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Schacht triggers Germany's 'Black Friday'

1927 · importance 2/5 · ai_extracted

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  • Lords of Finance whole source · open book
    On Thursday, May 12, 1927, he made his move. The Reichsbank instructed every bank in Germany to cut its loans for stock trading by 25 percent immediately.

    chapter: 14. THE FIRST SQUALLS - 1926-27

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1914 · 1914-07-28 · -0489 (490 BCE) · 1930~ (circa) · 19XX (century) · 197X (decade)

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