Coming soon - Get a detailed view of why an account is flagged as spam!
view details

This post has been de-listed

It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.

2
[EVENT] Mein Gott
Author Summary
camcorder44 is in EVENT
Post Body


Berlin, February 16th, 1936


 

The bubble has burst. February 3rd has been immediately dubbed "Black Monday", as the Berlin Stock Exchange has plummeted 24%, an unprecedented drop. As Germany is gripped by economic woe, the German Government must act quickly to avoid this from becoming worst, or god forbid, getting out of hand.

 


 


To respond with the crisis at hand, Chancellor Adolf Tortilowicz von Batocki-Friebe has declared a bank holiday to stop the marathon run on the banks, hoping to give both the government and Reichsbank time to act while the banks are closed, hoping to mitigate further damage and to start recovery immediately. While they are closed for a week, the Mark will be devalued and further currency will be printed to bail out the banks of Germany, hoping to save them while the chance is there.

 

While there is much more to be done in the coming months, the run on the banks must end, and we hope that when the banks reopen, German citizens will redeposit their money into the bank, while the German government has issued vague announcements of further banking legislation to try and restore confidence.

Author
Account Strength
90%
Account Age
4 years
Verified Email
Yes
Verified Flair
No
Total Karma
1,372
Link Karma
1,061
Comment Karma
137
Profile updated: 1 week ago
Posts updated: 9 months ago
French Republic

Subreddit

Post Details

Location
We try to extract some basic information from the post title. This is not always successful or accurate, please use your best judgement and compare these values to the post title and body for confirmation.
Posted
3 years ago