martes, 1 de noviembre de 2011

The German economic crisis.


Germany suffered hyperinflation in its worst form in the 1920s, during the post-First World War periods. Hyperinflation began in Germany sometimes in the beginning of the 1920s. The situation did not appear to be a serious one in the initial stages, but started spreading its tentacles and assumed full form since 1921. Very soon, it spread like a wild fire, taking the entire German nation in its deadly clutches. Hyperinflation continued in Germany until the close of 1923. This video explains in a simple way what hyperinflation is and what were the effects on the Germans.
I could attribute to hyperinflation the reason why my great grandparents had to immigrate to Argentina.German immigration to Argentina occurred during 5 main time periods: pre–1870, 1870–1914, 1918–1933, 1933–1940 and post–1945. During the third period, from 1918 to 1933, after a pause during World War I, immigration to Argentina again resumed and Germans came in their largest numbers. The two largest years of German immigration to Argentina were 1923 and 1924, approximately 10,000 in each year. Two of them were my great grandparents Carl and Lina.

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