevision. A few years ago on Bubblevision I heard how a "balanced" portfolio would have broken even in 6 years from 1929, actually spinning 1929 to make it seem not so bad. Of course the commentator neglected to say that you had be lucky enough to hold the "right" securities and didn't offer any suggestions as to how to identify such securities. Nor did the commentator mention that this lucky investor had as much as a 25% chance of losing his employment, which could have forced liquidation of this marvelous portfolio at bottom prices. If he didn't lose his job, he might have taken a substantial pay cut, still forcing him to liquidate.

    53. ArgMax Economics Weblog: Yes, We Can Learn From Our Mistakes
    ArgMax economics Weblog economics Blog John S. Irons However, while the 1929 crashis commonly believed to have led to the Great depression, the 1987
    http://www.argmax.com/mt_blog/archive/000223.php
    ArgMax
    Economics News, Data, and Analysis
    Sunday April 6, 6:26 pm [344784]
    links in new windows Home Articles/Blog Econ News Economists ...
    Main
    Related Entries Category: Finance No IPOs
    Not since 1974 has a month gone by with no IPOs. Bubble Confusion
    In a recent series of articles in the Washington Post, yet another writer confuses the stock market with the economy. Stock Ownership
    According to the Fed's survey of consumer finances, stock ownership is now over 50% for the first time. Interest Rates and the Stock Market
    Why the dot-coms fall farther. Recent Entries The Employment Situation
    The employment situation remains poor. The Investment Situation
    Despite improvement, don't expect a boom. Ignoring War You might not have noticed the successful attempts today to pass over $700 billion worth of tax cuts. Forbes: ArgMax Among Best Economics Blogs Forbes just named Argmax.com one of the Top 5 Economics Blogs. Yes, we can learn from our mistakes Posted by John Irons at October 12, 1997 03:26 PM Immediate policy response prevented 1987 from becoming another 1929. The magnitude of the 1987 stock market crash was much more severe than the 1929 crash - a drop of 22.6% versus 12.8%. The loss to investors amounted to $500

    54. Entry In ENCYCLOPEDIA OF POLITICAL ECONOMY
    Kindleberger, Charles P. 1986. The World in depression, 19291939 rev. Romer, Christina.The Great crash and the Onset of the Great depression.
    http://clawww.lmu.edu/faculty/jdevine/subpages/depr/shortdepr.html
    Main Article: [ Intro section I section II section III ... notes For a version of the below with a new analysis of the future, click here (an edited version of this appears in the new Encyclopedia of Political Economy , Phil O'Hara, ed.) The Origins of the Great Depression of the 1930s by James Devine November 20, 1996 The collapse of both the 1920s-era prosperity of the United States and the shakier growth of Germany heralded the world-wide Great Depression of the 1930s, as primary-product producers went bankrupt, trade wars flared, and the banking system disintegrated. Because this series of events shook popular faith in capitalism's ability to "deliver the goods," economic historians have dedicated much research time to its understanding. In this research most emphasis has been on either the U.S. economy's collapse (as with Romer, 1993) or the instability of the world economy (Temin, 1989). Leftist economists stress the inherent instability of the U.S. and world economies of the late 1920s. Hardly any emphasize a fall in the rate of profit or a high employment profit squeeze, since there is little evidence for those hypotheses. Instead, underconsumption tendencies are stressed. Paul Baran and Paul Sweezy (1966) see underconsumption-induced depression as the normal state of monopoly capitalism; it was only World War I and the 1920s automobilization of the U.S. economy that delayed its onset. On the other hand, the France-centered "Regulation School" (of Michel Aglietta (1979), and others) see a structural disjunction between the rising importance of mass production and the limits of mass consumption. The depression was inevitable in the absence of "a monopoly mode of regulation," often called "Fordism."

    55. The Crash Of 1929
    of $140 million in today's money in the crash, made a (The depression was brought Thenumber of brokerage accounts doubled between March 1927 and March 1929.
    http://www.buzzle.com/editorials/8-7-2002-23994.asp

    56. Great Depression Of The 1930's History Guide .. The History Beat
    The crash of 1929 Argues that Sliding into the Great depression - A study of theeconomics of the Great depression by J. Bradford De Long of University of
    http://www.search-beat.com/greatdepression.htm
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    57. FRBSF: Economic Letter - Monetary Policy And The Great Crash Of 1929: A Bursting
    the same in the dark days of November 1929 as at the it seems that the lesson of theGreat crash is more Monetary Factors in the Great depression. Journal of
    http://www.frbsf.org/econrsrch/wklyltr/wklyltr99/el99-10.html
    Home What's New Careers Glossary ...
    Publications
    FRBSF Economic Letter
    99-10; March 26, 1999
    Economic Letter Index Monetary Policy and the Great Crash of 1929: A Bursting Bubble or Collapsing Fundamentals? In recent years, a number of economists have expressed concern that the stock market is overvalued. Some have compared the situation with the 1920s, warning that the market may be headed for a similar collapse. Indeed, some suggest that lax monetary policy contributed to the Great Crash and have argued that current monetary policy is also dangerously lax. For example, an April 1998 Economist article stated: In the late 1920s, the Fed was also reluctant to raise interest rates in response to soaring share prices, leaving rampant bank lending to push prices higher still. When the Fed did belatedly act, the bubble burst with a vengeance. To avoid the same mistake

