Bernd
07/11/2019 (Thu) 18:14:41
No.27963
del
The dollar's devaluation was in 1933, not 1931.
>>27962>Great DepressionIt's mentioned by name in the preface and introduction. The evaporation of American credit, the June 1931 crisis and the decline of globalization all happen in its context. It's emphasized that multilateral deals were harder to create, with bilateralism seeing a resurgence, and France, Britain and the United States were no longer acting coherently together.