The Danatbank collapse introduced the banking crisis to the public.
Evidence
The crisis became visible to the wider public with the collapse of Darmst¨adter Nationalbank (Danatbank or simply Danat), the second-largest of Germany’s four great universal banks, even if strains had already begun to appear in the banking system before (Blickle et al., 2020). — Sebastian Doerr et al., Financial Crises and Political…, 51
Categorization
- XREF: connects to: The 1931 banking crisis transformed Germany’s recession into the Great Depression. — Sebastian Doerr et al., Financial Crises and Political…, 51; Danat exposure caused worsening unemployment only after the bank failed — Sebastian Doerr et al., Financial Crises and Political…, 146; An opaque financial crisis elevated prescient explainers into cultural authorities. — W. David Marx, Blank Space: A Cultural History of the…, 212 (+1 more)
Broader Connections
- Danat exposure caused worsening unemployment only after the bank failed
#expands(0.78) — Sebastian Doerr et al., Financial Crises and Political…, 146 - An opaque financial crisis elevated prescient explainers into cultural authorities.
#exemplifies(0.72) — W. David Marx, Blank Space, 212 - Televised 1969 environmental disasters shifted public demand toward preventive regulation.
#exemplifies(0.70) — Richard J. Lazarus, The Making of Environmental Law, 285