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1 janv. 1931 - Failure of Credit Anstalt (Austria)

Description:

Credit Anstalt lost 85% of its equity, causing a series of bank runs (depositors pulling their money out) in Hungary and Germany.
Hoover (US Pres.) tried to stop by allowing war debts to be suspended for a year but this didn't work

Ajouté au bande de temps:

Economic History

ByEdoardo Raoul Falco
29 août 2021
0
0
312

Date:

1 janv. 1931
Maintenaint
~ Il y a 94 ans
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