Effects of Bankruptcy


Effects of Bankruptcy (Long Term)Believe it or not mass bankruptcy leads to radical politics.

I think that Greece will end up with extremely radical politics or go to war if the situation isn’t very well handled. The communists are already becoming stronger in Greece.

Many people know about Hitler and think of him as the evil dictator that forced himself into power, however this isn’t true. Hitler got elected into the role of Chancellor of Germany after he promised to bring economic recovery after the Wall Street Crash (1929), which brought about the Great Depression, which left millions in debt and unemployed. Hitler promised employment opportunities and economic recovery, and that was what won him the vote. The Germans who had been under the democratic rule of the Weimar republic suddenly turned to the fascists/Nazis in the times of Great Depression.

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