Wenn blinde Profitgier in der Katastrophe endet. Die Wirtschaftskrisen von 1873 und 1929.

Abstract

If blind greed of gain ends in disaster.

Economic crises in 1873 and 1929.

The paper focuses on two of the most known and important economic crises in history. Both crises will be analysed in matters of reasons, starting, progression and aftermath. As will be shown, crises have different and parallel operations and differing broad and depth effect. Concluding remark will show, economic crisis since 2008 tallies with some importan points of the crises in 1873 and 1929.