How did the National Socialist Economy work form the mid

>>2907529
>take loans
>build army
>employ people
>you're in deep loans now
>start war, hope to win

>>2907529
it didn't

>>2907529
Badly.

>>2907709
this

Germany put itself into massive debt through overspending on both massive architectural/public works projects and rearmament of the military, and banked on all the profit looted from their conquests to pay it back, which is obvious how that turned out.

The timing of the war was also tied to Germany's massive overspending, as Mussolini stated that Italy would not be fully armed and supplied for war until 1942-3, but Hitler had to go to war as early as 1939 in order to prevent the full consequences of the country's spending spree from tanking the economy and throwing Germany into another financial collapse.

File: nazi privatization.png (341KB, 1980x1584px) Image search: [Google]

341KB, 1980x1584px

>>2907529
Capitalism

>>2907529
Purely on promissory notes

File: da book.jpg (846KB, 902x1372px) Image search: [Google]

846KB, 902x1372px

>>2907529
>>2907709

>>2907709
Why did anybody lend money to the Nazi government, though, given Germany's economic troubles?

>>2907761
>Germany put itself into massive debt

Just like literally every modern country?

>>2907529
He got shitloads of money from private investors in the u.s

>>2908674
You know it's not only states that can lend money to other states? Private companies (from military-industrial complex in this case) can do it too.

>>2907786
whoever made this clearly has no fucking idea what Piketty was talking about, or what the rate of return of capital is, or how stock markets work

>>2908674
Prescott Bush, Bush '91s father, had his assets in the Union Banking Corporation seized due to the trading with the enemy act because he was handling and loaning oodles of Nazi money

>>2908674
Because despite its problems, the German economy was heavily integrated with the world economy (or at least the European economy), importing and exporting all kinds of stuff. If Germany collapses, the problem spreads further.