    58. Bruce Bartlett Opinion Editorial: What Caused The '29 Crash And Great Depression
    well in advance of the stock market crash or Smoot it is true that international tradecollapsed after 1929, it is much was due to the tariff or the depression.
    http://www.ncpa.org/oped/bartlett/oct2999.html
    Opinion Editorial
    Friday, October 29, 1999
    What Caused The '29 Crash And Great Depression?
    Today marks the 70th anniversary of the stock market crash of 1929. Despite the passage of so many years, however, there is still no consensus on what caused the crash or the relationship between the crash and the Great Depression. These are still important questions because many of the factors that have been suggested as causing the crash and subsequent depression are still relevant today. One of the most hotly debated causes of the crash is the Smoot-Hawley tariff. Protectionists like Alfred Eckes and Pat Buchanan argue that it could not have affected the market because the law was not passed until 1930, long after the crash. Although this is true, much of the legislative activity took place in 1929. As economist Alan Reynolds convincingly demonstrated in National Review (November 9, 1979), actions favoring passage of the tariff bill correlate quite well with declines in the stock market during 1929, culminating on October 29. The reason why the market crashed well in advance of the tariff becoming law is because markets are forward-looking, and quickly capitalize any policy that will impact on future profits. Fred Kent, Director of the Bankers' Trust Company, confirms that this is what happened in 1929. In a speech on November 11, 1929, Kent said, "As soon as dealers in securities, who were constantly on the watch for indications as to business conditions, realized that this feeling of uneasiness (on account of the tariff bill) was spreading throughout industry, they began selling stocks."

    59. Essays And Essays Writing Essays On Economic History - 004-018
    Presidency send me this essay A 5 page paper discussing how the wrenching eventsof 1929 and the The full effect of the crash and depression were not
    http://essaypage.com/categories/004-018.html
    We have thousands of essays in this area! Below is a list in order of relevance to your search query. All of the following documents are ready for delivery TODAY and priced at only $ /page with a free bibliography! Use the Send Me This Essay link to access our fast, easy order form and receive any essay on this list TODAY!!!... Papers On Economic History
    Page 19 of 25
    send me this essay

    A 6 page paper discussing what caused the stock market crash in 1987 and what the consequences of the crash have proven to be. Bibliography lists 5 sources.
    Filename: Crash87.wps
    The Changing Nature of Work
    send me this essay

    This 5 page paper provides an overview of the changing nature of work, with reference to Fordism and post-Fordism. This paper integrates a view of the belief that the changing nature of work is linked to the changing nature of society. Bibliography lists 3 sources.
    Filename: MHFordis.rtf
    The City Government of Miami, Florida
    send me this essay
    6 pages. This paper evaluates the city of Miami, Florida and its city government. Describes what type of city Miami is, and how it has been affected by demographic changes such as urbanization, suburbanization, deconcentration and regional shifts. Topics also include the type of city government that Miami has, as well as the type of elections. The mayoral style is considered and how this all works together to form a cohesive city government. Bibliography lists 4 sources.

    60. The World Depression
    Academic article on the cause and effect of the Great depression worldwide.Category Society History Twentieth Century Great depression...... what it had been prior to the crash; between 1929 to counterbalance deflation in timeof depression ran counter to orthodox economic theory in 19291932
    http://mars.acnet.wnec.edu/~grempel/courses/wc2/lectures/depression.html
    The Great Depression
    It was appropriate that the terrible economic slump of the 1930s started in the United States, to which Europe seemed to have surrendered economic leadership during the Great War and on which she had been dependent ever since.
    Stock Market Crash
    The stock market crash that began on a black Friday in October 1929 and deepened in the ensuing months had immediate repercussion in Europe. Indeed, even before this, the superheated boom in stock prices that marked the bull market of 1928 siphoned money from Europe. The pricking of the bubble sent shock waves throughout the world.
    Large exports of American capital had helped sustain Europe, besides providing an outlet for American surpluses of capital, during the 1920s. Investment in European bonds now contracted sharply and swiftly, as banks that were "caught short" with too many of their assets invested in securities desperately tried to raise money. By June 1930, the price of securities on Wall Street was about 20 percent, on average, of what it had been prior to the crash; between 1929 and 1932 the Dow-Jones average of industrial stock prices fell from a high of 381 to a low of 41!
    The American market for European imports also dropped sharply as the entire American economy went into shock; and, to compound trouble, congress insisted on passing a high tariff law in 1930, against the advice of almost all economists. Effective operation of the international economy required that the United States import goods to allow foreign governments to pay for American loans. Moreover, the raising of tariffs set off a chain reaction as every government tried to protect itself against an adverse trade balance leading to currency deterioration. The result was a drying up of world trade that further fueled the economic downturn. The Americans, additionally, continued to insist upon repayment of war debts, until finally in 1931 a general moratorium was declared. Well might Europeans complain of American blindness, but these events only exposed Europe's vulnerability.

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