Bank-crisis exposure predicted later pogroms and deportations of Jews.

Evidence

As the fate of German Jews worsened after 1933, towns and cities more aïŹ€ected by the ïŹnancial turmoil of 1931 engaged in more persecution. Higher pre-crisis Danatbank exposure is associated with more frequent attacks on synagogues during the Kristallnacht pogroms in 1938, more anti-Semitic letters sent to a far-right Nazi newspaper, and higher post-1933 deportation rates of Jews. — Sebastian Doerr et al., Financial Crises and Political
, 30

Categorization

  • XREF: connects to: Bank-failure exposure predicts later anti-Semitic persecution across German cities. — Sebastian Doerr et al., Financial Crises and Political
, 278; Economic precarity of the lower middle class fueled sudden antisemitism — Hannah Arendt, The Origins of Totalitarianism, 141; Growing national credit pools displaced the Jews’ exclusive financial role — Hannah Arendt, The Origins of Totalitarianism, 101 (+14 more)

Broader Connections