Historically High

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The fallout of the 1929 crash proved that financial ruin is the ultimate catalyst for chaos. As global trade collapsed, countries turned inward ensuring their own survival. Germany's Weimar Republic fractured under catastrophic unemployment, creating the perfect environment for Adolf Hitler to market radical nationalism as the ultimate cure. Desperate populations traded democratic institutions for the promise of stability, transforming a banking disaster into an authoritarian takeover. Meanwhile, Great Britain and France were too crippled by their own domestic financial ruin to mount a meaningful response without severe public backlash they were unwilling to risk. By the time the dust settled, an isolated Europe had stood completely paralyzed while the guardrails preventing another World War dissolved without anyone watching them.

 

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When you think of the Great Depression, you probably picture frantic guys in three-piece suits yelling on Wall Street as the tickers went wild. But the fuse for the greatest economic crash in history wasn’t lit in New York. It was lit in the wheat fields of the American Midwest during World War I.

This week, we are kicking off a massive two-part series on The Great Depression. We start at home in the good ol U.S.A. before heading Global in next week's episode to explore the worldwide impact.

We'll discuss how American farmers went on a massive land-and-equipment buying spree to feed a war-torn Europe, only to get trapped in a brutal cycle of debt when the fighting stopped. Then we dive into the bizarre, high-stakes financial triangle that tied Uncle Sam’s wallet directly to Germany, France, and Great Britain—a house of cards built on lending and war repayments that absolutely shattered the lives of millions of everyday people who didn't even know what a stock portfolio was.

And the scariest part? The dominoes didn't stop falling at America's borders. We trace the direct, devastating line between the economic chaos triggered right here at home and the financial vacuum in Europe that directly fueled the terrifying rise of Adolf Hitler and the Nazi party.

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Butch Cassidy was born Robert Leroy Parker to a mormon family in Utah. The man who would become The Sundance Kid would first be known as Harry Longabaugh from Pennsylvania. Butch, Sundance, and the rest of the Wild Bunch would make a name for themselves during the death rattle of the outlaw American west. To the public they appeared to be a group of Robin Hood-esque bandits and although they really only stole from the rich, the money didn't always make it to the poor in the traditional sense. On the run constantly and sensing the arms of the government closing around them they had one more play, a daring escape to South America. Join us as we get Historically High on Butch and Sundance.

 

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Just a few months after the Battle of Stalingrad ended in a crushing German defeat, Hitler decided he needed to reverse course on the Eastern Front. Enter Operation Citadel, the Nazi plan to pincer a large bulge (salient) the Soviets had caused in the German defensive line taking a large amount of Soviet troops prisoner. To make this happen Hitler would repeatedly delay the operation for months in order to wait for his new Wunderwaffen (Wonder Weapons), namely their newest tanks, The Panther and The Tiger. We while waiting for these hopeful game-changers to roll fresh off the assembly line, the Soviet Union was hard at work turning the salient into what would become a living nightmare for the Nazis when they finally did have a change to put their new tanks into the field.

 

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