Lessons from the Credit-Anstalt Collapse

BOOK REVIEW - The Credit-Anstalt Crisis of 1931, Author: Aurel Schubert. The End of Globalization: Lessons from the Great Depression, Author: Harold James.

By Peter Coy – The fall of Credit-Anstalt—and the dominoes it helped topple across Continental Europe and the confidence it shredded as far away as the U.S.—wasn’t just the failure of a bank: It was a failure of...