How "Strong" was the economy of Nazi Germany?
Funny, I've heard REAL people in "that setting" use the words "the machine"...
Thank you for taking the time to share your historical analysis. I haven't researched it much myself to be honest.
- Anonymous4 weeks agoFavorite Answer
With the infusion of capital into Nazi Germany's economy brought on by Hitler starting to nationalize Jewish wealth as he started secretly putting Jews in concentration camps in 1933 but of course not disclosing where or, more importantly, from whom he was getting all the money to fund his fake economic recovery but instead deceiving the world into thinking that it was the result of a booming free-market economy in Nazi Germany taking place when the rest of the world was in the throes of the Great Depression, he made it appear as though Nazi Germany's economy was very strong, so much so that much of the world believed it and started investing in Nazi Germany's economy, which was a primary objective of his. That, of course, was all a lie and investors in Nazi Germany's economy ended up all losing their shirts because what he had orchestrated was a giant Ponzi scheme that tricked investors with initial dividend payments funded by money he'd stolen from Jews but which he then let collapse in order to abscond with those investments and fund his war machine.
Very soon after the start of World War II, Germany's economy completely tanked as he bankrupted the economy to fund his war-- even to such degree that famine set in in Germany as food imports stopped and farmers stopped being able to farm because of so many men being sent off to war or diverted to industry producing for the war machine, a famine so severe that he struggled to even feed Nazi troops, whom he gave priority to in allocating food stuffs. By the early 1940s, Nazi troops were even going hungry, which is one of the reasons he jumped the gun and invaded the USSR hoping that Great Britain had all but fallen and that its fall would be imminent, which he couldn't have been more wrong about but needed to believe because he knew his economy was in such collapse that if he could not bring a swift end to the war, the war would become unwinnable.