By the early 1930s, Germany was in the grip of an economic meltdown. Its loss in World War I, followed by the Draconian conditions imposed by the victorious United States, Britain, and France in the Treaty of Versailles, had left the nation humiliated and in poverty, with a runaway inflation destroying their economy and the lives of the German people. The Treaty of Versailles required ruinous reparation payments to the allies.
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The global depression that came in the wake of the U.S. stock market crash in 1929, made matters even worse in Germany, causing banks to fail, factories to close, and unemployment to skyrocket. Like the American people, they looked for a savior.
They found him in Adolf Hitler; another spell-binding orator who pledged to bring about change in the way the nation was governed and the economy managed.Like the German people of 1932, many Americans seem to be willing to put our future in the hands of a messianic leader with abundant oratorical gifts, a questionable and largely unknown past and a unshakable conviction born of a socialistic background that America can spend its way out of a debacle initially caused by trying to spend our way into prosperity.
— Phil Brennan, Oct. 10 Newsmax column